Cyient, a leading consulting-led, industry-centric global technology solutions company, announced that it has emerged as a Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022. The PEAK Matrix is a proprietary framework for assessing service providers' relative market success and overall capability based on performance, experiences, ability, and knowledge.
Cyient aims to address its customers' key business challenges by leveraging the right mix of digital technology capabilities, solutions, and platforms to accelerate time-tovalue and maximize adoption and experience.
Commenting on the achievement, Prabhakar Shetty, Chief Digital Officer, Cyient, said, "We think of Digital as not only a technology program but a mechanism that helps our customers evolve, accomplish higher velocity, increase agility & innovation, and foster new culture. Being recognized by Everest as a Major Contender in 4.0 services is a testament to our successful approach to helping customers' Digitize the old and Architect the new'. Our IntelliCyient suite of Industry 4.0 - coupled with a business and technology consulting framework, is helping organizations adopt new-gen technologies across the value chain of engineering - Design, Build & Maintain."
He further stated, "With Cyient's expertise in PLM, Digital Manufacturing & Operations, and Aftermarket services, intertwined with technology layers of Applications engineering and core digital technologies of Cloud, Dev-Ops, Robotics, RPA, UI/UX, and Analytics, we are uniquely positioned to help organizations evolve at every step of their Digital journey."
"Cyient has reinforced its position in the Industry 4.0 space through investments in creating IP/solutions and technology studio with lab environments to strengthen capabilities in IoT, cloud, automation, and analytics," said Nishant Udupa, Practice Director at Everest Group.
He further added, "Acquiring Workforce Delta has further enhanced IntelliCyient's portfolio with strong front-end consulting capabilities for digital mobile workforce management solutions, primarily in the utilities and telecom sector. Clients have appreciated Cyient for its strong manufacturing domain knowledge, change management support and onsite testing capabilities. This has contributed to Cyient emerging as a Major Contender in Everest Group's Industry 4.0 Services PEAK Matrix® Assessment 2022."
Shares of Cyient Limited was last trading in BSE at Rs. 769.15 as compared to the previous close of Rs. 755.90. The total number of shares traded during the day was 1691 in over 246 trades.
The stock hit an intraday high of Rs. 772.70 and intraday low of 761.00. The net turnover during the day was Rs. 1296752.00.