Cyient launches Global Management Consulting Practice

Cyient, a global engineering, manufacturing, and digital technology solutions company, today announced the launch of its management consulting practice under the umbrella of Cyient Consulting. This marks Cyient's first foray into this space. The global management consulting services market is expected to cross $1.2 Trillion by 2025.

Commenting on the launch, Krishna Bodanapu, Managing Director and CEO, Cyient, said, "Our move towards consulting as an offering is an important step towards executing our S3 strategy roadmap. We have been engaged with clients across industries in solving their engineering problems. The Cyient Consulting practice will allow us to leverage our engineering domain expertise to solve business critical problems for our clients. I am confident that we can add immense value with the consulting practice that will engage clients transcending functions and businesses."

Nicola Kleynhans, Global Head of Cyient Consulting, says, "We are excited to help our customers create sustainable value for their stakeholders. We will leverage industry best practices and our proven methodology to deliver business transformation across areas of organization effectiveness, board and governance, asset optimization, and digital transformation."

Cyient's consulting practice will offer the following services:

• Organization Effectiveness - Support transformation for optimal effectiveness to deliver strategy and results for all stakeholders
• Board and Governance - Engage, develop, and adopt value-oriented governance models and frameworks to optimize their processes for an organization
• Asset Optimization - Accelerate operational and asset productivity and performance by improving strategies, capabilities, processes, and systems
• Digital Transformation - Design and implement digital solutions to optimize technology applications

Shares of Cyient Limited was last trading in BSE at Rs. 1087.00 as compared to the previous close of Rs. 1081.00. The total number of shares traded during the day was 17470 in over 1632 trades.

The stock hit an intraday high of Rs. 1119.40 and intraday low of 1060.60. The net turnover during the day was Rs. 19179304.00.

Source : Equity Bulls

Keywords

Cyient INE136B01020 ITConsulting Software ManagementConsulting CyientConsulting