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INTELLIGENT BRANDS // Software for Business
AVEVA and Cognizant
expand partnership to build
next-gen industrial software
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C
ognizant has announced that it
has expanded its research and
development (R&D) partnership with
AVEVA, a global leader in engineering and
industrial software, to develop cutting-edge
industrial software that will help shape the
future across a range of industries, from
water and energy, to food and infrastructure.
The multi-year, multi-million-dollar deal
will help customers modernise and
implement digital technologies to boost
competitiveness, profitability and return on
capital. Cognizant’s digital, Industrial IoT
and product, cloud and software engineering
experts will work in close collaboration with
AVEVA’s industry experts to design and
build a wide range of complex engineering
and industrial software. The products
will span the entire engineering lifecycle,
including simulations, design, construction,
commissioning, planning, operations
management, monitoring and control, as
well as performance optimisation. Using
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scaled agile development methodologies
and best practices, Cognizant experts will
collaborate with AVEVA to accelerate time-
to-market for the new software.
This latest engagement expands a 10-year
relationship between the two companies,
during which time they have collaborated on
several innovative industry-specific solutions
for customers in the oil and gas, chemicals,
power and utilities, food and beverage,
infrastructure and other sectors.
“Our industrial software portfolio is the result
of years of industry-leading innovation
and business alignment with customers
worldwide,” said Andrew McCloskey, Chief
Technology Officer and Executive Vice
President of Research and Development
at AVEVA. “Digitally transforming the
engineering, operations and asset lifecycle
is key for our customers to compete
globally, drive growth and gain competitive
advantage. Cognizant’s global presence,
high-end experts, robust delivery framework
and culture of innovation complement our
vision for Digital Transformation.”
“Industry 4.0 is here and is now transforming
the world of manufacturing. As AVEVA’s
largest R&D partner, our expanded
collaboration will help customers accelerate
their Industry 4.0 journey and transform
into a ‘connected enterprise’ with greater
reliability, efficiency and safety across their
value chain,” said Rajaram Radhakrishnan,
Global Head for Manufacturing, Logistics,
Energy and Utilities at Cognizant. “As
information and operational technologies
converge, the combination of Cognizant’s
digital capabilities and AVEVA’s deep
domain expertise will strengthen our best-
in-class solutions and create new market
opportunities. Cognizant and AVEVA are
uniquely positioned to innovate on reliable,
cost-effective and easy-to-use products that
transform core processes, plant engineering
and plant operations.” n
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