TEANECK, N.J., Oct. 25, 2012 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced plans to significantly expand its data center footprint in North America and Europe, and deploy an enterprise-grade cloud infrastructure.
As part of the strategy, Cognizant will initially invest $25 million to open additional data centers in Arizona (U.S.), Virginia (U.S.), Amsterdam ( the Netherlands), and Slough (UK). These data centers, coupled with an enterprise-class multi-tenant cloud platform, will further strengthen Cognizant's infrastructure management capabilities and enable clients to maximize value in their IT environment.
Cognizant's enterprise-class, multi-tenant cloud infrastructure platform broadens the company's overall cloud services portfolio, which includes cloud assessment, architecture and design consulting, cloud system integration, and cloud management services across private, public, and hybrid cloud solutions. These services are powered by Cloud360™, Cognizant's cloud management solution that efficiently automates provisioning, management, and monitoring of diverse cloud operations from a single consolidated management console. These capabilities position the company well to help clients re-platform existing applications on the cloud, deploy new mobile, software-as-a-service, and social networking services to their end-users, and support other business-critical processes."Clients need to modernize their IT capabilities and bring consumer IT models to their users, and at the same time virtualize their infrastructure, rationalize costs, and improve productivity through flexible, as-a-service business models," said Robert Boles, Senior Vice President of Cognizant's IT Infrastructure Services practice. "With our expanded cloud capabilities across our network of data centers, we can greatly enhance our ability to fulfill this growing client need." "Emergence of cloud computing shifted the emphasis in infrastructure services away from low-cost labor arbitrage toward transformation-driven offerings," said Ross Tisnovsky, Senior Vice President of Research at Everest Group. "In the absence of industry standards, we believe that service providers without strong in-house infrastructure solutions are less likely to seize cloud-related opportunities, while those that integrate in-house capabilities with system integration and professional services, like Cognizant, will be more successful in providing cloud solutions in the global services marketplace." These expanded capabilities help Cognizant offer clients a fully integrated suite of business solutions -- business process services, application development and support, data center services, cloud infrastructure, remote infrastructure management, and technology and business transformation. It also marks an important milestone in Cognizant's ability to provide clients with flexible, utility-based, as-a-service delivery models specific to their organizational needs.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts