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31 Mar

Cigniti Technologies contributes Rs. 50 Lakhs for fighting Corona Virus (Covid-19)

30th March, 2020, Hyderabad: Hyderabad based Cigniti Technologies, Leaders in Software Testing Services, contributed Rs. 50 Lakh to Chief Minister relief fund today, to support Government of Telangana to tackle the unprecedented situation caused by COVID-19. Cigniti’s Chairman & Managing Director, Mr. C V Subramanyam, handed over the cheque to Mr. K T Rama Rao, Minister of IT , Municipal Administration &Urban Development and Industry & Commerce, Govt. of Telangana.

Cigniti Technologies contributes 50 Lakhs for fighting Corona Virus (Covid-19)

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31 Mar

Cigniti Technologies contributes Rs. 50 Lakhs for fighting Corona Virus (Covid-19)

30th March, 2020, Hyderabad: Hyderabad based Cigniti Technologies, Leaders in Software Testing Services, contributed Rs. 50 Lakh to Chief Minister relief fund today, to support Government of Telangana to tackle the unprecedented situation caused by COVID-19. Cigniti’s Chairman & Managing Director, Mr. C V Subramanyam, handed over the cheque to Mr. K T Rama Rao, Minister of IT , Municipal Administration &Urban Development and Industry & Commerce, Govt. of Telangana.

Cigniti Technologies contributes 50 Lakhs for fighting Corona Virus (Covid-19)
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09 Feb

Cignithon- A Cigniti Testing Hackathon

09 February 2020 | 11:30 AM (India Standard Time) | Hyderabad

At Cigniti, we realized that we have talent around us who are deeply passionate about testing, about quality assurance and quality engineering. Efforts were needed to bring together these passionate testers and build a testing community which is based on trust, sharing and collaboration.

This led us to conceptualize Cignithon, Cigniti’s Testing hackathon, which now has become the biggest testing hackathon in town which is helping build Hyderabad’s Software Testing community. The first and the most recent edition received phenomenal response with software testers from more than 54+ companies turning up at the event to battle their wits and uncover defects from live applications! One of the applications tested was a blockchain based app as well!

And of course, there were great prizes on offer and it was a fun-filled event on a Sunday!

If you are looking at being a part of the community, feel free to join in the Hyderabad Software Testing Meetup group to stay updated of the upcoming events!

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22 Jan

Cigniti Technologies Q3FY20 Revenue: Consolidated Revenue Rs. 217 crores and Net Profit Rs. 28 Cr Standalone Revenue Rs. 75 crores and Net Profit Rs. 15 Cr

Consolidated Financial Performance for Q3FY20 v/s Q3FY19 (Corresponding Year)

  • Revenue of

Rs. 216.75 crore v/s. Rs. 209.97 crore [á 3%]· EBITDA of Rs. 28.62 crore v/s. Rs. 38.70 crore

  • PAT of Rs. 28.11 crore v/s. Rs. 28.79 crore

Consolidated Financial Performance for Q3FY20 v/s Q2FY20 (Corresponding Quarter)

  • Revenue of Rs. 216.75 crore v/s. Rs. 214.60 crore [á 1%]
  • EBITDA of Rs. 28.62 crore v/s. Rs. 36.87 crore
  • PAT of Rs. 28.11 crore v/s. Rs. 35.72 crore
Consolidated Financial Performance for 9MFY20 v/s 9MFY19 (Corresponding Year)

  • Revenue of Rs. 638.93 crore v/s. Rs. 609.64 crore [á 5%]
  • EBITDA of Rs. 97.14 crore v/s. Rs. 103.61 crore
  • PAT of Rs. 92.34 crore v/s. Rs. 117.49 crore

Hyderabad, January 22, 2020: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended December 31, 2019.

