Stock

Cognizant to Acquire Servian, a Leading Australian Data and Analytics Consulting Firm

SYDNEY, Jan. 11, 2021 /PRNewswire/ — Cognizant (NASDAQ:CTSH) right now introduced it has entered into an settlement to accumulate Servian, a Sydney, Australia-based, privately-held enterprise transformation consultancy specializing in knowledge analytics, synthetic intelligence, digital services, expertise design, and cloud.


(PRNewsfoto/Cognizant)

Servian is Cognizant’s tenth digital-focused acquisition introduced since January 2020, highlighting Cognizant’s technique to speed up capabilities and development in precedence areas of knowledge and synthetic intelligence, digital engineering, cloud, and Web of Issues throughout the globe.

The acquisition of Servian considerably expands Cognizant’s built-in, end-to-end digital transformation capabilities in Australia and New Zealand (ANZ) to assist purchasers transfer to the cloud, construct digital products and services, unlock worth from knowledge, modernize enterprise purposes, and obtain operational excellence.   

“Enterprises in Australia and New Zealand are at an inflection level of their digital adoption,” mentioned Jane Livesey, CEO, Cognizant Australia and New Zealand. “Cognizant’s intensive digital experience mixed with Servian’s strengths because the premier expertise accomplice within the area will open up the complete energy of digital transformation for our Australasian purchasers. We look ahead to welcoming Servian’s gifted digital-native professionals to Cognizant.”

“Enabling purchasers to leverage their knowledge property for accelerating enterprise transformation and driving aggressive benefit is on the coronary heart of our success,” mentioned Tony Nicol, Founder and CEO, Servian. “We share Cognizant’s ardour for innovation powered by digital applied sciences. With Cognizant’s deep {industry} experience and world scale, we will apply our strengths in strategic advisory, engineering supply, and managed providers throughout a fair broader spectrum of challenges and alternatives introduced by the digital economy.”

Cognizant’s greater than 1,200 professionals in Australia serve greater than 110 purchasers, together with prime Australian banks, insurers, retailers, and communications corporations. In the previous few years, the corporate has constantly strengthened its in-country cloud, product engineering, platform, Salesforce, and Workday capabilities to develop its digital enterprise in Australia.        

Based in 2008, Servian has labored with greater than 190 main corporations in ANZ within the banking, telecommunications, insurance coverage, retail, and authorities sectors, together with eight of ANZ’s 15 largest corporations. Upon the shut of the acquisition, Servian’s greater than 500 expertise and consulting professionals, based mostly primarily in Australia and New Zealand, will be a part of Cognizant, doubling the scale of Cognizant’s cloud and knowledge workforce in ANZ.

Servian brings experience in all main digital applied sciences and has partnerships with the most important names within the {industry}, together with Google, Microsoft, Amazon Net Providers, Salesforce, Snowflake, Oracle, HashiCorp, Talend, Informatica, and Pink Hat. The corporate was named Google’s Service Partner of the Year in 2019, Snowflake’s Let It Snow and Snow Mate Australia in 2019, HashiCorp’s APJ Services Partner of the Year in 2020, and Talend’s APAC Partner of the Year Value-Added Reseller in 2020.  

The transaction is anticipated to shut within the first quarter of 2021, topic to regulatory clearance and different closing circumstances. Monetary particulars weren’t disclosed.

About Servian
Servian is a number one knowledge consultancy within the Australasian area, whose mission is to allow clients to make use of their knowledge to construct aggressive benefit. Servian offers providers throughout knowledge and analytics, cloud infrastructure, DevOps, UI/UX, buyer engagement, cybersecurity, synthetic intelligence, and IoT. Servian additionally offers advisory providers to assist organizations outline and execute on their IT technique, in addition to managed providers to handle and run platforms on behalf of its clients. Servian is a technology-agnostic, consultant-led group that has a robust steady studying tradition. To study extra about Servian, go to https://www.servian.com.

About Cognizant
Cognizant (Nasdaq-100: CTSH) is likely one of the world’s main skilled providers corporations, remodeling purchasers’ enterprise, working and expertise fashions for the digital period. Our distinctive industry-based, consultative strategy helps purchasers envision, construct and run extra progressive and environment friendly companies. Headquartered within the U.S., Cognizant is ranked 194 on the Fortune 500 and is constantly listed among the many most admired corporations on this planet. Learn the way Cognizant helps purchasers lead with digital at www.cognizant.com or comply with us @Cognizant.

Ahead-Wanting Statements
This press release contains statements which can represent forward-looking statements made pursuant to the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995, the accuracy of that are essentially topic to dangers, uncertainties, and assumptions as to future occasions that will not show to be correct. These statements embrace, however are usually not restricted to, categorical or implied forward-looking statements regarding expectations concerning the anticipated closing of the acquisition of Servian and the influence of the acquisition of Servian on the enterprise and prospects of Cognizant. These statements are neither guarantees nor ensures, however are topic to quite a lot of dangers and uncertainties, lots of that are past our management, which might trigger precise outcomes to vary materially from these contemplated in these forward-looking statements. Current and potential traders are cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date hereof. Elements that might trigger precise outcomes to vary materially from these expressed or implied embrace normal financial circumstances, modifications within the regulatory setting, together with with respect to immigration and taxes, and the opposite elements mentioned in our most up-to-date Annual Report on Type 10-Ok and different filings with the Securities and Trade Fee. Cognizant undertakes no obligation to replace or revise any forward-looking statements, whether or not because of new info, future occasions, or in any other case, besides as could also be required beneath relevant securities legislation.

For additional info, contact:

Cision View authentic content material to obtain multimedia:http://www.prnewswire.com/news-releases/cognizant-to-acquire-servian-a-leading-australian-data-and-analytics-consulting-firm-301204726.html

SOURCE Cognizant

Source Link

Huynh Nguyen

My name is Huynh and I am a full-time online marketer.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

10 − 10 =

Back to top button