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Wednesday 28 July 2021

Company Updates 28.7.21

Ashok Leyland showcases future-readiness through Switch Mobility Ltd

Ashok Leyland, India’s leading commercial vehicle manufacturer and flagship of the Hinduja Group, today elaborated on its future-readiness by sharing details of its latest strategic initiative - Switch Mobility Ltd, UK (Switch Mobility). Earlier today, management engaged with key investors from India and London to showcase the growth opportunity and the crucial role Switch Mobility will play in shaping the commercial eMobility space, globally.

Switch Mobility, the next-generation electric bus and light commercial vehicle company, and subsidiary of Ashok Leyland Ltd, had recently announced strategic steps to further solidify its progress towards developing net zero carbon mobility. Dr Andrew Palmer has been appointed as Executive Vice Chairman & CEO and other key leadership positions were announced. Former Goldman Sachs and JP Morgan banker and senior lawyer, Dr Miranda Brawn, and auto industry veteran, Mr J M Alapont, were recently inducted to the Board

In April, Switch Mobility had announced technological collaborations with various partners, including Siemens, to deliver e-Mobility solutions that offer the lowest Total Cost of Ownership for CV customers. As part of its rampup, Switch Mobility has already signed customer agreements and LOI’s with leading logistic and ecommerce operators.

Sharing his comments during the presentation, Mr. Dheeraj Hinduja, Chairman, Ashok Leyland & Switch Mobility, said, “The Mobility space is experiencing huge disruption, with e-Mobility and digital playing a crucial role. We have a very aggressive plan to be at the forefront of the Electric vehicle transition in Buses and Light vehicles. We already have over 280 Electric buses on the road in India and UK. Many new products are under development and we will be in an unique position of offering both Value and Premium Products for Global markets. This we strongly believe will propel us in our journey to achieve our Vision to be amongst the Top 10 Commercial Vehicle Manufacturers in the world.”

Adding on, Mr. Vipin Sondhi, MD & CEO, Ashok Leyland, said, “These new initiatives give us the ability to drive the Sustainability agenda which Ashok Leyland is passionate about. As leaders, we need to create sustainable solutions that are simple, practical and make good business sense to our customers. Switch Mobility with its strength in net zero carbon technologies combined with Ashok Leyland’s expertise in the mobility space, will lead this change and enable us to fulfil our aspiration of net zero carbon mobility.”

Cyient Strengthens its Digital Solutions Suite, IntelliCyient, through Proposed Acquisition of WorkForce Delta

 The proposed acquisition will further strengthen Cyient's digital transformation capabilities & offerings in the Utilities and Telecom industries 

 It will bolster the IntelliCyient portfolio with strong front-end consulting capabilities for digital mobile workforce management solutions  

Cyient, a global engineering, manufacturing, and digital technology solutions company, announced that it has agreed to acquire WorkForce Delta, a leading consulting firm in mobile workforce management. The acquisition will bolster the IntelliCyient portfolio by expanding its front-end consulting capabilities for digital mobile workforce management solutions.

There has been a growing demand for comprehensive field force management solutions in the Utilities and Telecom industries. With rapid sectoral growth across regions, 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.

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.” 

HCL Technologies Names Jill Kouri as Global Chief Marketing Officer

HCL Technologies today announced Jill Kouri’s addition to the executive team as Chief Marketing Officer. A top marketing executive with nearly 30 years of corporate and agency B2B services experience, Kouri will lead the company’s global marketing programs to advance HCL’s focus on helping companies reimagine their business for the digital age. 

“As HCL continues to drive its strategy to be the digital partner of choice for global enterprises and reinforce its industry-leading ESG practices, it is imperative to strengthen our marketing leadership,” said C Vijayakumar, CEO and Managing Director, HCL Technologies. “Jill brings rich experience in areas from purpose articulation and global brand building to demand generation and sales enablement, and we are thrilled to welcome her to our leadership team.”

