Author - anand

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

By Comments Off
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

By Comments Off
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

By Comments Off
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.

By Comments Off
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.”

Access the full coverage

By Comments Off
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.

Access the full coverage

By Comments Off
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

By Comments Off
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.

By Comments Off
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

By Comments Off
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.

Access the full coverage

By Comments Off
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

By Comments Off
03 Sep

Cigniti Technologies to host Cignithon – a Global Testing Hackathon

Mumbai, September 03, 2021- Cigniti Technologies, the world’s leading independent Quality Engineering & Software Testing services company is hosting Cignithon, an annual global software testing hackathon on September 4, 2021, virtually from 10 AM IST to 9 PM IST on 5th September 2021.

Cignithon is a platform for testers to compete globally and test live products for Functionality, UI, and Security, as well as to test applications from different domains and tech stacks. It is a great platform that enables participants to network and interact with professionals from the same community and share their ideas.

The annual event will take place for two days starting from September 4, 2021, where it will begin with the virtual welcoming of the participants and introduction of Cigniti and The Test Tribe. It will be followed by a briefing of the event format and the beginning of the hackathon. The results of the hackathon will be declared on September 5, 2021.

Cignithon aims to target software testers globally, with the winners being awarded prize money up to INR 200,000 along with other rewards and perks.

Registration for Cignithon is open to software testers around the world. For more details and registrations, visit https://beta.cigniti.com/cignithon-2021/

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.


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

By Comments Off
03 Sep

Cigniti Technologies to host Cignithon – a Global Testing Hackathon

Mumbai, September 03, 2021- Cigniti Technologies, the world’s leading independent Quality Engineering & Software Testing services company is hosting Cignithon, an annual global software testing hackathon on September 4, 2021, virtually from 10 AM IST to 9 PM IST on 5th September 2021.

Cignithon is a platform for testers to compete globally and test live products for Functionality, UI, and Security, as well as to test applications from different domains and tech stacks. It is a great platform that enables participants to network and interact with professionals from the same community and share their ideas.

Access the full coverage

By Comments Off
11 Aug

Cigniti Recognized as a Strong Performer in Continuous Automation and Testing Services Report by Independent Research Firm

According to the report, Cigniti Technologies is one of the top three pure play Continuous Automation and Testing (CAT) services providers, focused on Agile, DevOps, and RPA services.

DALLAS August 11, 2021 - Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing services company that brings the power of AI into Agile and DevOps to accelerate enterprise digital transformation, today announced that Forrester Research has recognized Cigniti as a Strong Performer in The Forrester Wave™: Continuous Automation and Testing Services, Q3 2021 evaluation.

The Forrester Wave™ evaluates 15 most significant CAT providers, including Accenture, Capgemini, Cigniti Technologies, HCL, Tech Mahindra, Cognizant, Infosys and others, and scores them based on 25-point criteria for continuous automation and testing (CAT) services. Cigniti has been recognized as a Strong Performer. The report states that the percentage of Cigniti’s reference clients using test automation reached through its services was above-average, as were client intimacy scores. Per the report, "as one client put it: Client intimacy is where Cigniti excels! They know us, they know our problems, and they know how to integrate with our teams and solve problems.”

Speaking on the occasion, Srikanth Chakkilam, CEO, Cigniti, said, “We believe this positioning stands testament to the faith large enterprise clients of ours place in us, in driving their continuous automation and testing initiatives for them. Our focus on delivering value leveraging our IP, BlueSwan, and client centricity has helped us gain this trust and recommendations from our clients.”

According to Forrester’s evaluation, “Cigniti’s accelerator platform approach, branded as BlueSwan, is quite comprehensive and has been infused with AI and ML.” BlueSwan™ is a next generation Proprietary Testing platform of Cigniti that helps accelerate Quality Engineering for Digital Enterprises globally by solving their test engineering problems.

Access the Forrester Wave™: Continuous Automation and Testing Services, Q3 2021 report here. Available to Forrester subscribers or for purchase.

About Cigniti: Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 2,900+ experienced professionals are spread across US, UK, Canada, Australia, India, UAE, 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.

