MUMBAI, INDIA: In an announcement, Cognizant shared about a new addition, Odecee that delivers enterprise mobility, web and cloud solutions.
This acquisition, it states, further strengthens Cognizant’s digital business transformation expertise and expands its portfolio of tools and services to help clients create digital enterprises that capitalize on new business models, drive innovative products and services, enhance workforce productivity, and improve customer experience.
As part of this acquisition, approximately 150 digital specialists with expertise across enterprise mobile, web and cloud services will join Cognizant. This acquisition also brings to Cognizant intellectual property such as Velocedee, a platform that helps centralize highly secure mobile applications and enables rapid implementation of core business processes across a wide range of mobile devices. The terms of the transaction were not disclosed.
“This strategic acquisition underscores our commitment to the local market and our focus on strengthening our digital capabilities,” said John Burgin, Regional Head for Australia and New Zealand, Cognizant. “Rapid consumerization of technology is driving business reinvention across industries and blurring the distinction between the physical and the digital worlds. As businesses become increasingly technology-intensive and physical processes get instrumented and digitized, our strong portfolio of services, coupled with our aggressive investments in SMAC (social, mobile, analytics and cloud) technologies, will help clients drive meaningful change and build ever more connected, collaborative, and real-time businesses. We welcome Odecee’s talented professionals to Cognizant and look forward to leveraging our combined strengths to empower clients to address the needs of the digital era.”
“This is a strategic step forward for us and opens up a significant growth opportunity for us across newer technologies and industries,” said Con Mouzouris, Co-founder and Managing Director of Odecee.