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Cognizant and SAP Announce Global Services Partnership
ORLANDO, Florida, May 12 /PRNewswire/ --
- Companies Expand Collaborative Relationship and Global Footprint
Cognizant (Nasdaq: CTSH), a leading provider of global IT and business
process outsourcing services, and SAP AG (NYSE: SAP) today announced a global
services partnership in an effort to deliver increased business value by
streamlining their engagement and enabling both companies to respond quickly
to the ever-changing needs of their customers. The announcement was made at
SAPPHIRE(R) 2009, being held in Orlando, Florida, May 11-14.
The agreement was signed at SAPPHIRE by Francisco D'Souza, President and
CEO of Cognizant, and Bill McDermott, President of Global Field Operations,
SAP AG, and member of the SAP Executive Board. At the conference, Cognizant
was honored with an SAP Pinnacle Award in recognition of its contribution
toward expanding the SAP-focused ecosystem.
The agreement marks an important milestone in the relationship between
the two companies, which have been working together to enable organizations
to realize enhanced business results from their investments in SAP(R)
solutions and become stronger businesses. The Cognizant SAP Touchstone
Center, set up in 2008 at Cognizant's facility in Bangalore, India, is
already working in coordination with SAP Co-Innovation Labs worldwide as the
hub of development and innovation at Cognizant that support SAP solutions.
In keeping with the philosophy of collaborative innovation, the
Touchstone Center and SAP Co-Innovation Labs help to deliver value-added SAP
solutions across industries and domains, develop prototypes for various
customer scenarios and proof of concepts, perform interoperability studies,
and leverage service-oriented architecture (SOA), providing enhanced
flexibility, agility and innovative efficiencies in enterprise applications.
Through this extended relationship, Cognizant and SAP plan to expand their
global reach.
"Cognizant has consistently demonstrated close alignment with SAP, and
its elevation to a global services partner marks a significant milestone in
our relationship," said Zia Yusuf, Executive Vice President, Global Ecosystem
and Partner Group, SAP AG. "This expanded partnership is a testament to our
collaborative relationship and an important part of our strategy to expand
our ecosystem to drive continued customer success."
With this agreement, Cognizant joins a select group of companies that are
a part of the SAP global services partnership program. As a new global
services partner, Cognizant will continue to make ahead-of-the-curve
investments in developing next-generation SAP platforms, enhancing its SAP
consulting practice, creating dedicated SAP sales resources, and supporting
marketing activities across North America, Europe and Asia Pacific.
"The expanded partnership underscores our commitment to innovative SAP
solutions in line with our vision of enabling businesses to meet the
challenges of the new and changing global economy," said D'Souza.
"Cognizant's global services partnership with SAP is already enabling clients
to not only benefit from greater operational efficiencies, but also transform
their businesses. By leveraging the world's best SAP consulting talent,
domain expertise and industry best practices, our clients can achieve
innovative SAP implementations that deliver unique business value."
About Cognizant
Cognizant (Nasdaq: CTSH) is a leading provider of information technology,
consulting, and business process outsourcing services. Recognized by Fortune
Magazine as one of the World's Most Admired Companies, Cognizant's
single-minded passion is to dedicate our global technology and innovation
know-how, our industry expertise, and worldwide resources to working together
with clients to make their businesses stronger. With 50 global delivery
centers and approximately 63,700 employees as of March 31, 2009, we combine a
unique onsite/offshore delivery model infused by a distinct culture of
customer satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index,
Cognizant is a Forbes Global 2000 company and a member of the Fortune 1000
and is ranked among the top information technology companies in
BusinessWeek's Hot Growth and Top 50 Performers listings. Visit us online at
www.cognizant.com.
SAPPHIRE(R) 2009 Orlando
More than 10,000 customers, partners and technical experts are convening
at SAPPHIRE(R) 2009 to discover how SAP and its thriving partner ecosystem
are delivering IT solutions that help today's best-run businesses achieve
clarity in every area of their operations. SAP's premier educational and
networking event, SAPPHIRE is the one occasion where senior executives,
business managers, and decision-makers can come together every year to
explore how innovative business solutions foster long-term, profitable
growth. SAPPHIRE 2009 is being held in Orlando, Florida, May 11-14. For more
information, please visit www.sap.com/sapphire. Join the conversation via
Twitter at #sapphire09.
Based on the success of last year's events, SAP and the Americas' SAP
Users' Group (ASUG) are co-locating their premier events in Orlando, where
the 2009 ASUG Annual Conference takes place May 11-14.
In addition to SAPPHIRE 2009, SAP is also hosting SAP(R) World Tour 2009,
a series of local events in more than 70 cities through Europe, the Middle
East, Asia and Latin America. For more information, visit the SAP World Tour
event page on sap.com.
About SAP
SAP is the world's leading provider of business software(*), offering
applications and services that enable companies of all sizes and in more than
25 industries to become best-run businesses. With more than 86,000 customers
in over 120 countries, the company is listed on several exchanges, including
the Frankfurt stock exchange and NYSE, under the symbol "SAP."
The SAP(R) BusinessObjects(TM) portfolio transforms the way the world
works by connecting people, information and businesses. With open solutions
that work in heterogeneous environments in the areas of business
intelligence; information management; enterprise performance management; and
governance, risk and compliance, the SAP BusinessObjects portfolio enables
organizations to close the gap between business strategy and execution.
For more information, visit www.sap.com.
(*) SAP defines business software as comprising enterprise resource
planning and related applications.
Cognizant Forward-Looking Statements
This press release includes statements which may constitute
forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, the accuracy of which are
necessarily subject to risks, uncertainties, and assumptions as to future
events that may not prove to be accurate. Factors that could cause actual
results to differ materially from those expressed or implied include general
economic conditions and the factors discussed in our most recent Form 10-K
and other filings with the Securities and Exchange Commission. Cognizant
undertakes no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or otherwise.
SAP Forward-Looking Statements
Any statements contained in this document that are not historical facts
are forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "may," "plan," "project,"
"predict," "should" and "will" and similar expressions as they relate to SAP
are intended to identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and uncertainties
that could cause actual results to differ materially from expectations. The
factors that could affect SAP's future financial results are discussed more
fully in SAP's filings with the U.S. Securities and Exchange Commission
("SEC"), including SAP's most recent Annual Report on Form 20-F filed with
the SEC. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
Copyright (c) 2009 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP
products and services mentioned herein as well as their respective logos are
trademarks or registered trademarks of SAP AG in Germany and in several other
countries all over the world. All other product and service names mentioned
are the trademarks of their respective companies. Data contained in this
document serve informational purposes only. National product specifications
may vary.
For customers interested in learning more about SAP products:
Global Customer Center: +49-180-534-34-24
United States Only: 1-800-872-1SAP (1-800-872-1727)






