8/16/2021 Cyient - Wikipedia

Cyient
Cyient (formerly Infotech Enterprises Limited) is an Indian multinational
technology company that is focused on engineering, manufacturing, data analytics, and Cyient
networks and operations. Infotech Enterprises Ltd. was established in 1991 in
Hyderabad.[1] Infotech Enterprises was re-branded as Cyient in 2014 and was featured
among the top 30 outsourcing companies in the world in 2018.[2] Infotech
Formerly
Enterprises Limited
Type Public
Contents Traded as BSE: 532175 (http
History s://www.bseindia.co
m/stock-share-pric
Facilities and staff e/x/y/532175/)
Products NSE: CYIENT (http
Recognition s://www.nseindia.co
m/get-quotes/equit
See also
y?symbol=CYIENT)
References
ISIN INE136B01020
External links
Industry Conglomerate
Founded 1991
History Founder B. V. R. Mohan
Reddy
Cyient was established as Infotech Enterprises Ltd. in 1991 in Hyderabad[1] by B. V. R. Headquarters Hyderabad, India
Mohan Reddy. In 1995, the company received its first ISO 9002 certification from BVQi
Area served Worldwide
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 Revenue ₹4,069.4 crore
resistance to the very concept of engineering outsourcing, but found immediate (US$570 million)
opportunity in the GIS arena.[3] Cyient became a public limited company in 1997, had (FY 2018)
an IPO of equity shares at ₹ 20/- per share and listed in all major stock exchanges in Number of 10,000+ (2018)
India. Around 1999, it signed a breakthrough contract to provide GIS conversion and employees
consultation mapping services worth US$5.5 million to US based Analytical Surveys, Website www.cyient.com (ht
Inc. Within the same year, the company acquired Cartographic Sciences from Analytical tp://www.cyient.co
Surveys, Inc. In June 1999, the company acquired Dataview Solutions Limited, a UK m)
based GIS Software Company.[4][5] 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.[6]

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 division of United Technologies Corporation, a Fortune 100 company. Pratt &
Whitney 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 India Pvt Ltd. Tele Atlas parent company
joined as a strategic partner with preferential allotment of shares.[7] 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 (IPO).[8][9]

Infotech Enterprises Limited[10] adopted the Cyient name in 2014.[1] 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.[10][11][12] After changing its
name, Cyient relocated its US headquarters in Connecticut to a new building.[1] Infotech Enterprises acquired Softential, Inc
in 2014,[13] Cyient also acquired Invati Insights in 2014, with the new entity named Cyient Insights.[10][14] In 2015, Cyient
acquired Pratt & Whitney Global Services Engineering Asia[1] and Rangsons Electronics.[10][15] On February 8, 2017, Cyient
Inc. agreed to acquire Certon Software Inc.[16]

Facilities and staff

https://en.wikipedia.org/wiki/Cyient 1/3
8/16/2021 Cyient - Wikipedia

Founded in Hyderabad, India,[1]

by February 2017 Cyient had around 14,000 employees
in 21 countries in Asia, Europe, and North America.[1] Among other facilities, it has
offices in Electronic City in Bangalore, India. Globally, offices are located in countries
such as Australia, Canada, France, Germany, Japan, Malaysia, the Netherlands, New
Zealand, Norway, Singapore, South Korea, Sweden, Switzerland, Taiwan, the United
Arab Emirates, the United Kingdom and the United States.

In January 2017, Cyient opened facilities at the Incubation Centre of the Telangana
State Industrial Infrastructure Corporation in Warangal, also began to build a 70,000
U.S. Ambassador to India Nancy
square feet Technology Development Centre at Madikonda Special Economic Zone in Powell and Deputy Secretary of
Warangal.[17][18] In February 2017, Cyient and ANSYS agreed to "set up a simulation lab Defense Ashton B. Carter are
at Cyient’s Experience Centre in Hyderabad." The Cyient-ANSYS Simulation Lab is to be welcomed to Cyient by Mohan
able in particular to develop proof-of-concepts (POC) for Cyient and its clients.[19] Reddy, chairman and managing
director, and U.S. Consul General
With its United States headquarters in the state of Connecticut,[1] in return for a pledge Katherine Dhanani; Hyderabad, July
to add 85 jobs to the state, in February 2017, Cyient Inc. in East Hartford received a 2012.
$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.[1]

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."[16]

Recognition
The company was named supplier of the Year from The Boeing Company in 2010.[20] In 2011, Cyient founder B V R Mohan
Reddy received the ASME Leadership Award.[21] 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,[22] 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.[2]

See also
List of companies of India
List of Indian IT companies
Software industry in Telangana
Information technology in India
Electronics and semiconductor manufacturing industry in India

References
1. Seay, Gregory (2 February 2017). "With CT's $500K, Cyient to expand, add jobs" (http://www.hartfordbusiness.com/artic
le/20170202/NEWS01/170209960). Hartford Business. Hartford, Connecticut. Retrieved 28 February 2017.
2. The 2014 Global Outsourcing 100 (http://www.iaop.org/Content/19/165/3879), IAOP, 2014, retrieved 27 February 2017
3. Company History (https://web.archive.org/web/20140304025915/http://hdfcsec.com/Market/Information.aspx?CoCode=
13660&RptType=History), hdfcsec.com, archived from the original (http://hdfcsec.com/Market/Information.aspx?CoCode
=13660&RptType=History) on 4 March 2014, retrieved 28 February 2017
4. "Infotech Enterprises Stock Price and Quotes - Infotech Enterprises Company Profile" (https://web.archive.org/web/2011
1220230114/http://economictimes.indiatimes.com/infotech-enterprises-ltd/stocks/companyid-4978.cms). Archived from
the original (http://economictimes.indiatimes.com/infotech-enterprises-ltd/stocks/companyid-4978.cms//) on 20
December 2011. Retrieved 20 January 2012.

