Cyient stock hits new all-time high after launching Mobius, a software-as-a-service (SaaS)-based solution

Mobius-hosted on Microsoft Azure-consolidates the outage planning and approval process within a central location to provide improved information flow for optimizing schedule plans.

June 16, 2021 2:46 IST | India Infoline News Service
Cyient has launched Mobius, a software-as-a-service (SaaS)-based solution and decision support platform. Mobius—hosted on Microsoft Azure—consolidates the outage planning and approval process within a central location to provide improved information flow for optimizing schedule plans.

Kimberley Reed, the Product Owner at Cyient, said, “We’re excited about the launch of Mobius. Planned network outages are a routine requirement for most utilities. With the growing need for decarbonization initiatives and an increasing number of distributed energy resource (DER) customers connecting to existing networks, utilities are faced with the challenge of improved communication and transparency of planned outages with DER customers.”

Mobius provides customers with:
  • A robust and secure outage planning, scheduling, and visualization system built on a strong communication platform for addressing ongoing and future outages and curtailments
  • Transparency in communicating planned outages to all connections that may be impacted
  • Reduced outages on their network and easy risk/opportunity tracking, helping reduce outage costs that can affect operational budgets
“The Microsoft Azure cloud platform was the development back end for Mobius. Integration with Azure DevOps completely removed any manual deployment tasks and provided a repeatable deployment process that enabled Cyient to focus on testing, with the certainty that any issues after deployment would be the result of code changes rather than missed dependencies during deployment,” Reed explained. “Azure DevOps provided a centralized tool to enable us to manage our product backlog, define sprints, and store our code in the Git-backed code repository. This greatly simplified the product release process and subsequent rollout to customers and end-users.”

In developing Mobius, Cyient extensively employed the following Microsoft offerings:
  • Azure DevOps was used to manage the solution backlog and roadmap, enabling
  • continuous enhancement and functionality for Mobius with minimal disruption during customer rollouts.
  • Azure provides a scalable environment to offer Mobius as a SaaS solution by boosting connectivity among corporate users and accounts, as well as between external DER customers and network planners.
  • Azure Portal is employed to manage application elements.
  • Azure Blob Storage is used to store outages and site attachments so they can be created and viewed by all users in a centralized location.
  • Azure Application Insights and Dashboards enables the Cyient product support team via the continuous monitoring of the application and microservices.
  • Azure SQL Database provides the ability to manage and easily scale the database as required.

At around 2.43 PM, Cyient was trading at Rs852.95  per piece up by 2.81% on Sensex. The stock has hit a new 52-week high of Rs859.50 per piece earlier today. 

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