Cigniti Technologies has developed niche software testing skills, which is driving its growth
C.V. Subramanyam has an ambitious goal. The founder of Cigniti Technologies aims to increase the software testing company’s revenue nearly five-fold to INR 19,924.49 million in 2017/18 from INR 4,184.14 million in 2014/15. The odds are in his favour. For, the company has expanded at a rapid pace over the past few years.
Cigniti’s journey began in 1998 when Subramanyam set up Chakkilam Infotech, a generic IT services company. For almost a decade the company remained an also-ran in a sector crowded with IT services providers. It was in 2008 that the company shifted gears. Srikanth Chakkilam, Subramanyam’s son, had returned from the US with a masters degree in computer science from University of Southern California. He felt that the future lay in picking niche areas for growth and they decided to become a software testing services company.