Cyient announces ‘Intellicyient’ to help customers accelerate digital industrial transformation
Hyderabad, Apr 14 (Agency) Cyient, a global engineering and digital technology solutions company, on Wednesday announced the launch of its ’INTELLICYIENT ’ suite of Industry 4.0 solutions that will enable digital transformation for industries that draw significant value from their assets such as manufacturing, industrial, aerospace, automotive and off-highway, utilities, and mining and natural resources. INTELLICYIENT was launched by Mr. Anand Parameswaran, SVP and Global Business Head, Cyient Digital, at Hannover (Germany) Messe 2021—the Olympics of Technology, where Mr. Karthik Natarajan, Chief Operating Officer and President, Cyient, delivered the keynote on Resilient Manufacturing, Hyderabad-based Cyient said in a release.
Enterprises implementing Industry 4.0 stand to create an economic value of US$3.7 trillion by 2025. The Industry 4.0 spend is poised to grow at over 20 percent and systems integration, application development, and data services are expected to be the key technology focus areas. The most successful Industry 4.0 solutions will be the ones that bring domain knowledge, depth of technological expertise, and engineering excellence and understanding of business operations. These have been the unique strengths of Cyient, which makes it a partner of choice across its Fortune 500 customers globally. Commenting on the launch, Mr. Anand Parameswaran said, “Cyient has leveraged its investments in the latest digital technology capabilities, and its three decades of experience in engineering and geospatial offerings for asset-intensive industries to design its INTELLICYIENT solution portfolio.
With six digital solutions, powered by the interplay of nine technology studios, and our strong partner ecosystem, INTELLICYIENT will help enterprises globally achieve the full potential of digital transformation with IT-OT convergence. We aim to focus on the four key themes of smart automation, intelligent supply chain, end-to-end visibility of workflows and assets, and next-gen workforce solutions that are driving Industry 4.0 adoption, he added. Akshat Vaid, Vice President, Everest Group, who moderated a panel discussion on Digital Transformation, said, “Digital engineering has become all-pervasive, contributing over 23 percent to global ER&D spending.
Within manufacturing, it manifests as Industry 4.0—the transformation of cyber and physical systems on the back of digital themes for enhanced visibility, control, and autonomy, said Akshat. Industry 4.0 investments have been rising steadily, and the COVID-19 crisis has provided an additional impetus as enterprises look to enhance manufacturing resilience, Akshat added.