Showing posts with label Cognizant. Show all posts
Showing posts with label Cognizant. Show all posts

Thursday, 20 June 2019

Life sciences technology leader acquired.

Zenith Technologies, the life sciences manufacturing technology services company headquartered in Cork (IRL) is to be acquired by Cognizant. Their more than 800 people will become part of Cognizant’s Life Sciences business unit.

Joe Haugh
Zenith's CEO
“In joining Cognizant, we are bringing together two respected life sciences service provider brands with complementary technology and manufacturing operations expertise,” said Joe Haugh, Chief Executive Officer, Zenith Technologies. “It’s an exciting time for us, with the life sciences industry embracing digital transformation to enable more flexible and efficient manufacturing facilities to bring new treatments to market faster. Our combined business will drive process excellence through tighter integration of manufacturing processes and systems, the efficient harnessing of information and analytics across the manufacturing value chain, and the adoption of IoT technologies delivering manufacturing 4.0. Together, we are well-positioned to help clients more efficiently produce the life-changing medicines and medical devices for patients who need them most.”

The acquisition extends Cognizant’s capabilities for designing, implementing and managing end-to-end operational and information technology systems for connected biopharmaceutical and medical device manufacturers. Interconnected “smart factories” have become a strategic priority for the industry, with production systems and processes becoming more complex because of research advances and increased demand for large-molecule biologics.

Brendan O'Regan, 
Zenith's Founder
The combined Cognizant-Zenith Technologies expertise will deliver a range of Industry 4.0 capabilities, from factory design consultation, machine sensor and controller instrumentation, supervisory control, and data acquisition, to manufacturing execution systems, batch automation, enterprise resource planning integration and managed services. The company’s operating hubs in Ireland, Germany, India, Singapore, the United States and other sites around the world are located near manufacturing facilities of many Cognizant clients. Cognizant is a leading services provider to the life sciences industry, working with all of the world’s top 30 life sciences companies.

“Industry 4.0 solutions, encompassing Internet of Things (IoT), automation and analytics, are a strategic focus area for Cognizant,” said Brian Humphries, Chief Executive Officer, Cognizant. “In acquiring Zenith Technologies, we expand Cognizant’s IoT portfolio and extend our life sciences domain expertise by becoming a single-source provider of end-to-end smart factory capabilities. Together, we are better positioned to help clients realize information and operational technology convergence in their manufacturing operations, and advance the development of life-saving drugs, biologics, specialized pharmaceuticals and medical devices. We look forward to welcoming Zenith Technologies’ employees to Cognizant.”

The transaction is expected to close in the third quarter of 2019, subject to satisfaction of closing conditions, including regulatory review. Financial details were not disclosed.

Founded in 1998, Zenith Technologies operates on five continents, with 16 locations around the globe. Zenith Technologies works with nine of the world’s 10 largest biopharmaceutical manufacturers, implementing and supporting their manufacturing lifecycle software through its Consultancy, Manufacturing Digital and Automation Systems Integration, and Manufacturing Site Services business lines.

A recognized industry leader, Zenith Technologies was named “Pharma Supplier of the Year” at the 2018 Pharma Industry Awards, which acknowledge companies demonstrating innovation and excellence in the Irish biopharma industry.
The Zenith story to date!

@ZT_Global @Cognizant #PAuto #Pharma #Ireland @CognizantNews

Monday, 11 October 2010

Delivery of large-scale enterprise control solutions to manufacturing and process industries accelerated.

Invensys Strengthens Relationship with Cognizant

Invensys Operations Management has announced that it has strengthened its strategic relationship with Cognizant, a leading provider of consulting, technology and business process outsourcing services. The new go-to-market agreement will accelerate the delivery of Invensys Operations Management’s InFusion™ Enterprise Control System-based solutions for customers in the manufacturing and process industries.
“This agreement is the logical next step in our relationship with Cognizant. It’s good news for our clients and our system integration ecosystem partners, and it’s exactly what we envisioned when we joined forces on product development last year,” said Steve Blair, president, Invensys Operations Management, North America. “This is a great compliment to our delivery mechanism because, in effect, we have expanded our collaboration from global research and development to a strategic alliance where we will jointly deliver consulting and solutions across our mutual clients’ operations and business systems, specifically focusing on large-scale, open integration utilising the InFusion Enterprise Control System– the ECS.
“The InFusion ECS overcomes traditional barriers to achieving real-time visibility, enterprise-wide profitability and operational excellence across an entire business. By linking independent systems and personnel that do not traditionally communicate or collaborate, the InFusion ECS acts as a system of systems to provide critical, real-time business and operating information and collaboration that can enhance enterprise-wide decision making and improve overall profitability. Together, Cognizant and Invensys will provide fully integrated solutions that seamlessly connect the production environment with the decision-making, analytics and collaboration environment to drive real-time enterprise control and, ultimately, operational excellence,” he concluded.
“This partnership adds tremendous value to our clients,” said Ravi Gopinath, president, Invensys Operations Management, Asia Pacific. “Invensys will focus on creating and delivering innovative, real-time solutions for the operations management space. These services will be complemented by Cognizant’s consulting and system integration capabilities in enterprise IT solutions, especially for large-scale, enterprise-wide projects. Customers will get the combined benefit of two companies: one that is a leader in automation and operations management and one that has deep expertise in enterprise IT, making this partnership truly unique in the industry.
“Additionally, the two companies will leverage new and existing client relationships where there is an opportunity to provide enterprise control solutions and services to support these clients. Cognizant has also certified its sales and support teams on Invensys offerings, enabling Cognizant to fully support the go-to-market model envisioned in this partnership.”

“We are pleased with our maturing relationship with Invensys Operations Management,” said Venkateswaran Mahesh, senior vice president, engineering, manufacturing and retail practice, Cognizant. “By combining our deep knowledge of Invensys products with our consulting-led approach, global delivery platform and proven capabilities in enterprise systems integration and analytics, we are delivering a compelling value proposition to Invensys customers by way of industry-aligned enterprise control solutions. The success of this relationship truly underscores the power of collaborative innovation.”