Category technology

NOIDA, India and NEW YORK, July 20, 2023: HCLTech, a leading global technology company, has joined the XR Startup Program, an initiative between Meta and the MeitY Startup Hub to discover, nurture and accelerate extended reality (XR) technology startups in India.

“We are thrilled to participate in the XR Startup Program to mentor and support startups and innovators in emerging technologies including augmented reality, virtual reality and mixed reality. Digital engineering is of strategic focus to HCLTech and our involvement in this program reinforces our commitment to nurturing emerging technologies and innovation to drive all-around growth,” said Vijay Guntur, President, Engineering and R&D Services, HCLTech.

As a knowledge partner of this program, HCLTech will help foster a vibrant ecosystem in which Indian startups can pioneer and develop innovative services, hardware and software solutions with focus on education, healthcare and agri-tech, creating significant economic, social and environmental impact.

“The XR Startup Program is playing a crucial role in supporting startups embrace extended reality technologies. We are delighted to collaborate with HCLTech for this program. Their leadership and guidance as a trusted partner will greatly benefit the program participants and further Meta’s vision of nurturing immersive technologies and innovation in India to make the country a hub for these emerging technologies,” said Shivnath Thukral, Director and Head Public Policy, India, Meta.

HCLTech’s subject matter experts will provide one-on-one mentorship to the startups, leading thought leadership sessions and providing valuable business and industry perspectives. As the program progresses, the startups may leverage HCLTech’s global infrastructure, next-generation engineering technology and innovation labs to develop, test and validate their use cases.

“MeitY Startup Hub’s focus on innovation and entrepreneurship has made India the third largest startup ecosystem in the world. The next wave of innovation, transformation and investments is in XR technologies and the metaverse, and the ‘XR Accelerator’ program will ensure that Indian startups are at the forefront of developing, launching and scaling immersive technology solutions for the global markets. Active collaboration of the academia and industry leaders provides practical guidance and support to the startups to become leaders for this new era,” said Jeet Vijay, CEO, MeitY Startup Hub.

The XR Startup Program is contributing to India’s efforts in establishing a foundation for the metaverse while fostering the development of XR technologies within the country. This aligns with the country’s vision of transforming the next decade into a ‘Techade’, enabling opportunities for the youth of India.

The Indian Music Experience Museum (IME) will host a lecture demonstration by Dr. Kaustuv Kanti Ganguli. It will look at new psychoacoustic and scientific approaches to music appreciation in the context of Hindustani Music.

Dr Ganguli will illustrate how our auditory system perceives and processes the rich tonal intricacies of ragas and share insights on how pitch, timbre, and rhythm interact to evoke deep emotional responses. Further, delving into the intersection of music and technology, the lecture will demonstrate how computational models can aid in understanding the structural patterns, melodic variations, and improvisational techniques employed in Hindustani classical music.

The lecture will be followed by a Khayal performance exploring the expressive world of Raag Bhairavi.

Accompanying artists;

Dr. Ravindran Katoti (Harmonium)
Shri Yogeesh Bhat (Tabla)

Venue: Indian Music Experience Museum, JP Nagar 7th Phase, Bengaluru.
Date: 20 July 2023
Time: 05:00 pm to 07:15 pm
Event is open to all.

Mumbai, 6th July 2023 – Quick Heal Technologies Ltd., a leading global cybersecurity solutions provider, is pleased to announce the appointment of Vishal Salvi as the new Chief Executive Officer (CEO) of the company, effective immediately. Salvi, a former executive at Infosys, brings with him over 29 years of experience in driving excellence in the cybersecurity and information technology domains in India and globally.

Prior to joining Quick Heal Technologies, Salvi held the position of Global Chief Information Security Officer, Business Head of Cybersecurity Service Line & Senior Vice President at Infosys Ltd. During his tenure, he played a crucial role in shaping the information and cyber security strategy across the Infosys Group. Salvi’s extensive expertise in cybersecurity and information technology has been honed through various leadership roles at renowned organizations such as PwC, HDFC Bank, Standard Chartered Bank, Global Trust Bank, Development Credit Bank, and Crompton Greaves.

