Cognizant Provides Business-Aligned IT Solutions to CAT Group, the Leading Independent Provider of Finished Vehicle Logistics; Manufacturing and Logistics Practice Gains Based on Pre-Built Yardelligent Business Process Framework.TEANECK, N.J. -- Cognizant Technology Solutions Cognizant redirects here. For a definition of the word see the entry for at Wiktionary Cognizant Technology Solutions (NASDAQ: CTSH) is an information technology services company with headquarters in New Jersey U.S.A. (Nasdaq:CTSH), a leading provider of IT services, today announced it has leveraged one of its pre-built business process frameworks, Yardelligent, to quickly build a yard management solution for CAT Group, a leading European logistics company. The custom solution integrates with CAT Group's central vehicle management system and provides accurate vehicle tracking and better resource planning Resource planning may refer to:
"Cognizant was able to quickly understand our unique processes and in this case developed a solution utilizing their business process framework that best suited our needs. Cognizant brings significant business knowledge to the relationship and works closely with business users," said Jan Huizeling, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of CAT Group. Cognizant's Yardelligent combines manufacturing and logistics industry experience with technology capability to deliver innovative solutions for the predictive location of assets, asset inspection and operations tracking in real time. Cognizant was able to build the solution in a relatively short time frame while at the same time providing CAT Group the flexibility to add functionality. "Cognizant has industry specific frameworks based on a scalable and customizable architecture, which can be easily leveraged to meet a client's specific needs. The frameworks allow us to deliver IT solutions that help customers meet business needs quickly," 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. of Cognizant. "Cognizant's approach to global delivery stands out, not simply in its unique 'on-site/offshore' approach, but in the organization of our businesses around specialized industry practices, where extensive domain knowledge leads to optimal software solutions." About Cognizant Technology Solutions 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 onsite/offshore outsourcing model. Cognizant's more than 17,000 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 Forbes' Best Small Company in America for the second consecutive year, and ranked as the top information technology company in BusinessWeek's Hot Growth Companies. Further information about Cognizant can be found at http://www.cognizant.com. CAT Group With a turnover of more than EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1.2 billion, CAT is today one of Europe's largest independent specialist transport and lead logistics companies whose principal activities encompass finished vehicle logistics and related value-added services as well as a full logistics service for vehicle spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. , motorcycles and industrial products. The Company continues to act as the lead logistics provider to Renault through exclusivity commitments and long-term contracts, but as an independent company, it targets opportunities to leverage its existing pan-European, and increasingly global, network to provide similar services to other major automobile, industrial product manufacturers and other major corporate and institutional customers involved in the finished vehicle industry. In 2004 CAT transported more than 3 million vehicles, prepared/customised 1.3 million vehicles and collected 120,000 used cars. 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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