Cognizant, the US-based IT firm with a big presence in India, will purchase the US-based Thirdera to spice up ServiceNow enterprise. The American software program firm ServiceNow develops a cloud computing platform to assist firms handle digital workflows for enterprise operations.
The acquisition is predicted to shut in January 2024. Monetary particulars weren’t disclosed.
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Acquisition is predicted so as to add greater than 940 workers to Cognizant’s ServiceNow Enterprise Group, creating one of many largest aggregations of ServiceNow skilled certifications globally.
Cognizant and ServiceNow have expanded their strategic partnership since Cognizant’s acquisition of ServiceNow consultancy Linium in 2021, together with a June 2023 announcement concerning a strategic partnership to drive AI-driven automation and the trail towards constructing a $1 billion mixed enterprise, in addition to the launch of an AI-powered service assurance providing for the telecommunications trade.
Thirdera is an Elite ServiceNow Companion specialising in advisory, implementation and optimisation options associated to the ServiceNow platform, with a give attention to rising enterprise workflow merchandise. As a part of the acquisition, Thirdera’s ServiceNow coaching platform, Thirdera College – one of many world’s largest – is predicted to play a central position in credentialing sources to fulfil rising demand within the ServiceNow ecosystem, says a launch.
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ServiceNow is main a market shift towards buyer, worker, and creator merchandise, stated Cognizant’s CEO S Ravi Kumar. The mix of Cognizant’s deep trade, AI, and platform experience paired with Thirdera’s choices in enterprise transformation will place Cognizant on the forefront of thought management and innovation within the ServiceNow ecosystem.
The addition of Thirdera’s ServiceNow consultants in North America, Spain, Colombia, the Netherlands, and Australia, amongst different areas, and Thirdera’s main place in ServiceNow coaching and certifications, together with Licensed Grasp Architects and Licensed Technical Architects, will create a mixed Cognizant ServiceNow Enterprise Group with greater than 2,400 specialists and 14,000 certifications – collectively creating one of many largest and most extremely accredited ServiceNow companions on this planet.
Cognizant’s plan to accumulate Thirdera will turbo-charge their means to construct GenAI trade main options on the ServiceNow platform, stated Invoice McDermott, chairman and CEO of ServiceNow. The acquisition places Cognizant effectively on their approach to constructing a $1 billion joint enterprise that may speed up worth for our prospects.
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