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Nalgonda, 2^nd September 2022:  Cigniti Technologies, the world’s leading AI and IP-led Digital Assurance and Digital Engineering services company, launched a NICU/SNCU facility at the Mother and Child Health Center, Nalgonda district, Hyderabad today. The facility was launched as part of the company’s CSR efforts undertaken in the field of "Health" to create a long-term impact by equipping government hospitals with better health infrastructure. The facility was inaugurated by Mr. C V Subramanyam, Chairman and Managing Director at Cigniti Technologies, along with Mr. Sairam Vedam, CMO at Cigniti Technologies, Ms. Urmila Markili, Senior Vice President at Cigniti Technologies and Mr. Midhun Pingili, Senior Director Marketing at Cigniti Technologies. Mr. Kancharla Bhupal Reddy, MLA, Nalgonda, Govt. of Telangana and Mr. Mayur Patnala, Founder and CEO, Nirmaan Organization, graced the occasion at the hospital.

Cigniti joined hands with Nirmaan Organization to address the acute shortage of NICU/SNCU beds and donated medical equipment like Radiant Warmers, Phototherapy machines, Pulse oximeters, Syringe and Infusion pumps, Multipara monitors, HFNC machines, and air conditioners for the ward, which are essential to serve critically ill or premature newborn infants who are at the age of less than 28 days. The supported facility serves a population of 14 lakh people in the district headquarters and rural villages surrounding the district. With this upgrade, the facility would be able to serve about 1,000 infants per year.

"We are passionately focusing on making healthcare accessible and available for all. A lack of infrastructure in rural and remote areas is a major contributor to a high rural infant mortality rate. By equipping the facility with life-critical medical equipment, we’re trying to offer our contribution in improving care quality available to the residents of Nalgonda”, stated C.V. Subramanyam, Chairman and Managing Director of Cigniti Technologies, on the occasion.

Post Covid-19, the ward will be useful in treating infants who require specialized care and highly valued medicines that are very expensive in private set-ups," (Quote from Hospital management)

About Cigniti:
Cigniti Technologies Limited is the World’s Leading AI & IP-led Digital Assurance and Digital Engineering Services Company. 4000+ Cignitians worldwide help Fortune 500 & Global 2000 enterprises across 24 countries accelerate their digital transformation journey across various stages of digital adoption and help them achieve market leadership by providing transformation services leveraging IP & Platform-led innovation with expertise across multiple verticals and domains. Our industry-leading digital assurance and AI-led digital engineering services are helping global customers with measurable outcomes, millions of dollars of savings, and significant ROI. We are headquartered in Hyderabad, India, with global offices spread across the USA, Canada, UK, UAE, Australia, South Africa, Czech Republic, and Singapore.

To learn more, visit www.cigniti.com

About Nirmaan:
Nirmaan Organization is a registered NGO, started by students of BITS Pilani in 2005. We work in the areas of Education, Skill Development & Entrepreneurship and Social Leadership. In the past 16 years of journey, we have impacted the lives of 1.5+ million beneficiaries with the support of 300+ full time employees and 1000+ strong volunteer network across 15 States of India. During COVID waves 1 and 2, we supported 110+ government hospitals across 4 states to upgrade their healthcare infrastructure and supported various communities to overcome the COVID challenges through livelihood, rations, and other support.

Contact:
midhun.pingili@cigniti.com (+91 8886093093)

Hyderabad, 1^st September 2022: Cigniti Technologies, the world’s leading AI & IP-led Digital Assurance and Engineering services company was awarded the Prestigious Brands of India 2022 in the IT services category on August 30^th at Goal Fest Conclave 2022 in Mumbai. The conclave is a listing of highly driven and focused Business brands that have redefined the benchmarks in their respective fields through their persistent diligence and perseverance hosted the event.

"Being recognized as one of the prestigious brands of India reflects the positive impact and experiences that brand Cigniti has created towards all stakeholders such as global clients, analysts, employees, shareholders, and society at large. Cigniti’s renewed vision is Together, we build a better future through technology-led transformation and this award encourages our efforts in this direction", says Srikanth Chakkilam – CEO, Cigniti Technologies.

