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Cigniti Technologies is now a proud Underwriter of CharlotteCIO

Charlotte, 22nd Oct 2020: Cigniti Technologies, a global leader in independent quality engineering and software testing services, is now a strategic Underwriter of CharlotteCIO, a local arm of the International CIO Leadership Association (ICLA). Together, they intend to foster technology innovation, help Charlotte IT community become aware of the best practices and trends being implemented, and bring together the CIOs of Charlotte to a single platform.

As an Underwriter of CharlotteCIO, Cigniti would be a part of the InspireCIO programs such as CharlotteCIO Advisory Board Meetings, Nominee Events, Finalist Events, CIO Only Programs, the Wine Experience, and the Charlotte CIO of the Year ORBIE Awards and support its expansion by promoting and leveraging key resources.

Speaking on this association, Pradeep Govindasamy, President & CTO at Cigniti Technologies, said, “We are excited to be a part of this association with CharlotteCIO, which brings together the CIOs across industries of Charlotte. This association would not only help understand the CIOs’ perspective about innovation, technology trends and the best practices being implemented across the verticals, but will also help the IT community of Charlotte to learn about the new generation technology leaders and their contributions via a vast leadership network on a single platform."

InspireCIO programs are made possible through the corporate support of strategic partners known as Underwriters. These organizations represent the highest-level investors in local chapters and the senior executives of Underwriter organizations are regarded as peers by the CIOs serving on the CharlotteCIO Advisory Board.

About Cigniti:
Cigniti Technologies is a Global Leader in Independent Quality Engineering & Software Testing services. Cigniti’s 2,500+ experienced professionals are spread across US, Canada, Australia, UK, India, UAE, and South Africa. We are a strategic quality engineering partner for leading global organizations and assist them in accelerating time-to-market by predicting and preventing unanticipated failures, leveraging AI-driven, proprietary Continuous Testing & Test Automation solutions, with customer-centricity at the core of the transformation. Our test offerings include QE, Advisory & Transformation, Digital Assurance, and QA solutions.

About CharlotteCIO:
CharlotteCIO is the preeminent professional association for Charlotte chief information officers. It is a peer-based approach to helping CIOs maximize their leadership effectiveness, create value, reduce risk and share success. Our membership is comprised exclusively of CIOs (or equivalent executive roles) from public and private companies, government, education, healthcare and non-profit organizations.

For further details, please contact:

Cigniti Technologies Q4FY20 Revenue

Cigniti Technologies Q4FY20 Revenue:
Consolidated Revenue Rs. 233.04 crores and Net Profit Rs. 29.26 Cr
Standalone Revenue Rs. 78.65 crores and Net Profit Rs. 15.79 Cr

Consolidated Financial Performance for FY20 v/s FY19 (Corresponding Year)

  • Revenue of Rs. 871.97 crore v/s. Rs. 816.08 crore [á 7%]
  • EBITDA of Rs. 128.69 crore v/s. Rs. 132.77 crore
  • PAT of Rs. 121.60 crore v/s. Rs. 147.36 crore

Consolidated Financial Performance for Q4FY20 v/s Q4FY19 (Corresponding Year)

  • Revenue of Rs. 233.04 crore v/s. Rs. 206.44 crore [á 13%]
  • EBITDA of Rs. 31.55 crore v/s. Rs. 28.82 crore
  • PAT of Rs. 29.26 crore v/s. Rs. 29.88 crore

Consolidated Financial Performance for Q4FY20 v/s Q3FY20 (Corresponding Quarter)

  • Revenue of Rs. 233.04 crore v/s. Rs. 216.75 crore [á 8%]
  • EBITDA of Rs. 31.55 crore v/s. Rs. 28.62 crore
  • PAT of Rs. 29.26 crore v/s. Rs. 28.11 crore

Mumbai, May 7, 2020: Cigniti Technologies Limited, a global leader in independent quality engineering and software testing services, announced the consolidated financial results for the quarter and year ended March 31, 2020.

The company’s Net Profit for FY20 stood at Rs 121.60 crore as against Net Profit of Rs 147.36 crore in FY19.

The company’s Net Profit for Q4FY20 stood at Rs 29.26 crore as against Net Profit of Rs 29.88 crore in Q4FY19; a decrease of 2% Y-o-Y.

The Company’s Consolidated Revenue from operations for the quarter under consideration stood at Rs 233.04 crore as against Rs 206.44 crore in Q4FY19.

EBIDTA for the March quarter was at Rs 31.55 crore and EBIDTA margin stood at 13.5%.

The company’s Net Profit for Q4FY20 stood at Rs 29.26 crore for the quarter ended March 31, 2020 as against Rs. 28.11 crore for the quarter ended December 31, 2019; an increase of 4% Q-o-Q.

Management Commentary
Commenting on the results Mr. C V Subramanyam, Chairman & MD said, “I am happy to announce that Cigniti Technologies Ltd. has maintained a positive growth in FY20. I would like to extend my gratitude to our dedicated employees, clients and other stakeholders for their constant support in these trying times.