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22 Jan

Cigniti Technologies Q3FY20 Revenue: Consolidated Revenue Rs. 217 crores and Net Profit Rs. 28 Cr Standalone Revenue Rs. 75 crores and Net Profit Rs. 15 Cr

Consolidated Financial Performance for Q3FY20 v/s Q3FY19 (Corresponding Year)

  • Revenue of

Rs. 216.75 crore v/s. Rs. 209.97 crore [á 3%]· EBITDA of Rs. 28.62 crore v/s. Rs. 38.70 crore

  • PAT of Rs. 28.11 crore v/s. Rs. 28.79 crore

Consolidated Financial Performance for Q3FY20 v/s Q2FY20 (Corresponding Quarter)

  • Revenue of Rs. 216.75 crore v/s. Rs. 214.60 crore [á 1%]
  • EBITDA of Rs. 28.62 crore v/s. Rs. 36.87 crore
  • PAT of Rs. 28.11 crore v/s. Rs. 35.72 crore

Consolidated Financial Performance for 9MFY20 v/s 9MFY19 (Corresponding Year)

  • Revenue of Rs. 638.93 crore v/s. Rs. 609.64 crore [á 5%]
  • EBITDA of Rs. 97.14 crore v/s. Rs. 103.61 crore
  • PAT of Rs. 92.34 crore v/s. Rs. 117.49 crore

Hyderabad, January 22, 2020: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter ended December 31, 2019.

The company’s Net Profit for Q3FY20 stood at Rs. 28.12 crore on a consolidated basis.

The Company’s Revenue from operations for the quarter under consideration stood at Rs. 216.75 crore as against Rs. 209.97 crore in Q3FY19 on a consolidated basis.

EBIDTA for the December quarter was at Rs. 28.62 crore and EBIDTA margin stood at 13.2%.

Other income includes net foreign exchange gain of Rs. 183.51 lakhs and net foreign exchange gain of Rs. 86.89 lakhs for the quarter and nine month ended December 31, 2019 respectively

Management Commentary

Commenting on the results Mr. C V Subramanyam, Chairman & MD said, “This quarter our EBITDA is marginally low due to addition of manpower for commencement of new projects the billing of which commenced from Mid-November and we expect this to even out in the coming quarters. Additionally, we have made investment in sales and marketing cost which shall fuel growth in the subsequent quarters.”

Highlights for the quarter ended December 31, 2019

  • Revenue from top 5 clients contributed approximately 20.6% of the Revenue
  • Travel, Transport, Health Care & BFSI sector contributed the most to the revenue for Q3FY20
  • Revenue split geographically: North America & Canada – 84%, UK & Europe – 12%, Rest of the World 4%

About Cigniti Technologies Limited

Cigniti Technologies Limited (BSE: 534758, NSE: CIGNITITEC, www.cigniti.com), Global Leaders in Independent Quality Engineering & Software Testing Services, is headquartered at Hyderabad, India. Cigniti’s 2,500+ experienced professionals are spread across US, UK, India, Australia, and Canada. Cigniti is CMMI-SVC Level 5 (v1.3) appraised and is ISO 13485:2016, ISO 9001:2015, & ISO 27001:2013 certified. Cigniti’s test offerings include Quality Engineering, Advisory & Transformation, Digital Assurance, and Quality Assurance solutions.

For further information, please contact:

Sanjay Punjabi / Chintan Kotak / Raveena Shetty
Adfactors PR ltd
Mob: 9821080048 / 9920865113 / 9769539969
Email: sanjay.punjabi@adfactorspr.com
chintan.kotak@adfactorspr.com
raveena.shetty@adfactorspr.com

Midhun Pingili
Cigniti Technologies
Mob: +91 8886093093
Email: midhun.pingili@cigniti.com

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01 Nov

Cigniti Technologies Consolidated Q2FY20 Revenue stood at Rs. 215 crores and Net Profit at Rs. 36 Cr

Consolidated Q2FY20 Revenue up by 3% to Rs. 215 Cr

 Consolidated Financial Performance for Q2FY20 v/s Q2FY19 (Corresponding Year)

