May 18, 2022

Xebotec

Transportation industry development

Cyient is About to Acquire Grit Consulting, to Strengthen its Global Technology Consulting Practice

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Cyient, a primary world-wide Engineering Options business, currently announced that it is established to purchase the Singapore-dependent company Grit Consulting, which has deep-rooted abilities in consulting for asset-intense industries like steel mining and electricity. This acquisition will permit Cyient consumers throughout sectors to draw price from the Grit’s deep know-how and Cyient’s technology solutions capabilities.

The international consulting services marketplace is growing exponentially, and the acquisition of Grit Consulting will empower Cyient to accelerate its consulting capabilities and produce modern technologies solutions to its consumers. Grit is perfectly established in the mining and electrical power house and will permit for the quick growth and deepening of Cyient’s footprint in these industries by leveraging customer, geographic, and expertise synergies. To complement this, Cyient proceeds to commit in developing innovation hubs and CoEs to reinforce its digital transformation capabilities and present innovative answers to its clients.

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Commenting on the acquisition, Cyient’s MD and CEO, Krishna Bodanapu, explained, “We are expanding our Cyient Consulting practice with this investment. It aligns with our consulting-led progress strategy, and we see terrific synergies across expertise, footprint, and shoppers. With Grit Consulting’s knowledge in company transformation and our technologies options abilities, we can provide strategic results for our customers”.

“We are particularly honored to be acquired by Cyient and see huge synergies in supporting our buyers provided Cyient’s international reach and technological know-how capabilities,” explained Jeremy Brown, Founding Companion, Grit Consulting. “We feel that this coming-jointly of Cyient’s engineering answers and our ground breaking socio-technical style and design consulting strategies will even further strengthen our abilities to permit sustainable functionality improvements and cultural enhancement throughout the group.”

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