STOCK TITAN

du partners with Cognizant to elevate digital Telecommunications excellence

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Cognizant (NASDAQ: CTSH) and du, a leading telecom and digital services provider, have announced a five-year strategic partnership to accelerate du's digital transformation. The collaboration aims to enhance du's internal capabilities and maintain its position at the forefront of the telecommunications industry. Cognizant will provide comprehensive services including quality engineering and assurance, release management, automation services, and governance for various systems and digital areas.

The partnership will support du's strategic initiatives with enterprise architecture and high-level solution design, focusing on improving quality and reducing time to market. This collaboration is expected to empower du to elevate its service quality and provide tailored digital experiences to meet diverse client needs, aligning with the UAE's innovation and growth objectives.

Cognizant (NASDAQ: CTSH) e du, un fornitore leader di servizi telecom e digitali, hanno annunciato una partnership strategica quinquennale per accelerare la trasformazione digitale di du. La collaborazione mira a potenziare le capacità interne di du e a mantenere la sua posizione all'avanguardia nel settore delle telecomunicazioni. Cognizant fornirà servizi completi, tra cui ingegneria della qualità e garanzia, gestione dei rilasci, servizi di automazione e governance per diversi sistemi e aree digitali.

La partnership supporterà le iniziative strategiche di du con architettura enterprise e progettazione di soluzioni di alto livello, concentrandosi sul miglioramento della qualità e sulla riduzione dei tempi di immissione sul mercato. Si prevede che questa collaborazione consenta a du di elevare la qualità del servizio e fornire esperienze digitali personalizzate per soddisfare le diverse esigenze dei clienti, in linea con gli obiettivi di innovazione e crescita degli Emirati Arabi Uniti.

Cognizant (NASDAQ: CTSH) y du, un proveedor líder de telecomunicaciones y servicios digitales, han anunciado una asociación estratégica de cinco años para acelerar la transformación digital de du. La colaboración tiene como objetivo mejorar las capacidades internas de du y mantener su posición a la vanguardia de la industria de telecomunicaciones. Cognizant proporcionará servicios integrales, incluyendo ingeniería y aseguramiento de la calidad, gestión de lanzamientos, servicios de automatización y gobernanza para varios sistemas y áreas digitales.

La asociación apoyará las iniciativas estratégicas de du con arquitectura empresarial y diseño de soluciones de alto nivel, centrándose en mejorar la calidad y reducir el tiempo de comercialización. Se espera que esta colaboración empodere a du para elevar la calidad de su servicio y proporcionar experiencias digitales personalizadas que satisfagan las diversas necesidades de los clientes, alineándose con los objetivos de innovación y crecimiento de los EAU.

코그니전트 (NASDAQ: CTSH)와 디유(du), 선도적인 통신 및 디지털 서비스 제공업체가 디유의 디지털 변환을 가속화하기 위한 5년 전략 파트너십을 발표했습니다. 이 협력은 디유의 내부 역량을 강화하고 통신 산업의 최전선에 위치를 유지하는 것을 목표로 합니다. 코그니전트는 여러 시스템 및 디지털 영역에 대한 품질 엔지니어링 및 보증, 릴리스 관리, 자동화 서비스 및 거버넌스를 포함한 포괄적인 서비스를 제공합니다.

이 파트너십은 기업 아키텍처 및 고급 솔루션 설계를 통해 디유의 전략적 이니셔티브를 지원하며, 품질 개선 및 시장 출시 시간을 단축하는 데 집중합니다. 이번 협업은 디유가 서비스 품질을 향상시키고 다양한 고객의 요구에 맞춘 맞춤형 디지털 경험을 제공할 수 있도록 지원할 것으로 기대되며, UAE의 혁신 및 성장 목표와 일치합니다.

Cognizant (NASDAQ: CTSH) et du, un fournisseur leader de services de télécommunications et numériques, ont annoncé un partenariat stratégique de cinq ans pour accélérer la transformation numérique de du. Cette collaboration vise à renforcer les capacités internes de du et à maintenir sa position à la pointe de l'industrie des télécommunications. Cognizant fournira des services complets, y compris ingénierie et assurance qualité, gestion des versions, services d'automatisation et gouvernance pour divers systèmes et domaines numériques.

Le partenariat soutiendra les initiatives stratégiques de du avec une architecture d'entreprise et une conception de solutions de haut niveau, en se concentrant sur l'amélioration de la qualité et la réduction du temps de mise sur le marché. Cette collaboration devrait permettre à du d'élever la qualité de ses services et de fournir des expériences numériques personnalisées pour répondre aux divers besoins des clients, en accord avec les objectifs d'innovation et de croissance des Émirats Arabes Unis.

Cognizant (NASDAQ: CTSH) und du, ein führender Anbieter von Telekommunikations- und digitalen Dienstleistungen, haben eine fünfjährige strategische Partnerschaft angekündigt, um die digitale Transformation von du zu beschleunigen. Die Zusammenarbeit zielt darauf ab, die internen Fähigkeiten von du zu verbessern und die Position als Vorreiter in der Telekommunikationsbranche zu sichern. Cognizant wird umfassende Dienstleistungen anbieten, einschließlich Qualitätsingenieurwesen und -sicherung, Release-Management, Automatisierungsdienste und Governance für verschiedene Systeme und digitale Bereiche.

