A market intelligence firm has named Cognizant a leader in its report. The report assesses nine major Product Lifecycle Management (PLM) strategic consulting vendors. Positioning in the report reflects a vendor's current capabilities, services, and alignment to customer needs. The report analyzes how well a vendor builds and delivers capabilities that enable it to execute its chosen strategy in the market as well as how a vendor’s future strategy aligns with what customers will require in three to five years. Placement in the report is based on detailed surveys and interviews with vendors, publicly available information, and end-user experiences.
Positioned in the Leader’s Category, Cognizant is differentiated by strong expertise in the healthcare and consumer products industries with a rapidly growing practice in discrete manufacturing, including automotive and high tech. The report notes that as companies increasingly leverage cloud, mobile, big data analytics, and IoT technologies, Cognizant’s focus on platform technology enablement increases the time, quality, and delivery of new products and services. The report states that “historically strong in consumer goods, life sciences, and oil and gas, Cognizant has ramped up its focus and capabilities in growth segments such as automotive, machinery, and high tech — really any industry that has a need for design, innovation, analytics, and decision support for connected products.”
“The entire spectrum of today’s businesses is being transformed by digital technologies and, increasingly, new products are connected with the ability to generate immense amounts of data,” said Frank Antonysamy, Global Markets Head Connected Products, Cognizant Digital Business. “With the rapid pace of product innovation in a world where everything is connected, PLM platforms are crucial to tapping into the data generated and applying that information to the entire lifecycle of a product. We are proud and excited to be named a Leader in PLM Strategic Consulting... Our team is committed to helping businesses adopt a modern approach to harnessing the data originating from connected devices and adopting a digital PLM architecture in order to be nimbler, more flexible and agile in managing the life span of their products.”
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