Access the full coverage here

 

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

By Comments Off
11 Aug

Cigniti Recognized as Strong Performer in Continuous Automation and Testing Services Report by Independent Research Firm

According to the report, Cigniti Technologies is one of the top three pure play Continuous Automation and Testing (CAT) services providers, focused on Agile, DevOps, and RPA services.

DALLAS August 11, 2021 - Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing services company that brings the power of AI into Agile and DevOps to accelerate enterprise digital transformation, today announced that Forrester Research has recognized Cigniti as a Strong Performer in The Forrester Wave™: Continuous Automation and Testing Services, Q3 2021 evaluation.

Access the full coverage

By Comments Off
24 Jul

Cigniti Technologies Q1FY22 Revenue

Mumbai, July 23, 2021: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended June 30, 2021.

The Company’s Consolidated Revenue from operations for the quarter under consideration grew by 13.4% to Rs. 264.36 crore as against Rs. 233.02 crore in Q4FY21.

The company’s Net Profit for Q1FY22 stood at Rs 20.42 crore as against Net Profit of Rs 24.67 crore in Q4FY21.

EBIDTA for the June quarter was at Rs 24.31 crore and EBIDTA margin stood at 9.2%.

Other income includes Net foreign exchange gain of Rs. 0.27 Cr. for the quarter ended June 30, 2021.

During the current quarter, the Group has invested in additional manpower in line with its business transformation initiatives which has affected the current quarter profitability. The addition in manpower has reduced the offshore utilization and expected to yield revenue in the coming quarter

Access the full coverage

By Comments Off
23 Jul

Cigniti Technologies Q1FY22 Revenue

Consolidated Revenue Rs. 264.36 crores and Net Profit Rs. 20.42 Cr
Standalone Revenue Rs. 93.88 crores and Net Profit Rs. 7.18 Cr

Consolidated Financial Performance for Q1FY22 v/s Q1FY21 (Corresponding Year)

  • Revenue of Rs. 264.36 crore v/s. Rs. 218.40 crore [ 21.0%]
  • EBITDA of Rs. 24.31 crore v/s. Rs. 36.06 crore
  • PAT of Rs. 20.42 crore v/s. Rs. 29.11 crore

Consolidated Financial Performance for Q1FY22 v/s Q4FY21 (Corresponding Quarter)

  •  Revenue of Rs. 264.36 crore v/s. Rs. 233.02 crore [ 13.4%]
  • EBITDA of Rs. 24.31 crore v/s. Rs. 33.25 crore
  • PAT of Rs. 20.42 crore v/s. Rs. 24.67 crore

Mumbai, July 23, 2021: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended June 30, 2021.

The Company’s Consolidated Revenue from operations for the quarter under consideration grew by 13.4% to Rs. 264.36 crore as against Rs. 233.02 crore in Q4FY21.

The company’s Net Profit for Q1FY22 stood at Rs 20.42 crore as against Net Profit of Rs 24.67 crore in Q4FY21.

EBIDTA for the June quarter was at Rs 24.31 crore and EBIDTA margin stood at 9.2%.

Other income includes Net foreign exchange gain of Rs. 0.27 Cr. for the quarter ended June 30, 2021.

During the current quarter, the Group has invested in additional manpower in line with its business transformation initiatives which has affected the current quarter profitability.  The addition in manpower has reduced the offshore utilization and expected to yield revenue in the coming quarter

Management Commentary
Commenting on the results Mr. C V Subramanyam, Chairman & MD said, “I am happy that the first quarter of the fiscal year has been successful with improved performance coupled with increased efficiency and demand. As a company, we continue to consistently implement strategies to increase our market share as well as market size. Keeping in mind the increasing demand of the industry, we have made additions to our extensive product portfolio and services and are gearing up for further enhancing our offerings in the software testing industry.

We are confident of building an even robust order book in the upcoming quarters and achieve steady growth on account of efficient order execution.”

