Cognizant to acquire Australian firm Servian

By: |
January 12, 2021 12:30 AM

Servian is Cognizant’s 10th digital-focused acquisition announced since January 2020, highlighting Cognizant’s strategy to accelerate capabilities and growth in priority areas of data and artificial intelligence, digital engineering, cloud, and Internet of Things.

Cognizant has more than 1,200 professionals in Australia serving over 110 clients, including top Australian banks, insurers, retailers, and communications companies.Cognizant has more than 1,200 professionals in Australia serving over 110 clients, including top Australian banks, insurers, retailers, and communications companies.

US-based IT services company Cognizant, which has a significant workforce presence in India, on Monday announced that it has entered into an agreement to acquire Servian, a Sydney-based, privately held enterprise transformation consultancy specialising in data analytics, artificial intelligence, digital services, experience design and cloud.

Financial details of the deal were not disclosed.

Servian is Cognizant’s 10th digital-focused acquisition announced since January 2020, highlighting Cognizant’s strategy to accelerate capabilities and growth in priority areas of data and artificial intelligence, digital engineering, cloud, and Internet of Things.

The acquisition of Servian 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.

Jane Livesey, CEO, Cognizant Australia and New Zealand, said, “Enterprises in Australia and New Zealand are at an inflection point in their digital adoption. 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.”

Cognizant has more than 1,200 professionals in Australia serving over 110 clients, including top Australian banks, insurers, retailers, and communications companies.

Tony Nicol, founder and CEO, Servian, said, “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.”

After acquisition, Servian’s 500-odd technology and consulting professionals, based primarily in Australia and New Zealand, will join Cognizant, doubling the size of Cognizant’s cloud and data team in Australia and New Zealand.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Non-food credit growth at eight-month high of 6.53%
2Corporate funding to solar sector grew 24% globally in 2020: Mercom Capital
3With WhatsApp’s privacy woes, other messaging apps benefit