Cognizant secures deal as Hays global technology partner, ushering in a new era of digital transformation and innovation
Cognizant (NASDAQ: CTSH) has secured a strategic partnership with Hays, the world's leading specialist in workforce solutions and recruitment. As Hays' global technology partner, Cognizant will transform Hays' technology landscape to enhance operational efficiency and innovation capabilities. The partnership aims to:
- Implement a modern and secure technology environment
- Enhance customer experience and provide valuable data insights
- Support Hays' Applications, Infrastructure, and Transformation journey globally
- Manage IT operations across UK&IRE, CEMEA, Americas, and APAC regions
- Simplify business processes, platforms, and applications
- Leverage automation to unlock value for clients and the business
This collaboration is expected to improve operational support, enhance agility, and transform the IT landscape, ultimately leading to a more efficient and effective recruitment process for Hays.
Cognizant (NASDAQ: CTSH) ha stretto una partnership strategica con Hays, il leader mondiale nelle soluzioni e nella recruitment della forza lavoro. In qualità di partner tecnologico globale di Hays, Cognizant trasformerà il panorama tecnologico di Hays per migliorare l'efficienza operativa e le capacità di innovazione. L'obiettivo della partnership è:
- Implementare un ambiente tecnologico moderno e sicuro
- Migliorare l'esperienza del cliente e fornire preziose informazioni sui dati
- Sostenere il percorso di applicazioni, infrastrutture e trasformazione di Hays a livello globale
- Gestire le operazioni IT nelle regioni UK&IRE, CEMEA, Americhe e APAC
- Semplificare i processi aziendali, le piattaforme e le applicazioni
- Sfruttare l'automazione per sbloccare valore per i clienti e per l'azienda
Questa collaborazione dovrebbe migliorare il supporto operativo, aumentare l'agilità e trasformare il panorama IT, portando a un processo di recruitment più efficiente ed efficace per Hays.
Cognizant (NASDAQ: CTSH) ha establecido una asociación estratégica con Hays, el líder mundial en soluciones de fuerza laboral y reclutamiento. Como sociólogo tecnológico global de Hays, Cognizant transformará el paisaje tecnológico de Hays para mejorar la eficiencia operativa y las capacidades de innovación. La asociación tiene como objetivo:
- Implementar un entorno tecnológico moderno y seguro
- Mejorar la experiencia del cliente y proporcionar valiosos conocimientos de datos
- Apoyar el viaje de Aplicaciones, Infraestructura y Transformación de Hays a nivel global
- Gestionar las operaciones de TI en las regiones del Reino Unido e Irlanda, CEMEA, América y APAC
- Simplificar los procesos comerciales, plataformas y aplicaciones
- Utilizar la automatización para desbloquear valor para los clientes y el negocio
Se espera que esta colaboración mejore el soporte operativo, aumente la agilidad y transforme el paisaje de TI, lo que llevará a un proceso de reclutamiento más eficiente y efectivo para Hays.
코그니잔트(Cognizant)(NASDAQ: CTSH)는 인력 솔루션 및 채용 분야의 세계적 선도기업인 헤이즈(Hays)와 전략적 파트너십을 체결했습니다. 헤이즈의 글로벌 기술 파트너로서 코그니잔트는 헤이즈의 기술 환경을 혁신하여 운영 효율성과 혁신 능력을 향상시킬 것입니다. 이 파트너십의 목표는 다음과 같습니다:
- 현대적이고 안전한 기술 환경 구현
- 고객 경험 향상 및 귀중한 데이터 통찰 제공
- 헤이즈의 애플리케이션, 인프라, 그리고 글로벌 변환 여정 지원
- 영국 및 아일랜드, CEMEA, 아메리카 및 APAC 지역의 IT 운영 관리
- 비즈니스 프로세스, 플랫폼 및 애플리케이션 단순화
- 자동화를 활용하여 고객과 비즈니스에 가치를 창출
이번 협력은 운영 지원 개선, 민첩성 향상, IT 환경의 변화를 기대하며, 궁극적으로 헤이즈의 더욱 효율적이고 효과적인 채용 프로세스를 이끌어낼 것입니다.
Cognizant (NASDAQ: CTSH) a conclu un partenariat stratégique avec Hays, le leader mondial des solutions de main-d'œuvre et du recrutement. En tant que partenaire technologique mondial de Hays, Cognizant va transformer le paysage technologique de Hays afin d'améliorer l'efficacité opérationnelle et les capacités d'innovation. Les objectifs du partenariat sont les suivants :
- Mettre en œuvre un environnement technologique moderne et sécurisé
- Améliorer l'expérience client et fournir des informations précieuses sur les données
- Soutenir le parcours d'Applications, d'Infrastructure et de Transformation de Hays à l'échelle mondiale
- Gérer les opérations informatiques dans les régions UK&IRE, CEMEA, Amériques et APAC
- Simplifier les processus, plateformes et applications de l'entreprise
- Tirer parti de l'automatisation pour débloquer de la valeur pour les clients et l'entreprise
Cette collaboration devrait améliorer le soutien opérationnel, accroître l'agilité et transformer le paysage informatique, conduisant finalement à un processus de recrutement plus efficace et performant pour Hays.
