Markets

Cognizant (CTSH) Cloud Facilitates Digitization of ACCO

An image of a pen, a magnifying glass, a calculator and a laptop on a table
Credit: Shutterstock photo

Cognizant Technology Solutions CorporationCTSH announced that its cloud solutions have been deployed by ACCO Brands Corporation ACCO to boost its IT infrastructure. This will improve performance and lower costs for ACCO Brands.

Cognizant has leveraged its strategic partnership with Microsoft MSFT and SAP SE SAP to enable ACCO Brands migrate its workload from enterprise SAP systems, which was an on-premise data center to the Microsoft Azure cloud platform. In addition, Cognizant has also implemented the pay-per-use Infrastructure-as-a-Service (IaaS) model for ACCO Brands in order to provide it with the flexibility and scalability given an evolving IT environment.

A Cognizant executive commented that "We're helping large, global enterprises like ACCO become intuitively digital by using the cloud as part of a foundation to build new models, derive new insights and unlock new opportunities." He also added "Using our proven cloud transformation process with prebuilt solution blueprints, made-for-the-cloud tools and a variety of public, private or hybrid options enables us to work with clients to efficiently assess and plan, set up, migrate and manage their most complex environments and mission-critical workloads."

Cognizant has placed itself well to benefit from the ongoing digitization of businesses. The company has been consistently developing its capabilities for integrating the new digital framework with legacy technology platforms.

Currently, Cognizant has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

COGNIZANT TECH Price and Consensus

COGNIZANT TECH Price and Consensus | COGNIZANT TECH Quote

Zacks' Top Investment Ideas for Long-Term Profit

How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

COGNIZANT TECH (CTSH): Free Stock Analysis Report

MICROSOFT CORP (MSFT): Free Stock Analysis Report

SAP AG ADR (SAP): Free Stock Analysis Report

ACCO BRANDS CP (ACCO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CTSH SAP MSFT ACCO

Other Topics

Stocks