Cognizant Accelerates Investment in Retail Practice

Thursday 3 March 2005 14:40 CET | News

Cognizant Technology Solutions a leading provider of IT services, today announced that its retail practice continues to expand rapidly. Cognizant counts six out of the top 20 retailers worldwide as customers.

Cognizant has several solutions for retailers. These include solutions in the area of Warehouse Management, Price Optimization, Wireless POS, Customer Relationship Management, Supply Chain Solutions using RFID, Accelerated Barcode Compliance Tool Kit, and Retail IT Strategy Consulting. Cognizant has developed a detailed framework for package evaluation to help in package selection for customers. “Our investments in solutions and people in our retail practice have paid off,” said Francisco D’Souza, Cognizant’s COO. “Revenues from services to retail, manufacturing and logistics clients grew 62% in 2004 and now account for 19% of our total revenue.” Cognizant’s Retail solutions have won the Computerworld Smithsonian Honors three years in a row. Cognizant also has partnerships with the major RFID technology vendors.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce