• This annual listing by CIO Review consists of 20 companies that are at the forefront of providing solutions for the aerospace industry. Cyient has been recognized for driving innovation and growth in the A & D life cycle.
HYDERABAD, India, July 31, 2018 : Cyient, a global provider of engineering, manufacturing, geospatial, networks, and operations management services to global industry leaders, has been named as one of the Top 20 Most Promising Aerospace Tech Solutions Providers by CIO Review magazine. Cyient has been selected for its ability to illustrate the functionality of its services, systems, and solutions, and for being at the forefront of impacting the aerospace market.
Growth prospects for the aerospace industry are at an all-time high with the demand for air travel set to double by 2035 as per The International Air Transport Association (IATA) study and aircraft deliveries projected to continue its growth in the near-future. Commensurate with this increased demand are new requirements for more advanced systems and sensors. The growing access to data and the use of analytics, increased sophistication of avionics, and new protocols and regulations forcing a shift in communications systems are creating a significant inflection point in the market. This growing demand for new technologies and systems has led to OEMs looking for solutions and vendors that can help address challenges caused by these new market shifts and stay ahead of the curve. Cyient stands at the ready to meet these new market challenges, and the company has invested its own resources to prepare in advance of these new requirements to meet these challenges.
CIO Review is on a constant quest to identify emerging players in the technology landscape and assist aerospace companies with identifying solution providers that befit their organizational needs. These 20 companies, charted out by the magazine, offer high-end aerospace technology solutions that help bolster operational efficiency and reduce overhead costs.
“We are proud to be featured in this list of market leaders. Cyient is leading the way by bringing new digital capabilities and advanced electronics solutions that solve both new and traditional A&D problems,” said Anand Parameswaran, Senior Vice President, Aerospace and Defense at Cyient. “This includes solutions such as AR/VR for training and maintenance; digitization of technical publications; use of IoT solutions for connected factories; and data analytics for image processing and dissemination in real-time. What differentiates Cyient from others in the industry is our ability to provide a comprehensive design-build-maintain solution, helping OEMs focus on only one supplier for all their aerospace life cycle management needs,” he added.