Cognizant Announces the Opening of SAP NetWeaver(R) Test Center; Center to Build Required Test Landscapes for SAP NetWeaver.CHENNAI, India & TEANECK, N.J. -- Cognizant (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CTSH), a leading provider of IT services, today announced the opening of an SAP NetWeaver(R) Test Center at the Company's techno-complex in Bangalore. Cognizant is making increased investments in SAP(R) solutions to help customers realize the full potential of SAP's Enterprise Services Architecture based on the SAP NetWeaver platform. Global demand for services around the SAP NetWeaver platform is increasing significantly, as leading enterprises--including SAP's global customer base of over 30,000--begin service-enabling their business processes. This is reflected in growing demand for SAP NetWeaver from Cognizant's customers, specifically in the manufacturing and life sciences industry segments. "We are pleased that SAP has chosen Cognizant for a dedicated SAP NetWeaver Test Center within our facility," said Lakshmi Narayanan Lakshmi Narayanan is the vice chairman and ex-CEO of Cognizant Technology Solutions (CTS) . He was the CEO and president of Cognizant till 2006. [1] Lakshmi has played a leading role in the global information technology industry for more than 25 years, managing divisions , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Cognizant. "We are committed to making ahead-of-the-curve investments in next generation technology and business platforms such as NetWeaver to enable Cognizant to provide significant value to our customers, thereby supporting their efforts to build stronger businesses." "Based on this investment and Cognizant's expertise in systems and solutions and testing of a broad range of enterprise products, SAP determined that Cognizant is best equipped to offer comprehensive testing services for SAP NetWeaver," said Heinz Haefner, Senior Vice President, NetWeaver Operations, SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. . "We are confident that the value-added testing services offered by Cognizant's SAP NetWeaver Test center will enable faster roll-out of these solutions, helping the SAP partner eco-system to further the Enterprise Services Architecture adoption wave globally." SAP NetWeaver is an open integration and application platform that supports business change, growth and innovation while reducing IT costs and complexities. SAP NetWeaver is the platform that is the technical foundation of mySAP Business Suite  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . solutions, SAP xApps composite applications, partner solutions and customer custom-built applications. SAP NetWeaver provides the technology to enable Enterprise Services Architecture (ESA 1. (architecture) ESA - Enterprise Systems Architecture. 2. (body) ESA - European Space Agency. ) and thereby functions as a composition platform so that customers can flexibly and rapidly design, build, implement and execute new business strategies and processes. About Cognizant Cognizant (NASDAQ: CTSH) is a leading provider of IT services. Focused on delivering strategic information technology solutions that address the complex business needs of its clients, Cognizant provides applications management, development, integration, and re-engineering, infrastructure management, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in , and a number of related services such as enterprise consulting, technology architecture, program management, and change management through its own onsite/offshore outsourcing model. Cognizant's more than 26,000 employees are committed to partnerships that sustain long-term, proven value for customers by delivering high-quality, cost-effective solutions through its development centers in India and onsite client teams. Cognizant maintains P-CMM P-CMM People Capability Maturity Model (Software Engineering Institute) P-CMM Personnel Capability Maturity Model and SEI-CMM Level 5 assessments from an independent third-party assessor, was recently named one of Forbes' Best Small Companies in America for the fourth consecutive year, and ranked among the top information technology companies in BusinessWeek's Hot Growth Companies. Cognizant is a member of the NASDAQ-100 Index. Find additional information about Cognizant at www.cognizant.com. This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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. |
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