Cognizant (CTSH) and BayWa are initiating a five-year collaboration focused on digital transformation and IT service operations. Cognizant will take over the management of core IT services as well as a corresponding number of BayWa employees. The goal is to create a future-ready, scalable IT landscape and strengthen BayWa’s capacity for innovation. The partnership covers IT infrastructure, application management, service desk, and workplace services.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTSH:
- “Committed to Support the India Semiconductor Mission”: Intel Stock (NASDAQ:INTC) Slides Despite Modi Meetings
- Cognizant price target raised to $82 from $78 at UBS
- Cognizant expands Synapse initiative
- Nvidia resumed, Palo Alto downgraded: Wall Street’s top analyst calls
- William Blair upgrades Cognizant into ‘new phase of growth’