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Cognizant acquires pepperweed advisors

Views 1 Views    Comments 0 Comments    Share Share    Posted 09-09-2009  
Bangalore: Cognizant (NASDAQ: CTSH), a provider of consulting, technology and business process outsourcing (BPO) services, has announced the acquisition of substantially all of the assets of Pepperweed Advisors, the IT consulting services division of Pepperweed Consulting. Pepperweed Advisors uses its proprietary best practice process models and software to act as a trusted advisor to IT leaders requiring vendor-neutral advice regarding optimal alignment of IT and business process flows. Terms of the transaction were not disclosed.

This acquisition brings to Cognizant`s IT Infrastructure Services (ITIS) practice a strategic consulting capability in two areas - IT Service Management (ITSM) and IT Asset Management (ITAM) - along with seasoned consulting talent and significant intellectual property, including well defined IT Infrastructure Library (ITIL)-based processes, tools and frameworks.

On the acquisition, Francisco D`Souza, President and CEO, Cognizant said, "We welcome Pepperweed Advisors to the Cognizant fold as we strengthen our Cognizant business consulting offerings. Our consulting breadth and depth has been a significant differentiator for our growing ITIS practice. Pepperweed helps to round out our ITIS consulting portfolio while enhancing our ability to serve as trusted advisors to our clients."

The ITIL, an internationally recognized standard, defines ITSM as the delivery and support of IT services that are appropriate to the business requirements of an organization. ITSM helps to transform the IT organization from a support group to a service group in which ITIL processes and best practices are introduced. Robert Boles, Vice President, ITIS, Cognizant said, "Pepperweed Advisors brings us intellectual property, IT process models, and detailed delivery kits that deepen our domain expertise and enable hands-on implementation of ITSM for our clients, leveraging our ITIL-based global service delivery framework."

Pepperweed Advisors has developed substantial intellectual property and IT process models, including the Pepperweed Process Model, an `ERP for IT` reference model containing more than 20 processes, which has been downloaded by more than 2,000 IT professionals in 80 countries. In addition, Pepperweed has created PathFinder 2.0, a process-to-technology enablement software system that provides clients access to their IT process and best practices content in a full-featured, easy-to-use web application.

Source:
http://www.siliconindia.com/shownews/Cognizant_acquires_Pepperweed_Advisors_-nid
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