Cyient will be working alongside some of the world's largest organizations, data specialists, and governments ...Read MoreHYDERABAD: Global engineering and technology solutions player Cyient on Wednesday said it has signed a statement of intent with the Europe-based Emergent Alliance to use their combined data knowledge to provide new insights and practical applications to the global Covid-19 response.
As part of the alliance, Cyient will be working alongside some of the world's largest organizations, data specialists, and governments to support future decision-making on regional and global economic challenges that will get people back to work and help businesses thrive post-pandemic.
The alliance will analyse a broad set of economic, behavioural, and sentiment data to provide new insights and practical applications to aid in the rebuilding of economies and understand the impact of a “new normal”. This will be done with a sharp focus on privacy and security, using industry best practices for data sharing and robust governance, the company said.
Commenting on the development, Anand Parameswaran, senior vice president and A&D business unit head, Cyient, said: “As we face today’s unprecedented challenges, the Emergent Alliance is an opportunity to use our skills and expertise to help solve the most significant challenge of the 21st century. Cyient has delivered world-class data analytics and machine learning capabilities to meet some of the biggest transformation challenges for our customers in connected enterprise, supply chain resilience, and cost-efficiency. We look forward to leveraging our experience and knowledge in resolving the global crisis rapidly and responsibly.”
Rachel Gawley, programme director for the Emergent Alliance, said, “Our vision is to form an independent alliance and create a safe environment in which we share data, expertise, and resources to work together to aid the global economic recovery.”