Cognizant had 281,200 people on its rolls as of June 30, down from 291,700 sequentially, and 2.5% from 288,200 in the second quarter of last fiscal.According to Cognizant, the acquisition expands the company’s hyperscale cloud advisory services, and will help build up a dedicated group within Cognizant centered on Microsoft cloud solutions.The bench in IT companies is a reference to people who do not have billable projects to work on. Cognizant Technology Solutions has acquired 39 companies, including 22 in the last 5 years. The transaction is expected to close in the fourth quarter of 2018 subject to the satisfaction of the closing conditions, including regulatory review. Oct 4, 2018 . Business Standard is happy to inform you of the launch of "Business Standard Premium Services"As a premium subscriber you get an across device unfettered access to a range of services which include:Welcome to the premium services of Business Standard brought to you courtesy FIS. Last month it acquired SaaSfocus, a consulting … More. In the large IT services firms, several thousands will be on the bench at any point.Cherian will also be part of the executive council. IT services major Cognizant Thursday said it will acquire digital engineering and consulting company Softvision, LLC.Terms of the deal, including size of the acquisition, were not disclosed.The acquisition will create one of the top digital engineering companies in the world and a leader in software product development, helping clients innovate at speed and execute at scale, Cognizant said in a statement.The transaction is expected to close in the fourth quarter of 2018, subject to necessary approvals, it added.Founded over 20 years ago, Texas-based Softvision works with Fortune 500 clients in financial services, retail, consumer products, healthcare and other industries. “Softvision will maintain its existing structure, leadership team, and brand.
This is the first time that a technology head will be reporting directly to the CEO of the technology services company. In this new world, the race will no longer go to the lowest-priced, most expedient vendors; it will go to those who are comprehensive and who will grow along with their clients.We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. SAVE SEARCH . Cognizant Softvision’s customer-centric approach to digital engineering leverages speed, scale and a digital DNA culture to deliver experience-based software products. ... Softvision acquired by Cognizant . An acquisition of Softvision would be the latest in a string of small acquisitions for Cognizant. An acquisition of Softvision would be the latest in a string of small acquisitions for Cognizant. Softvision will speedup Cognizant's solution delivery procedure that will help it attract new customers. 14. Sep 18, 2018 . IT services major Cognizant Thursday said it will acquire digital engineering and consulting company Softvision, LLC.Terms of the deal, including size of the acquisition, were not disclosed.The acquisition will create one of the top digital In the personal note following the announcement of the acquisition, Angelani states that Softvision will become an epicenter of core digital talent, development, innovation and methodologies within Cognizant Digital Business. "The deal will allow Softvision to combine its engineering, design and digital product development approach with Cognizant's scale and digital expertise in areas like artificial intelligence, virtual reality, IoT, human science and others to provide more innovative solutions and impactful experiences," Softvision CEO Andres Angelani said. A total of 7 acquisitions came from private equity firms.. Cognizant Technology Solutions’ largest acquisition to date was in 2014, when it acquired The TriZetto Group for $2.7B.Cognizant Technology Solutions has acquired in 12 different US states, and 15 countries.
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