Cognizant acquires London-based PIPC

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Cognizant acquires London-based PIPC
Chennai: Cognizant, a provider of IT, consulting and BPO services, announced it has acquired The PIPC Group, a global program management consulting firm. The terms of the transaction were not disclosed. With more than 200 professionals globally, primarily in the UK, Australia, New Zealand, and the U.S., PIPC helps companies to drive business transformation by providing program management services, methods and tools. Some of them include PMO (Project Management Office) core competency and its PhD (Project Health Diagnostic) tool, which has been deployed in over 800 engagements. PIPC will extend and complement Cognizant's existing project management and consulting capabilities and further Cognizant's ability to provide integrated services across consulting, technology, and business process outsourcing. "At a time when cyclical and secular pressures are driving clients to seek new performance thresholds, effective program management is essential to ensure measurable business outcomes. PIPC's strategic program management offerings will strengthen our ability to manage increasingly complex global projects while expanding our geographic footprint, particularly in Australia, New Zealand and the UK," said Francisco D'Souza, President and CEO, Cognizant. "With 85,500 associates worldwide, Cognizant will provide the global delivery capability, experience and scale to enable PIPC to accelerate its growth ambitions. Our organizations have the right cultural fit, and together we can drive business transformation initiatives that combine high-quality consulting, IT, and business process outsourcing services with our advanced project management offerings," said Simon Rawling, Group Managing Director at PIPC.