No, Cyient is not a product based company. Cyient’s primary business model is a global engineering and technology services company. It delivers engineering, manufacturing, digital and data solutions to businesses in all industries. While it is developing some proprietary platforms, and does offer design-led manufacturing in the form of Cyient DLM, its core business is in service to its clients and mostly not selling standalone software or consumer products.

Here is a Quick Overview of Cyient

Company History

Cyient began in 1991 under the name Infotech Enterprises Limited in Hyderabad. B. V. The company was established by R. Mohan Reddy specializing in the field of engineering and GIS services. These reduced the global scope of the company in 1997 by going public and by forming partnerships and acquiring other companies.

During the initial years, Cyient won significant deals in GIS and engineering services. It established good relations with the international aerospace and defense corporations. In 2014, Infotech Enterprises changed to Cyient as it is reflective of its worldwide vision and engineering specialization.

Cyient has purchased a number of companies over the years to expand its service portfolio. It also has engaged in electronics production with Cyient DLM, specializing in solutions to design and manufacturing.

Current Status

Currently, Cyient serves industries including aerospace, defense, transportation, communications, and energy in over 20 countries. The company offers engineering design, manufacturing services, network services, and analytics.

Cyient is a firm that derives the greatest proportion of income through the service contracts with a long term. Its working does not closely resemble that of a common product based IT company which sells packaged software. Rather, it collaborates with its clients to provide bespoke engineering and technology solutions.

Future Outlook

Cyient has committed to increasing its digital engineering and enhancing its presence throughout the world. The company still invests in cutting-edge technologies including data analytics, artificial intelligence, and electronic manufacturing.

Although Cyient can create additional platforms and solutions in the future, it is expected to continue paying high attention to the engineering and technology services.