Recently, there has been a growing demand for comprehensive field force management solutions in the Utilities and Telecom industries. With rapid sectoral growth across regions, WGIC Member Cyient continues to invest in expanding its market presence while creating sustainable value for all stakeholders. With this acquisition, Cyient will be taking full ownership of WorkForce Delta.
Yuri Margoulis, managing director of WorkForce Delta, said: “We are very excited to join a global engineering and digital technology solutions major in Cyient. Cyient’s world-class engineering and operational technology capabilities combined with our mobile workforce management and field service expertise will allow our customers to build best of breed business and technology solutions to truly bridge the gap between Operational Technology, Information Technology, and Business Operations.”
Two distinct ways
In a video on LinkedIn, Anand Parameswaran, SVP and Global Business Head, Cyient – Digital, welcomed WorkForce Delta team to the Cyient family. “Bringing the consulting expertise of WorkForce Delta and the execution capabilities of Cyient together gives us the opportunity to make strides in two distinct ways – we can deliver complete lifecycle solutions right from creating best practices to implementation that generates tangible value; and second, we’ve identified industry leading platforms that help us deliver value faster to our customers.”
Commenting on the proposed acquisition, Cyient’s MD and CEO, Krishna Bodanapu, said, “Workforce Delta’s growing footprint is a testament to their expertise and the growing market need for streamlined mobile workforce management processes. By leveraging their team of consultants, we aim to become an industry leader in this area across sectors. This acquisition is also in line with our strategic path forward on enabling digital transformation success via our IntelliCyient framework for our customers.” WorkForce Delta, formed in 2015, has a team of consultants with decades of experience advising and executing workforce management programs for corporations globally. This relationship will enable Cyient to offer complete lifecycle solutions from process consulting to solution implementation to analytics and managed support services. Cyient has also built strategic partnerships with multiple industry-leading Mobile Workforce Management platforms. “We are excited to embark on a new chapter for our organization by joining the global Cyient family,” said Yuri Margoulis, Co-Founder and Managing Director, WorkForce Delta. “Cyient’s extensive range of solutions and offerings are highly complementary to our mobile workforce management expertise and we look forward to leveraging both organizations’ capabilities to deliver more innovation, value-add, and business outcomes to our customers around the world.”