Tag: Cyient

Cyient Committed to Investing in Technology, Innovation,and Sustainability in Finland

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Telugu super news,Hyderabad, June 26, 2023:Cyient, an engineering and technology solutions company, announced that it has fully integrated the Finland based acquired entity, Citec, into Cyient. As one of the final steps of the integration process, the Founder Chairman of Cyient, Dr. B.V.R Mohan Reddy visited the offices in Vaasa and Helsinki to commemorate this integration into Cyient.

While Cyient has completed 20 acquisitions over its 32-year history, Citec was the largest; in terms of revenue, valuation, number of people, and geographic locations. It was also it’s first in the Nordics region and has provided expanded capabilities in sustainability services and plant engineering. In every major geography Cyient operates in, it not only focuses on business but also in becoming an integral part of the local ecosystem, focusing on technology,
innovation, education, and entrepreneurship (start-ups). The company has committed to do the same in Finland.

The event held in Helsinki was attended by the Ambassador of India to Finland and Head of Business Finland for India, the Middle East and Africa. “I am impressed by the available talent, the ease of doing business, and the robust start-up ecosystem,” said Dr. B.V.R. Mohan Reddy, Founder Chairman, Cyient. Cyient has promised to build relationships with local innovation hubs, educational institutions, and the business community to promote the country.

“Both countries (Finland and India), enjoy a warm relationship. Finland can be a launching platform for Cyient to expand their presence in Europe” said Mr. Raveesh Kumar, Ambassador of India to Finland. As a sign of things to come, Cyient entered into a Memorandum of Understanding (MoU) with Vaasa-based Novia University of Applied Sciences. The two parties have agreed to partner on research and innovation, education, skill development programs,
and recruitment.

Cyient, in association with TSIIC, initiates an afforestation program In Warangal to reduce carbon footprint.

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Cyient, in association with TSIIC, initiates an afforestation program In Warangal to reduce carbon footprint.

Cyient, a leading consulting-led, industry-centric global technology solutions company today launched a tree plantation drive at Telangana State Industrial Infrastructure Corporation (TSIIC) campus in Warangal. Mr. Santhosh Kumar Rama, Zonal Manager – TSIIC, Tirath Sapara, Admin Head, Cyient Ltd and Mr Krishna Mohan Deevi, Senior Director, CSR Programmes, Cyient Ltd along with other teams had participated in this plantation drive.

This afforestation program is part of Cyient’s Environmental, Social and Governance initiative. Through this program, 3500 plants are being planted in 5 acres of land allotted by TSIIC Warangal. Upon completion of tree plantation, the tree saplings will be maintained by Cyient for a period of 1 year, and after that, they will be handed over to TSIIC Warangal. Further, the zonal manager agreed to give additional 5 acres for further plantation drives.

Cyient Launches Research Report in Partnership with Everest on “Decade Defining” Megatrends and Technology Led Disruption

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Cyient Launches Research Report in Partnership with Everest on “Decade Defining” Megatrends and Technology Led Disruption

Cyient, a leading consulting-led, industry-centric  technology solutions company today, launched a research report in partnership with the Everest Group titled “Mirror into the Megatrends: Technology-Driven Disruptions that will Define the Decade.”The megatrends are global, technology-driven disruptions that will shape investments, opportunities, and lifestyles over the next decade.

With E R&D spending estimated to exceed US$ 1.7 Trillion by 2025, organizations worldwide are already leveraging their assets to prepare for the future. This research report highlights the Megatrends that will see definitive technology disruption by 2030 – Human Well Being, Smart Operations, Intelligent Transport, Sustainability, and Meta Mobility and Space, along with their impact on business across multiple industries. The report dives deep into these megatrends with over 25 case studies, participation from over 50 organizations across ten verticals, and shares viewpoints from industry leaders across these segments.

Stating on the report launch, Rajaneesh Kini, CTO, Cyient, said, “This report is an essential guide on the megatrends that will drive futuristic transformation in our customer’s businesses and how technology will evolve to meet the demands of the human race and businesses. It will shape how business decision-makers and leaders plan a technology roadmap to make their businesses battle-ready for the future and responsible on all sustainability fronts. It has become imperative for organizations across industries to be agile to technological disruptions and radical changes, and business leaders must look at new strategies and innovations to stay ahead of the curve.”

Akshat Vaid, Vice President, Engineering Services, Everest Group, said, “Multiple factors, including the need for shaping businesses digitally, rapid softwarization of products and processes, and the availability and maturity of enabling technologies, are driving global ER&D toward a period of rapid transformation. Additionally, macro drivers such as the COVID 19 pandemic and a global push toward a more sustainable way of life, among others, have provided further impetus. Given the magnitude of this change, enterprises need to acknowledge the megatrends and technology disruptions that will define the next decade of engineering. They also need to accordingly invest in organizational change, processes, infrastructure, talent, technology and ecosystem engagement in order to emerge on the right side of this evolution.”

Cyient Launches Research Report in Partnership with Everest on “Decade Defining” Megatrends and Technology Led Disruption

Link to the report: https://www.cyient.com/megatrendsreport-technology-driven-disruptions