Cigniti Technologies, the global leader in AI and IP-based digital assurance and digital engineering services, has been identified as a “Competitor” in ISG’s Provider Lens™ assessment for Next Generation IT Services for Energy and Utilities, 2022.
“With deep domain expertise and a strong portfolio of technology solutions, Cigniti is well positioned to address industry-specific challenges, as evidenced by this recognition. We have an in-house smart meter and IoT lab that we leverage to deliver digital transformation acceleration projects for our energy and utility customers. We work with some of the world’s largest organizations in the industry, including a multinational energy and utility conglomerate, the largest water utility companies and a major oil and gas company,” said Srikanth Chakkilam, CEO of Cigniti.
Sairam Vedam, CMO at Cigniti, said, “Energy consumption patterns are disruptive, driving the growing use of AI to forecast demand, manage supply, and optimize smart meter network management. As an IP-led company, we are at the forefront of innovation with our expertise in digital insurance and the spectrum of next-generation technologies such as AI/ML, cloud, blockchain and networking. ‘IoT. Our partnerships with leading test tool vendors, hyperscalers, and platform vendors help us be at the forefront of innovation. As we propel ourselves into digital orbit, enabling global organizations to accelerate their digital transformation, we are proud to demonstrate our domain-centric prowess with this recognition from ISG.
The ISG report highlights, “Some of the challenges faced by electric and utility companies include legacy infrastructure, increased technology complexity, changing consumption patterns, growing demands and regulatory conformity. The unique interdependencies between physical and cyber infrastructures also create vulnerabilities, requiring sophisticated security measures.
The next-generation IT services quadrant assesses service providers that offer managed IT services such as application development and maintenance (ADM), infrastructure services (data center, cloud, network, workplace and cybersecurity) and systems integration (such as new application development) across the value chain to enable utilities to increase efficiency, ensure compliance, minimize costs, optimize assets and maximize customer satisfaction.
“The company’s strong presence in quality assurance gives it the right platform to further expand its digital assurance and engineering services across verticals and key technologies,” notes Swadhin Pradhan, Senior Director and Principal Analyst at ISG.
“Independent testing, from a quality assurance perspective, is increasingly recognized as a critical check and balance in capital projects,” says Bob Lutz, Advisor at ISG.
Key strengths of Cigniti are highlighted in the report as follows:
Focus on adding value through technology: As part of its digital insurance services, Cigniti helps customers with digital transformation, with a focus on 5G, IoT, RPA and edge computing. Incight.ai, its AI-powered 360-degree digital customer experience monitoring and sentiment analysis platform, further strengthens its capabilities.
Partnerships and acquisitions: Cigniti has partnerships with leading digital services and consulting firms, as well as hyperscalers focused on areas such as 5G, IoT, analytics and blockchain. Partners include innovate5G, AWS, Snowflake and IBM. It acquired Aparaa Digital (RoundSqr) to strengthen its portfolio of digital engineering services.
Build a solid expertise in the field of energy and utilities: Cigniti’s Energy and Utilities Center of Excellence integrates the capabilities of its other Centers of Excellence in areas such as security, automation, ERP and mobile to deliver end-to-end QA solutions. In addition, it has more than 150 domain experts and long-time customers. The company serves large electrical and utility customers worldwide, with a particular focus on customers in North America. It also has over 3,000 Oracle, SAP, and other accelerators.
Access the full report here.
Cigniti Technologies Limited (NSE: CIGNITITEC; BSE: 534758) is the global leader in AI and IP-based digital insurance and digital engineering services. Based in Hyderabad, India, Cigniti’s 4,100+ employees help Fortune 500 and Global 2000 companies in 24 countries accelerate their digital transformation journey through the various stages of digital adoption and help them achieve market leadership. market by providing transformational services leveraging IP and platform-based innovation with expertise across multiple verticals and domains.
To learn more, visit www.cigniti.com.
ISG (Information Services Group) (Nasdaq: III) is a global leader in technology research and consulting. A trusted business partner to more than 700 customers, including 75 of the world’s 100 largest enterprises, ISG is committed to helping enterprises, public sector organizations, and service and technology providers achieve operational excellence and a faster growth. The company specializes in digital transformation services, including automation, cloud, and data analytics; procurement advice; governance and risk management managed services; network operator services; technology strategy and operations design; change management; business intelligence and technology research and analysis. Founded in 2006 and headquartered in Stamford, Connecticut, ISG employs more than 1,300 professionals operating in more than 20 countries – a global team known for its innovative thinking, market influence, deep industry expertise and technology, as well as its world-class research and analysis. capabilities based on the most comprehensive market data in the industry. For more information, visit www.isg-one.com.