Dr. Kailash Katkar, Chairman and Managing Director, Quick Heal Technologies Ltd., will continue the role of Chairman and Managing Director. Dr. Katkar’s exceptional leadership has been instrumental in the company’s remarkable growth and success. Under his visionary guidance, Quick Heal expanded its presence in the enterprise cybersecurity space in 2015 with the introduction of the acclaimed brand ‘SEQRITE’ while retaining a dominant market share in the retail segment. With his proactive direction, the company embraced a goal to make ‘Cybersafety a fundamental right for all’ and continue to make significant efforts to address the awareness gaps that have left billions of individuals, businesses, and governments vulnerable to cyber-threats worldwide.

Expressing his confidence in the new leadership appointment, Dr. Kailash Katkar stated, “I warmly welcome Vishal Salvi to the Quick Heal family. Our team has tirelessly worked to deliver robust cybersecurity solutions, and I take immense pride in the significant business value we have created for all stakeholders. With customer centricity and innovation as our driving forces, I am confident that Quick Heal will continue to secure individuals, organizations, and nations. Together with Vishal Salvi as our CEO, we are fully committed to transforming the cybersecurity ecosystem in India and solidifying our position on the global map.”

In response to his appointment, Vishal Salvi commented, “I am deeply honored to assume the role of CEO at Quick Heal Technologies Ltd. Quick Heal has earned a solid reputation as a trusted leader in the cybersecurity industry, and I am incredibly excited to lead this exceptional team into the future. In the face of constantly evolving cyber threats and the critical importance of prioritizing digital security, I am fully committed to the shared goal of making ‘Cybersafety a fundamental right for all.’ I am eager to drive growth, cultivate a culture of innovation, and provide unmatched value to our customers and stakeholders. Together, we will strive to create a cyber-secure world for everyone.”

The appointment of Vishal Salvi as the CEO and with Dr. Kailash Katkar as the Chairman and Managing Director marks a significant milestone for Quick Heal Technologies Ltd. Their combined expertise, leadership, and industry knowledge will further fortify the company’s position as a global leader in cybersecurity.

Bangalore, 05th July 2023 – Lloyds Banking Group, one of the leading UK-based financial services groups has announced the appointment of Sirisha Voruganti as the Chief Executive Officer and Managing Director of its new Lloyds Technology Centre, based in Hyderabad, India. Ms Voruganti, a globally renowned technology and innovation leader joins from JCPenney, where she has served as the Managing Director and member of the Board for JCPenney in India.

Ms. Voruganti has extensive experience in IT architecture, data engineering, and fintech innovation and has held several senior technology positions in multiple global firms. She was the first woman Managing Director for JP Morgan Chase in Technology in India and has served as an Executive Vice President of Architecture, Data and Shared Services for Mastercard.

Ms. Voruganti is passionate about building a high-performing engineering organisation as well as being committed to promoting diversity and inclusion within technology roles. Her impressive track record includes steering organisations through significant transformation and has been an inspiration for women in technology, exemplified by her creation of India’s first safety device for women’s protection.

Sirisha Voruganti said: “I am thrilled to be leading Lloyds Technology Centre during this pivotal phase of Lloyds Banking Group’s digital transformation. The new technology centre will allow us to tap into the extraordinary technology talent and expertise in India. It presents an incredible opportunity for brilliant and enthusiastic people looking to enhance their skills to drive innovation for Lloyds Banking Group’s customers.”

Commenting on the appointment, Ron van Kemenade, Group Chief Operating Officer at Lloyds Banking Group said: “Welcoming Sirisha Voruganti marks a significant stride forward in our plans to establish our new technology centre. With her outstanding background, extensive experience and leadership qualities, I’m delighted that she’s chosen to join Lloyds Technology Centre and excited about her passion for using technology and innovation to deliver great experiences for our customers.”

