Cyient has signed a definitive agreement to acquire a majority stake in Invati Insights, a start-up data sciences company. The new entity proposed to be renamed Cyient Insights to better reflect brand and market aspirations.
Invati will strengthen Cyient’s data analytics capabilities and offerings across a set of chosen industry verticals that continue to demonstrate strong appetite and spend in this area. Invati’s well-established data sciences approach will help Cyient Insights provide robust analytics frameworks and solutions with a strong focus on the ‘Internet of Things’ and advanced analytics.
The blend of Invati’s data sciences core competence and Cyient’s domain expertise creates an integrated consulting, solutions and systems integration portfolio for a number of industries including aerospace, utilities, communications, transportation, energy, and oil and gas. Cyient Insights will focus on analytics aligned to engineering, networks and operations across these verticals.