On receiving the award on behalf of Cigniti, Sairam Vedam - Chief Marketing Officer, said “being recognized as a prestigious brand of India will be a great value addition to our new brand identity which is a thoughtful expression of constant commitment to innovation, excellence, growth and the transformational journey of our brand over the years”

Other prestigious brands that have been recognized include LG, Canon printers, Nescafe, Audi India, Kellogg’s, De Beers Forevermark, Hero Homes, Kelvin plastics, Euro Safety Group of Companies, Vitesco Technologies India Pvt Ltd, Task Us, Dr.Reddy’s Celevida, Neutrogena, Canesten, AAF India Pvt. Ltd., Edelweiss Mutual Fund, AlfaVision Overseas, and Castrol.

About Cigniti:
Cigniti Technologies Limited (NSE: CIGNITITEC; BSE: 534758) is the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company. 4100+ Cignitians worldwide help Fortune 500 and Global 2000 enterprises across 24 countries accelerate their digital transformation journey through various stages of digital adoption and help them achieve market leadership by providing transformation services leveraging IP and platform-led innovation with expertise across multiple verticals and domains. Our industry-leading digital assurance and AI-led digital engineering services are helping global customers with measurable outcomes, millions of dollars of savings, and significant ROI. We are headquartered in Hyderabad, India, with global offices spread across the USA, Canada, the UK, the UAE, Australia, South Africa, the Czech Republic, and Singapore.

To learn more, visit www.cigniti.com.

Contact:
midhun.pingili@cigniti.com (+91 8886093093)

Hyderabad, India, 23^rd May 2022 - Cigniti Technologies, world’s leading digital assurance and digital engineering services company, has been Great Place to Work-Certified™ in India (from May 2022 to May 2023)!  Cigniti’s unique culture based on collaboration, employee-friendly policies, meticulously crafted training programs, customer centricity, and the passion for excellence helped achieve this recognition.

Great Place to Work^® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions. The Institute serves businesses, non-profits and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.

Speaking on this certification, Srikanth Chakkilam, CEO at Cigniti Technologies, said “We are thrilled and humbled to bestowed with this certification from Great Place to Work^®. As Cigniti continues to be a preferred employer of choice for new age digital talent, this recognition establishes our credentials firmly.  We also believe this increases our responsibility as an employer to provide a 360-degree experience to our human capital to grow and cherish working with us. We will continue to focus on benchmarking ourselves with the best and strive to relentlessly excel to be the iconic workplace of the future, which recognizes, rewards and nurtures talent. We stay committed to creating a culture which is inclusive, allows creation of opportunities to achieve greater professional expertise, technical proficiency and all-around growth.”

In India, the institute partners with more than 1100 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures™ designed to deliver sustained business results. Hundreds of CEOs and CXOs from India Inc. are part of the great place community that is committed to the vision of making India a great place to work FOR ALL^TM.

The Institute’s research shows that great workplaces are characterized by great leadership, consistent employee experience, and sustainable financial performance. These organizations are able to deliver a consistent experience to all their employees irrespective of their role, gender, tenure or level in the organization. Their leaders believe in the vision of creating and sustaining a Great Place to Work FOR ALL and role model being ‘FOR ALL’ Leaders.

Learn more at https://www.greatplacetowork.in/ and on LinkedIn, Twitter, Facebook and Instagram.

About Cigniti
Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), a global leader in providing AI-driven, IP-led, strategic digital assurance, software quality engineering, testing, digital engineering and consulting services, is headquartered in Hyderabad, India, with offices in the USA, U.K., UAE,Canada, Australia, Czech Republic, South Africa and Singapore. Leading global enterprises including Fortune 500 & Global 2000, trust us to accelerate their digital transformation, continuously expand their digital horizons and assure their digital next. We bring the power of AI into Agile and DevOps and offer digital services encompassing intelligent automation, big data analytics, cloud migration assurance, 5G assurance, customer experience assurance, and much more. Our IP, next-gen quality engineering platform, BlueSwan helps assure digital next by predicting and preventing unexpected application failures, thereby assisting our clients in accelerating their adoption of digital.

Contact:
midhun.pingili@cigniti.com (+91 8886093093)

Acquisition strengthens Cigniti’s digital ambitions and helps offer digital engineering services to its customers across the globe

4^th May, Hyderabad, India: Cigniti Technologies, world’s leading digital assurance and quality engineering services company, is set to acquire Aparaa Digital, a leading AI/ML, Data engineering, Analytics, and Blockchain services company that operates under the brand name RoundSqr. This is a firm step towards bolstering Cigniti’s strategic pursuit of becoming a specialized digital engineering and assurance services provider.

