HOME

TheInfoList



OR:

Cyient (formerly Infotech Enterprises Limited) is an Indian multinational technology company that is focused on
engineering Engineering is the use of scientific method, scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad rang ...
,
manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a r ...
,
data analytics Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data. It also entails applying data patterns toward effective decision-making. It ...
, and
network Network, networking and networked may refer to: Science and technology * Network theory, the study of graphs as a representation of relations between discrete objects * Network science, an academic field that studies complex networks Mathematics ...
s and operations. Infotech Enterprises Ltd. was established in 1991 in
Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...
. Infotech Enterprises was re-branded as Cyient in 2014 and was featured among the top 30 outsourcing companies in the world in 2018.


History

Cyient was established as Infotech Enterprises Ltd. in 1991 in
Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...
by
B. V. R. Mohan Reddy B. V. R. Mohan Reddy (born 1950) is an Indian business executive and engineering manager who founded and served as Executive Chairman of Cyient. He joined the DCM Group in 1974, and has subsequently worked with MICO Bosch, HCL, and OMC Compute ...
. In 1995, the company received its first ISO 9002 certification from BVQi London for its conversion services. Infotech Enterprises started its operations as a private limited to provide engineering service to global markets. It encountered a strong resistance to the very concept of engineering outsourcing, but found immediate opportunity in the
GIS A geographic information system (GIS) is a type of database containing Geographic data and information, geographic data (that is, descriptions of phenomena for which location is relevant), combined with Geographic information system software, sof ...
arena. Cyient became a public limited company in 1997, had an IPO of equity shares at ₹ 20/- per share and listed in all major stock exchanges in India. Around 1999, it signed a breakthrough contract to provide
GIS A geographic information system (GIS) is a type of database containing Geographic data and information, geographic data (that is, descriptions of phenomena for which location is relevant), combined with Geographic information system software, sof ...
conversion and consultation mapping services worth US$5.5 million to US based Analytical Surveys, Inc. Within the same year, the company acquired Cartographic Sciences from Analytical Surveys, Inc. In June 1999, the company acquired Dataview Solutions Limited, a UK based
GIS A geographic information system (GIS) is a type of database containing Geographic data and information, geographic data (that is, descriptions of phenomena for which location is relevant), combined with Geographic information system software, sof ...
Software Company. The company continued to pursue engineering services, and finally got a major breakthrough with a leading aircraft engine manufacturer in the year 2000 for engineering services. In 2000, Cyient announced the acquisition of a German company, Advanced Graphics Software GmbH (AGS), a mechanical engineering software and services company specialising in 3D CAD/CAM. In 2002, Infotech announced a strategic business relationship with the
Pratt & Whitney Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviat ...
division of
United Technologies Corporation United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems ...
, a
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film) ...
100 company.
Pratt & Whitney Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviat ...
were to participate with up to ~18% equity stake in Infotech, demonstrating long-term partnering intent and endorsing Infotech's business competence. In 2005, Infotech acquired
Tele Atlas Tele Atlas is a Netherlands-based company founded in 1984 which delivers digital maps and other dynamic content for navigation and location-based services, including personal and in-car navigation systems, and provides data used in a wide range ...
India Pvt Ltd. Tele Atlas parent company joined as a strategic partner with preferential allotment of shares. Cyient's founder, B V R Mohan Reddy, was elected Chairman of the Confederation of Indian Industry (CII) Southern Region in 2008. On January 15, 2010, Daxcon was acquired by Infotech Enterprises America, Inc; a wholly owned subsidiary of Infotech Enterprises Limited, India. In March 2013, Cyient became public with its own
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
(IPO). Infotech Enterprises Limited adopted the Cyient name in 2014. On May 7, 2014, Cyient Limited, formerly known as Infotech Enterprises Limited, officially announced its new name based on approval from a shareholders' vote. The process of determining the new identity, bearing connotations to the words ''client'' and ''science'', while ''Cyient'' referencing ''Infotech Enterprises'', involved various brand specialists, and the new name was tested in 17 languages. After changing its name, Cyient relocated its US headquarters in
Connecticut Connecticut () is the southernmost state in the New England region of the Northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. Its cap ...
to a new building. Infotech Enterprises acquired Softential, Inc in 2014, Cyient also acquired Invati Insights in 2014, with the new entity named Cyient Insights. In 2015, Cyient acquired Pratt & Whitney Global Services Engineering Asia and Rangsons Electronics. On February 8, 2017, Cyient Inc. agreed to acquire Certon Software Inc. On April 25, 2022, Cyient announced to acquire the Finnish plant and product engineering services company Citec.