Cognizant (NASDAQ: CTSH) hat eine strategische Partnerschaft mit Hays, dem weltweit führenden Spezialisten für Arbeitskräuselösungen und Rekrutierung, gesichert. Als globaler Technologiepartner von Hays wird Cognizant die technologische Landschaft von Hays transformieren, um die operative Effizienz und Innovationsfähigkeiten zu verbessern. Ziel der Partnerschaft ist es:
- Eine moderne und sichere technologische Umgebung zu implementieren
- Die Kundenerfahrung zu verbessern und wertvolle Datenanalysen bereitzustellen
- Hays' Anwendungen, Infrastruktur und Transformationsreise weltweit zu unterstützen
- IT-Operationen in den Regionen UK&IRE, CEMEA, Amerika und APAC zu managen
- Geschäftsprozesse, Plattformen und Anwendungen zu vereinfachen
- Automatisierung zu nutzen, um Werte für Kunden und das Unternehmen zu schaffen
Diese Zusammenarbeit wird voraussichtlich die operative Unterstützung verbessern, die Agilität erhöhen und die IT-Landschaft transformieren, was letztendlich zu einem effizienteren und effektiveren Rekrutierungsprozess für Hays führen wird.
- Secured strategic partnership with Hays, a global leader in workforce solutions and recruitment
- Expansion of Cognizant's global technology services portfolio
- Potential for increased revenue through comprehensive IT management and transformation services
- Opportunity to showcase expertise in implementing modern and secure technology environments
- Potential for long-term business growth through successful digital transformation of Hays' operations
- None.
Insights
Cognizant's partnership with Hays marks a significant shift in the recruitment industry's technological landscape. This collaboration goes beyond mere IT support, aiming to revolutionize Hays' global operations through digital transformation. The deal's scope, encompassing applications, infrastructure and transformation journey, indicates a comprehensive overhaul of Hays' tech stack.
From a technological perspective, the most intriguing aspect is Cognizant's commitment to implementing a "modern and secure technology environment". This likely involves:
- Cloud migration for scalability and flexibility
- Advanced data analytics for valuable insights
- AI and machine learning integration for process optimization
- Robust cybersecurity measures to protect sensitive recruitment data
The emphasis on enhancing customer experience through technology suggests a potential shift towards more personalized, AI-driven recruitment processes. This could include intelligent matching algorithms, automated screening and virtual interview platforms.
However, the success of this partnership will hinge on Cognizant's ability to seamlessly integrate new technologies with Hays' existing systems across 30+ countries. The global scale of this transformation presents significant challenges in terms of data consistency, compliance with varied regional regulations and change management.
For investors, this partnership could potentially boost Hays' competitive edge in the
This strategic partnership between Cognizant and Hays is a noteworthy development for both companies from a financial perspective. For Cognizant, securing a global tech partner deal with a leading recruitment firm like Hays represents a significant revenue opportunity. While the exact financial terms aren't disclosed, such large-scale digital transformation projects typically involve multi-year contracts worth millions of dollars.
For Hays, this investment in technology transformation is a double-edged sword financially. On one hand, it will likely incur substantial upfront costs, potentially impacting short-term profitability. On the other hand, the long-term benefits could be substantial:
- Improved operational efficiency could lead to cost savings
- Enhanced customer experience may drive revenue growth
- Data-driven insights could improve placement accuracy and speed, boosting margins
Investors should monitor Hays' financial reports in the coming quarters for indicators of increased IT spending and any impact on margins. It's important to note that the full financial benefits of such large-scale digital transformations often take 2-3 years to materialize fully.
For Cognizant, this deal strengthens its position in the lucrative digital transformation market, estimated to reach
However, the success of this partnership will be critical for both companies. Any significant delays or issues in implementation could lead to cost overruns for Hays and reputational damage for Cognizant. Investors should keep a close eye on project milestones and any updates on the partnership's progress in future earnings calls and reports.
As Hays' global tech partner, Cognizant will use new innovative technologies to enhance customer experience and IT efficiency, in order to drive agility and competitiveness in the business environment
Hays is on a mission to transform and evolve into a globally integrated business, with IT and data as a pivotal driving force. As the global technology partner, Cognizant will deliver enhanced technologies to support Hays' operational delivery and integrated processes that align with the business's evolving needs.
This deal encompasses supporting Hays' Applications, Infrastructure and Transformation journey globally. Cognizant will aim to implement a modern and secure technology environment that will enable an excellent customer experience, and provide valuable data insights to enable Hays' customers and people to succeed, enhancing efficiency and supporting future business growth.
"We are thrilled to be selected as the strategic technology partner for Hays. We aim to develop a strategic and global perspective to manage key business risks effectively. Enhancing technology capabilities and governance will make Hays more agile toward business needs and foster innovation. Additionally, increasing transparency into technology globally will support better financial planning and execution for the company," said Rohit Gupta, Managing Director
Established in the
"Cognizant will manage our IT operations globally across our UK&IRE, CEMEA,
This partnership will not only improve operational support and enhance agility but also improve global customer and candidate experiences. By simplifying business processes, platforms, and applications, it is expected to support the transformation of the IT landscape and leverage automation to unlock value for clients and the business, ensuring a more efficient and effective recruitment process.
About Hays
Hays plc (the "Group") is the world's leading specialist in workforce solutions and recruitment, such as RPO and MSP. The Group is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.
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Christina Schneider | Rashmi Vasisht |
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SOURCE Cognizant Technology Solutions
FAQ
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