Cognizant Acquires SAP Cloud Partner Utegration
Cognizant is based in Teaneck, New Jersey. The company has 317,288 employees listed on LinkedIn. Cognizant’s areas of expertise include interactive, intelligent process automation, digital engineering, industry & platform solutions, Internet of things, artificial intelligence, cloud, data, healthcare, banking, finance, FinTech, manufacturing, retail, technology and Salesforce applications.Utegration, founded in 2008, is based in Houston, Texas. The company has 402 employees listed on LinkedIn. Utegration’s areas of expertise include SAP For ISU, Utility4U Cloud Platform, Strategic SAP Application Managed Services, AMI-Advanced Metering Infrastructure, Optimizing SAP Finance, Analytics for Utilities, SAP S/4HANA, utility asset performance management, customer experience and customer billing.The acquisition will broaden Cognizant's intellectual property portfolio and expand the companies' SAP expertise. Cognizant will gain approximately 350 employees in North America and India upon the close of the acquisition, the companies said.
"We believe Utegration's rich industry expertise and differentiated portfolio of energy and utilities-focused products and accelerators is a perfect complement to our SAP practice. In bringing together Utegration's experienced, specialist team with our global scale in SAP and digital transformation, we have a strong new set of capabilities designed to address the market's critical transformation needs."
"Combining our strengths with Cognizant is a win for our clients and our colleagues. Utegration has grown with a singular focus on the needs of energy and utilities businesses, and becoming part of Cognizant expands the scope and scale we have to deliver for clients, including beyond the energy sector. We could not be more pleased to be joining a team that shares our values and commitment to innovation, client service, and providing a great culture for our people to grow their careers."
