Author - anand

November 08, 2020 10:30 PM Eastern Standard Time

MELBOURNE, Australia - (BUSINESS WIRE) - Cigniti Technologies, a global leader in independent quality engineering and software testing services, is now a strategic Quality Engineering panel vendor for Toyota Motor Corporation Australia (TMCA), a subsidiary of Toyota Motor Corporation, to help accelerate its Quality & Digital transformation journey over the next 3 years.

Speaking on the occasion, Srikanth Chakkilam, CEO at Cigniti Technologies, said: “It is exciting and a proud moment for all of us at Cigniti to serve a leading automobile company. In this IOT enabled future of connected and autonomous vehicles, Technology will disrupt the entire automobile value chain. Software is going to greatly influence the future of the automobile industry. Digital transformation in the automobile industry will take place in the future across the value chain from the connected supply chain and manufacturing, to providing a virtual experience in the car buying process, Car Mobility as a Service, and autonomous driving. It is very important to ensure that high quality software will enhance the customer experience.”

Cigniti has been working with Toyota Australia since 2017. This new agreement with Cigniti will assist Toyota in increasing its automation cadence by achieving test automation and non-functional testing goals across multiple digital platforms.

Cigniti Australia has enabled over 80 organisations from Airlines, Government agencies, Banking and Financial Services, Insurance, Healthcare, Energy & Utilities and Manufacturing sectors in their software testing and quality assurance transformation journey in the past 6 years.

About Cigniti:
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 2,500+ experienced professionals are spread across Australia, UK, US, Canada, 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. Cigniti is the world’s first Independent Software Testing Services Company to be appraised at CMMI-SVC v1.3, Maturity Level 5, and is also ISO 9001:2015 & ISO 27001:2013 certified.

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Contacts
Mr. Midhun Pingili
midhun.pingili@cigniti.com

Houston, 22^nd Oct 2020: Cigniti Technologies, a global leader in independent quality engineering and software testing services, is now a strategic Underwriter of HoustonCIO, a local arm of the International CIO Leadership Association (ICLA). Together, they intend to foster technology innovation, help Houston IT community become aware of the best practices and trends being implemented, and bring together the CIOs of Houston to a single platform.

As an Underwriter of HoustonCIO association, Cigniti would be a part of the Inspire CIO programs such as HoustonCIO Advisory Board Meetings, Nominee Events, Finalist Events, CIO Only Programs, the Wine Experience, and the Houston CIO of the Year ORBIE Awards and support its expansion by promoting and leveraging key resources.

Speaking on this association, Pradeep Govindasamy, President & CTO at Cigniti Technologies, said, “We are excited to be a part of this association with HoustonCIO, which brings together the CIOs across industries of Houston. This association would not only help understand the CIOs’ perspective about innovation, technology trends and the best practices being implemented across the verticals, but will also help the IT community of Houston to learn about the new generation technology leaders and their contributions via a vast leadership network on a single platform."

InspireCIO programs are made possible through the corporate support of strategic partners known as Underwriters. These organizations represent the highest-level investors in local chapters and the senior executives of Underwriter organizations are regarded as peers by the CIOs serving on the HoustonCIO Advisory Board.

About Cigniti:
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 2,500+ experienced professionals are spread across Australia, UK, US, Canada, 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.

About the Houston CIO Leadership Association:
HoustonCIO is the preeminent professional association for Houston chief information officers. It is a peer-based approach to helping CIOs maximize their leadership effectiveness, create value, reduce risk and share success. Our membership is comprised exclusively of CIOs (or equivalent executive roles) from public and private companies, government, education, healthcare and non-profit organizations.

For further details, please contact: Midhun.pingili@cigniti.com

Charlotte, 22^nd Oct 2020: Cigniti Technologies, a global leader in independent quality engineering and software testing services, is now a strategic Underwriter of CharlotteCIO, a local arm of the International CIO Leadership Association (ICLA). Together, they intend to foster technology innovation, help Charlotte IT community become aware of the best practices and trends being implemented, and bring together the CIOs of Charlotte to a single platform.

As an Underwriter of CharlotteCIO, Cigniti would be a part of the InspireCIO programs such as CharlotteCIO Advisory Board Meetings, Nominee Events, Finalist Events, CIO Only Programs, the Wine Experience, and the Charlotte CIO of the Year ORBIE Awards and support its expansion by promoting and leveraging key resources.

Speaking on this association, Pradeep Govindasamy, President & CTO at Cigniti Technologies, said, “We are excited to be a part of this association with CharlotteCIO, which brings together the CIOs across industries of Charlotte. This association would not only help understand the CIOs’ perspective about innovation, technology trends and the best practices being implemented across the verticals, but will also help the IT community of Charlotte to learn about the new generation technology leaders and their contributions via a vast leadership network on a single platform."

