wordpress blog stats
Connect with us

Hi, what are you looking for?

Data analytics company Cyient acquires data sciences firm Invati Insights

cyient-logoHyderabad-based information technology company Cyient Limited has acquired a majority stake in data sciences firm Invati Insights Pvt Ltd, the company informed BSE. Following the acquisition, Invati Insights will be renamed to Cyient Insights, although other terms of the deal were not disclosed.

Invati Insights used to offer M2M analytics, plant operations data, warranty/quality analytics among other things, with a focus on the manufacturing, energy, oil & gas, healthcare, logistics and financial industry segments.

Post acquisition Cyient Insights will focus on creating an integrated consulting, solutions and systems integration portfolio for the utilities, aerospace, transportation, oil & gas, energy and communication industries. It will focus on analytics related to engineering, networks and operations across these verticals. The acquisition will essentially let Cyient leverage Invati’s data sciences approach to refine its own analytics offerings.

Cyient currently offers data transformation and analytics in three key industries: transport & navigation, content & geospatial providers and energy & natural resources. The company also undertakes product and process engineering projects for industries with a fixed price, revenue and risk sharing business model. It also offers network and operations management for electric and gas distribution utilities.

Other developments in the data analytics space

Advertisement. Scroll to continue reading.

-Mumbai-based data analysis firm Peel-Works had secured $2 million in a round of funding from IDG Ventures India and Inventus Capital Partners in July this year.

-Decision sciences and analytics firm Mu Sigma had acquired Singapore-based media analytics firm Webfluenz for an undisclosed amount, also in July.

-Big data analytics firm Fix Stream had raised $10 million post acquisition of 75% of its stake by Tech Mahindra Ltd in April this year.

-Another Mumbai-based big data analytics firm Germin8 had raised $3 million in a series A round of funding from Kalaari Capital in March this year.

Indix, a big data company operating from Chennai and Seattle, had raised $8.5 million in a round of funding led by Avalon Ventures and Nexus Venture Partners also in March.

– In December last year, Bangalore-based big data firm Spire Technologies raised $8 million in a series A funding round from unnamed investors.

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...


By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

You May Also Like


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