Solidifies its leadership position across four distinct engineering service segments in Zinnov’s 2014 ratings for fourth consecutive year
Hyderabad, 29th September 2014 – Cyient (formerly Infotech Enterprises) has been recognized as a leader in four distinct engineering service segments. The Global Service Provider Ratings (GSPR) 2014 released by a leading management consulting and globalization advisory firm, Zinnov, have placed Cyient in the Leadership Zone for the fourth consecutive year in engineering services for the Aerospace and Transport industry segments. Furthermore, for the second successive year, Cyient has also continued to command its leadership position in the Construction, Heavy Machinery, and Energy segments.
In order to provide a holistic assessment, Zinnov evaluated global engineering service providers based on several parameters such as solution capabilities, human capital, financials, ecosystem linkages, infrastructure, innovation, and client relationships.
Krishna Bodanapu, Managing Director and Chief Executive Officer, Cyient Limited, said, “I am very proud that Zinnov has recognized Cyient for our niche engineering service capabilities that range from concept to product realization, and our deep partnerships with clients. Following our vision of ‘designing tomorrow together’, we continue to invest significantly in developing innovative value creation models that form long-term strategic collaborations with industry-leading clients.”
Commenting on Cyient’s leadership position, Sundararaman Viswanathan, Associate Director at Zinnov, said, “Cyient is certainly a strong engineering partner. The long and deep relationships they have with their customers is testimony to this fact. Further to its traditional strengths in Mechanical Engineering and Embedded Systems, Cyient has built a good capability in Engineering Analytics which positions it well to address the future needs of engineering services.”
Bodanapu outlined the reasons he believes the company received the positive ratings from Zinnov. They included, “Cyient’s deep domain expertise across industry segments is confirmed with our continued strong placement in the coveted Leadership Zone of Zinnov’s Global Service Provider Ratings. The consistently high ratings reflect Cyient’s relentless focus on deepening its existing capabilities, while simultaneously acquiring and developing new ones through both organic and inorganic growth initiatives.”
Committed to fostering a culture of innovation, Cyient demonstrates strong, sustained investments in developing workforce, intellectual property, and state-of-the-art lab infrastructure, such as the recently inaugurated Cyient Experience Center in Hyderabad, India and its Engineering Center in Dallas, Texas.
The GSPR 2014 is a result of an extensive exercise conducted by Zinnov Management Consulting on several product engineering services companies across multiple verticals and geographies. The GSPR 2014 benchmarks engineering service providers on parameters such as Innovation and IP Focus, R&D Practice Maturity, Specialization, Ecosystem Linkages, Scale, Client Spread and Growth.
Founded in 2002, Zinnov – meaning Zeal in Innovation – is a leading Globalization and Market Expansion Advisory firm, with specialization in areas such as Global Sourcing, Emerging Markets Expansion, Human Capital Optimization, Small & Medium Businesses, Innovation, Cloud Computing and Enterprise Mobility. Zinnov offers advisory services to global leaders in business and technology and works collectively with them to tackle prevailing organizational challenges by analyzing changing dynamics, improving performance, and building institutional capability. The services delivered to its clients through advanced reasoning and analytical techniques, provides solutions help in integrating organizational vision, business definition and processes.
Cyient Limited is an engineering, network and operations solutions company headquartered in Hyderabad, India. More than 12,500 associates across 38 global locations apply expertise in industries including aerospace, consumer, energy, medical, oil and gas, mining, heavy equipment, semiconductor, rail transportation, utilities and communications. By collaborating closely with clients to anticipate needs and solve complex problems, Cyient has developed long-term partnerships with companies around the world. This enables the company to do more and reach further, resulting in a better tomorrow.