Founded by a group of industry leaders with extensive experience in managing medium to large digital transformation projects, Aparaa Digital (RoundSqr) is headquartered out of Hyderabad, India. Aparaa brings integrated enterprise digital transformation and consulting-driven expertise covering a gamut of AI and ML, data engineering, and Blockchain capabilities. RoundSqr’s Zastra, (an active learning-AI based data annotation and MLOps platform), helps solve critical model validation challenges as ML models get to production in enterprises. This helps move past the last mile AI operational challenges with MLOps.

Speaking about this acquisition, Srikanth Chakkilam, CEO at Cigniti Technologies, said “Onboarding Aparaa Digital (RoundSqr) is in line with our strategy to expand our digital engineering capacity to provide a greater breadth and depth of services to our clients. This is a strategic and complimentary capability led acquisition for us. The digital engineering market, valued at about $300 Billion annually, offers an explosive head room of growth for companies that have strong capabilities in Data & Analytics, AI & ML, and cloud engineering. Global 2000, platform, and digital native companies are looking to partner with service providers who can help them with these capabilities. This has become an essential requirement to accelerate digital transformation across industries.”

“I am glad to announce that the Board has approved the acquisition of Aparaa Digital Private Limited (RoundSqr) and its foreign subsidiaries namely RoundSqr Inc; USA, RoundSqr Pty Ltd; Australia for an all cash deal of $4.8mn,” said Cigniti’s CFO Mr. Krishnan Venkatachary. “This acquisition will lead to deeper and potentially multi-year engagements across our enterprise client base in the areas of digital engineering and assurance and will help us influence business and digital outcomes in our Fortune 500 and Global 2000 existing accounts,” he further said.

“At Cigniti we are willing to bet on IP-led services models, investing in innovative platforms that have a ripple effect to accelerate modern day digital assurance and digital engineering services for our esteemed customers. This acquisition helps us fill in all our criteria, and we are confident this will be a successful strategy for the future.” added Srikanth.

Kiran Kuchimanchi, CEO of Aparaa Digital (RoundSqr), said “We are extremely thrilled to join forces with Cigniti, a global leader in the digital assurance space. Our endeavor to help transform the business models of global organizations through byte-sized digital reimagination has received a strategic thrust through this acquisition.”

Kiran further added “We will help with the digital transformation journeys of Cigniti’s impressive customer base, including 80 of the Global 2000 companies. Our ability to reach new companies and help them with digital engineering services will be amplified through Cigniti’s global presence across 23 countries. We will leverage Cigniti’s brand and expertise to attract the best of the talent across the world in the data engineering, AI/ML, Blockchain, and high-end product development space. This strategic move is in line with our like-minded thinking of Cigniti to help customers become Digital-First. This will also enable our digital native teams to enjoy unprecedented career growth. It throws a diverse set of opportunities to maximize our potential as a company, and our vision to bring disruptive innovation.”

About RoundSqr (Aparaa Digital)
RoundSqr drives Digital Transformation through consulting-driven roadmaps, byte-sized digital re-imagination and by solving complex problems leveraging emerging technologies. Areas covered include Omni-channel solutions, Mobility, Big Data, Artificial Intelligence, Machine Learning & Blockchain. The company has clients in USA, LATAM, UK, APAC, Australia, and India.

About Cigniti
Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), a global leader in providing AI-driven, IP-led, strategic digital assurance, software quality engineering, testing, and consulting services, is headquartered in Hyderabad, India, with offices in the USA, U.K., UAE, Australia, Czech Republic, and Singapore. Leading global enterprises including Fortune 500 & Global 2000 trust us to accelerate their digital transformation, continuously expand their digital horizons, and assure their digital next. We bring the power of AI into Agile and DevOps and offer digital services encompassing intelligent automation, big data analytics, cloud migration assurance, 5G assurance, customer experience assurance, and much more. Our IP, next-gen quality engineering platform, BlueSwan helps assure digital next by predicting and preventing unanticipated application failures, thereby assisting our clients in accelerating their adoption of digital.

Contact:
midhun.pingili@cigniti.com (+91 8886093093)
ram.manjeri@roundsqr.com (+91 9705666644)

Consolidated Revenue Rs. 344.08 crores and Net Profit Rs. 22.60 Cr
Standalone Revenue Rs. 124.75 crores and Net Profit Rs. 9.18 Cr

Mumbai, May 4, 2022: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended March 31, 2022.

The company’s reported Net Profit for Q4FY22 stood at Rs 22.60 crore as against Net Profit of Rs 26.55 crore in Q3FY22.

The Company’s Consolidated Revenue from operations for the quarter under consideration stood at Rs 344.08 crore as against Rs 325.46 crore in Q3FY22.

