Cyient launches management consulting practice under Cyient Consulting
Cyient Limited, an Indian engineering and technology solutions company, has launched its management consulting practice under the brand — Cyient Consulting.
Through Cyient Consulting, the Indian firm will develop customized, practical, and performance-based business transformation solutions for enterprises spanning different industries to ensure sustainable growth.
The move marks the entry of Cyient into the management consulting space. According to the company, the global management consulting services market is predicted to reach $1.2 trillion by 2025.
Krishna Bodanapu — Cyient Managing Director and CEO 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.”
Cyient launches management consulting practice under Cyient Consulting. Photo courtesy of Nidhuna Official/Wikimedia Commons.
Cyient Consulting will offer services such as organization effectiveness, board and governance, asset optimization, and digital transformation.
Under the organization effectiveness service, Cyient will facilitate the transformation to ensure maximum efficiency in delivering strategies and results for all stakeholders.
Through its board and governance service, the company will engage, design, and implement values-driven governance frameworks and models to enhance the processes for an organization.
The asset optimization service will involve improving the productivity of assets and operational efficiency by enhancing strategies, capabilities, systems, and processes.
Through the digital transformation service, Cyient will create and implement digital solutions to improve technology applications.
Nicola Kleynhans — Cyient Consulting Global Head said: “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.”
Earlier this month, Cyient reported revenue of INR 1,111.6 crores in the second quarter of the fiscal year 2022. Read more about Cyient Q2 FY22 results here.