InspireCIO programs are made possible through the corporate support of strategic partners known as Underwriters. These organizations represent the highest-level investors in local chapters and the senior executives of Underwriter organizations are regarded as peers by the CIOs serving on the CharlotteCIO Advisory Board.

About Cigniti:
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 2,500+ experienced professionals are spread across US, Canada, Australia, UK, 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 include QE, Advisory & Transformation, Digital Assurance, and QA solutions.

About CharlotteCIO:
CharlotteCIO is the preeminent professional association for Charlotte chief information officers. It is a peer-based approach to helping CIOs maximize their leadership effectiveness, create value, reduce risk and share success. Our membership is comprised exclusively of CIOs (or equivalent executive roles) from public and private companies, government, education, healthcare and non-profit organizations.

For further details, please contact: Midhun.pingili@cigniti.com

Dallas, TX, 8th Sep, 2020: Cigniti Technologies has been positioned as a Leader in NelsonHall Vendor Evaluation & Assessment Tool (NEAT) chart 2020 for AI Testing, Continuous Testing, and overall Quality Engineering capabilities.

Evaluating vendors on both their ‘ability to deliver immediate benefit’ and their ‘ability to meet client future requirements’, vendors are identified in one of four categories: Leaders, High Achievers, Innovators, and Major Players. Leaders are the vendors that exhibit both a high ability relative to their peers to deliver immediate benefit and a high capability relative to their peers to meet clients’ future requirements.

Speaking on the occasion, Srikanth Chakkilam, CEO – Cigniti Technologies said, “there is an increased adoption of AI-based systems across the industries to provide better customer experience and delivering quality applications at speed. Cigniti leverages AI to test as well as tests AI-based systems. Our AI-driven quality engineering approach for continuous testing (CT), Agile, and DevOps helps enterprises accelerate their digital transformation.”

“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 the AI-based analytics use cases which are helping our enterprise clients to achieve significant acceleration in their org-wide test automation initiatives.” Srikanth added.

The NelsonHall Vendor Evaluation & Assessment Tool (NEAT) allows strategic sourcing managers to assess the capability of vendors across a range of criteria and business situations. It helps them identify the best performing vendors overall with a specific focus on AI testing, continuous testing, UX testing and more.

Commenting on this, Dominique Raviart, IT Services Practice Director at NelsonHall said, “Cigniti has expanded its capabilities toward continuous testing and functional automation. The company has a systematic IP strategy to bring further automation to QA in the context of continuous testing and agile projects. Cigniti has also quickly expanded its range of AI use cases; it is one of the few vendors that has invested in non-functional AI use cases, targeting security testing.”

Access the report here to understand the criteria for selecting a software testing services vendor.

About Cigniti:

Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing Services,   serving Fortune 500 and Global 2000 enterprises.    Cigniti’s test offerings include Quality Engineering, Advisory & Transformation, Digital Assurance, Next-Gen testing and Quality Assurance solutions.

About NelsonHall:

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

Contact: Midhun.pingili@cigniti.com

Consolidated Q2FY20 Revenue up by 3% to Rs. 215 Cr

 Consolidated Financial Performance for Q2FY20 v/s Q2FY19 (Corresponding Year)

• Revenue of Rs. 214.60 crore v/s. Rs. 204.96 crore [á 5%]
• EBITDA of Rs. 36.87 crore v/s. Rs. 37.34 crore
•  PAT of Rs. 35.72 crore v/s. Rs. 49.52 crore

Consolidated Financial Performance for Q2FY20 v/s Q1FY20 (Corresponding Quarter)

• Revenue of Rs. 214.60 crore v/s. Rs. 207.57 crore [á 3%]
• EBITDA of Rs. 36.87 crore v/s. Rs. 31.64 crore
• PAT of Rs. 35.72 crore v/s. Rs. 28.50 crore

Consolidated Financial Performance for H1FY20 v/s H1FY19 (Corresponding Year)

• Revenue of Rs. 422.18 crore v/s. Rs. 399.67 crore [á 6%]
• EBITDA of Rs. 68.52 crore v/s. Rs. 65.26 crore
• PAT of Rs. 64.22 crore v/s. Rs. 88.68 crore

Hyderabad November 1, 2019: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the second quarter ended September 30, 2019.

