Extends the capacity of Cyient Consulting, even further enabling our Consulting-led, Industry-centric, Technologies Answers growth aspiration
Offers access to new customer portfolios
Leverages client, geographic, and expertise synergies to enable expansion and deepen our mining field footprint
HYDERABAD, India, April 28, 2022 /PRNewswire/ — Cyient, a main world-wide Know-how Alternatives organization, today announced that it is established to purchase the Singapore-based mostly organization Grit Consulting, which has deep-rooted knowledge in consulting for asset-intense industries like metal mining and energy. This acquisition will allow Cyient customers across sectors to draw benefit from the Grit’s deep knowledge and Cyient’s engineering options abilities.
The world wide consulting services sector is escalating exponentially, and the acquisition of Grit Consulting will empower Cyient to accelerate its consulting abilities and produce modern know-how options to its prospects. Grit is perfectly set up in the mining and electrical power space and will permit for the swift growth and deepening of Cyient’s footprint in these industries by leveraging purchaser, geographic, and talent synergies. To complement this, Cyient carries on to devote in acquiring innovation hubs and CoEs to improve its digital transformation capabilities and supply revolutionary remedies to its shoppers.
Commenting on the acquisition, Cyient’s MD and CEO, Krishna Bodanapu, reported, “We are expanding our Cyient Consulting follow with this expenditure. It aligns with our consulting-led advancement system, and we see good synergies throughout expertise, footprint, and prospects. With Grit Consulting’s know-how in enterprise transformation and our know-how remedies abilities, we can supply strategic results for our buyers”.
“We are incredibly honored to be obtained by Cyient and see massive synergies in supporting our clients offered Cyient’s intercontinental access and technological know-how capabilities,” claimed Jeremy Brown, Founding Husband or wife, Grit Consulting. “We imagine that this coming-alongside one another of Cyient’s know-how solutions and our innovative socio-specialized structure consulting strategies will further fortify our abilities to help sustainable performance improvements and cultural improvement throughout the business.”
Cyient (Estd: 1991, NSE: CYIENT) is a main consulting-led, business-centric, world-wide Know-how Remedies firm. We empower our customers to use technologies imaginatively throughout their benefit chain to clear up problems that issue. We are dedicated to planning tomorrow with each other with our stakeholders and currently being a culturally inclusive, socially accountable, and environmentally sustainable organization.
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About Grit Consulting
Integrated in 2014 and headquartered in Singapore, Grit Consulting is a worldwide performance enhancement design consultancy that unlocks value by catalyzing the integration of know-how, men and women, methods, and approach, to activate resilient and flourishing future-in good shape corporations a lot quicker.