EDS selects Cognizant as alliance member

By agencies   |   Tuesday, 02 August 2005, 19:30 IST
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CHENNAI: Global technology services company EDS today said it selected Cognizant Technology Solutions as an alliance member to complement its world-class application delivery organization and to enhance "speed" to market and flexibility to meet growing client demands. The alliance with Cognizant, a market leader in offshore application services, will also support EDS global delivery model from the best geographic location based on highest quality and lowest cost, a press release by EDS said here. "Alliances with best-in-class companies, robust enough to meet our client demands, are an integral part of our growth strategy," said Mike Jordan, chairman and CEO of EDS. "An alliance with Cognizant will give us additional speed and flexibility to meet growing client demand, while making our cost base flexible," he said. The alliance is an important aspect in EDS growth strategy and transformation to a new global delivery model. EDS recently began a realignment of its application delivery function, organizing it into application delivery units specializing in specific software platforms, and application industry units, which specialize in industry-specific solutions, the release said. "Our proven global delivery model is complementary to EDS capabilities and will allow us to jointly deliver unique value to EDS clients," said Lakshmi Narayanan, CEO and President of Cognizant. "We are pleased that EDS selected us for this alliance, which provides us with a new incremental opportunity to be part of bundled large-scale IT outsourcing projects, a market segment which we currently do not serve."

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