Blog

10 Feb

Airlines: Back to the Skies With Superior Digital Customer Experience

Date:

Thursday Mar 17, 2022 |  11 AM EST | 4 PM UK

Speakers:

Amine Boulaghmen - Head of Payment Facilitation Solutions & at International Air Transport Association (IATA)
Tim Whiteman - Sr. Manager, Quality Management Office
at Southwest Airlines
Chris Manuel (Moderator) - VP, Digital at Cigniti

Abstract:

Why should you attend the Webinar?

Pre-COVID, digital was already recognized as a key enabler of an Airline's customer experience. Today, it's time to clear the runway as digital is in the pilot's seat of customer experience. The illumination on digital is brighter than ever as an era of travel where health and safety are spoken in the same sentence as personalized customer journey and ancillary revenue channels. Digital is interwoven in the end-to-end experience and with that comes a new set of challenges.

Join Amine, Tim, and Chris as they delve into the evolving role digital holds in customer experience. Drawing from vast experience, they will discuss real-world challenges and strategies to not just minimize the impact on customers and employees but also to continually enhance overall customer experience. You will hear first-hand from experts who have been in the trenches and are helping their organizations navigate the skies ahead.

Your key takeaways from this webinar:

  • Learn how industry leaders are approaching the new imperatives of digital customer experience
  • Gain actionable insights from real-life success stories (and some not so successful stories)
  • Best practices for assuring a superior digital experience

Who should attend?
IT, QA, business, and marketing leaders from Airlines or other industries who are looking to stay ahead by providing superior digital experiences.

Watch the Session

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07 Feb

Cigniti Technologies Appoints Software Industry Leaders Vinay Rawat as CRO; Sairam Vedam as CMO

Company strengthens the leadership team to accelerate the next phase of growth.

Hyderabad, India: Cigniti Technologies, a global leader in providing AI driven, IP-led, digital assurance, software quality engineering, testing and consulting services company, announced the appointment of veteran IT and product engineering industry business leader, Vinay Rawat as Chief Revenue Officer and Sairam Vedam, an award-winning expert in global marketing, branding, corporate strategy and digital industry thought leader, as its Chief Marketing Officer.

Vinay has had an illustrious career as the CRO and Head of M&A at Infogain. At Wipro, as the SVP & Global Head - Network Equipment & Consumer Electronics BU, he was responsible for all aspects of the business of multi hundred-million-dollars.

Sairam is an accomplished marketing and strategy leader with proven expertise in creating brands of global repute in the enterprise software products and services space. Prior to Cigniti, he was the CMO for Innominds, and Kore.AI, driving them to market leadership in the digital product engineering and Enterprise Conversational AI platform space. Sairam has also worked with Pramati, Apere, CTO’s office at CA Technologies and HCL Technologies across roles spanning engineering, delivery, marketing, and HR. He was awarded by BBC Knowledge Series as one of the Greatest Marketing Influencers in 2017.

Speaking on the occasion, Srikanth Chakkilam, CEO – Cigniti Technologies, said, “I am excited to welcome Vinay Rawat and Sairam Vedam into two key positions of Cigniti. Together, they will work towards achieving Cigniti’s stated goal of helping global companies become digital-first. Cigniti is in a unique position to leverage its deep-rooted expertise of helping enterprises accelerate the digital transformation initiatives through world-class digital assurance and engineering services. The experience that both these leaders bring on board in working with digital and product engineering, AI platform companies would help in accelerating our next phase of growth.”

“Vinay brings extensive experience in general management and especially in sales and business development, creative deal making, outsourcing, process design and operations management.

Based out of the US, as the CRO, Vinay will focus on identifying new revenue opportunities and pioneer new markets for the company. He will work closely with Chairman & MD, CEO and Board of directors and would develop growth strategies, new offerings and opportunities.” he added.

Speaking about Sairam, Srikanth said, “Sairam who has joined us back at Cigniti will oversee the planning and execution of the organization’s strategic marketing programs, work on developing the long term charter towards our digital play, and will enhance Cigniti’s mindshare as a preferred Digital services provider and thought leader across our customers, partners, analysts, media, investors, influencers and employees. In his prior stint with us he drove the 360-degree marketing function building it from the scratch, managing the global brand footprint, and has a complete understanding of our culture and vision,” he added.

“As a digital industry and product engineering leader I have always believed that Digital Assurance is extremely important for any digital transformation program’s success. Some of the largest enterprises today rely on Cigniti’s digital assurance services to achieve growth and meet their digital transformation agenda. Hence, I am excited and look forward to helping Cigniti further scale the business, participate more deeply in our customer’s digital journeys & contribute towards achieving Cigniti’s vision of helping customers become digital-first through quality software,” said Vinay Rawat.