Sirisha Voruganti will assume her role as CEO and Managing Director of Lloyds Technology Centre later this month, overseeing its establishment and longer-term growth strategy.

Bengaluru,6th July 2023 To provide advanced powering solutions for India’s gas power sector, GE Vernova’s Gas Power business (NYSE:GE) and Bharat Heavy Electricals Limited (BHEL) announced today the continuation of their long-term cooperation with the fourth extension of the Technical Assistance and License Agreement including scope for the engineering and manufacturing of heavy-duty gas turbines in India. The signing of the agreement is an extension to the collaboration between the two power sector industrial companies that started in July 1986.

The agreement signing ceremony was attended by Dr. Nalin Shinghal, Chairman & Managing Director, BHEL; Mr. Jai Prakash Srivastava, Director (Engineering, Research & Development) & Director (Finance – Addl. Charge) BHEL; Mrs. Renuka Gera, Director Industrial Systems & Products, BHEL; Mr. Deepesh Nanda, CEO, GE Gas Power South Asia and President & CEO, GE Aero-derivative Business, Gas Power Asia and other senior officials from GE and BHEL. Mr. Theodoros Stamatiadis, Executive Counsel (IP), GE Power also participated in the meeting virtually.

Through this agreement, GE Vernova’s Gas Power business will continue to strengthen BHEL’s capabilities to offer best-in-class gas turbine technology and help meet the power plant requirements of customers. Till date, BHEL has supplied about 230 GE gas turbines to various oil refineries, process industries, and utilities in India and overseas. The above cooperation is also contributing towards reshaping India’s energy roadmap by promoting indigenous manufacturing capabilities, creating new job opportunities, and expanding the supply chain network. It is a testimony to Atmanirbhar Bharat (Self-reliant India) and Make In India initiatives, and also aligned with India’s Power Vision.

“BHEL has been providing innovative technological solutions in the power sector and embracing collaborations built on values of trust and commitment towards creating a more sustainable ecosystem. Our long-term association with GE helped us in building a robust energy value chain, offering a comprehensive portfolio of gas turbine powering solutions, and setting new industry benchmarks, while we look forward to achieving new milestones in the energy sector. With the new agreement, we will also be able to offer hybrid powering solutions by using GE’s aero-derivative gas turbine technology and support the growth of renewable energy in India.” said Mr. Jai Prakash Srivastava, Director (Engineering, Research & Development) & Director (Finance – Addl. Charge) BHEL.

“Over the decades, GE is helping to address global challenges in the energy sector by offering innovative and disruptive technology that can drive energy transition forward and helping nations to reduce emissions in the power sector in more than one ways. Both GE and BHEL have created a strong legacy of providing integrated solutions to the power plant owners – delivering higher efficiency, reliability and availability of the gas turbine units. We can together bring a significant shift to reduce emissions in the gas power sector, especially in India.” said Mr. Deepesh Nanda, CEO, GE Gas Power South Asia.

India’s focus to achieve net zero emissions and include green hydrogen into the energy mix would need future ready powering technology. Today, GE has 120+ gas turbines supporting power generation with hydrogen blends and associated fuels around the world and the fleet has accumulated more than 8.5 million operating hours. GE’s gas turbine portfolio, including the B- and E-class, has the capability to burn hydrogen levels from 5% (by volume) up to 100%. This capability varies depending on the type of combustion system used. At the same time, gas-based power can also provide a cleaner base load power as compared to coal-fired power generation, at the grid level, to the growing base of intermittent renewable energy in India. As per the agreement, the BHEL customers can now have access to GE’s advanced gas turbines that are capable of burning blends of hydrogen, methanol, syngas and other low BTU fuels, contributing further towards accelerating energy transition in India and region at large.

