Magellanic Cloud eyes Rs 600 crore revenue in two years; plans to up workforce to 5,000

Hyderabad: Hyderabad-based IT services provider Magellanic Cloud on Monday announced its strategic growth vision to surpass Rs 600 crore in revenues to be achieved within next two years. Magellanic Cloud Managing Director and Global CEO Joseph Sudheer Thumma, who made this announcement here, said that the company is banking on newer growth opportunities arising out of emergence of AI to achieve this target.