Cognizant to acquire Servian, an Australian data and analytics consulting firm
Cognizant will acquire Servian, a Sydney-based, private enterprise transformation consultancy specializing in data analytics, artificial intelligence, digital services, experience design and cloud.
Servian is Cognizant’s 10th digital-focused acquisition announced since January 2020, showing Cognizant’s strategy to accelerate capabilities and growth in priority areas of data and artificial intelligence, digital engineering, cloud, and Internet of Things across the globe, the company said. Financial details of the transaction were not disclosed.
Cognizant expects the acquisition of Servian to expand its integrated, end-to-end digital transformation capabilities in Australia and New Zealand (ANZ) to help clients move to the cloud, build digital products and services, unlock value from data, modernize enterprise applications, and achieve operational efficiency.
“Enterprises in Australia and New Zealand are at an inflexion point in their digital adoption,” said Jane Livesey, CEO, Cognizant Australia and New Zealand. “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. We look forward to welcoming Servian’s talented digital-native professionals to Cognizant.”
“Enabling clients to leverage their data assets for accelerating business transformation and driving competitive advantage is at the heart of our success,” said Tony Nicol, Founder and CEO, Servian. “We share Cognizant’s passion for innovation powered by digital technologies. 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.”
The transaction is expected to close in the first quarter of 2021, subject to regulatory clearance and other closing conditions.