Highlights for the quarter ended June 30, 2021

  • Revenue from top 5 clients contributed approximately 20.8% of the Revenue
  • BFSI, Travel & Transport and Retail & e-Commerce 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 3,100+ experienced professionals are spread across US, UK, Canada, Australia, India, UAE, and South Africa. We are a strategic quality engineering partner for leading global 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

By Comments Off
01 Jul

Cigniti Expands Its Global Footprint with Opening of an Office in Singapore

Singapore, July 1, 2021: Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing Services company, today announced the opening of their first office in Singapore. With this new expansion, Cigniti further extends its global footprint in the Asia Pacific region to meet the growing digital transformation needs of leading enterprises based in the region.

“Cigniti is recognised globally for its innovative approach to assisting enterprises in their Quality Engineering and Digital transformation initiatives leveraging proprietary IP, AI & ML driven frameworks and highly agile & DevOps development methodologies. As more and more enterprises in the Asia Pacific region look towards aligning their transformation roadmaps to leverage the benefits of next-generation technologies such as RPA, Automation, AI, Cloud and IoT, Cigniti is committed to providing customers with the insights, advisory and services they need to accelerate their digital and business transformation, and drive higher ROI from their QA initiatives”, said Nanda Padmaraju, Cigniti’s head of RoW business. “This is a key milestone for us and we are keen on investing in the region, leverage the diverse hi-tech talent available locally and help towards further strengthening the QA community in the region”, he added.

“As we looked at expanding our presence in Asia Pacific, Singapore was a natural choice as it is a global business hub, with great connectivity, technologically sophisticated infrastructure, and overall a very supportive business ecosystem and government,” said Srikanth Chakkilam, CEO, Cigniti.

We already are working with several leading enterprises in Singapore as their strategic quality engineering partner, and our new office in the heart of Singapore will enable us to be more agile and responsive to the needs of our clients in the region and serve them better.

About Cigniti: Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 2,900+ experienced professionals are spread across US, UK, Canada, Australia, India, UAE, 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.

Access the full coverage here

 

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

By Comments Off
16 Jun

Stay Ahead of Your Customers’ Experience in the Age of 5G

Speakers:

Ramnik Kamo - EVP, Chief Information & People Officer at Mavenir
Rashmi Varma - Founder & CTO at Innovate5G
Mark Shorrock - Strategic Partner at Schooley Mitchell
Pradeep Govindasamy - CTO & President at Cigniti
Chris Manuel - Moderator - VP, Digital at Cigniti

Abstract:

The 2020 Gartner Market Guide for Digital Experience Monitoring predicts that "By 2025, 70% of digital business initiatives will require enterprises to report on digital experience".

Assuring digital experience while keeping up with technological upgrades is critical for today's global organizations. 5G is one such technology that will play a fundamental role and also create opportunities to transform the digital experience.

In this virtual event, you have the opportunity to learn from global thought leaders how 5G will transform digital experience. Deep dive into the evolution of connected data sources, measurement and analysis of pre, post and real-time data to predict customers’ digital experiences.

View the event to gain valuable insights into how you can stay ahead of the Digital Experience Assurance curve and avoid an “Oh, no!” moment.

Watch the session

By Comments Off
04 Jun

Demonstrations, Experiments, and Software Testing

Speakers:

Michael Bolton - Lead Consultant at DevelopSense
Kalyana Rao Konda - President at Cigniti Technologies

Abstract:

What's the webinar all about?

What's the difference between a demonstration and an experiment? Sounds like philosopher-talk, doesn't it? So why should that difference matter to managers, developers, teams, and... testers?

Alas, in software development, we often call both demonstrations and experiments by the same name: "tests".

In this presentation, Michael Bolton explains the difference, and how scientists (and, yes, philosophers of science) came to differentiate between demonstration and experiment. Of the two, one is designed to show us something that we already know; the other is intended to help us learn things we want or need to know. The difference is crucial because the purpose of testing must not be merely to show that the product can work. We test to learn about the product so that we can understand it better, and address problems before it's too late.

In the second half of the presentation, Kalyan shares insights on how Cigniti is assisting leading enterprises globally including the Fortune 500 in their Software Testing & Quality Engineering initiatives and accelerating their digital transformation.

Watch the session

By Comments Off