“As we move into FY-21, entire world is engulfed with challenges created by crisis. However, this situation shall open up new opportunities and it is all about how quickly we adopt and move forward with new normal and ensure the business continuity. I am confident that industries like Healthcare, Communication, Edu-tech, Public sector, e-commerce, etc. where we have been serving enterprises will yield more revenues in the years to come” he added.

Highlights for the quarter ended March 31, 2020

  • Revenue from top 5 clients contributed approximately 20.2% of the Revenue
  • Travel & Transport, BFSI and Retail & e-Commerce sector contributed the most to the revenue for Q4FY20
  • Revenue split geographically: North America & Canada – 85%, UK & Europe – 11%, Rest of the World 4%

About Cigniti Technologies Limited
Cigniti Technologies Limited (BSE: 534758, NSE: CIGNITITEC,, 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

Midhun Pingili
Cigniti Technologies
Mob: +91 8886093093

Quality Engineering in DevOps World – A Strategic Enabler

Chandra is the Senior Director of Carefirst and is an accomplished IT leader with over 16+ years of experience in Healthcare, Financial Services/Banking, and Mortgage industries with a strong focus on IT Transformation, Digital Enablement, Cost and Operational Efficiencies, Cloud Migration, Strategic Sourcing, Global IT Delivery Model, Account expansions, and large-scale end-end Portfolio/Program management. Strong entrepreneurship skills to identify opportunities for IT innovation, Agile/DevOps, Automation/RPA projects and expertise in cloud model services offerings.

Cigniti Technologies, will be presenting Quality Engineering scenarios across the DevTestOps IT lifecycle that include BDD, Release Automation, Environment, Data, Virtualization, Build, and Continuous Integration/Continuous Delivery.

Join the webinar - "Quality Engineering in DevOps World - A Strategic Enabler" - to understand:

  • The multiple Quality Engineering scenarios across the DevTestOps IT lifecycle
  • The benefits of implementing Quality Engineering in the DevOps World
  • How Quality Engineering ensures the outcomes of DevOps results in market leadership


Webinar on Compelling Benefits of Specialist QA Staffing VS IT Staffing


In this webinar, Andrew Braswell, Senior Research Analyst at a leading Staffing Analyst firm, Staffing Industry Analysts, shared insights on the evolving IT and QA staffing landscape in North America.

Co-speaker, Greg Longaker, National Sales Manager at Gallop Solutions, shared experiences of clients working with specialized QA Staffing organizations and subsequently, the impact of working with specialized QA Staffing partners on the resource quality and project delivery timelines.

This webinar covered:

  • Facts, Figures and Trends in North American IT & QA Staffing industry
  • Changing dynamics and increasing complexities of the Quality Assurance domain
  • Difference between Generalist IT Staffing & Specialized QA Staffing
  • Latest models, concepts related to QA Staffing


Andrew Braswell
Senior Research Analyst, SIA

Andrew Braswell is a Senior Research Analyst at Staffing Industry Analysts (SIA), covering the IT segment of temporary staffing, along with merger and acquisition activity related to the Affordable Care Act. Prior to SIA, spent more than 8 years in equity investment research and was the Director of Research for a boutique investment banking & advisory firm. He has been a featured speaker for many conferences, presentations and media interviews, including CNBC’s Squawk Box.

Greg Longaker
National Sales Manager, Gallop Solutions

Greg Longaker is the National Sales Manager and is responsible for Gallop’s core staffing business. Greg has over 17 years of staffing industry experience as he has worked in a variety of staffing disciplines ranging from healthcare through engineering and for the better part of his career in IT. Greg spent 12 years with Yoh Company with increasing responsibility up to the Area Director.

Mobile Application Security Testing Right before Your Eyes

Mobile Application Security Testing Right before Your Eyes



Usage of smart mobile devices and applications therein has evolved in the past decade. Earlier, apps were mostly developed for gaming and multimedia. Now, the mobile app industry is more focused towards developing advanced apps with rich features that help users manage their finance, healthcare and alike on the move.

The increasing usage of mobile applications demands scrutinizing them for vulnerabilities and security; so that, hackers cannot gain access to confidential and sensitive data that the users store in their devices.

This webinar throws light on some of the best practices and capabilities to understand how a transformation should be planned, designed and executed.

This webinar covers unique security testing aspects for Android and iOS apps. You will learn how to:

  • Operate with a consistent and focused testing approach
  • Have a predictable testing duration and cost
  • Reduce the time and money spent on resolving production defects
  • Have a quantitative approach for identifying release criteria


Ketan Sirigiri
Security Testing Architect

Ketan Sirigiri, Security Testing Architect at Gallop Solutions, with his deep domain expertise in web / mobile application security testing and network penetration testing, has been efficiently helping our clients with security testing of their networks, cloud / mobile / web applications.