“Cigniti’s proprietary platform led approach, its proven ability to deliver transformative digital experiences through a confluence of market-leading full-cycle digital assurance and automation services with a strong foundation of more than a decade in consistently serving 200+ market-leading organizations as customers across the world is more apt than ever before. The bedrock of becoming digital-first in modern day business is ensuring impeccable digital experiences and customers today are looking to leverage this expertise further. I am excited to join back Cigniti as our next-gen offerings and services gear up to ride this unparalleled wave of growth.” said Sairam Vedam.

About Cigniti
Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), a global leader in providing 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.

Contact:
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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07 Feb

Cigniti Technologies Appoints Software Industry Leaders Vinay Rawat as CRO; Sairam Vedam as CMO

Company strengthens the leadership team to accelerate the next phase of growth.

Hyderabad, India: Cigniti Technologies, a global leader in providing AI driven, IP-led, digital assurance, software quality engineering, testing and consulting services company, announced the appointment of veteran IT and product engineering industry business leader, Vinay Rawat as Chief Revenue Officer and Sairam Vedam, an award-winning expert in global marketing, branding, corporate strategy and digital industry thought leader, as its Chief Marketing Officer.

Vinay has had an illustrious career as the CRO and Head of M&A at Infogain. At Wipro, as the SVP & Global Head - Network Equipment & Consumer Electronics BU, he was responsible for all aspects of the business of multi hundred-million-dollars.

Sairam is an accomplished marketing and strategy leader with proven expertise in creating brands of global repute in the enterprise software products and services space. Prior to Cigniti, he was the CMO for Innominds, and Kore.AI, driving them to market leadership in the digital product engineering and Enterprise Conversational AI platform space.  Sairam has also worked with Pramati, Apere, CTO’s office at CA Technologies and HCL Technologies across roles spanning engineering, delivery, marketing, and HR. He was awarded by BBC Knowledge Series as one of the Greatest Marketing Influencers in 2017.

Speaking on the occasion, Srikanth Chakkilam, CEO – Cigniti Technologies, said, “I am excited to welcome Vinay Rawat and Sairam Vedam into two key positions of Cigniti. Together, they will work towards achieving Cigniti’s stated goal of helping global companies become digital-first. Cigniti is in a unique position to leverage its deep-rooted expertise of helping enterprises accelerate the digital transformation initiatives through world-class digital assurance and engineering services. The experience that both these leaders bring on board in working with digital and product engineering, AI platform companies would help in accelerating our next phase of growth.”

“Vinay brings extensive experience in general management and especially in sales and business development, creative deal making, outsourcing, process design and operations management.

Based out of the US, as the CRO, Vinay will focus on identifying new revenue opportunities and pioneer new markets for the company. He will work closely with Chairman & MD, CEO and Board of directors and would develop growth strategies, new offerings and opportunities.” he added.

Speaking about Sairam, Srikanth said, “Sairam who has joined us back at Cigniti will oversee the planning and execution of the organization’s strategic marketing programs, work on developing the long term charter towards our digital play, and will enhance Cigniti’s mindshare as a preferred Digital services provider and thought leader amongst across our customers, partners, analysts, media, investors, influencers and employees. In his prior stint with us he drove the 360-degree marketing function building it from the scratch, managing the global brand footprint, and has a complete understanding of our culture and vision,” he added.

“As a digital industry and product engineering leader I have always believed that Digital Assurance is extremely important for any digital transformation program’s success. Some of the largest enterprises today rely on Cigniti’s digital assurance services to achieve growth and meet their digital transformation agenda.  Hence, I am excited and look forward to helping Cigniti further scale the business, participate more deeply in our customer’s digital journeys & contribute towards achieving Cigniti’s vision of helping customers become digital-first through quality software,” said Vinay Rawat.

“Cigniti’s proprietary platform led approach, its proven ability to deliver transformative digital experiences through a confluence of market-leading full-cycle digital assurance and automation services with a strong foundation of more than a decade in consistently serving 200+ market-leading organizations as customers across the world is more apt than ever before. The bedrock of becoming digital-first in modern day business is ensuring impeccable digital experiences and customers today are looking to leverage this expertise further. I am excited to join back Cigniti as our next-gen offerings and services gear up to ride this unparalleled wave of growth.” said Sairam Vedam.

About Cigniti
Cigniti Technologies Limited (NSE: CIGNITITEC, BSE: 534758), a global leader in providing 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.

Contact:
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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01 Feb

Cigniti Technologies Q3FY22 Revenue

Mumbai, January 28, 2022: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended December 31, 2021.

The company’s reported Net Profit for Q3FY22 stood at Rs 26.55 crore as against Net Profit of Rs 22.17 crore in Q2FY22.

The Company’s Consolidated Revenue from operations for the quarter under consideration stood at Rs 325.46 crore as against Rs 307.90 crore in Q2FY22.

EBIDTA for the December quarter was at Rs 40.44 crore and EBIDTA margin stood at 12.4 %.

Other income includes net foreign exchange loss of Rs. 0.70 Cr. for the quarter ended December 31, 2021.

