Cyient, a leading global Technology Solutions company, today announced that it is set to acquire the Singapore-based firm Grit Consulting, which has deep-rooted expertise in consulting for asset-intensive industries like metal mining and energy.
This acquisition will enable customers across sectors to draw value from the Grit’s deep knowledge and technology solutions capabilities.
Extends the capability of Consulting, further enabling our Consulting-led, Industry-centric, Technology Solutions growth aspiration Provides access to new customer portfolios Leverages customer, geographic, and talent synergies to enable expansion and deepen our mining industry footprint
The global consulting services market is growing exponentially, and the acquisition of Grit Consulting will empower to accelerate its consulting capabilities and deliver innovative technology solutions to its customers.
Grit is well established in the mining and energy space and will allow for the rapid expansion and deepening of footprint in these industries by leveraging customer, geographic, and talent synergies.
To complement this, Cyient continues to invest in developing innovation hubs and CoEs to strengthen its digital transformation capabilities and provide innovative solutions to its customers.
“We are expanding our Cyient Consulting practice with this investment. It aligns with our consulting-led growth strategy, and we see great synergies across talent, footprint, and customers. With Grit Consulting’s expertise in business transformation and our technology solutions capabilities, we can deliver strategic outcomes for our customers”.
Cyient’s MD and CEO, Krishna Bodanapu, said,
“We are extremely honored to be acquired by Cyient and see enormous synergies in supporting our customers given Cyient’s international reach and technology capabilities, We believe that this coming-together of Cyient’s technology solutions and our innovative socio-technical design consulting approaches will further strengthen our capabilities to enable sustainable performance improvements and cultural enhancement across the organization.”
said Jeremy Brown, Founding Partner, Grit Consulting.
About Cyient
Cyient (Estd: 1991, NSE: CYIENT) is a leading consulting-led, industry-centric, global Technology Solutions company. We enable our customers to apply technology imaginatively across their value chain to solve problems that matter.
We are committed to designing tomorrow together with our stakeholders and being a culturally inclusive, socially responsible, and environmentally sustainable organization.
About Grit Consulting
