Feb 3, 2016 5:13:04 PM
Hyderabad, India, 03 February 2016 - Cyient was recognized as an 'Established and Expansive' player in engineering research and development (ER&D) services, in the Global Service Provider Ratings (GSPR) 2015 published by Zinnov, a leading management consulting and globalization advisory firm. The ratings continued to distinguish Cyient as a leader in the Aerospace and Transportation segments for the fifth consecutive year. Cyient's leadership position also remained unchanged in the Energy and Utilities, and Construction and Heavy Machinery industries for the third consecutive year.
Cyient was also recognized as an 'Established and Expansive' player in Mechanical Engineering, and an 'Established and Niche' player in Embedded Systems-the two new service segments Zinnov added to its GSPR research in 2015.
"Zinnov's ratings of Cyient are extremely encouraging. A key differentiator, which places us continually in a leadership position, is our unrelenting commitment to building and deepening our domain expertise in close collaboration with our clients. The fact that Cyient continues to maintain its top rating year after year across a number of industry verticals is a testimony to our spirit of innovation and growth", said Krishna Bodanapu, Managing Director and Chief Executive Officer, Cyient Limited.
"Cyient is one of the leading Engineering Service Providers holding deep expertise in Mechanical Engineering, Value Engineering and Telecom Network operations. Through directed acquisitions and investments they have emerged as a true full-stack integrated engineering services provider in core engineering verticals including Aerospace, Construction, Transport and Heavy Machinery verticals. Their acquisition of Rangsons Electronics has further equipped them with end-to-end capabilities to deliver design to build solutions to customers. Beyond the core engineering verticals, Cyient has made steady progress in Semiconductor and Medical Devices verticals, where they have built deep expertise backed by a strong talent pool across key technologies/sub-verticals", said Sidhant Rastogi, Partner & Practice Head, Zinnov.
The Zinnov GSPR ratings evaluate service providers on a range of parameters, such as solution capabilities, innovation, human capital, financials, ecosystem linkages, infrastructure, and business sustainability.
Cyient is a global provider of engineering, data analytics, networks and operations solutions. We collaborate with our clients to achieve more and shape a better tomorrow.
With decades of experience, Cyient is well positioned to solve problems. Our solutions include product development and life-cycle support, process and network engineering, and data transformation and analytics. We provide expertise in the aerospace, consumer, energy, medical, oil and gas, mining, heavy equipment, semiconductor, rail transportation, telecom and utilities industries.
Strong capabilities combined with a global network of more than 12,600 associates across 38 global locations enable us to deliver measurable and substantial benefits to major organizations worldwide.
The GSPR 2015 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 2015 benchmarks engineering service providers on parameters such as innovation and IP focus, R&D practice maturity, specialization, ecosystem linkages, scale, client spread, and growth.
Zinnov assists clients improve organizational efficiency, innovation and revenue by leveraging global resources and markets. The company offers deep expertise in Engineering, Digital and Globalization. Zinnov has been at the forefront of innovation and thought leadership. With over a decade's experience in globalization, it helps clients in understanding customer problems and coming up with viable solutions. Zinnov assists clients in addressing globalization challenges by offering customers insights, data, and implementation support to address their challenges. The company's in-depth experience is driven by its focus on engineering and digital practice areas. Visit Zinnov at www.zinnov.com.
Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.