Cognizant Technology Solutions Corp (NASDAQ:CTSH) and Pivotal have agreed to work on a joint venture, which will hasten the adoption of cloud applications and software platforms. Having begun their collaboration in 2015, the duo has been growing from strength to strength with a keen focus on the modernization of software platforms. They have different levels of know-how and expertise in the industry, which will be helpful in driving large businesses to the next level.
Through the use of critical cloud-based applications, they will enable enterprise clients to build and operate at enterprise scale. Furthermore, their relationship, which has been deepening by the day and the competence in cloud applications and services, has been applied by many of the world’s best-known brands.
It is a major modulation point in global business
Every business wants to embrace methodologies that can offer increased automation, efficiency, and agility in the delivery of services. The integration of Cognizant’s global Digital Business capabilities with Pivotal’s market-leading software development methodology is ideal in the transformation of businesses. The access of unique resources, which are allied to Pivotal’s Platform Acceleration Lab will also be significant.
Pivotal will have everything to benefit from the new collaboration. “We are thrilled to expand our global reach through our collaboration with Cognizant and benefit from their deep services knowledge ……… allowing enterprises to move at startup speeds,” Pivotal CEO, Rob Mee says.
The need to build software for the digital economy
Millions of companies are in dire need of transforming their businesses, perhaps because of the global pressure of embracing superior technological practices. President of Cognizant Digital Business, Gajen Kandiah acknowledges that more clients are seeking for more engaging consumer experiences through the right software, which will in return improve the digital economy.
Millions of developers throughout the world have been touched by Pivotal’s technology, which is behind many of the world’s most admired brands. It is also responsible for the shaping of software development cultures of most valuable companies in Silicon Valley.
On the other hand, Cognizant has been working so hard in helping clients visualize, build and run more inventive and efficient businesses. Meanwhile, Cognizant’s stock closed at $64.28 witnessing an increase of $1.06 or 1.68%.