  • Revenue of Rs. 214.60 crore v/s. Rs. 204.96 crore [á 5%]
  • EBITDA of Rs. 36.87 crore v/s. Rs. 37.34 crore
  •  PAT of Rs. 35.72 crore v/s. Rs. 49.52 crore

Consolidated Financial Performance for Q2FY20 v/s Q1FY20 (Corresponding Quarter)

  • Revenue of Rs. 214.60 crore v/s. Rs. 207.57 crore [á 3%]
  • EBITDA of Rs. 36.87 crore v/s. Rs. 31.64 crore
  • PAT of Rs. 35.72 crore v/s. Rs. 28.50 crore

Consolidated Financial Performance for H1FY20 v/s H1FY19 (Corresponding Year)

  • Revenue of Rs. 422.18 crore v/s. Rs. 399.67 crore [á 6%]
  • EBITDA of Rs. 68.52 crore v/s. Rs. 65.26 crore
  • PAT of Rs. 64.22 crore v/s. Rs. 88.68 crore

Hyderabad November 1, 2019: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the second quarter ended September 30, 2019.

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31 Oct

Cigniti Technologies wins the ‘Corporate Leader of the Year’ award at the 15th Indo-American Corporate Excellence (I-ACE) Awards

September 2019: Mr. Nitin Gadkari, Hon’ble Minister for Road Transport & Highways of India and Ministry of MSME, presented the ‘Corporate Leader of the Year’ award to Mr. C V Subramanyam Chairman & MD, Cigniti Technologies at the 15th Indo-American Corporate Excellence (I-ACE) Awards on Friday, September 20, 2019, in Mumbai. The award recognizes businesses which have served as an industry benchmark, showcased high performance, and discharged their fiduciary duties to all stakeholders effectively.

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14 Oct

Quality Engineering in a SAFe World

Speakers:

Jermaine Oldham - Sr. Director, DevOps, SDLC, & Enterprise Quality Engineering at J.B. Hunt Transport, Inc.

Abstract:

Rather than thinking “I wrote good code”, organizations need to challenge themselves on “How do I know I wrote good code?”
Agile & DevOps are flexible and responsive methodologies that have rules contrary to the traditional mode of testing. Underpinned on the basic principles of Agile Manifesto, a SAFe has built-in quality as one of its four core principles – bringing Quality Engineering into focus. As the users’ demands for faster time to market increases, the need emerges to shift from assuring quality, to shifting left & engineering quality from the beginning. To accelerate software delivery & improve quality, enterprises need to focus on creating a culture of quality based upon Agile & DevOps best practices. In addition, enterprises also need to focus on breaking down cross organizational team silos to accelerate Quality & Speed via Continual Feedback promoting a quality culture driven by continuous delivery & continuous testing. DevOps helps organizations increase accountability for coding best practices, drive predictable production outcomes, and streamline software delivery via automation. SAFe focuses on bringing lean and agile practices into picture to align the traditional processes with the business goals to manage complex architecture and processes with ease and at speed.

Key Takeaways:

Listen to, and learn from Jermaine Oldham and Pradeep Govindasamy, experienced veterans in the industry how to:
Accelerate software delivery & improve quality
Break down cross organizational team silos to accelerate quality & speed via continual feedback
Promote a quality culture driven by continuous delivery & continuous testing

  • Understand How to manage complex architecture and processes with ease and at speed
  • Discover The rewards of implementing Quality Engineering in a SAFe World
  • Learn How continuous testing and continuous delivery facilitate Quality & better ROI
  • Know How to build a culture of quality based on Agile & DevOps best practices

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26 Sep

The Pothole of Automating Too Much

We are back with an interesting topic after a long break.
It gives us immense pleasure to announce our next Meetup with Paul Holland, Sr. Director of Test Engineering at Medidata Solutions as the Speaker.

Meetup Agenda:
3:00 to 4:00 PM (EST) – Meet & Greet; Food & Networking
4:00 to 5:00 PM (EST) – Session Followed by Q&A.