Access the full coverage

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28 Jan

Cigniti Technologies Q3FY22 Revenue

Consolidated Revenue Rs. 325.46 crores and Net Profit Rs. 26.55 Cr

Standalone Revenue Rs. 121.17 crores and Net Profit Rs. 13.29 Cr 

Consolidated Financial Performance for Q3FY22 v/s Q3FY21 (Corresponding Year)

  • Revenue of Rs. 325.46 crore v/s. Rs. 223.90 crore [á 45.4%]
  • EBITDA of Rs. 40.44 crore v/s. Rs. 31.94 crore
  • PAT of Rs. 26.55 crore v/s. Rs. 26.35 crore

Consolidated Financial Performance for Q3FY22 v/s Q2FY22 (Corresponding Quarter)

  • Revenue of Rs. 325.46 crore v/s. Rs. 307.90 crore
  • EBITDA of Rs. 40.44 crore v/s. Rs. 31.92 crore
  • PAT of Rs. 26.55 crore v/s. Rs. 22.17 crore
Consolidated Financial Performance for 9MFY22 v/s 9MFY21 (Corresponding Year)

  • Revenue of Rs. 897.72 crore v/s. Rs. 663.50 crore [á 35.3%]
  • EBITDA of Rs. 96.67 crore v/s. Rs. 112.21 crore
  • PAT of Rs. 69.14 crore v/s. Rs. 80.68 crore

Mumbai, January 28, 2022: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended December 31, 2021.

The company’s reported Net Profit for Q3FY22 stood at Rs 26.55 crore as against Net Profit of Rs 22.17 crore in Q2FY22.

The Company’s Consolidated Revenue from operations for the quarter under consideration stood at Rs 325.46 crore as against Rs 307.90 crore in Q2FY22.

EBIDTA for the December quarter was at Rs 40.44 crore and EBIDTA margin stood at 12.4 %.

Other income includes net foreign exchange loss of Rs. 0.70 Cr. for the quarter ended December 31, 2021.

Management Commentary
Commenting on the results Mr. C V Subramanyam, Chairman & MD said, “We accomplished another quarter of good performance, enabling us to grow continuously to achieve our goals. We continue to remain focused on various avenues for growth and expansion plans. With disruptive changes in business models and implementation of newer technologies, we are optimistic that the demand for digital assurance, quality engineering and software testing industry is on the rise globally. Digital transformation and adoption of newer technologies has resulted in an accelerated momentum in building clientele from different sectors and a strong pipeline for the coming years.”

Highlights for the quarter ended December 31, 2021

  • Revenue from top 5 clients contributed approximately 21.8% of the Revenue
  • BFSI, Travel & Transport and Retail & e-commerce sectors contributed the most to the revenue for Q3FY22
  • 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.

For further information, please contact:

Chintan Kotak / Raveena Shetty
Adfactors PR ltd
Mob: 9920865113 / 9769539969
Email: chintan.kotak@adfactorspr.com
raveena.shetty@adfactorspr.com

Midhun Pingili
Cigniti Technologies
Mob: +91 8886093093
Email: midhun.pingili@cigniti.com

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09 Dec

Cigniti Unveils Incight – A Customer Experience Assurance Platform

Dallas, USA: Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing Services company, headquartered in Dallas, Texas expands its portfolio of digital assurance and experience solutions with the launch of their Customer Experience Assurance (CXA) Platform, Incight, that provides early and live experience insights, thereby enabling enterprises to achieve their Digital Transformation goals.

The competition to woo a customer has never been as fierce as in today’s digital age. Therefore, monitoring, identifying, and providing the best digital customer experience (CX) assurance has become pivotal for organizations. Being able to leverage real-time information across multiple digital touchpoints of the user’s sentiment and overall experience can help organizations provide a higher level of customer experience assurance. This, in turn, helps them build a successful brand story to stay ahead of the competition.

Cigniti is known for its IP-led solutions that focus on providing customer experience assurance, such as Customer Experience Sentiment Analyzer (CESA) from BlueSwan™ that identifies, categorizes and analyzes feedback expressed by end-users for a given product or service. The first-of-its-kind Customer Experience Assurance (CXA) platform, Incight, enables Product, Marketing, and CX leaders to analyze, predict and tailor the user experience of mobile applications leveraging the underlying AI and analytics platform capabilities in real-time. Cigniti’s CXA platform provides a 360-degree view that enables enterprises to proactively identify issues and make the necessary enhancements to their applications before the customers decide to drift away from the brand.

Speaking on the occasion, Srikanth Chakkilam, CEO, Cigniti Technologies said “Per Forrester, brands that have superior customer experience bring in 5.7 times more revenue than their competitors. Incight has been built keeping customer-centricity in mind and ensures you can gain real-time insight into what your customers need, even before they ask for it, thereby helping you deliver world class customer experience.”