Additionally, GE and BHEL are providing comprehensive engineering, repairs and maintenance services to the gas power plant operators in the region. These services are offered by BHEL-GE Gas Turbine Services (BGGTS) Private Limited, a 50:50 joint venture between GE and BHEL. Established in 1997 and located in Hyderabad, BGGTS is synergizing advanced class gas turbine technology with local engineering capability.

Milan, June 28, 2023 – Sababa Security S.p.A. – a leading Italian cybersecurity player that provides an integrated and customised offer of products and managed services to protect different IT, OT, and IoT environments from cyberthreats – announces that it has signed a partnership agreement with Radiflow, a leading global vendor of OT cyber security solutions for advanced protection, monitoring and risk management of industrial systems and critical infrastructures.

Attacks to OT systems and critical infrastructure are an ever-increasing threat with potentially severe consequences, including damage to the infrastructure itself, disruption of production processes, and even harm to the environment and public safety. In 2022, we’ve witnessed a heightened frequency of cyberattacks on key industry suppliers, with manufacturing ranking first among the most target sectors and vulnerability scanning being the preferred method of attack.

Bringing together their cybersecurity expertise and industrial know-how, Sababa Security and Radiflow join forces to enhance organisations’ ability to identify vulnerabilities, mitigate risks, and respond effectively to OT cyber threats. From risk assessment & management platform to ongoing monitoring and training, the two companies will be offering industrial enterprises tailored technologies and services to meet their industry-specific needs and empower their critical infrastructure.

“Sababa Security already protects several critical infrastructures in industries such as oil and gas, utilities, energy generation and distribution, and is constantly investing in R&D within the OT field thanks to the strong collaboration with universities and Competence Centres such as Start 4.0 – of which the company is a member”, commented Alessio Aceti, CEO of Sababa Security “In this respect, the partnership with Radiflow allows us on the one hand to strengthen our technical offering and on the other hand to support customers in achieving compliance with recognized cybersecurity standards, including the New Machinery Regulation (NMR) and IEC 62443”.

“Radiflow’s team is known, globally, for its cybersecurity expertise and reputation in the OT world.
Backed by research and led by innovation, we are committed to exceeding expectations by tailoring solutions to our clients’ industry-specific needs, stated Ilan Barda, CEO of Radiflow. Radiflow develops trusted Industrial Cyber Security Solutions for critical business operations. We offer a complete portfolio of game changing solutions for ICS/SCADA networks that empower users to maintain visibility and control of their OT networks, including an Intelligent Threat Detection tool that passively monitors the OT network for anomalies, as well as our unique CIARA platform delivers OT Risk Management with a clear understanding of Organizations’ continuous risk postures, a Risk score as well as a high-level view of each site’s status. The partnership with Sababa Security allows our joint clients to achieve their risk posture objectives over time and address their OT vulnerability issues.”

Hyderabad, 24th June 2023….. Technology for the sake of technology will not survive. Digital Transformation must improve user experience, customer experience, bottom line and behaviour said Chief Guest, Mr SGK Kishore, Executive Director (South) and Chief Innovation Officer – GMR Airports at GMR Group, (Ex. IAS) at the Impetus, a full-day innovative conclave held at HICC on Friday, aimed at driving digital transformation and empowering industries held on Friday at HICC.

He was delivering a keynote address on Digital Transformation and gave his perspective. He described the event as unique and timely. It is an opportune time, he said and that the day-long conference was planned for discussions on new technologies, embracing technologies and digital transformation. And a good part of the conclave, he said, that most of the participants are MSMEs, for whom technology is an essential part of their business. It is important for them to remodel their business.

There are three aspects to Digital Transformation as I understand, the top official of GMR Airports said. We keep hearing three different buzzwords—Digitization, Digitalization and Digital Transformation. Digitization is the initial step in using digital tools. Digitalization is about bringing in products and solutions. Mother of all these two is Digital Transformation. It is about how an organization transforms using digital technologies. It is more about their behaviour, their culture. The end objective is to improve their bottom line, culture, user engagement etc.

