Cognizant Technology Solutions Corp. on Monday said it has entered an agreement to acquire Sydney based Data analytics firm ‘Servian.’
About Servian
Servian was founded in 2008 and has over the past twelve years grown into one of Australia’s larger technology and data & analytics consulting firm.
Since inception, the firm has worked with more than 190 major companies in Australia and New Zealand in the banking, telecommunications, insurance, retail, and government sectors, including eight of ANZ’s 15 largest companies.
About Cognizant
Cognizant’s more than 1,200 professionals in Australia serve more than 110 clients, including top Australian banks, insurers, retailers, and communications companies.
Servian is Cognizant’s 10th digital-focused acquisition announced since January last year.
Aim
It significantly expands Cognizant’s integrated, end-to-end digital transformation capabilities in Australia and New Zealand to help clients move to the cloud, build digital products and services, unlock value from data, modernise enterprise applications, and achieve operational excellence, says a Cognizant release.
Transaction Clearance
The transaction is expected to close in the first quarter of 2021.
Comment from Servian
Tony Nicol, Founder and CEO, “Enabling clients to leverage their data assets for accelerating business transformation and driving competitive advantage is at the heart of our success.”
“We share Cognizant’s passion for innovation powered by digital technologies. With Cognizant’s deep industry expertise and global scale, we will be able to apply our strengths in strategic advisory, engineering delivery, and managed services across an even broader spectrum of challenges and opportunities presented by the digital economy.”
Comment from Cognizant
Jane Livesey, CEO, “Cognizant’s extensive digital expertise combined with Servian’s strengths as the premier technology partner in the region will open up the full power of digital transformation for our Australasian clients.
We look forward to welcoming Servian’s talented digital-native professionals to Cognizant.”
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