EBIDTA reported for the quarter and year ended March 31, 2022 stood at Rs. 32.61 crore and Rs. 129.28 crores respectively. The Operational EBITDA after adjusting for non-recurring charges stood at Rs. 36.06 crore and 142.47 crores for the quarter and year ended March 31, 2022 respectively.

Other income includes net foreign exchange gain of Rs. 150.55 Cr. for the quarter ended March 31, 2022.

Management Commentary
Commenting on the results Mr. C V Subramanyam, Chairman & MD said, “I am happy to announce that we have continued to deliver another quarter with robust performance in an evolving market scenario. Our focus on the shift to digital assurance has further accelerated and we continue to maintain our growth momentum. Our growth will continue through newer technologies and offering digital transformation service. We are confident that we shall consistently continue to achieve our objectives and grow at an augmented phase in the coming years.

Further, I am glad to announce that Board has approved the acquisition of Aparaa Digital Private Limited (RoundSqr) for an all cash deal of $4.8mn. This acquisition will strengthen us in the digital space and accelerate our journey towards becoming digital assurance Company.”

Highlights for the quarter ended March 31, 2022

• Revenue from top 5 clients contributed approximately 22.08% of the Revenue
• BFSI, Travel & Transport and Retail & e-commerce sectors contributed the most to the revenue for Q4FY22
• Revenue split geographically: North America & Canada – 85%, UK & Europe - 8%, Rest of the World 7%.

About Cigniti Technologies Limited
Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), global leader in providing IP-led, strategic digital assurance, software quality engineering, testing and consulting services, is headquartered in Dallas, USA with offices in USA, India, the U.K., UAE, Australia, Czech Republic and Singapore. Leading global enterprises including Fortune 500 & Global 2000, trust us to accelerate their digital transformation, continuously expand their digital horizons and assure their digital next. We bring the power of AI into Agile and DevOps and offer digital services encompassing intelligent automation, big data analytics, cloud migration assurance, 5G Assurance, Customer experience assurance and much more. Our IP, next-gen quality engineering platform, BlueSwan helps assure digital next by predicting and preventing unanticipated application failures, thereby assisting our clients in accelerating their adoption of digital.

One of the largest deals Cigniti has won, which has a high potential to grow in the coming years.

Hyderabad, India: Cigniti Technologies has signed a $ 10Mn+ worth ACV deal with one of the largest and oldest Financial Services and Investment firm in the USA to assure and accelerate its digital transformation journey. The deal has potential to immensely grow in the coming years. Cigniti Technologies, a global leader in providing AI-driven, IP-led, strategic digital assurance, software quality engineering, automation, testing, and consulting services, helps global companies to go Digital-First.

• This Strategic Partnership will support Legacy Transformation using Cigniti’s Advisory & Transformation Services (ATS) and achieve committed ROI and quicker time-to-market.
• The engagement entrusted by the financial services major covers a gamut of services to be provided spanning Infrastructure Automation, Chaos Engineering, Security, and Performance assurance services leveraging Cigniti’s Digital Assurance and IP led Quality Engineering services with massive automation capabilities.

The client is a Fortune 500 company with operations in 20+ U.S. states as well as offices in three continents.

Speaking on the occasion, Srikanth Chakkilam, CEO, Cigniti Technologies, said “We are excited to be a strategic digital transformation assurance partner with this leading financial services firm. The deal is an outcome of deep-rooted expertise of a domain-led, automation-led, and solution-led approach, encompassing functional, process, business, and digital assurance services for large enterprise customers. This is also a testament of our ability to win large deals. It further improves our BFSI revenues which are already contributing 19.23% of total revenues.”

“Our continuous investments into our domain centers of excellence, particularly with the 300+ experts in the Financial services COE, and in our IP, BlueSwan™ to enhance its capabilities, to create new IP-based solutions, such as AI-led test data management, no-code & low-code automation, test environment management, and security engineering, are increasingly becoming a strong differentiator for winning large-sized deals with companies across the globe,” Srikanth added.

“We promise frictionless end user experiences with our Digital-Assurance services stack. We enable our customers to tread confidently on their digital transformation journeys, help them re-imagine their businesses, achieve market leadership, and win the digital landscape”, he added.

