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Cognizant Technology : Aker Solutions Extends Relationship with Cognizant to Modernize its IT Systems and Help Speed Transition to Renewable Energy

TEANECK, NJ, June 7, 2021 / PRNewswire / – Cognizant (Nasdaq: CTSH) announced today that it has expanded its relationship with global engineering company Aker Solutions to modernize and simplify its entire IT infrastructure, including its business technology network and application maintenance and development. Aker Solutions helps companies get energy from sources such as oil, gas and offshore wind.

The expanded relationship will improve Aker Solutions’ productivity and business scalability while reducing IT operating costs. Cognizant’s DevOps approach will enable the company to offer agile support and reduced delivery times for new projects such as oil field developments or wind turbines. Under the five-year agreement, Cognizant will provide digital solutions and services, including the design, development and delivery of mobile applications. Digital technologies, including AI, data analytics and IoT, will enable Aker Solutions customers to improve predictive maintenance of their supported assets and increase the productivity of their on-site workers through the use of mobile applications.

“We are seeing growing demand for power generation and our customers are demanding products and services that help reduce our environmental footprint,” said Joar Handeland, CIO, Aker Solutions. “At the same time, there is a strong drive to lower the cost of new products, services and technologies and to make them attractive for more projects. We want to solve these challenges by working more effectively along the value chain and enabling new solutions, we need a trusted partner who understands our business, and Cognizant’s recent investment in digital technologies has made us confident that they can deliver the competitive advantage we need to help our customers thrive in these turbulent times. ”

Cognizant will also help transform and manage Aker Solutions’ SAP enterprise system to streamline its business processes and improve operational efficiency, user experience and employee engagement.

“We look forward to continuing our relationship with Aker Solutions to help the company increase productivity and move to renewable energy as it prepares for profound change,” said Anne-Sofie Risåsen, Head of Nordics, Cognizant. “Our extensive investments in digital technologies, such as artificial intelligence and data analytics, position Cognizant better as the best technology partner to help Aker Solutions solve its core and emerging business challenges.”

The commitment builds on Cognizant’s longstanding relationship with Aker Solutions. Since 2016, Cognizant has been the exclusive provider of digital systems, technology and operational services for Aker Solutions.

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About Aker Solutions

Aker Solutions provides integrated solutions, products and services for the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project delivery, we accelerate the transition to sustainable energy generation. Aker Solutions employs around 14,000 people in more than 20 countries. For more information, please visit: www.akersolutions.com.

About Cognizant

Cognizant (Nasdaq-100: CTSH) is one of the world’s leading professional services companies transforming its customers’ business, operational, and technology models for the digital age. Our unique industry-based consulting approach helps our clients to plan, build and run more innovative and efficient companies. Headquartered in the United States, Cognizant is ranked 185 on the Fortune 500 and consistently ranked among the most admired companies in the world. Learn how Cognizant is helping its customers lead with digital at www.cognizant.com or follow us @Cognizant.

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SOURCE Cognizant