At GMR we have been focusing on new-age technologies. Our chairman is an ardent fan of embracing new-age technologies. With digital transformation, every business leader must behave like a technology leader. Digital Transformation is a continuous process. It is like fitness. It is a continuous effort. It is about non-technology companies also behaving like technology majors.

It should make everyone in an organization feel that he is an entrepreneur and ensure entrepreneurial behavior.

Drawing a parallel to Hindu Mythology, the bureaucrat turned business leader, SGK Kishore said Lord Brahma is the creator, Vishnu the sustainer, and Shiva destroyer and restorer. The modern businessman has to view digital transformation as creative destruction. Whatever you have created must destroy for good and better. They must think differently. Look at collaborative efforts, he added.

People own GMR Airport. They think it is theirs. It is a people’s airport. The leadership has been successful in transforming the airport into what it is today in the last ten years and digital transformation is one of the key factors for what it is today. The digitally transformed airport resulted in increasing process speed, storage capacity and better services. Aviation is a highly regulated sector. Minute details must be dealt carefully. Digital Transformation is very important to all sectors. He congratulated the joint organisers, FTCCI and HYSEA for identifying a very topical subject for the conclave.

Welcoming the gathering Mrs Manisha Saboo, President, HYSEA, and Vice President, Infosys said collaboration is the way forward. Today is a special day. Two great organisations HYSEA and FTCCI have come together first time to host jointly this conference. She talked about the power of collaboration. Chat GPT, an artificial intelligence chatbot developed by OpenAI which is the talk of the world is a collaborative effort.

Anil Agarwal, President of FTCCI said the kind of digital transformation happening in the last decade is an eye-opener. But, somehow MSMEs are left behind in this race. If you need to be globally relevant in a time when our economy is fast developing and hoping to be the world’s number one by the year 2047, we must encourage more and more MSMEs to embrace technology and transform their businesses digitally. Though covid accelerated this process, more impetus must be given to that sector, he observed.

Sri JA Chowdary, Founder, ISF, and former President of HYSEA said he heard when he was an IT advisor to Chief Minister Shri Chandra Babu Naidu, an SBI chairman saying ‘we are a technology company and we also do banking”. This is how one should look at their company and transform digitally. I also know of an incident where a PSU has taken one and half years to build a mammoth Data Logger, which later failed to work. Later the PSU imported a tiny machine, which did its job. Taking failures like this into account many refrained from getting digitally transformed, he said. Unless you are digitally transformed, you cant survive. Today many banks have fewer branches and more transactions. And they work 24×7, 365 days. That is the power of digital transformation he added. The theme is very apt and it is an ideal time to the organisation a one-day conference on the same.

Shri K Mohan Raidu, CEO, of Informatics India, and Chair of the IT Committee, FTCCI in his introductory remarks stressed the importance of digital transformation, which he said will put technology at the core of the business strategy. This would reduce operating costs and increases efficiency.

Pankaj Diwan, Founder and CEO, of Ideas labs Future Tech Ventures, who later in the day moderated a celebrity fireside chat with Raja, Chief Executive Officer, of Biliti Electrics, said, the Impetus was an effort to bring the business leaders from Traditional, Core Industries who are primarily members of FTCCI and IT Solution Providers who are primarily members of HYSEA come together on one forum. The purpose is to create and promote awareness of Digital transformation and implementation of digitalization in the core business processes.

The inaugural of Impetus was followed by four different tracks focused on industries such as Agri-tech, Food Processing, Manufacturing and Pharma and Healthcare industries. They focused on ‘Unlocking the Potential by Adapting and Accelerating Digital Transformation & Digital Innovation”.

UTOMATR a product developed by a startup was launched during the inaugural function.

