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Software AG announces Cognizant as a 2015 Innovation Award winner


Darmstadt & Las Vegas, 20 Oct 2015

Software AG (Frankfurt TecDAX: SOW) announced today that Cognizant has won an Innovation Award for its excellence in digitally transforming and innovating an insurance company's IT infrastructure to significantly enhance its customer engagement and operational agility.

Cognizant was recognised by Eric Duffaut, Software AG Chief Customer Officer, who presented the awards at the Innovation World 2015 conference, attended by 1 000 customers, partners and industry professionals from around the world. Winners were selected from Software AG's community of partners which best showcases their use of the Digital Business Platform. It is the second straight year that Cognizant has received a 'Partner Innovation Award'.

Duffaut noted: "It was an honour to judge the 2015 Software AG Innovation Awards as it offered the opportunity to learn and recognise cutting-edge, enterprise-wide integration implementations that are bringing sustainable value to a business. Cognizant continues to demonstrate strong leadership in identifying, designing and deploying innovative implementations that help clients build digital infrastructures that integrate social, mobile, analytics, and cloud technologies.

Using Software AG's Digital Business Platform, Cognizant cost-effectively transformed the insurance company's entire supply chain to meet the needs of a modern omni-channel sales and distribution approach. Additionally, they simplified operations by trimming redundant and manual processes, while speeding up turnaround times and reducing error rates.

Harish Dwarkanhalli, Cognizant's Vice-President and Global Delivery Head of Integrated Process Management practice, accepted the 2015 Implementation Excellence Award and noted: "This award reflects Cognizant and Software AG's commitment to helping our mutual clients create new business models for digital success. The combination of our deep domain expertise and innovative technologies and solutions enabled us to help clients effectively digitise business processes, create differentiating value, and provide a superior customer experience."

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Software AG

Software AG (Frankfurt TecDAX: SOW) helps organisations achieve their business objectives faster. The company's big data, integration and business process technologies enable customers to drive operational efficiency, modernise their systems and optimise processes for smarter decisions and better service. Building on over 40 years of customer-centric innovation, the company is ranked as a leader in 14 market categories, fuelled by core product families Adabas-Natural, ARIS, Alfabet, Apama, Terracotta and webMethods. Software AG has more than 4 400 employees in 70 countries and had revenues of EUR858 million in 2014. Learn more at www.softwareag.com.

Cognizant

Cognizant (NASDAQ: CTSH) is a leading provider of IT, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (US), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centres worldwide and approximately 218 000 employees as of 30 June 2015, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit Cognizant online at www.cognizant.com or follow the company on Twitter: Cognizant.

Software AG

Detailed press information about Software AG, including a picture and multimedia database, are available under: www.softwareag.com/press.

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Software AG Germany | Software AG Global

Editorial contacts

Prelene Singh
Epic MSLGroup
prelene@epicmslgroup.com