Cyient enters into strategic partnership with iBASEt to drive business growth

9 Mar 2022 , 11:21 AM

In its filing with the exchanges dated March 9, 2022, Cyient Limited, a leading global technology solutions company, announced its new strategic partnership with iBASEt, which simplifies how complex products are built and maintained. This partnership embarks the relationship of two best-of-breed partners capable of designing and implementing world-class solutions, customized to overcome the unique challenges faced by discrete manufacturers today.

Manufacturers developing highly engineered, complex products with frequent engineering and design modifications are challenged to find the right subject matter experts and purpose-built software products that can help to ease the transition to digital operations management solutions. This sort of production requires frequent design changes that must be managed while maintaining quality standards while adhering to stringent compliance regulations.

“Cyient is thrilled to be associated with iBASEt to provide their industry-leading, high-performance manufacturing software solutions to our valuable customers,” said Pierre Carpentier, AVP, Global Head Digital Technologies and Partnerships at Cyient.

He further added, “We see this as an opportunity to bring in significant business growth while aiding manufacturers operating in complex discrete industries to overcome today’s most pressing challenges.”

Cyient is currently trading at Rs916 up by Rs1.6 or 0.17% from its previous closing of Rs914.40 on the BSE. The scrip opened at Rs918 and has touched an intraday high and low of Rs924 and Rs904.35 respectively.