Global Capability Centers, or GCCs, are no longer just back-end service units; they are now considered full-scale innovation centers. More and more companies in India are setting up GCCs in Hyderabad to run their critical operations, including HR, finance, analytics, product design, and engineering. But what changed is how these GCCs are now operating. Companies are opting for a managed office rather than building everything from scratch for their GCCs. These are spaces being explored to remain agile, work faster, and manage their budget. So, this is a strategic move rather than just a convenient one.
What are Managed Offices in Hyderabad?
A Managed Office in Hyderabad is operated, maintained, and designed by a third-party vendor. These workspaces are different from the traditional office leasing model as they offer:
- Flexible lease
- End-to-end infrastructure and facility management
- Customized workstations
- Tech-enabled services
Managed office space in Hyderabad is a perfect solution for GCCs seeking operational speed and agility.
Why are GCCs Preferring Managed Offices in Hyderabad?Reduced Capital Expenditure and Cost-Effectiveness
Custom-designed managed office space is crucial for GCCs. The conventional method of opening an office in Hyderabad will incur huge real estate, infrastructure, and maintenance costs. A managed office will lower this cost by providing fully furnished space, infrastructure, technology, and utilities. Besides, these spaces can further reduce costs through pay-as-you-go models rather than long-term leases, making them the best option for companies looking to cut costs.
Flexibility and Scalability for Growth
GCCs are now transforming from single-function units to multi-functional centers of excellence. These offices handle product development, AI-driven analysis, and technical and digital tasks. They therefore require space that is readily adaptable to their changing needs. And that is where a managed virtual office space excels in scalability, enabling GCCs to scale up or down with the number of their team members or project demands.
Access to Robust Infrastructure and Prime Locations
For GCCs, location matters most, as they need to be in proximity to talent and innovation. The managed office is located in the most premium areas in Hyderabad, where numerous GCC centers are also present. These places have access to talented individuals, an active startup atmosphere, and high-tech internet infrastructure. The office providers ensure that these work areas are furnished with current IT systems, high-speed internet, and compatible facilities, so the GCCs do not have to take care of the infrastructure.
Better Attraction and Retention of Talent
The GCCs depend on India’s large talent pool, which includes students studying computer science, engineering, and business administration. However, there is a very high rate of attrition because of competition and the demand for attractive working environments. Managed office is another contemporary, user-friendly workspace with recreational amenities, comfortable furniture, and onsite IT services to enhance employee satisfaction.
Besides, GCCs are promoting a hybrid working model, which is already popular among young, technologically inclined employees in India. Therefore, these GCCs prefer managed offices because they offer an appealing value proposition to employees and help attract and retain available talent.
Cooperation and Innovation Support
GCCs prioritise innovation, and 86% of them had AI projects in 2024. A managed office promotes cooperation within teams by providing updated working conditions and the latest technology. This enables GCCs to focus on high-value projects and new product development.
Conclusion
Would you like to expand or establish your GCC in Hyderabad? iKeva can help you build your team with flexibility, efficiency, and zero hassle. Whether you are just growing aggressively or entering the Hyderabad market, iKeva has a solution tailored to your needs.