In conjunction with the program, an expo was also scheduled to explore digital
solutions by participating delegates.

It was a distinguished gathering of over 250 industry leaders, government officials, and technology enthusiasts. It will be a platform for meaningful networking and knowledge sharing.

16th June 2023  Zicuro Technologies Pvt. Ltd., an emerging FinTech company providing back office software solutions for derivatives market participants, and Cosmos Group, a renowned turnkey project company, have entered into an MoU to facilitate the development and enhancement of capital market infrastructure in developing countries.

The partnership between Zicuro Technologies and Cosmos Group brings together their respective expertise and resources to offer comprehensive solutions tailored to the unique needs of developing countries and emerging economies. By combining Zicuro’s deep financial markets understanding and expertise along with Cosmos Group’s international project handling capabilities, the collaboration aims to streamline and modernize the capital market infrastructure, enabling deeper market participation to attract FPI’s in emerging economies.

The collaboration is focusing on countries such as Kenya, Nicaragua, Tanzania, Algeria. It is estimated that each of these economies may present a market potential of USD 50 million and Zicuro is eyeing a 10% market share of approx USD 5 mn by 2025.

Zicuro Technologies Pvt Ltd, has successfully commissioned Custodial Services solutions for one of India’s largest Private Sector Banks in the Gift City. It is at an advanced stage of finalizing similar arrangements with other Private Sector Banks having a presence in the Gift City.

Commenting on the partnership, Mr. Abhishek Bansal, promoter of Zicuro and also founder of Abans Holdings Ltd (NSE: AHL) said, “Expanding into the international market is a significant milestone for Zicuro Technologies. We are delighted to partner with Cosmos Group for our global expansion plans. Indian FinTech companies have emerged as drivers of the Indian Financial Markets and we are taking this expertise to the global stage. The economies in developing companies will be able to strengthen their capital market infrastructure, enabling them to attract investments, foster economic growth, and drive financial inclusion.

Zicuro Technologies, led by visionary entrepreneur Abhishek Bansal, has gained recognition for its secure and comprehensive systems catering to Custodians, brokers, trading desks, and banks. The advanced features offered by Zicuro’s solution, ranging from trading and risk monitoring to regulatory reporting and compliance, provide market participants with a hassle-free experience in trade settlement across various asset classes.

Cosmos Group, an ISO 9001-2015 certified company, brings extensive experience in the design, engineering, procurement, and commissioning of turnkey projects. With specialized divisions managed by dedicated professionals, Cosmos Group has excelled in various sectors, including healthcare, infrastructure development, agriculture, ports, renewable energy, and biofuels. Under the leadership of Mr. Anil K. Agarwal, a respected business veteran, Cosmos Group has a proven track record of integrating with global markets and adhering to international standards

CIARA V4.0 boosts compliance with security regulations and best practices while providing effective mitigation guidance. “CISOs are doing more with less, making it challenging to understand their current standing across the OT Cybersecurity landscape,” said Ilan Barda, Radiflow CEO, and Co-founder.

Tel Aviv, Israel, June 6, 2023 – Radiflow, creators of the award-winning OT cybersecurity platform, CIARA, announced the general availability of CIARA 4.0. This release introduces a leading benchmark tool as well as delivers actionable insights for managing and minimizing risk in large multi-site industrial facilities.

Today, CISOs and security teams are responsible for the cybersecurity of OT facilities. However, they lack the ability to evaluate the ever-changing cybersecurity risks to their operations. Unlike other sectors, they can not easily assess risk exposure or the effectiveness of specific security activities. To address this, Radiflow released CIARA 4.0, a data-driven platform that continuously monitors changes in the site topology as well as vulnerabilities and threats, always re-evaluating the risk posture of facilities and their digital components. This continuous monitoring enables the CISO to review the strategic and tactical OT security plans and adapt them if needed.