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Mumbai, 20^th September 2019: Mr. Nitin Gadkari, Hon’ble Minister for Road Transport & Highways of India and Ministry of MSME, presented the ‘Corporate Leader of the Year’ award to Mr. C V Subramanyam Chairman & MD, Cigniti Technologies at the 15th Indo-American Corporate Excellence (I-ACE) Awards on Friday, September 20, 2019, in Mumbai. The award recognizes businesses which have served as an industry benchmark, showcased high performance, and discharged their fiduciary duties to all stakeholders effectively.

Cigniti Technologies, a global leader in independent quality engineering services, has been recognized for its significant contributions to Indo-U.S. trade. Cigniti has displayed laudable capability in delivering global business projects while enabling seamless digital transformation for its clients. This proficiency of the company has helped its clients to radically rethink their key business processes and achieve performance breakthroughs meeting their digital goals.

Speaking on the occasion, Mr. C V Subramanyam, Chairman & MD, Cigniti Technologies Ltd. said, “We are happy to have won the Corporate Leader of the Year award. This award strengthens the presence of brand Cigniti in US & India and aligns with our vision and global aspirations of working with Fortune 500 companies. I extend my gratitude towards our dedicated employees and loyal customers without whom this journey would be incomplete.”

The I-ACE Awards was established in 2004 by the Indo-American Chamber of Commerce (IACC) to celebrate corporate excellence and recognizes top Indian Companies in the US and US companies in India in various categories. The award ceremony was attended by over 300 distinguished guests including representatives from the Indo-U.S. business community, IACC members, members of the American and other diplomatic communities, leading expatriates and celebrities.

About Cigniti Technologies:

Cigniti Technologies Limited, Global Leader in Independent Quality Engineering & Software Testing Services, is headquartered at Hyderabad, India. Cigniti’s 2,300+ experienced professionals are spread across US, UK, India, Australia, and Canada. Cigniti is the world’s first Independent Software Testing Services Company to be appraised at CMMI-SVC v1.3, Maturity Level 5, and is also ISO 9001:2015 & ISO 27001:2013 certified. Cigniti’s test offerings include Quality Engineering, Advisory & Transformation, Digital Assurance, and Quality Assurance solutions.

Contact: Midhun.pingili@cigniti.com

8^th Aug 2019, Hyderabad, India & London, UK: Cigniti Technologies (UK) Ltd., a wholly owned subsidiary of Cigniti Technologies Ltd. (headquartered in India), is ranked as the one of the fastest growing companies in the United Kingdom in the report titled “India meets Britain Tracker 2019” released by Grant Thornton in collaboration with Confederation of Indian Industry (CII).

Grant Thornton analysed data from almost 850 UK-incorporated limited companies that are owned directly or indirectly, or controlled, by either an Indian-incorporated parent or an Indian citizen resident outside the UK. Grant Thornton mentioned that Cigniti’s latest growth in the UK was pegged at 38.78%. Cigniti is ranked at 22 out of the 842 companies released by Grant Thornton. Cigniti Technologies (UK) Ltd. started operations in 2014.

Speaking on the occasion, Mr. Srikanth Chakkilam, CEO – Cigniti Technologies said, “This ranking shows how committed we are in strengthening our presence in the UK. We are working with several leading enterprises which are part of Global 2000 companies. Independent software testing and quality engineering services are poised to grow at a high rate in this region and Cigniti is one of the highly ranked organisation for independent quality engineering and software testing services. I am confident that we will grow multi-fold in the years to come.”

Dr. Andrew Fleming, British Deputy High Commissioner to Andhra Pradesh and Telangana, said,  “There are 842 Indian companies operating in the UK, with combined revenues of almost £48 billion and employing 104,783 people. In the last 5 years, our association with Cigniti Technologies has become more strategic. We commit to help Cigniti in all its endeavors towards their growth in the UK. Cigniti is one of the very few IT companies ranked in top 25 fastest growing Indian Companies in the UK.”

About Cigniti

Contact: Midhun.pingili@cigniti.com

Consolidated FY19 Revenue up by18% to Rs. 816 Cr 

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Consolidated Q3FY19 Revenue clocked Rs. 210 Cr

Consolidated Financial Performance for Q3FY19 v/s Q3FY18 (Corresponding Quarter)

· Revenue of Rs. 209.97 crore v/s. Rs. 177.13 crores [á 18.5%]

· EBITDA of Rs. 38.70 crore v/s. Rs. 16.76 crore

· PAT at Rs. 28.79 crore v/s. Rs. 8.25 crore

Consolidated Financial Performance for Q3FY19 vs Q2FY19 (Sequential Quarter)

· Revenue of Rs. 209.97 crore v/s. Rs. 204.95 crores [á 2.5%]

· EBITDA of Rs. 38.70 crore v/s. Rs. 37.14 crore

· PAT at Rs. 28.79 crore v/s. Rs. 49.53 crore (refer note below)

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