‘Incight’ is available for immediate use on incight.ai with a 7-day no obligation free trial period.

Contact:
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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09 Dec

Cigniti Unveils Incight – A Customer Experience Assurance Platform

Dallas, USA: Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing Services company, headquartered in Dallas, Texas expands its portfolio of digital assurance and experience solutions with the launch of their Customer Experience Assurance (CXA) Platform, Incight, that provides early and live experience insights, thereby enabling enterprises to achieve their Digital Transformation goals.

The competition to woo a customer has never been as fierce as in today’s digital age. Therefore, monitoring, identifying, and providing the best digital customer experience (CX) assurance has become pivotal for organizations. Being able to leverage real-time information across multiple digital touchpoints of the user’s sentiment and overall experience can help organizations provide a higher level of customer experience assurance. This, in turn, helps them build a successful brand story to stay ahead of the competition.

Cigniti is known for its IP-led solutions that focus on providing customer experience assurance, such as Customer Experience Sentiment Analyzer (CESA) from BlueSwan™ that identifies, categorizes and analyzes feedback expressed by end-users for a given product or service. The first-of-its-kind Customer Experience Assurance (CXA) platform, Incight, enables Product, Marketing, and CX leaders to analyze, predict and tailor the user experience of mobile applications leveraging the underlying AI and analytics platform capabilities in real-time. Cigniti’s CXA platform provides a 360-degree view that enables enterprises to proactively identify issues and make the necessary enhancements to their applications before the customers decide to drift away from the brand.

Speaking on the occasion, Srikanth Chakkilam, CEO, Cigniti Technologies said “Per Forrester, brands that have superior customer experience bring in 5.7 times more revenue than their competitors. Incight has been built keeping customer-centricity in mind and ensures you can gain real-time insight into what your customers need, even before they ask for it, thereby helping you deliver world class customer experience.”

‘Incight’ is available for immediate use on incight.ai with a 7-day no obligation free trial period.

Contact:
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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03 Dec

Cigniti Enhances its 5G Assurance focus with innovate5G Partnership

30th November 2021, Dallas: Cigniti Technologies, a global leader in independent quality engineering and software testing services, expands its portfolio of pioneering innovative digital assurance and experience solutions for next generation 5G technologies by forming a strategic partnership with innovate5G.

As companies move to 5G, they are going to be challenged in optimizing for the plethora of possibilities that 5G has to offer and with that, customer expectations and demand for new services will increase at a rapid pace. So, whether it be enhanced video, telehealth, adaptive manufacturing, AR/VR, gaming, consumer IoT services, connected vehicles, to name just a few, the pivot to the 5G paradigm will be significant as will the manner in which these new solutions are rolled out.

Access the full coverage

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02 Dec

Cigniti Technologies supports Belagavi Institute of Medical Sciences (BIMS) Karnataka with medical equipment

Belagavi, 1st December, 2021: The ICU unit at Belagavi Institute of Medical Sciences has been renovated by bringing in new medical equipment with the support of Cigniti Technologies. Inauguration of the ICU happened in the virtual presence of Mr. Paul Trotter, Dy. CTO at Atom, Mr. Srikanth Chakkilam, CEO at Cigniti Technologies and Mr. Krishnan Venkatachary, CFO at Cigniti. Dr. Viveki, Director, BIMS, and Mr. Mayur Patnala, Founder and CEO, Nirmaan Organization have graced the occasion at the Hospital.

Cigniti Technologies, the world’s leading independent Quality Engineering and Software Testing services company, partnered with the Nirmaan Organization to provide medical equipment to the ICU ward of Belagavi Institute of Medical Sciences (BIMS) in the Belagavi district of Karnataka. Cigniti donated ECG machines, oxygen cylinders, X-ray machines, air conditioners for the ICU ward, computers for the hospital staff, crash carts, ICU medical trolleys, surgical trolleys, suction apparatus, NIV masks, and other medical equipment to the hospital to support India's fight against COVID-19.

"As a socially responsible organization, we’re committed to supporting India's recovery from the COVID-19 second wave. We are happy to be a part of this project to improve Karnataka's medical infrastructure, which will help rural residents get better healthcare during and after the pandemic." Srikanth Chakkilam, Chief Executive Officer of Cigniti Technologies, stated on the occasion.

"We thank Cigniti and Nirmaan for supporting BIMS Belagavi with crucial ICU medical equipment. The much-needed oxygen cylinders and NIV masks will help the hospital supplement their oxygen supplies and prepare for future emergencies." Dr. Viveki, Director, BIMS.

Shri. Mayur Patnala, Founder and CEO of the implementation partner, Nirmaan Organization, thanked Srikanth Chakkilam, Dr. Viveki, and the District Collector for supporting the program.

