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Santa Clara, USA; London, UK; Mumbai, India: CIGNEX today announced the appointment of Vijay Iyer as Chief Executive Officer and member of the Board of Directors.   This is a strategic appointment aimed at the company’s next wave of growth in the Open Source enterprise solutions market.

Vijay previously held the position of Senior Vice President at HCL Technologies and has over 24 years of diverse global experience in spearheading organizational progression from a medium-size company to a larger organization.

“I’m excited to be a part of CIGNEX, a global leader in Open Source enterprise solutions. We are seeing an exponential increase in the demand for Open Source solutions within enterprises across the world, especially around Total Cost of Ownership reduction for CIOs in all areas surrounding the ERP, and I would like further strengthen the company’s position as a strategic partner to Fortune 1000 clients in delivering business-focused enterprise solutions.” said Vijay about his new role at CIGNEX.

Vijay’s achievements as a business leader include transformation of business units to revenue centers worth millions of dollars, large contract negotiations, advancing ideas from thought to execution and being a change leader for greater business success. He has also been instrumental in identifying new areas and processes and taking them to market on a large scale, as well as creating global positioning strategies for a wide variety of IT service offerings across several industry verticals.

Vidur Bhogilal, Chairman of CIGNEX, and Group CFO, Datamatics Group, said, “In our journey to achieve US$100 million revenues, the key to success lies in taking enterprise Open Source adoption to the next level. And our focus to provide customized holistic solutions, scale, and SaaS based model would play a pivotal role.  In-organic growth initiatives will be an equally important focus area. I am sure Vijay with his strong credentials and deep expertise in the technology and Open Source space will prove to be a tremendous asset to our organization and create new milestones.”

With more than 13 years of experience, over 450 enterprise implementations, CIGNEX has vast experience in enabling enterprise clients to address their technology and business needs through its cost effective, customized Open Source solutions that integrate with proprietary and 3rd party applications.

About CIGNEX (www.cignex.com): CIGNEX (subsidiary of Datamatics Global Services Ltd.) is the global leader in Open Source enterprise solutions - Portals, Content, and Big Data Analytics. Since 2000, CIGNEX has focused on Making Open Source Work® for the enterprise using industry-standard open platforms and integrating with existing systems to improve client’s profitability. CIGNEX is headquartered in Santa Clara, USA, and has 22 offices across nine countries.                                  

For more information, please contact:
Nirav Shah
Sr. Director, Marketing & Corporate Communications
CIGNEX, Inc.
Email: nirav.shah@cignex.com
Phone: +1-408-327-9900 x505