Hyderabad city is today known for its IT and IT-enabled services, pharmaceuticals and entertainment industries. Many software firms, call centres, business process outsourcing (BPO) firms, dealing with IT and other technological services were set up in the 1990s making it one of the major regions for call centre setups, technology development and KPO hubs in India. The development of a township with state-of-the-art facilities called HITEC City prompted several IT and ITES companies to set up operations in the city. An aggressive promotion of growth in this area has led civic boosters to call the city Cyberabad. Hyderabad is the third largest IT exporter in India next to Chennai and Bangalore. There have been extensive investments in digital infrastructure within the city promoting the setting up of several campuses by a vast array of companies within the city. This list includes several multinational corporations having established their development centres in the city. The major areas where such campuses have been set up are Madhapur, Kondapur, Gachibowli and Uppal.
Cyber Towers IT Park at Madhapur, the symbol of IT industry in Hyderabad.Hyderabad is home to many Fortune 500 Corporations, with the majority related to IT or BPO services industry. Microsoft (the largest R&D campus outside the US), Computer Associates, Amazon, GE, IBM,AMD, Accenture, Google, Motorola, SAP AG, DuPont, Deloitte, Oracle Corporation, Dell, Franklin Templeton, Qualcomm, Agilent, ADP, UBS AG, Rockwell Collins, Bank of America, CSC, Verizon, Convergys, Texas Instruments, Hewlett-Packard, Virtusa, are some the Fortune 500 companies that have significant presence in Hyderabad. Honeywell opened a new R&D centre at Nanakramguda, which is situated on the verge of Gachibowli.
Indian IT giants such as HCL, Satyam, Infosys, Wipro, Patni Computer Systems, Cognizant Technologies, Tata Consultancy Services, Polaris, and Infotech Enterprises, have set up their development centres in the city.
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