Cognizant Named Oracle Fusion CRM Application Co-Development Partner
By Cognizant, PRNETuesday, September 21, 2010
Cognizant, a Next-Generation Solutions Provider, to Help Companies Migrate to Open, Standards-Based Oracle Fusion Applications
TEANECK, New Jersey, September 22, 2010 - Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology,
and business process outsourcing services, announced today it has been
selected by Oracle Applications Product Development to participate in Oracle
Fusion Applications integration and migration co-development projects. The
announcement was made today at Oracle Open World 2010
(www.oracle.com/us/openworld/index.html), San Francisco.
Oracle selected Cognizant to co-develop customer relationship management
(CRM) software tools to enable the seamless, secure and rapid integration and
migration of critical customer data from Oracle's Siebel CRM to Oracle Fusion
CRM applications. Cognizant is also assisting in Oracle Fusion CRM
application testing, and Cognizant teams worldwide are undergoing extensive
training in Oracle Fusion applications and technology, including its
architecture and data model.
"Cognizant is a next-generation solutions partner with years of
industry-specific business consulting and enterprise software experience,
helping large global companies improve their customer-centric processes. By
tailoring Siebel CRM applications to support those processes, Cognizant will
allow Oracle Fusion CRM customers to move beyond mere sales automation by
improving sales effectiveness and productivity," said Steve Miranda, Senior
Vice President, Oracle Application Development. "In addition, Cognizant will
help ensure cost-effective, high-quality implementations across the entire
Oracle Fusion Applications suite through its proven global delivery model and
methodologies."
As a Co-Development Partner in Oracle Fusion Applications Co-Development
projects, Cognizant has demonstrated the highest levels of functional
application domain and technological architecture expertise. It has invested
in co-development efforts that typically span nine to 24 months, working
closely with Oracle Product Development to deliver next-generation functional
and technical integration for Oracle Fusion Applications.
"We are committed to working with Oracle and our clients to support the
open technology foundation of Oracle Fusion Applications, which helps ensure
their integration, security, and extensibility. We have gained deep
experience with these applications prior to their release, and we look
forward to participating in early-adoption client engagements, delivering
co-existing and upgradable service offerings and best practices
implementations," said Peter Grambs, Senior Vice President, Customer
Solutions Practice at Cognizant.
About Oracle Fusion Applications
Oracle Fusion Applications are 100% open standards-based business
applications that provide a new standard for the way we innovate, work and
adopt technology. Delivered as a complete suite of modular applications,
Oracle Fusion Applications work side-by-side with Oracle's Applications
Unlimited portfolio to evolve business to a new level of performance.
About Cognizant
Cognizant (Nasdaq: CTSH) is a leading provider of information technology,
consulting, and business process outsourcing services. 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 over 50 global delivery
centers and approximately 88,700 employees as of June 30, 2010, we combine a
unique global delivery model infused with 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.
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.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its
affiliates.
Visit Cognizant at Booth 1021 in Moscone South
Catherine Marenghi, Public Relations, +1-781-223-8673, catherine.marenghi at cognizant.com
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