Facilities and staff

Founded in
Hyderabad, India Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the '' de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River, in the northern part of Southern In ...
, by February 2017 Cyient had around 14,000 employees in 21 countries in
Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ...
,
Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...
, and
North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
. Among other facilities, it has offices in
Electronic City Electronic City is an information technology hub in Bangalore, India, located in Anekal taluk. It is one of India's largest electronic/IT industrial parks, spread over 800 acres (3.2 km²) in Konappana Agrahara and Doddathogur villages. ...
in
Bangalore, India Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
. Globally, offices are located in countries such as
Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...
,
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
,
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
,
Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
,
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
,
Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
, the
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
,
New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
,
Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...
,
Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...
,
South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
,
Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...
,
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
,
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
, the
United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...
, the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
and the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
. In January 2017, Cyient opened facilities at the Incubation Centre of the
Telangana State Industrial Infrastructure Corporation Telangana State Industrial Infrastructure Corporation also known as (TSIIC) is a Government of Telangana initiative for providing infrastructure through the development of industrial areas in the state of Telangana Telangana (; , ) is a st ...
in
Warangal Warangal () is a city in the Indian state of Telangana and the district headquarters of Warangal district. It is the second largest city in Telangana with a population of 704,570 per 2011 Census of India, and spreading over an . Warangal ser ...
, also began to build a 70,000 square feet Technology Development Centre at
Madikonda Madikonda is a neighbourhood of Warangal in Telangana, India. It is on the way from Hyderabad to Warangal on National Highway 163 (India). During 2011 Census, Madikonda which was earlier a partly rural village have been classified as fully outg ...
Special Economic Zone in Warangal. In February 2017, Cyient and ANSYS agreed to "set up a simulation lab at Cyient’s Experience Centre in Hyderabad." The Cyient-ANSYS Simulation Lab is to be able in particular to develop
proof-of-concept Proof of concept (POC or PoC), also known as proof of principle, is a realization of a certain method or idea in order to demonstrate its feasibility, or a demonstration in principle with the aim of verifying that some concept or theory has prac ...
s (POC) for Cyient and its clients. With its United States headquarters in the state of
Connecticut Connecticut () is the southernmost state in the New England region of the Northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. Its cap ...
, in return for a pledge to add 85 jobs to the state, in February 2017, Cyient Inc. in
East Hartford East Hartford is a town in Hartford County, Connecticut, United States. The population was 51,045 at the 2020 census. The town is located on the east bank of the Connecticut River, directly across from Hartford, Connecticut. It is home to aerospac ...
received a $500,000 loan from the state Department of Economic and Community Development for new machinery and equipment. At the time, Cyient was a supplier to Connecticut engine builders and employed 456 full-time workers in Connecticut. The group companies are: * Cyient, Inc * Cyient Europe Ltd * Cyient GmbH * Cyient Ltd (Japan) * Cyient Insights * Cyient Singapore Pte Ltd * Cyient Design Led Manufacturing * Certon * Blom Aerofilms


Products

Cyient Limited as of 2014 provides "software-enabled engineering & geographic information system (GIS) services."


Awards and recognition

The company was named supplier of the Year from
The Boeing Company The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
in 2010. In 2011, Cyient founder B V R Mohan Reddy received the
ASME The American Society of Mechanical Engineers (ASME) is an American professional association that, in its own words, "promotes the art, science, and practice of multidisciplinary engineering and allied sciences around the globe" via "continuing ...
Leadership Award. In 2012, the company was awarded the Indo-American Corporate Excellence Award for Best Indian Company operating in the US under the Technology & Communications Category. It was named supplier of the year from The Boeing Company for the second time in 2013, winning the next year as well for the third time. The company was featured among the top 30 outsourcing companies in the world in 2014.


See also

*
List of companies of India India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world. In 2019, the Indian economy was the world's fifth ...
*
List of Indian IT companies This is a list of notable companies in the information technology sector based in India. Top Indian companies are listed in descending order of their market capitalization, and other companies are listed alphabetically, grouped by the citie ...
*
Software industry in Telangana The Indian state of Telangana has a significant amount of software export in India. While the majority of the industry is concentrated in Hyderabad, other cities are also becoming significant IT destinations in the state. Hyderabad houses the ...
*
Information technology in India The information technology industry in India comprises information technology services, consulting, and outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at $2 ...
*
Electronics and semiconductor manufacturing industry in India The Indian electronics industry saw growth in the early years of the 21st century, encouraged both by government policies and incentives and by international investment. Its key and most resource-intensive segment, the semiconductor industry benefi ...


References


External links

* {{official website, http://www.cyient.com Multinational companies headquartered in India Companies based in Hyderabad, India Outsourcing Outsourcing in India Software companies established in 1991 Software companies of India Engineering companies of India International information technology consulting firms Information technology consulting firms of India Outsourcing companies Indian brands Indian companies established in 1991 1997 establishments in Andhra Pradesh Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange