KPIT Acquires Product Lifecycle Management Firm I-Cubed

KPIT, a product engineering and IT consulting firm, has acquired PLM (product lifecycle management) company I-Cubed.

According to a company press release, I-Cubed will further KPIT’s PLM services in North America. KPIT’s extended PLM capabilities will now include PLM business process reengineering and strategy consulting, supply chain analytics, data quality and application managed services.

“We are excited to have the talented team at I-Cubed on board,” said Sachin Tikekar, president, Strategic Partnerships, KPIT. “Our customers in the automotive and manufacturing industries use PLM extensively and we are also seeing good traction from the Energy & Utilities industries. With I-Cubed, we enhance our portfolio in both product engineering and IT consulting. KPIT’s global reach combined with I-Cubed’s PLM skills enables us not only to address our customers’ growing demand and expectations for expertise in PLM, but to go beyond in our vision of how PLM and allied areas such as ALM and SLM can transform key business processes.”

For more information, visit KPIT.

Sources: Press materials received from the company and additional information gleaned from the company’s website.