Cigniti Technologies, a global leader in independent quality engineering and software testing services, expands its portfolio of pioneering innovative digital assurance and experience solutions for next generation 5G technologies by forming a strategic partnership with Innovate5G.
As companies move to 5G, they are going to be challenged in optimizing for the plethora of possibilities that 5G has to offer and with that, customer expectations and demand for new services will increase at a rapid pace. So, whether it be enhanced video, telehealth, adaptive manufacturing, AR/VR, gaming, consumer IoT services, connected vehicles, to name just a few, the pivot to the 5G paradigm will be significant as will the manner in which these new solutions are rolled out.
Embracing this new horizon of transformation and realization of 5G networks - machine type communication (mMTC), enhanced mobile broadband (eMBB), ultra-reliable low-latency communication (URLLC) - creates the mandate for a new paradigm of digital assurance. Innovate5G's in5Genius platform combined with Cigniti's 5G Assurance capabilities, creates an end-to-end assurance model for organizations that are leveraging 5G as the backbone for their business and consumer applications, IoT, and edge computing.
Srikanth Chakkilam (CEO - Cigniti Technologies): "The promised benefits of 5G - high-speed networks, increased capacity and minimal latency - creates a new dimension for companies to exploit across business and consumer applications, as well as with IoT. But what comes will be new architectures supporting the intrinsic relationship between the applications/IoT devices and the network. Our partnership with Innovate5G, further enables Cigniti's Digital Assurance services to best support our clients' 5G initiatives with speed, reliability and predictability."
Chris Stark (Founder/ CEO innovate 5G): "Our In5GGenius cloud platform allow enterprises to leverage the vast capabilities of the 5G bandwidth. Through this partnership with Cigniti we are now able to offer best in class enterprise grade quality engineering services to expedite the development and mainstream roll-out of the 5G centric digital experience."
Shares of Cigniti Technologies Limited was last trading in BSE at Rs. 588.40 as compared to the previous close of Rs. 583.15. The total number of shares traded during the day was 2957 in over 579 trades.
The stock hit an intraday high of Rs. 605.15 and intraday low of 585.75. The net turnover during the day was Rs. 1758949.00.