Cyient

Cyient
Traded as BSE: 532175
NSE: CYIENT
Industry Aerospace & Defence,
Consumer, Energy
Transportation, Communications,
Utilities, Medical, Navigation, Mining, Oil & Gas, Off-Highway.
Founded 1991
Founder B V R Mohan Reddy
Headquarters Hyderabad, India
Area served
 Worldwide
Revenue Increase ₹2,900.01 crore (US$430 million) (FY 2015)[1]
Number of employees
 12,480 (2015)
Website www.cyient.com

Cyient (formerly Infotech Enterprises) is an Indian company focused on engineering, networks and operations. It has 12,000+ employees across 38 global locations as of March 2014. The company features among the top 30 outsourcing companies in the world.[2] On 15 January 2010, Daxcon was acquired by Infotech Enterprises America, Inc; a wholly owned subsidiary of Infotech Enterprises Limited, India.

On 7 May 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 ient referencing Infotech Enterprises, involved various brand specialists, and the new name was tested in 17 languages.[3][4][5]

History

Infotech Enterprises started its operations as a private limited to provide engineering service to global markets. It encountered a strong resistance to the very concept of engineering outsourcing, but found immediate opportunity in the GIS arena.[6] In March 2013, the company became public with its own initial public offering (IPO).[7][8]

In the following year, it signed a breakthrough contract to provide GIS conversion and consultation mapping services worth US $5.5 million to US based Analytical Surveys, Inc. Within the same year, the company acquired Cartographic Sciences from Analytical Surveys, Inc. In June 1999, the company acquired Dataview Solutions Limited, a UK based GIS Software Company.[9][10] 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.[11]

Global Presence

U.S. Ambassador to India Nancy Powell and Deputy Secretary of Defense Ashton B. Carter are welcomed to Cyient by Mohan Reddy, chairman and managing director, and U.S. Consul General Katherine Dhanani; Hyderabad, July 2012.

Cyient has a global presence. It has offices at Australia, Canada, France, Germany, India, Japan, Malaysia, the Netherlands, New Zealand, Norway, Singapore, South Korea, Sweden, Switzerland, Taiwan, the UAE, the UK and the USA.

Group Companies

The group companies are:

Milestones

References

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