Hyderabad, July 27, 2018: Cyient, a global provider of engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders, announced today that the company’s Founder and Executive Chairman, BVR Mohan Reddy, received the prestigious Lifetime Achievement Award at the 26th edition of the Hyderabad Software Enterprises Association (HYSEA) Annual Industry Awards 2018. Founder of the largest IT & ITES Company from the Telugu-speaking states of Telangana & Andhra Pradesh, Mr. Mohan Reddy is the inaugural recipient of the award and has been felicitated for his numerous contributions to the industry over the last three decades. Cyient was also conferred with the Top IT/ ITES Exporter Award in the Rs 1,000 crore export category. Mr. Krishna Bodanapu, Managing Director & CEO, Cyient, received this award on behalf of the company.
Mr. Mohan Reddy received the award from the Vice President of India, Shri M Venkaiah Naidu, who was the chief guest at the event. A self-made entrepreneur, visionary leader, and innovator, Mr. Mohan Reddy has relentlessly worked towards growing Cyient into a large, sustainable, global enterprise that employs more than 15,000 associates across 47 locations in 21 countries and placing the Telugu-speaking states of Telangana & Andhra Pradesh firmly on the world IT map.
He has been at the forefront, strongly advocating and driving the need for a conducive policy environment apart from being the voice of the industry at various global forums. Mr. Mohan Reddy laid the foundation of ER&D services in India three decades back and has been driving its growth since then. His passion for entrepreneurship has led him to be actively involved in mentoring and helping early-stage start-ups. A strong believer in the power of education, Mr. Mohan Reddy has significantly contributed to promoting technical education in the country. He has a burning desire to make a positive impact on the society and under his able guidance, Cyient Foundation has done phenomenal work in providing education, digital literacy and innovative and affordable healthcare to the underserved sections of the society.
On receiving the award, Mr. Mohan Reddy said, “I am honored to receive this prestigious award from HYSEA. Over the past three decades, HYSEA has played a key role in fostering the IT and ITES industry, and I am delighted to have contributed to this growth. But what got us here will not get us to the future. The industry is entering a phase of great transformation brought about by rapid advancements in technology and is at a tipping point of unprecedented growth. To grab this opportunity and fuel the transformation, our industry should become a hub for innovation, talent, and entrepreneurship.”
HYSEA and STPI-Hyderabad recognize the performance of the IT and ITES companies operating out of Hyderabad every year during the HYSEA Annual Day. The categories considered for the awards include Productivity, Product Development, Best Practices in CSR, and awards based on export earnings for each financial year. The export awards are given under separate categories for SMEs and established organizations (Indian and MNC/GIC category). Cyient has been featured as one of the leading IT/ITES Exporters from Hyderabad for FY18 and hence was awarded the Top IT/ ITES Exporters in the Rs 1,000 crore category.
Cyient (Estd: 1991, NSE: CYIENT) provides engineering, manufacturing, geospatial, network and operations management services to global industry leaders. Cyient leverages the power of digital technology and advanced analytics capabilities, along with their domain knowledge and technical expertise, to help clients solve complex business problems. As a Design-Build-Maintain partner that takes solution ownership across the value chain, Cyient empowers its clients to focus on their core, innovate, and stay ahead of the curve.
Relationships form the core of how Cyient works. With a client-centric approach and a workforce of more than 15,000 in 21 countries, Cyient combines global delivery with proximity to its clients to function as their extended team. Cyient’s industry focus includes aerospace and defense, medical, telecommunications, rail transportation, semiconductor, utilities, industrial, energy and natural resources.
Follow news about the company at @Cyient
For media inquiries, write to press(at)cyient.com