Global Capability Centers (GCCs) have rapidly transformed from back-office cost hubs into strategic engines of innovation, driving digital-first strategies, accelerating modernization with AI, cloud, and cybersecurity, and boosting productivity through advanced tools. They are embedding data-driven intelligence into products and decisions, blurring the line between software and data products to deliver smarter, scalable solutions. By tapping into local market insights and diverse global networks, GCCs are creating breakthrough innovations that go beyond headquarters-driven models. With over 1,600 centers in India alone, GCCs are now critical co-innovators shaping the future of global enterprises.