Founded in 1991 and publicly listed on NSE as CYIENT, Cyient has emerged as a global leader, specializing in intelligent engineering and technology solutions. Partnering with over 300 clients, encompassing 40% of the world’s top 100 global innovators, Cyient is dedicated to crafting a culturally inclusive, socially responsible, and environmentally sustainable Tomorrow Together with its stakeholders.
With a mission to create a digital, autonomous, and sustainable future, Cyient serves a diverse base of customers. Cyient’s unique approach blends global delivery with local relationships, investing in the power of ideas and embracing digital innovation to drive impactful outcomes for its clients worldwide. Read on further to learn more about this sustainable tech company.
About Cyient
At Cyient, the ethos revolves around a commitment to innovation, market disruption, and forward-thinking leadership. For over 25 years, Cyient has harnessed the power of digital to bring together a diverse blend of people, expertise, and cutting-edge technologies. Their focus lies in not only helping clients and industry stakeholders but also contributing to the global community’s growth.
The company distinguishes itself by applying technology imaginatively to address impactful problems while fostering an environment that nurtures out-of-the-box thinking. Cyient has cultivated an ecosystem over decades, resonating with the diverse cultures of its customers, promoting innovation, and upholding excellence in execution.
With a profound belief in human ingenuity, Cyient’s unwavering dedication to excellence has resulted in the generation of over 50 patents and delivered millions of hours in productivity savings for their esteemed customers.
History
Established in 1991 as Infotech Enterprises Ltd. in Hyderabad by B. V. R. Mohan Reddy, Cyient embarked on its journey as a private engineering service provider. Overcoming initial resistance to engineering outsourcing, it found its niche in Geographic Information Systems (GIS) services. Cyient went public in 1997, listing on major Indian stock exchanges, and marked its IPO in 2000. The company’s breakthrough came in 1999 with a lucrative GIS contract from Analytical Surveys, Inc., followed by strategic acquisitions.
In 2014, rebranding as Cyient, the company expanded globally with acquisitions like Softential, Inc., Invati Insights, and Pratt & Whitney Global Services Engineering Asia. Over the years, Cyient continued to grow, venturing into new markets and sectors. In 2022, the company announced acquisitions of Citec and Celfinet. By 2023, Cyient Limited reported a substantial rise in net profit to 1.63 billion Indian rupees in the fiscal fourth quarter, reflecting its ongoing success and resilience in the competitive landscape.
Funding and Revenue
Cyient has secured funding through four rounds, with its latest Post IPO round in May 2013 raising $15 million, led by investor ChrysCapital. The company has attracted notable institutional investors like The Carlyle Group, Kubera Cross-Border Fund, and General Atlantic. Over the years, Cyient has strategically invested in various ventures, including acquisitions of companies like Rangsons Electronics and CERTON. As of the latest available information, Cyient reported a significant rise in net profit to 1.63 billion Indian rupees in the fiscal fourth quarter of 2023, indicating its financial stability and continued success in the competitive market.
What Cyient Does
Organization Effectiveness:
- Cyient specializes in supporting organizations to achieve optimal effectiveness and transformation.
- They focus on aligning organizations with their strategy to deliver maximum value for shareholders.
- Expertise includes organization design, operating model development, shared service design, and change management strategy.
- They offer leadership and team alignment programs, accountability framework design, and organizational benchmarking.
Board and Governance:
- Cyient collaborates with boards and executive teams to develop value-oriented governance models.
- They bring practical and proven approaches based on their deep experience in the boardroom.
- Services include designing governance frameworks, board and committee performance assessments, and board succession processes.
Asset Optimization:
- Cyient accelerates operational and asset productivity through strategies, capabilities, and system improvements.
- They focus on evidence-based methodologies to enhance operating systems and deliver fit-for-purpose solutions.
- Services cover investment and value management, process optimization, and operational readiness.
Digital Transformation:
- Cyient is adept at transforming organizations for optimized technology applications.
- They leverage practical expertise and global partnerships with technology leaders to ensure lasting technological transformations.
- Services encompass enterprise system and data diagnostic, automation studies, technology strategy implementation, and cloud computing solutions.
Engineering Services:
- In addition to their consultancy services, Cyient operates through eight strategic business units, serving industries such as Aerospace & Defense, Transportation, and Industrial.
- Their Design-led Manufacturing unit provides seamless design integration and production facilities, offering end-to-end solutions in engineering services.
Founders
BVR Mohan Reddy – Founder:
BVR Mohan Reddy is the visionary founder of Cyient, laying the foundation for its success.
Karthikeyan (Karthik) Natarajan – CEO:
Karthik Natarajan serves as Cyient’s Executive Director and Chief Executive Officer, spearheading global operations.
PNSV Narasimham (Nam) – President & Head of Corporate Functions:
Nam oversees leadership development, recruitment, and engagement for senior leaders across Cyient’s group of companies.
Ramya Mohan – VP & Head of Group Strategy:
Ramya Mohan holds the position of Vice President and Head of Group Strategy, driving the overall corporate strategy, business expansions, and new opportunities.
Prabhakar Atla – President and CFO:
Prabhakar Atla is the President and Chief Financial Officer at Cyient, bringing over two decades of experience and playing a key role in steering business units’ strategy, operations, and sales.
Final Thoughts
In the rapidly evolving realm of technology, Cyient plays a pivotal role as a catalyst for positive change in various industries. By leveraging the potential of digital technology and advanced analytics, Cyient empowers businesses to enhance their operations. From optimizing elevator efficiency to spearheading the digitization of network infrastructure for a major European broadband cable service provider, Cyient assumes responsibility for finding solutions across the entire process.
Cyient doesn’t just bring technological advancements; it simplifies the path for businesses to concentrate on their core tasks, fostering innovation and ensuring they remain at the forefront of their industries. As a pioneer in engineering and technology solutions, Cyient not only adapts to emerging technologies but leads the way, shaping a future where innovation and efficiency converge to create a world that is smarter, more connected, and well-prepared for the challenges of tomorrow.