Kouri joins HCL Technologies most recently from JLL (NYSE: JLL), where she was Chief Marketing Officer, Americas, for seven years. Prior to that, she spent 14 years in increasingly senior marketing leadership roles at Accenture.

“While I was familiar with HCL Technologies at a high level, I was completely in awe of the organization’s rich history, culture and focus on innovation and entrepreneurial mindset,” Kouri said. “HCL is at a critical point in its journey, having reached the $10 billion revenue mark, and I am excited to lead the efforts to create more widespread brand awareness and affinity, all while driving a very strong growth agenda.” 

Kouri is a very strong advocate and driver for purpose and D&I initiatives. She is a board member with FGM Architects, and is involved in several non-profit initiatives including Dress for Success, where she is part of the Midwest Advisory Council. Kouri earned her bachelor’s degree in Journalism from Bowling Green State University and has APR (Accreditation in Public Relations) certification from the Public Relations Society of America. 

Infosys Unveils Product-Centric Value Delivery Model Using Agile and DevOps to Strengthen Customer Centricity and Accelerate Business Outcomes 

a global leader in next-generation digital services and consulting, today unveiled a new set of Enterprise Agile DevOps capabilities that will help businesses strengthen customer centricity and innovation. Key among them are the product-centric value delivery model and the data-centric live engineering approach that helps enterprises drive business value faster while being secure by design. With the product-centric value delivery model, enterprises can transform the way they develop and deliver products and services by reimagining customer journeys, with agile product teams bringing these to life. Through the data-centric live engineering approach enterprises can increase the speed of outcomes by using the power of advanced analytics and AI to generate personabased actionable insights. 

According to a recent Infosys Knowledge Institute study titled ‘Agile Radar 2021: Drive Business Value Faster’, 74 percent of C-suite and IT executives, across US and Europe, invest their money in product management, underlining it as a key business priority. DevSecOps emerged as a top area of investment among CIOs to ensure faster business decisions through AI and ML-driven customer insights. The research also revealed that companies who implemented seven Agile levers i.e., customer insights to strengthen customer journeys, organizing teams around the customer, collaboration across functional boundaries, instituting self-organized teams, upskilling the workforce, using Agile workspaces and collaboration platforms for remote working, reported a 63 percent higher chance of growth, ahead of their peers. 

With a lean based value stream approach, supplemented by customer experience design and product management capabilities, Infosys helps clients re-imagine their customer journeys and setup integrated product teams to drive accelerated business outcomes. To this point, Infosys’ Agile Radar study draws emphasis on how product-centric value delivery levers such as ‘customer insights to strengthen customer journeys’, ‘focusing on products rather than functions’, and ‘MVP (minimal viable product) based funding’ can augment business performance.

Infosys’ integrated Agile & DevOps framework is designed to address agility needs of enterprises, across all technology stacks and types of work. Infosys DevSecOps Platform helps bake in security within the value stream. 

Christian Bayer, Head of ERP and Data & Analytics, Syngenta Group said, “In our endeavor to be more innovative, more responsive to business change and to be cost effective, we decided to adopt an agile-first approach to transform our SAP services. Infosys partnered with us and brought onboard its proven nextgeneration service delivery Agile framework for executing a phased transformation journey. I am very proud of what we achieved. We have reduced business disruptions by half, with service requests being delivered 80 percent faster, turnaround time improved by 45 percent, and all this with 33 percent cost reduction in the first year. We worked together as a team to become truly agile in SAP.”

“Today, enterprises are looking to significantly accelerate their digital journeys to realize business value faster”, said Ravi Kumar S, President, Infosys. “Forward thinking firms are now evolving to a product centric operating model to ingrain customer centricity, business agility and innovation in the fabric of their organizations. Building product management and experience design capabilities are becoming the need of the hour. At Infosys, we leverage our wide range of Enterprise Agile DevOps platforms, expertise, and tools to help clients create new ways of collaboration, orchestrate, and deliver products and solutions against robust business outcomes.”