About Cigniti: 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 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 Nirmaan: Nirmaan is an NGO founded in 2005 by a group of BITS Pilani students with the goal of creating a knowledge-driven and economically empowered society. Nirmaan works in the areas of education, livelihood, and social leadership. In the last 16 years of their journey, Nirmaan has impacted 16 lakh lives of children, youth, women, and farmers across 15 states of India by partnering with 75+ corporate and government institutions.

During the COVID-19 pandemic, Nirmaan has supported many government hospitals and frontline health workers by donating ICU beds, isolation beds, ventilators, PPE kits, masks, sanitizers, ration, and livelihood kits, etc. So far, Nirmaan has helped 44 government hospitals in Telangana set up and upgrade ICU wards, as well as 20 government hospitals in Karnataka and 34 government hospitals in Andhra Pradesh with the help of corporate partners.

Access the full coverage here

Contact
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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02 Dec

Cigniti Technologies supports Belagavi Institute of Medical Sciences (BIMS) Karnataka with medical equipment

Belagavi, 1st December, 2021: The ICU unit at Belagavi Institute of Medical Sciences has been renovated by bringing in new medical equipment with the support of Cigniti Technologies. Inauguration of the ICU happened in the virtual presence of Mr. Paul Trotter, Dy. CTO at Atom, Mr. Srikanth Chakkilam, CEO at Cigniti Technologies and Mr. Krishnan Venkatachary, CFO at Cigniti. Dr. Viveki, Director, BIMS, and Mr. Mayur Patnala, Founder and CEO, Nirmaan Organization have graced the occasion at the Hospital.

Cigniti Technologies, the world’s leading independent Quality Engineering and Software Testing services company, partnered with the Nirmaan Organization to provide medical equipment to the ICU ward of Belagavi Institute of Medical Sciences (BIMS) in the Belagavi district of Karnataka. Cigniti donated ECG machines, oxygen cylinders, X-ray machines, air conditioners for the ICU ward, computers for the hospital staff, crash carts, ICU medical trolleys, surgical trolleys, suction apparatus, NIV masks, and other medical equipment to the hospital to support India's fight against COVID-19.

"As a socially responsible organization, we’re committed to supporting India's recovery from the COVID-19 second wave. We are happy to be a part of this project to improve Karnataka's medical infrastructure, which will help rural residents get better healthcare during and after the pandemic." Srikanth Chakkilam, Chief Executive Officer of Cigniti Technologies, stated on the occasion.

"We thank Cigniti and Nirmaan for supporting BIMS Belagavi with crucial ICU medical equipment. The much-needed oxygen cylinders and NIV masks will help the hospital supplement their oxygen supplies and prepare for future emergencies." Dr. Viveki, Director, BIMS.

Shri. Mayur Patnala, Founder and CEO of the implementation partner, Nirmaan Organization, thanked Srikanth Chakkilam, Dr. Viveki, and the District Collector for supporting the program.

About Cigniti: 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 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 Nirmaan: Nirmaan is an NGO founded in 2005 by a group of BITS Pilani students with the goal of creating a knowledge-driven and economically empowered society. Nirmaan works in the areas of education, livelihood, and social leadership. In the last 16 years of their journey, Nirmaan has impacted 16 lakh lives of children, youth, women, and farmers across 15 states of India by partnering with 75+ corporate and government institutions.

During the COVID-19 pandemic, Nirmaan has supported many government hospitals and frontline health workers by donating ICU beds, isolation beds, ventilators, PPE kits, masks, sanitizers, ration, and livelihood kits, etc. So far, Nirmaan has helped 44 government hospitals in Telangana set up and upgrade ICU wards, as well as 20 government hospitals in Karnataka and 34 government hospitals in Andhra Pradesh with the help of corporate partners.

Access the full coverage here

Contact
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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30 Nov

Cigniti Enhances its 5G Assurance focus with innovate5G Partnership

Live 5G infrastructure further enables comprehensive assurance for clients embracing 5G

30th November 2021, Dallas: Cigniti Technologies, a global leader in independent quality engineering and software testing services, expands its portfolio of pioneering innovative digital assurance and experience solutions for next generation 5G technologies by forming a strategic partnership with innovate5G.

As companies move to 5G, they are going to be challenged in optimizing for the plethora of possibilities that 5G has to offer and with that, customer expectations and demand for new services will increase at a rapid pace. So, whether it be enhanced video, telehealth, adaptive manufacturing, AR/VR, gaming, consumer IoT services, connected vehicles, to name just a few, the pivot to the 5G paradigm will be significant as will the manner in which these new solutions are rolled out.

Embracing this new horizon of transformation and realization of 5G networks - machine type communication (mMTC), enhanced mobile broadband (eMBB), ultra-reliable low-latency communication (URLLC) – creates the mandate for a new paradigm of digital assurance. Innovate5G’s in5Genius platform combined with Cigniti’s 5G Assurance capabilities, creates an end-to-end assurance model for organizations that are leveraging 5G as the backbone for their business and consumer applications, IoT, and edge computing.

