Cyient strengthens position in industry 4.0

Hyderabad: A city-based global engineering and technology solutions company, Cyient on Thursday said it has strengthened its position in the market after being recognised as a major contender in Everest Group's 'Industry 4.0 Services Peak Matrix Assessment 2022'.

The Peak Matrix is a proprietary framework which assesses service provider's relative market success and overall capability based on performance, experiences, ability, and knowledge. Cyient said it leverages a mix of digital technology capabilities, solutions, and platforms to address its customer's key business challenges.

"We think of digital as a mechanism that helps our customers evolve, accomplish higher velocity, increase agility and innovation. Being recognised by Everest as a Major Contender in 4.0 services is a testament to our approach." Chief Digital Officer of Cyient, Prabhakar Shetty said. Coupled with business and technology consulting framework, IntelliCyient suite of Industry 4.0, supports organisations in adopting new-gen technologies across the value chain of engineering.

Nishant Udupa, Practice Director, Everest Group said, "Cyient has expertise in PLM, digital manufacturing, operations and aftermarket services. It has reinforced its position in the Industry 4.0 space through investments in creating IP solutions, technology studio with lab environments to strengthen capabilities in IoT, cloud, automation, and analytics."

He further added that acquisition of Workforce Delta further enhanced IntelliCyients portfolio with front-end consulting capabilities for digital mobile workforce management solutions, primarily in the utilities and telecom sector. "Clients have appreciated Cyient for its manufacturing domain knowledge, 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."