Cognizant (Nasdaq: CTSH), a Teaneck, N.J.-based professional services companiy, acquired Inawisdom, a UK-based consultancy specializing in artificial intelligence, machine learning, and data analytics to businesses.
The financial details of the deal were not disclosed.
Led by Neil Miles, CEO, Inawisdom focuses on delivering cloud-native, full-stack solutions leveraging proven consulting methodologies and an analytics and machine learning platform built using Amazon Web Services (AWS).
The company has developed the Rapid Analytics and Machine Learning Platform (RAMP), based on AWS cloud technology, to provide a continually evolving and reusable code repository and accelerate AI-driven business outcomes. Using RAMP, coupled with its own Agile consulting approach, the company allows clients across multiple use cases from enhancing supply chain efficiency to improving customer service and reducing operating costs. It is an AWS Premier Consulting Partner recognized by AWS for its machine learning and data and analytics expertise, and for helping clients drive innovation and build solutions on the AWS platform. Clients include businesses in a broad range of industry sectors throughout Europe and the Middle East.
Inawisdom will help Cognizant expand capabilities for clients globally in the key focus areas of data and artificial intelligence, cloud, digital engineering, and Internet of Things.
Founded in 2016, Inawisdom has operations in the UK and the Netherlands. Through the acquisition, Inawisdom will join with Contino, another company in Cognizant’s Digital Business group, to provide end-to-end cloud-native AI and machine learning solutions.
London-based Contino, acquired by Cognizant in 2019, specializes in helping clients accelerate their transition to modern digital businesses with enterprise DevOps methodologies, a cloud-native development approach, and advanced data platforms.
FinSMEs
21/12/2020