Diligent's Chief Financial Officer Michael Stanton recently accepted the 'Investor of the Year' award, which recognizes key foreign investors, at the Hungarian Investment Promotion Agency (HIPA) awards ceremony. HIPA acknowledges the creation of jobs that generate significant added value and require the highest professional knowledge, which positively impacts the Hungarian GDP. To date, Diligent has successfully recruited nearly half of its target of product and engineering professionals at its Center for Global Product Innovation in Budapest and is well on track to securing more than 300 new hires.
The New York-headquartered leading technology company won the 2021 'Investor of the Year' award based on the impact that its newly-founded Center for Global Product Innovation will have on the local economy. By providing a high volume of jobs and fostering the growth of a highly skilled workforce, Diligent's Hungarian-based operations will help boost economic outcomes on a local and national scale.
'We chose Hungary because of its best-in-class talent. Our ability to quickly scale is a testament to the quality and sophistication of this market and we are thankful for HIPA's support and partnership,' said Stanton.
The HIPA award was also granted based on the impact the Center will have in giving local professionals the opportunity to produce solutions that will be used and valued by some of the world's top companies. Simultaneously, these professionals will gain insights into internationally relevant topics and expand the horizon of their knowledge.
For Hungary, expanding the strength of its software industry, including business solutions based on the latest technologies, is a top priority; the establishment and operation of the Center for Global Product Innovation strengthens this strategy.
Diligent's establishment of the Center for Global Product Innovation in Hungary represents one of the most valuable foreign investments in the past year. Diligent's offices will be in Szervita Square, a central location that can accomodate future growth needs in a cutting-edge space.
As the leading governance, risk and compliance (GRC) SaaS provider, Diligent serves more than one million users from over 25,000 organizations around the globe. The software platform ensures boards, executives and other leaders have a holistic, integrated view of audit, risk, information security, ethics and compliance across the organization.
About Diligent Corporation
Diligent is the leading governance, risk, and compliance (GRC) SaaS company, serving more than one million users from over 25,000 organizations around the globe. Our modern GRC platform ensures boards, executives and other leaders have a holistic, integrated view of audit, risk, information security, ethics, and compliance across the organization. Diligent brings technology, insights, and confidence to leaders so they can build more effective, equitable and successful organizations.
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