In order to further assist the CISO with the evaluation of their risk posture, Radiflow is introducing a  new free-to-use cloud benchmark tool. Utilizing collected industry-specific benchmark information based on Radiflow’s vast experience and enriched with CS2AI surveys, the new benchmark tool provides the user with a quick risk posture assessment compared to the industry status and best practices.

“CISOs are under enormous pressure to do more with less, making it challenging to understand their current standing across the OT Cybersecurity landscape,” said Ilan Barda, Radiflow CEO, and Co-founder. “Data-driven CIARA 4.0 automates the delivery of the necessary insights concerning the changes in the risk posture that actually direct users toward optimal security actions.”

At the same time that threat actors are getting more sophisticated and vulnerabilities are becoming more diverse, national and industrial regulatory bodies are tightening cybersecurity regulations. But these are often highly complicated and challenging. For example, while the widely accepted IEC62443 international series of standards provides a detailed map of security controls, it is often too complex for companies to understand and implement. For these situations, CIARA 4.0 delivers a view of Best Practices of Security Controls which are simpler to understand and map better to the planning of security projects in an individual factory or across a sprawling, geographically diverse complex of interlinked facilities.

“A centralized, highly intelligent solution that enables OT cybersecurity teams to identify vulnerabilities, and stay up to date with industry standards and/or best practices, while prioritizing and evaluating mitigation efforts, slashes the investment in time and effort required to conduct secure operations,” explained Michael Langer, Radiflow’s Chief Product Officer. “With the accelerating pace of so many new devices being interconnected via expanding OT networks alongside decades of legacy versions, CIARA 4.0’s ability to automate accurate risk analyses and furnish actionable insights becomes vital for ensuring zero downtime.”

Mumbai,2nd June 2023 Cigniti Technologies Limited, the world’s leading AI & IP-led Digital Assurance and Digital Engineering Services company, has been appraised at CMMI® Development V2.0 Maturity Level 3 for its Digital Engineering Services. This significant milestone reinforces Cigniti’s commitment to excellence and sets new standard in the field of digital engineering.

The Capability Maturity Model Integration (CMMI) is an internationally recognized framework that assesses an organization’s maturity and capability in various process areas. The Level 3 appraisal showcases Cigniti’s establishment of robust and standardized processes for managing and delivering digital engineering services, ensuring consistent quality and efficiency in its offerings. This certification is in addition to the existing CMMI-SVC V2.0 Maturity Level 5 certification for Cigniti’s software testing services.

Acknowledging the achievement, Srikanth Chakkilam, CEO of Cigniti, said, “We are happy to have achieved the CMMI Development V2.0 Maturity Level 3 appraisal for our Digital Engineering Services. This achievement is aligned with our mission to become a $1 Billion company. It lays a strong path to help increase the confidence of our customers in our ability to offer world-class digital engineering services on top of our existing market leading digital assurance services. We remain committed to leveraging our standardized processes and industry best practices to drive exceptional value for our clients and fuel our continued success. This is a firm step towards marching ahead in achieving our stated goals of growth and being a preferred partner of choice in helping customers accelerate their digital journeys.”

“This certification is a testament to our internal processes and reflects our dedication to meeting and exceeding client expectations. The CMMI Development V2.0 Maturity Level 3 certification benefits our clients by assuring them of our commitment to quality. It provides a more systematic, innovative, robust project management framework and risk-aware approach to project delivery. This certificate also serves as tangible proof of our competence to consistently deliver excellence, empowering our clients with the assurance that they are partnering with a trusted organization for their digital engineering requirements,” said Raghuram Krovvidy, Chief Delivery Officer, Cigniti Technologies.

Mr. Rajiv Shetye, the first SEI-authorized lead assessor in India for the CMMI, performed the appraisal using the latest version of CMMI Development Model V2.0. The appraisal evaluated various aspects of Cigniti’s digital engineering services, including requirements management, planning, technical solution, risk & opportunity management, and quality assurance.