26th September 2019 | 3:00 PM to 5:00 PM EST | Philadelphia

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22 Sep

Cigniti Technologies wins the ‘Corporate Leader of the Year’ award at the 15th Indo-American Corporate Excellence (I-ACE) Awards

Mumbai, 20th September 2019: Mr. Nitin Gadkari, Hon’ble Minister for Road Transport & Highways of India and Ministry of MSME, presented the ‘Corporate Leader of the Year’ award to Mr. C V Subramanyam Chairman & MD, Cigniti Technologies at the 15th Indo-American Corporate Excellence (I-ACE) Awards on Friday, September 20, 2019, in Mumbai. The award recognizes businesses which have served as an industry benchmark, showcased high performance, and discharged their fiduciary duties to all stakeholders effectively.

Cigniti Technologies, a global leader in independent quality engineering services, has been recognized for its significant contributions to Indo-U.S. trade. Cigniti has displayed laudable capability in delivering global business projects while enabling seamless digital transformation for its clients. This proficiency of the company has helped its clients to radically rethink their key business processes and achieve performance breakthroughs meeting their digital goals.

Speaking on the occasion, Mr. C V Subramanyam, Chairman & MD, Cigniti Technologies Ltd. said, “We are happy to have won the Corporate Leader of the Year award. This award strengthens the presence of brand Cigniti in US & India and aligns with our vision and global aspirations of working with Fortune 500 companies. I extend my gratitude towards our dedicated employees and loyal customers without whom this journey would be incomplete.”

The I-ACE Awards was established in 2004 by the Indo-American Chamber of Commerce (IACC) to celebrate corporate excellence and recognizes top Indian Companies in the US and US companies in India in various categories. The award ceremony was attended by over 300 distinguished guests including representatives from the Indo-U.S. business community, IACC members, members of the American and other diplomatic communities, leading expatriates and celebrities.

About Cigniti Technologies:

Cigniti Technologies Limited, Global Leader in Independent Quality Engineering & Software Testing Services, is headquartered at Hyderabad, India. Cigniti’s 2,300+ experienced professionals are spread across US, UK, India, Australia, and Canada. Cigniti is the world’s first Independent Software Testing Services Company to be appraised at CMMI-SVC v1.3, Maturity Level 5, and is also ISO 9001:2015 & ISO 27001:2013 certified. Cigniti’s test offerings include Quality Engineering, Advisory & Transformation, Digital Assurance, and Quality Assurance solutions.

Contact: Midhun.pingili@cigniti.com

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Integrating Automated Testing Into DevOps and Agile
10 Sep

Integrating Automated Testing Into DevOps and Agile

Speaker:

Vibhu Taneja, Director - Head of Transformation, Quality Engineering & Environments at Deutsche Bank

Abstract:

Automation facilitates the ‘test early, test often, test everywhere’ strategy in DevOps & Agile enterprises
Transformation of SDLCs without the transformation of testing approach is just a futile attempt at optimization. Testing used to be an afterthought, a last-minute protocol in legacy SDLCs. Agile and DevOps put testing on forefront, bringing in the ‘shift-left’ mindset. But manual testing takes away the essence of these modern methodologies, thus, making testing an inhibitor rather than a facilitator in delivering quality products at speed. Automated testing upholds efficiency of Agile sprints and empower collaboration in DevOps teams. As enterprises are now adopting an ‘Agile+DevOps’ approach for software development, automated testing becomes the key to a successful and timely deployment. Register for the webinar and join the discussion with Vibhu Taneja and Nanda Padmaraju.

Key Takeaways:

Manual testing is not feasible for a continuous testing strategy. To test everywhere and to test efficiently, automated testing is required in DevOps & Agile enterprises.
With extensive experience in handling complex transformational multi-year programs and business critical transformation projects, Vibhu Taneja and Nanda Padmaraju will help you understand, discover, know, and learn how to integrate test automation into Agile & DevOps.

  • Understand why you should get rid of your traditional testing ways
  • Discover the rewards of bringing automation into the picture
  • Learn how automated testing facilitates business growth
  • Know the ways to integrate automation with your existing approach

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