Srikanth Chakkilam (CEO – Cigniti Technologies): “The promised benefits of 5G - high-speed networks, increased capacity and minimal latency – creates a new dimension for companies to exploit across business and consumer applications, as well as with IoT. But what comes will be new architectures supporting the intrinsic relationship between the applications/IoT devices and the network. Our partnership with innovate5G, further enables Cigniti’s Digital Assurance services to best support our clients’ 5G initiatives with speed, reliability and predictability.”

Chris Stark (Founder/ CEO innovate 5G): “Our in5Genius cloud platform allows enterprises to leverage the vast capabilities of the 5G bandwidth. Through this partnership with Cigniti we are now able to offer best in class enterprise grade quality engineering services to expedite the development and mainstream roll-out of the 5G centric digital experience.”

About Cigniti: 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 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 innovate5G:  innovate5G - in5Genius - platform meant for application developers to test their 5G applications in a secure and pressure-free environment, at their own pace. Whether it’s an idea for a gaming, industrial, or enterprise application, innovate5G is eliminating barriers for developers to test out their ideas - such as having to partner with a carrier or large OEM. We are working with universities and innovation zones to build 5G networks and developing a lab-sharing model in a similar vein to Airbnb. We design and build bespoke private CBRS LTE and 5G networks for enterprises.

Access the full coverage here

Contact
Midhun Pingili, Director, Marketing | Midhun.pingili@cigniti.com | www.cigniti.com

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29 Oct

Cigniti is a finalist in 2 categories at the North American Software Testing Awards

Cigniti Technologies, the world’s leading independent Quality Engineering and Software Testing Services, is a finalist in two different categories mentioned below at the Annual North American Software Testing Awards 2021.

  • Best Test Automation Project – Functional
  • Testing Management Team of the Year

Cigniti is nominated in partnership with Equitable Bank for the Best Test Automation Project – Functional. For the Testing Management Team of the Year award, Cigniti is nominated in partnership with Aviva. The winners will be announced on November 23rd, at the Gala Awards Night in Toronto.

Cigniti has helped accelerate the digital transformation journey of several global enterprises by providing highly innovative and strategic software testing & quality engineering solutions. It is currently partnering with several enterprises in the North American region. These are a part of its distinguished portfolio of 200+ global enterprise clients, including 50+ Fortune 500 companies.

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28 Oct

Cigniti Recognized as Market Leader in Continuous Testing Specialists for the US by ISG

Dallas, TX, 27th Oct, 2021 - Cigniti Technologies has been recognized as a market leader in continuous testing specialists for the US by Information Services Group (ISG), in its ISG Provider Lens™ Next-Gen Application Development and Maintenance (ADM) Services report.

Speaking on the occasion, Srikanth Chakkilam, CEO, Cigniti Technologies, said, “Cigniti is a leading Digital Assurance company that enables global enterprises to accelerate their digital transformation and continuously achieve their digital next. 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. We have enriched Verita and Velocita with AI-based analytics use cases which are helping our enterprise clients to achieve significant acceleration in their org-wide test automation initiatives. 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 (Sauce Labs, Browser Stack) infrastructure to support continuous testing, leading to reduced cost of quality, and improved productivity, stability, & reliability.”

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27 Oct

Cigniti Recognized as Market Leader in Continuous Testing Specialists for the US by ISG

Dallas, TX, 27th Oct, 2021 – Cigniti Technologies has been recognized as a market leader in continuous testing specialists for the US by Information Services Group (ISG), in its ISG Provider Lens™ Next-Gen Application Development and Maintenance (ADM) Services report.   

Speaking on the occasion, Srikanth Chakkilam, CEO, Cigniti Technologies, said, “Cigniti is a leading Digital Assurance company that enables global enterprises to accelerate their digital transformation and continuously achieve their digital next. 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. We have enriched Verita and Velocita with AI-based analytics use cases which are helping our enterprise clients to achieve significant acceleration in their org-wide test automation initiatives. 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 (Sauce Labs, Browser Stack) infrastructure to support continuous testing, leading to reduced cost of quality, and improved productivity, stability, & reliability.” 

“Cigniti offers a gamut of services in the continuous testing realm and is equally good in executing large strategic QA contracts that warrant advisory competency. It’s making great inroads in the U.S. market through customer-oriented commercial models like testing-as-a-service (TAAS)”, said Ashish Chaturvedi, Principal Analyst, ISG. 

The ISG Provider Lens™ Next-Gen Application Development and Maintenance Services 2021 - U.S. examines the capabilities of U.S. providers.  

About Cigniti 

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 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 ISG 

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com. 

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22 Oct

Cigniti Technologies Q2FY22 Revenue

Hyderabad/Mumbai, October 21, 2021: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended September 30, 2021.

The Company’s Consolidated Revenue from operations for the quarter under consideration grew by 16.5% to Rs. 307.90 crore as against Rs. 264.36 crore in Q1FY22.

