FICO Eyes India as Key Revenue Market, Plans Expansion

India is poised to become one of the top revenue markets for Fair Isaac Corporation (FICO), the US-based data and analytics giant, according to its CEO Will Lansing. In a recent video interview with Peerzada Abrar, Lansing, speaking from his base in California, highlighted FICO's strategic focus on expanding its footprint in India.

Lansing emphasized that FICO is not only scaling up its operations by recruiting local talent and fostering innovation but is also heavily investing in penetrating the Indian market. The company aims to provide its cutting-edge technology solutions to some of the largest banks in the country.

"India represents a significant opportunity for FICO due to its rapidly growing economy and the increasing adoption of digital technologies in the banking sector," Lansing stated. He added that FICO's initiatives include not just serving the market but also collaborating with local entities to enhance its offerings.

This strategic move by FICO underscores the growing importance of India as a hub for global financial technology and analytics, with the potential to influence FICO's global strategy and revenue streams in the coming years.