Business Economy


Cyient partner with Prospecta to deliver unified MDM for asset-intensive industries

Hyderabad, Mar 11 (UNI) Cyient Limited, a global intelligent engineering solutions and services company, on Wednesday announced a strategic partnership with Prospecta to deliver a unified Master Data Management (MDM) foundation for asset-intensive industries such as mining, energy, and transportation.

Together, the companies will help accelerate asset-intensive industries in embracing intelligence by delivering a platform-led, industry-leading Master Data Management solution that transforms fragmented operational data into a single, trusted digital foundation for industries such as Mining, Energy, and Transportation, the Hyderabad Cyient said in a release here.
The partnership brings together Cyient’s deep domain expertise in engineering and asset lifecycle management with Prospecta’s cloud-native Master Data Management and data governance platform. By establishing harmonized, governed, and AI-ready master data at scale, the joint solution enables organizations to move beyond data fragmentation across operations, decision-making, and asset performance.
Mining, Energy and other heavy-asset industries operate complex, capital-intensive assets across distributed environments. However, inconsistent asset hierarchies, manual data remediation, and low trust in data continue to limit reliability, safety, predictive maintenance, advanced analytics, and ESG reporting.

Cyient and Prospecta aim to solve these challenges by creating a unified master data backbone that enables organizations in embracing intelligence at scale—improving decision-making, enabling predictive maintenance and reliability analytics, supporting digital twins, and accelerating AI deployment
The solution integrates securely with existing IT and OT landscapes, enabling organizations to modernize asset and service lifecycle management while supporting multi-site, global operations.
The outcome is measurable business impact, including reduced maintenance costs, improved asset uptime, better operational insights and enhanced compliance and security , hence leading to superior customer experience.
Harjott Atrii, Chief Business Officer - Strategic Initiatives, Cyient, said, “Asset-intensive industries are at a pivotal point where AI and advanced analytics can deliver transformational outcomes only if the underlying data foundation is trusted.
“Through our partnership with Prospecta, we are enabling customers in embracing intelligence by building a reliable, governed digital core that improves safety, reliability, and operational performance,” he added.
Ranjan Bakshi, Founder & CEO, Prospecta said, “Partnering with Cyient allows us to take a co-creation and joint go-to-market approach that directly addresses industry-specific asset and service lifecycle challenges.
Together, we are enabling organizations to move from fragmented data to a single source of truth that accelerates digital transformation and AI adoption,” he added.
The partnership will focus on joint solution development, co-innovation, and global go-to-market initiatives to modernize asset and service lifecycle management across industries.
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