The company’s Net Profit for Q2FY22 stood at Rs 22.17 crore as against Net Profit of Rs 20.42 crore in Q1FY22.

Reported EBIDTA for the September quarter was at Rs 31.92 crore and EBIDTA margin stood at 10.4%.

During the current quarter and six-month period ended September 30,2021, the Company has written off export incentives amounting to Rs. 9.74 crore pertaining to the financial year 2019-2020, pursuant to notification no. 29/2015-2020 dated September 23, 2021, issued by Ministry of Commerce & Industry. The Operational EBITDA margin would have been 13.5 percent if the export incentives had not been written off.

Other income includes net foreign exchange gain of Rs. 1.87 Cr. for the quarter ended September 30, 2021.

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21 Oct

Cigniti Technologies Q2FY22 Revenue

Consolidated Revenue Rs. 307.90 crores and Net Profit Rs. 22.17 Cr
Standalone Revenue Rs. 115.72 crores and Net Profit Rs. 9.62 Cr

Consolidated Financial Performance for Q2FY22 v/s Q2FY21 (Corresponding Year)

  • Revenue of Rs. 307.90 crore v/s. Rs. 221.20 crore [ 39.2%]
  • EBITDA of Rs.31.92 crore v/s. Rs. 44.21 crore
  • PAT of Rs. 22.17 crore v/s. Rs. 25.22 crore

Consolidated Financial Performance for Q2FY22 v/s Q1FY22 (Corresponding Quarter)

  • Revenue of Rs. 307.90 crore v/s. Rs. 264.36 crore [ 16.5%]
  • EBITDA of Rs. 31.92 crore v/s. Rs. 24.31 crore
  • PAT of Rs. 22.17 crore v/s. Rs. 20.42 crore
Consolidated Financial Performance for H1FY22 v/s H1FY21 (Corresponding Year)

  • Revenue of Rs. 572.26 crore v/s. Rs. 439.60 crore [ 30%]
  • EBITDA of Rs. 56.23 crore v/s. Rs. 80.27 crore
  • PAT of Rs. 42.59 crore v/s. Rs. 54.32 crore

Hyderabad/Mumbai, October 21, 2021: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended September 30, 2021.

The Company’s Consolidated Revenue from operations for the quarter under consideration grew by 16.5% to Rs. 307.90 crore as against Rs. 264.36 crore in Q1FY22.

The company’s Net Profit for Q2FY22 stood at Rs 22.17 crore as against Net Profit of Rs 20.42 crore in Q1FY22.

Reported EBIDTA for the September quarter was at Rs 31.92 crore and EBIDTA margin stood at 10.4%.

During the current quarter and six-month period ended September 30,2021, the Company has written off export incentives amounting to Rs. 9.74 crore pertaining to the financial year 2019-2020, pursuant to notification no. 29/2015-2020 dated September 23, 2021, issued by Ministry of Commerce & Industry. The Operational EBITDA margin would have been 13.5 percent if the export incentives had not been written off.

Other income includes net foreign exchange gain of Rs. 1.87 Cr. for the quarter ended September 30, 2021.

Management Commentary

Commenting on the results Mr. C V Subramanyam, Chairman & MD said, “We are glad to deliver another quarter of robust numbers and we endeavor to achieve sustainable profitability through new offerings and solutions. I would like to extend my gratitude to the dedicated employees and to our clients for their constant support. The company is confident of growing at an augmented rate in the coming years.”

Highlights for the quarter ended September 30, 2021

  • Revenue from top 5 clients contributed approximately 20.5% of the Revenue
  • BFSI, Travel & Transport and Healthcare sectors contributed the most to the revenue for Q1FY22
  • Revenue split geographically: North America & Canada – 85%, UK & Europe – 9%, Rest of the World 6%.

About Cigniti Technologies Limited

Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 3,500+ experienced professionals are spread across US, UK, Canada, Australia, India, UAE, Singapore, Czech Republic and South Africa. We are a strategic quality engineering partner for leading global organizations and assist them in accelerating time-to-market by predicting and preventing unanticipated failures, leveraging AI-driven, proprietary Continuous Testing & Test Automation solutions, with customer-centricity at the core of the transformation. Our test offerings are Quality Engineering, Advisory & Transformation, Digital Assurance, and Quality Assurance solutions.

For further information, please contact:

Omkar Jalgaonkar / Raveena Shetty
Adfactors PR ltd
Mob: 9821080048 / 9870836138 / 9769539969
Email: omkar.jalgaonkar@adfactorspr.com
raveena.shetty@adfactorspr.com

Midhun Pingili
Cigniti Technologies
Mob: +91 8886093093
Email: midhun.pingili@cigniti.com

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19 Oct

Cigniti is a finalist in 3 categories at the European Software Testing Awards

Cigniti Technologies, the world’s leading independent Quality Engineering and Software Testing Services, is a finalist in three different categories mentioned below at the 8th Annual European Software Testing Awards 2021.

