Cognizant’s executive management team includes CEO Frank D’Souza, Vice Chairman Lakshmi Narayanan, President Gordon Coburn, Chief Executive of Industries.Cognizant, which has a large majority of its 219,000 employees in India, said that the KBACE acquisition would bolster the companys digital business unit.KBACE Technologies To Enable Clients To Accelerate Journey To Cloud And Improve Business Agility.
Acquisition of KBACE strengthens and expands Cognizant’s digital capabilities as more clients move critical business applications to cloud-based IT infrastructure to reduce costs and complexity and improve business agility, it said.
The combined capabilities will further enable Cognizant to help clients become intuitively digital by using the cloud to derive new insights, unlock new opportunities and lower costs through a subscription-based business model, it added.
IT major Cognizant has acquired privately-held KBACE Technologies for an undisclosed amount, a move aimed at strengthening its digital offering.
Customer-driven insight. Deep industry experience. With over 400 implementations across 40 countries, KBACE has set the standard for quality Oracle services.
IT services provider Cognizant announced its deal to acquire KBACE Technologies, a US-based technology services company specializing in cloud deployment.