Die Partnerschaft wird die strategischen Initiativen von du mit Unternehmensarchitektur und hochrangigem Lösungsdesign unterstützen, wobei der Fokus auf der Verbesserung der Qualität und der Verkürzung der Markteinführungszeit liegt. Es wird erwartet, dass diese Zusammenarbeit du dabei helfen wird, die Servicequalität zu steigern und maßgeschneiderte digitale Erlebnisse zu bieten, um den unterschiedlichen Kundenbedürfnissen gerecht zu werden, und mit den Innovations- und Wachstumszielen der VAE in Einklang steht.

Positive
  • Five-year strategic partnership with du, a leading telecom provider
  • Opportunity to accelerate du's digital transformation
  • Provision of comprehensive quality engineering and assurance services
  • Support for du's strategic initiatives and enterprise architecture
Negative
  • None.

Insights

This partnership between du and Cognizant represents a significant step in du's digital transformation journey. The five-year strategic relationship aims to enhance du's internal capabilities, focusing on quality engineering, automation and enterprise architecture. This collaboration is likely to improve du's service quality and operational efficiency, potentially leading to increased customer satisfaction and market competitiveness.

For Cognizant, this deal strengthens its position in the Middle East telecommunications market. The company will provide comprehensive services across Business Support Systems, Operational Support Systems and Enterprise Support Systems, as well as digital, data and integration areas. This broad scope of work could translate into substantial revenue over the five-year period.

However, the impact on Cognizant's overall financial performance may be , given the company's global scale and $38 billion market cap. While positive, this single contract is unlikely to significantly move the needle for Cognizant's stock in the short term. Investors should view this as part of Cognizant's ongoing strategy to expand its presence in emerging markets and deepen its expertise in the telecommunications sector.

The collaboration will integrate Cognizant's advanced solutions to enhance du's service quality and customer satisfaction, ushering in a new era of digital innovation in the telco industry.

TEANECK, N.J., Oct. 16, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and du, the leading telecom and digital services provider, today announced a five-year strategic relationship aimed at accelerating du's digital transformation. The collaboration is focused on enhancing du's internal capabilities to ensure the company remains at the forefront of the rapidly evolving telecommunications landscape.

du is committed to delivering more agile and efficient services, aligning with the UAE's ambitious innovation and growth objectives. Cognizant will provide du with comprehensive quality engineering and assurance, release management, automation services, and governance for Business Support Systems, Operational Support Systems, and Enterprise Support Systems, digital, data, and integration areas.  Additionally, Cognizant will support du's strategic initiatives with enterprise architecture and high-level solution design, aiming to ensure enhanced quality, and reduced time to market. This collaboration with Cognizant will empower du to elevate its service quality and provide tailored digital experiences that meet the diverse needs of its clients.

"By strengthening our internal capabilities through our relationship with Cognizant, we are ensuring that du is well-positioned to meet future demands, drive innovation, and provide world-class services to our clients," said Fahad Al Hassawi, CEO at du. "This collaboration reflects our commitment to delivering impactful, forward-thinking solutions that improve the lives of the communities we serve."

"We are proud to collaborate with du as they embark on their digital transformation journey," added Maged Wassim, Head of Cognizant Middle East. "By leveraging our expertise in quality engineering, we aim to elevate du's innovative spirit and optimize their operations, empowering them to deliver exceptional client experiences that set new benchmarks in the telecommunications sector across the Middle East."

About du

du adds life to life with a comprehensive portfolio of mobile, fixed, broadband, entertainment services, and fintech solutions. Through a digital-first approach powered by ultra-reliable fiber and 5G technology, du delivers bespoke solutions leveraging cloud computing, AI-driven analytics, advanced cybersecurity, and IoT integration. As a trusted digital telco enabler spearheading the UAE's digital transformation, we collaborate with a dynamic partner ecosystem to propel industries and society toward operational excellence, shaping a more connected and digitally advanced future across the region. 

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.

For more information, contact: 

GlobalPR@cognizant.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/du-partners-with-cognizant-to-elevate-digital-telecommunications-excellence-302277042.html

SOURCE Cognizant Technology Solutions

FAQ

What is the duration of the partnership between Cognizant and du?

Cognizant and du have announced a five-year strategic partnership.

What services will Cognizant provide to du as part of this collaboration?

Cognizant will provide quality engineering and assurance, release management, automation services, and governance for various systems, as well as support for enterprise architecture and high-level solution design.

How will this partnership benefit du's customers?

The collaboration aims to enhance du's service quality and provide tailored digital experiences that meet the diverse needs of its clients.

What is the stock symbol for Cognizant mentioned in the press release?

Cognizant's stock symbol is NASDAQ: CTSH.

Cognizant Technology Solutions

NASDAQ:CTSH

CTSH Rankings

CTSH Latest News

CTSH Stock Data

39.41B
494.98M
0.17%
99.6%
3.24%
Information Technology Services
Services-computer Programming Services
Link
United States of America
TEANECK