  • Best Agile Project
  • Testing Management Team of the Year
  • Best Overall Testing Project - Retail

Cigniti is nominated in partnership with Atom Bank for the Best Agile Project and the Testing Management Team of the Year award. For the Best Overall Testing Project (Retail) award, Cigniti is nominated in partnership with River Island. The winners will be announced on November 9th, at the Gala Awards Night in London.

Cigniti has helped accelerate the digital transformation journey of several global enterprises by providing highly innovative and strategic software testing & quality engineering solutions. It is currently serving enterprises from eight countries in the Europe and U.K. region. These are a part of its distinguished portfolio of 200+ global enterprise clients, including 50+ Fortune 500 companies.

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22 Sep

Challenges in Cloud Migration and the need for Assurance Solutions

Date:

Thursday Oct 21, 2021 | 11 AM EDT | 4 PM UK

Speakers:

Raghuram Krovvidy - President & Global Delivery Head at Cigniti
Sean D. Mack - Chief Information Officer and CISO at Wiley

Abstract:

Why should you attend the Webinar?

This webinar is for you if you are looking for:

  • How to build a cloud migration strategy for an enterprise
  • Tips for a successful transformation and the pitfalls to avoid
  • Learnings from real-world enterprise migrations involving high-volume products without impacting customers

Join Raghu and Sean in this webinar as they share insights on the role of digital assurance in developing a successful cloud migration strategy. Drawing from years of experience, they will discuss real-world case studies and how can you overcome the challenges in moving enterprise products and services to the cloud without impacting customers.

Who should attend?
QA and IT leaders in enterprises planning a cloud migration or beginning their cloud migration journey will find this webinar insightful.

Watch the session

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08 Sep

Cigniti expands its global footprint in Central Europe with opening of an office in Czech Republic

Prague, 8th Sep 2021: Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing Services company, announced the opening of their office in Prague, Czech Republic. With this new expansion, Cigniti further extends its global footprint in the European region to meet the growing digital transformation needs of leading enterprises based in the region. Cigniti is currently serving enterprises from eight countries in the Europe and the U.K.

“Being the best country for business in Central and Eastern Europe (CEE), with rich scientific tradition, incredible talent pool, and well developed R&D infrastructure that supports business’s ecosystem, Czech Republic was a natural choice for us as we looked at expanding our presence in the Europe region,” said Srikanth Chakkilam, CEO, Cigniti.

“This new office will enable us to be more agile and responsive towards the needs of our existing clients in the region and serve them from close proximity. This will also be the nearshore delivery centre for our clients in the UK & EU and tap into the rich talent pool available locally” said Nanda Padmaraju, Cigniti’s head of RoW business.

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08 Sep

Cigniti expands its global footprint in Central Europe with opening of an office in Czech Republic

Prague, 8th Sep 2021: Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing Services company, announced the opening of their office in Prague, Czech Republic. With this new expansion, Cigniti further extends its global footprint in the European region to meet the growing digital transformation needs of leading enterprises based in the region. Cigniti is currently serving enterprises from eight countries in the Europe and the U.K.

“Being the best country for business in Central and Eastern Europe (CEE), with rich scientific tradition, incredible talent pool, and well developed R&D infrastructure that supports business’s ecosystem, Czech Republic was a natural choice for us as we looked at expanding our presence in the Europe region,” said Srikanth Chakkilam, CEO, Cigniti.

“This new office will enable us to be more agile and responsive towards the needs of our existing clients in the region and serve them from close proximity. This will also be the nearshore delivery centre for our clients in the UK & EU and tap into the rich talent pool available locally” said Nanda Padmaraju, Cigniti’s head of RoW business.

Cigniti has helped accelerate the digital transformation journey of several global automobile enterprises by providing highly innovative & strategic quality engineering solutions. Our presence in Czech Republic would further boost our efforts to partner with the leading automobile enterprises in the central Europe. Enterprises in the European region today are looking towards aligning their transformation roadmaps to leverage the benefits of next-generation technologies such as Hyperautomation (RPA, IoT, AI/ML) for connected cars and digital retail frameworks to kick-start a new ‘post-covid’ era. Cigniti is committed to providing its clients the required insights, advisory, and digital assurance services to accelerate their business transformation, and help them drive higher ROI from their QA initiatives.

About Cigniti: Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 3,100+ experienced professionals are spread across US, UK, Canada, Australia, India, UAE, and South Africa. We are a strategic quality engineering partner for leading global organisations and assist them in accelerating time-to-market by predicting and preventing unanticipated failures, leveraging AI-driven, proprietary Continuous Testing & Test Automation solutions, with customer-centricity at the core of the transformation. Our test offerings are Quality Engineering, Advisory & Transformation, Digital Assurance, and Quality Assurance solutions.

Access the full coverage here

 
Contact: Midhun Pingili | Midhun.pingili@cigniti.com | www.cigniti.com

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