Cognizant is to acquire enterprise DevOps and cloud transformation consultancy Contino before the end of the year, with the move designed to provide the professional services firm with a greater range of holistic capabilities. This follows a study by Grand View Research, which reveals that the digital transformation market is expected to exceed $798bn worldwide by 2025, with market growth driven partly by growing demand for the adoption of Internet of Things (IoT) by firms. Brian Humphries, CEO of Cognizant, commented: “The DevOps approach to cloud migration, core modernisation and cloud security is reshaping how enterprises in all industries are building their infrastructures. This new set of holistic cloud capabilities from Contino will enable us to offer and more readily deploy transformative cloud-based solutions.” Contino Co-Founder and CEO Matt Farmer added: “Joining Cognizant enables us to expand and scale our offerings globally, build on our tremendous success, and provide an even richer portfolio of cloud strategy and engineering capabilities.”
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors.Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry.We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
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