03 May 2018, India:
Cognizant has acquired Analytics Firm Hedera Consulting. The deal size has not been disclosed.
“The purchase further expands Cognizant’s consulting, business insight and digital transformation capabilities for clients in Belgium and the Netherlands. Hedera Consulting is now part of the Cognizant Consulting business unit,” the IT firm said in a statement.
Philip Lahey, partner, Hedera Consulting said,
“The most successful companies are the ones that reduce the time from informed insight to action.”
Philip added, “By joining forces with Cognizant, we are even better positioned to help clients define their strategy, transform their businesses and gain insight and competitive advantage in their fast-changing, highly competitive marketplaces. Our combined industry and local knowledge and experience, as well as our strong joint team, will better enable our customers in the Belgian and Dutch markets to extract meaning from their data and use it to effectively shape their products, services and experiences.”
Santosh Thomas, president, global growth markets, Cognizant said, “In the Belgian and Dutch markets, companies are re-designing their business and IT operating models for the digital era.”
Thomas added, “Hedera Consulting expands our ability to help these European clients create agile and digitally transformed enterprises that can act and react to the oceans of data for deeper customer insight, new product development, and to innovate and exploit new business opportunities.”
Hedera Consulting was founded in 2009. It specialises in business advisory and data analytics services across sectors, helping clients in areas like growth strategy, innovation, marketing, sales and customer service.
(Image – ibtimes)