https://en.wikipedia.org/wiki/Cyient 2/3
8/16/2021 Cyient - Wikipedia

5. SEI Partner Network | Infotech Enterprises America, Inc (http://www.sei.cmu.edu/partners/infotech-enterprises/index.cf

m//)
6. "Infotech Enterprises Receive Honors From Indo-German Chamber Of Commerce | Top News" (https://web.archive.org/
web/20110705182953/http://www.indian-commodity.com/top-news/infotech-enterprises-receive-honors-from-indo-germa
n-chamber-of-commerce.aspx). Archived from the original (http://www.indian-commodity.com/top-news/infotech-enterpri
ses-receive-honors-from-indo-german-chamber-of-commerce.aspx/) on 5 July 2011. Retrieved 25 January 2012.
7. "Infotech Enterprises inks multi-year pact with Tele Atlas - Stock Watch" (http://www.stockwatch.in/infotech-enterprises-i
nks-multi-year-pact-tele-atlas-2691). www.stockwatch.in.
8. Infotech AR 2011.pmd (http://www.bseindia.com/bseplus/AnnualReport/532175/5321750311.pdf)
9. "Cyient" (https://web.archive.org/web/20120122025627/http://www.moneycontrol.com/india/stockpricequote/computerss
oftware/infotechenterprises/IE07). moneycontrol.com. Archived from the original (http://www.moneycontrol.com/india/sto
ckpricequote/computerssoftware/infotechenterprises/IE07//) on 22 January 2012. Retrieved 19 January 2012.
10. "Infotech Enterprises rebranded as Cyient" (http://businesstoday.intoday.in/story/infotech-enterprises-rebranded-as-cyie
nt/1/205973.html).
11. Infotech Enterprises To Change Name As Cyient - HYDERABAD, India, 27 March 2014 /PRNewswire/ (http://www.prne
wswire.com/news-releases/infotech-enterprises-to-change-name-as-cyient-252624711.html)
12. "Infotech to Become Cyient Ltd" (http://www.thehindubusinessline.com/features/smartbuy/infotech-to-become-cyient-ltd/
article5839628.ece+&cd=2&hl=en&ct=clnk&gl=in). The Hindu Business Line. India. 2014. Retrieved 28 February 2017.
13. Infotech Enterprises Limited (7 March 2014). "Infotech Enterprises to Acquire Softential, Inc.; Strengthens Service
Offerings for Telecom and" (http://www.prnewswire.com/news-releases/infotech-enterprises-to-acquire-softential-inc-stre
ngthens-service-offerings-for-telecom-and-enterprise-customers-249066131.html).
14. "Cyient Ltd buys data sciences start-up Invati Insights" (https://web.archive.org/web/20150419024326/http://articles.eco
nomictimes.indiatimes.com/2014-08-21/news/53072915_1_analytics-sciences-infotech-enterprises). The Economic
Times. 21 August 2014. Archived from the original (http://articles.economictimes.indiatimes.com/2014-08-21/news/5307
2915_1_analytics-sciences-infotech-enterprises) on 19 April 2015. Retrieved 28 February 2017.
15. Press Trust of India (2 January 2015). "Cyient acquires 74% stake in Rangsons Electronics" (http://www.business-stand
ard.com/article/pti-stories/cyient-acquires-74-stake-in-rangsons-electronics-115010200220_1.html).
16. "Cyient enters a definitive agreement to acquire 100% equity in Certon Software Inc" (http://www.indiainfoline.com/articl
e/news-top-story/cyient-cyient-enters-a-definitive-agreement-to-acquire-100-equity-in-certon-software-inc-11702090073
0_1.html). IIFL. New York City. 9 February 2017. Retrieved 27 February 2017.
17. "Cyient starts operations at Warangal facility" (http://www.thehindubusinessline.com/info-tech/cyient-begins-operations-a
t-incubation-centre-in-telangana/article9496175.ece). The Hindu. India. 22 January 2017. Retrieved 28 February 2017.
18. "IT Incubation Centre Inaugurated in Warangal" (http://www.business-standard.com/article/pti-stories/it-incubation-centre
-inaugurated-in-warangal-116021900844_1.html). Business Standard.
19. "Cyient, ANSYS ink MoU" (http://www.thehindu.com/todays-paper/tp-national/tp-telangana/cyient-ansys-ink-mou/article1
7351407.ece). The Hindu. India. 23 February 2017. Retrieved 28 February 2017.
20. Supplier of the year award from Boeing (https://web.archive.org/web/20110522055343/http://www.boeing.com/news/rele
ases/2011/q2/110519a_nr_suppliers.html), Boeing, 2010, archived from the original (http://www.boeing.com/news/releas
es/2011/q2/110519a_nr_suppliers.html) on 22 May 2011
21. ASME Leadership Award (https://web.archive.org/web/20121021022342/http://www.asmeconferences.org/IDETC2011/p
dfs/IDETC2011FinalProgram.pdf) (PDF), ASME Conferences, 2011, archived from the original (http://www.asmeconfere
nces.org/IDETC2011/pdfs/IDETC2011FinalProgram.pdf) (PDF) on 21 October 2012
22. "Boeing Honors 17 Suppliers for Exceptional Performance" (http://boeing.mediaroom.com/index.php?s=43&item=2659).
Boeing. 19 April 2013.

External links
Official website (http://www.cyient.com)

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