About Cigniti
Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), a global leader in providing AI-driven, IP-led, strategic digital assurance, software quality engineering, testing, and consulting services, is headquartered in Hyderabad, India, with offices in the USA, U.K., UAE, Australia, Czech Republic, and Singapore. Leading global enterprises including Fortune 500 & Global 2000, trust us to accelerate their digital transformation, continuously expand their digital horizons and assure their digital next. We bring the power of AI into Agile and DevOps and offer digital services encompassing intelligent automation, big data analytics, cloud migration assurance, 5G assurance, customer experience assurance, and much more. Our IP, next-gen quality engineering platform, BlueSwan helps assure digital next by predicting and preventing unanticipated application failures, thereby assisting our clients in accelerating their adoption of digital.

Contact:
For more details, please contact Midhun Pingili (Midhun.pingili@cigniti.com), Director - Marketing & PR

NelsonHall positions Cigniti as a Leader in AI & Cognitive Testing, Quality Engineering, Continuous Testing and Application Security Testing in NEAT 2022

High Achiever in Cloud Migration Testing and Major Player in UX testing.

Dallas, TX, 9^th March, 2022 – Cigniti Technologies, a global leader in providing AI-driven, IP-led, digital assurance, software quality engineering, testing and consulting services, today announced that NelsonHall has recognized Cigniti as a market leader in AI & Cognitive, Application Security Testing, Continuous Testing & overall Quality Engineering, as a High Achiever in Cloud Migration, and as a Major Player in UX testing in the Quality Engineering NEAT charts.

Speaking on the occasion, Srikanth Chakkilam, CEO – Cigniti Technologies, said, “This recognition reaffirms Cigniti’s stated goal of helping global companies become digital-first. Businesses are significantly increasing their spends towards Digital reimagination and Platformization journeys, investing in AI & Analytics, Hyper Automation, DevOps, Cloud migration, Customer experience, IOT and Quality Engineering. Digital Assurance, Business Assurance, Process Assurance and Functional Assurance are critical. They ensure that modern, secure, robust, reliable, scalable, and intuitive software becomes a strategic business enabler for digital transformation programs to be successful.”

“We continue to significantly invest in our IP, BlueSwan™ and enhance its capabilities, to create new IP-based solutions, such as AI-led test data management, test environment management, and security engineering. Cigniti’s AI-based script-less test automation platform – iNSta – enables building of production grade test automation suites. The test execution engine integrates with the latest CI/CD tools and cloud infrastructure to support continuous testing, leading to reduced cost of quality, and improved productivity, stability, & reliability”, Srikanth added.

Sairam Vedam, Chief Marketing Officer, Cigniti said, “The recognition will enhance Cigniti’s mindshare as a preferred digital assurance services provider and thought leader across our customers, partners, analysts, media, investors, influencers and employees. This further confirms our belief that ensuring impeccable and frictionless digital experiences leveraging digital assurance services help companies become digital-first.  Customers today are looking to leverage this expertise further. Cigniti’s proprietary platform led approach, its proven ability to deliver transformative digital experiences through a confluence of full-cycle digital assurance and automation services with a strong foundation of more than a decade in consistently serving 200+ organizations across the world is more apt than ever before.”

Dominique Raviart, IT Practice Director, NelsonHall, said “Cigniti has performed well in our 2022 QE evaluation. This reflects the company’s continued investment in its offerings and capabilities across continuous testing/DevOps, cloud application migration, AI-based analytics and automation. NelsonHall expects that Cigniti will continue its specialization around digital, cloud, and security testing.”

Access the NEAT 2022 report here.

About Cigniti

Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), a global leader in providing AI-driven, IP-led, strategic digital assurance, software quality engineering, testing and consulting services, is headquartered in Hyderabad, India, with offices in USA, U.K., UAE, Australia, Czech Republic and Singapore. Leading global enterprises including Fortune 500 & Global 2000, trust us to accelerate their digital transformation, continuously expand their digital horizons and assure their digital next. We bring the power of AI into Agile and DevOps and offer digital services encompassing intelligent automation, big data analytics, cloud migration assurance, 5G assurance, customer experience assurance and much more. Our IP, next-gen quality engineering platform, BlueSwan helps assure digital next by predicting and preventing unanticipated application failures, thereby assisting our clients in accelerating their adoption of digital.

About NelsonHall

NelsonHall is the leading global analyst firm dedicated to helping organizations understand the ‘art of the possible’ in digital operations transformation. With analysts in the U.S., U.K., and Continental Europe, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall’s research is based on rigorous, primary research, and is widely respected for the quality, depth and insight of its analysis.

Contact:

For more details, please contact Midhun Pingili (Midhun.pingili@cigniti.com), Director - Marketing