Cognizant is buying AustinCSI. The acquisition aims to enhance Cognizant’s vertical industry expertise and advisory capabilities. It will aid in goals for delivering a comprehensive digital transformation strategy, as well as top-notch solutions, to clients.
Cognizant’s Michael Valocchi
“Client demand for end-to-end digital strategy and industry-specific solutions continues to accelerate,” said Michael Valocchi, senior vice president, head of Cognizant Consulting and Americas strategy. “AustinCSI has built a stellar reputation by improving business outcomes for some of the world’s most recognizable brands, particularly in the telecommunications, media, technology and automotive sectors, markets where Cognizant is also strong. We look forward to welcoming AustinCSI’s talented experts to our team and further enriching the value we’re providing to our clients as they embrace cloud, AI, data analytics, and other advancing technologies.”
AustinCSI provides consulting services for Fortune 500 clients across different industries. The company has more than 175 consultants who design and deliver cloud and automation solutions. They utilize data to help businesses up-level their customer’s experiences and business outcomes.
AustinCSI’s Karen Moree
“We’re excited by the opportunity to become part of Cognizant and combine our strengths in delivering advanced and transformative technologies to clients,” said Karen Moree, CEO and co-founder, AustinCSI. “Together, we can provide more impact for our current clients with broader capabilities in emerging digital technologies and reach a wider market leveraging Cognizant’s global scale.”
Cognizant has its eye fixed on expanding its consulting practice and advisory capabilities. This is designed to give clients end-to-end digital transformation strategy and solutions. Adding AustinCSI’s enterprise cloud and data analytics expertise supports all of this. Cognizant also continues to invest in expanding capabilities in four key technology areas. These include data and artificial intelligence, cloud, digital engineering, and internet of things.
The transaction will likely close in the fourth quarter of 2022, subject to satisfaction of closing conditions.
Log in with your Channel Futures account
Alternatively, post a comment by completing the form below:
Your email address will not be published. Required fields are marked *
.@8×8’s stock has plunged approximately 85% in the last two years. dlvr.it/SdddQG https://t.co/BPh7hgpIv5
Crush 💥 Your Q1 Quota Challenge with Fiona Challis in this #ChannelFutures online workshop. Get your managed servic… twitter.com/i/web/status/1…
New @DNSFilter global partner program will give partners greater insight into how it protects against threats and m… twitter.com/i/web/status/1…
Financial help, flexible hours and counselling – how the #ITchannel is helping to support employees during the cost… twitter.com/i/web/status/1…
.@GoIvanti bolsters channel leadership with @GlobalHodges, John Beuchert. dlvr.it/Sdd979 https://t.co/BIwNbUp1kX
Today is your absolute LAST chance to apply to take the biggest stage in the channel this spring! The #CPExpo and… twitter.com/i/web/status/1…
.@awscloud #reInvent: partnerships highest obsession for #cloud giant. dlvr.it/Sdb6Lc https://t.co/duxWnIrEO1
.@WANExperts weighed in on @IDC and GTTCOMM’s latest #SDWAN study. dlvr.it/SdZjvk https://t.co/acklSxYsPj
The industry's largest and most comprehensive partner awards program.
Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.
Get the latest information on the next industry-leading Channel Partners event.
Educational slide shows and images from live events.
Want to reach our audience? Access our media kit.