Cyient, a leading global technology solutions company, announced a new strategic partnership with iBASEt. This company simplifies how complex products are built and maintained. The partnership brings together two best-of-breed partners capable of designing and implementing world-class solutions, purpose-built to overcome the unique challenges discrete manufacturers face today.
Manufacturers producing highly engineered, complex products with frequent engineering and design changes are challenged to find the right subject matter experts and purpose-built software products that can help to ease the transition to digital operations management solutions. This type of production process is subject to frequent design changes that must be managed while maintaining quality standards and adhering to strict compliance regulations.
iBASEt's industry-leading manufacturing software solutions complement Cyient's significant experience implementing manufacturing execution (MES) and maintenance, repair, and overhaul (MRO) solutions for manufacturers operating in complex discrete industries. As a new strategic partnership, Cyient and iBASEt can mutually assist these organizations in overcoming the typical challenge of streamlining the implementation of these types of solutions.
"We are excited to work closely with iBASEt to implement their industry-leading, highperformance manufacturing software solutions to our customers," said Pierre Carpentier, AVP, Global Head Digital Technologies and Partnerships at Cyient. "We see this as an opportunity to drive significant business growth while helping manufacturers operating in complex discrete industries to overcome today's most pressing challenges."
"We see Cyient as an important strategic partner that can help us to drive continued innovation in how software solutions can be implemented faster while serving the needs of the complex discrete manufacturing industry," said Tom Hennessey, Chief Marketing Officer at iBASEt. "Our combined experience spans both Manufacturing Execution Systems and Maintenance, Repair and Overhaul operations, so can provide even greater value for customers."
Shares of Cyient Limited was last trading in BSE at Rs. 914.40 as compared to the previous close of Rs. 919.90. The total number of shares traded during the day was 28123 in over 2663 trades.
The stock hit an intraday high of Rs. 941.35 and intraday low of 889.55. The net turnover during the day was Rs. 25515280.00.