• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Aker Solutions and Cognizant Renew Collaboration to Drive IT Transformation with AI-First Approach

    6/30/25 2:00:00 AM ET
    $CTSH
    EDP Services
    Technology
    Get the next $CTSH alert in real time by email

    The new agreement seeks to modernize Aker Solutions' IT infrastructure using AI platforms, including Cognizant Neuro® platform.

    OSLO, Norway, June 30, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) and Aker Solutions, a global leader from Norway in the energy industry, have extended their long-lasting partnership, which began in 2016, with a new multi-year agreement. Using the Cognizant Neuro® platform, designed to boost generative AI adoption with flexibility, security, scalability, and responsibility, this agreement aims to transform Aker Solutions' IT service delivery, making it more agile and efficient for the evolving energy sector.

    Under the new agreement, Cognizant has introduced a transformation roadmap that focuses on upgrading current services without disrupting stable operations. Using the latest technology and AI platforms, Cognizant aims to modernize Aker Solutions' IT operations and projects, including cloud services, IT infrastructure, application management, networks, and cybersecurity. This transformation is expected to enhance the end-user experience while leveraging AI and machine learning to better protect Aker Solutions' critical data and infrastructure. Additionally, with the implementation of a scalable and flexible consumption-based commercial model, Cognizant aims to increase overall agility, enabling Aker Solutions to adapt quickly to changing market demands.

    "This agreement supports Aker Solutions' digital journey, aligning with our strategy to leverage digitalization to increase value creation and reduce costs across the entire project lifecycle", said Signy Vefring, Executive Vice President for Strategy and Technology at Aker Solutions.

    "I'm excited to take our partnership to the next level and to equip our organization with the tools and infrastructure needed to stay at the digital forefront of our industry", said Ingvild Berlin Kalleberg, Chief Information Officer at Aker Solutions.

    "I look forward to the continued collaboration with Aker Solutions. By leveraging the Cognizant Neuro® platform, we aim to enhance innovation across Aker Solutions' IT operations, reinforce our shared commitment to digital transformation, and further advance technology-driven outcomes for the energy sector in Norway and beyond", said Saket Gulati, Head of Northern Europe at Cognizant.

    "We are excited to continue this renewed collaboration with Aker Solutions. This is a testament to the successful relationship and the positive outcomes we have delivered over the past nine years," said Knut Inge Buset, Head of Norway at Cognizant. "Today, there is increasing reliance on new energy sources, along with a growing need for improved efficiency. This requires unprecedented operational agility within the energy and utilities sector, and investment in digital has become a vital component for many traditional operators and new entrants alike."

    About Cognizant: Cognizant (NASDAQ:CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.

    About Aker Solutions: Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 11,800 people in more than 15 countries.

    For more information, contact: For more information about Cognizant and for media enquiries, please contact [email protected]

    New Cognizant Logo (PRNewsfoto/Cognizant)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aker-solutions-and-cognizant-renew-collaboration-to-drive-it-transformation-with-ai-first-approach-302492289.html

    SOURCE Cognizant Technology Solutions

    Get the next $CTSH alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CTSH

    DatePrice TargetRatingAnalyst
    5/19/2025$98.00Neutral → Overweight
    Analyst
    5/1/2025$90.00Neutral → Positive
    Susquehanna
    12/17/2024$80.00 → $95.00Equal Weight → Overweight
    Barclays
    8/28/2024$90.00Buy
    Jefferies
    8/7/2024$73.00 → $75.00Underperform → Neutral
    BofA Securities
    6/24/2024$72.00Neutral
    Goldman
    4/1/2024$87.00 → $80.00Positive → Neutral
    Susquehanna
    3/19/2024$80.00Neutral
    Guggenheim
    More analyst ratings

    $CTSH
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Cognizant Tech upgraded by Analyst with a new price target

      Analyst upgraded Cognizant Tech from Neutral to Overweight and set a new price target of $98.00

      5/19/25 8:46:33 AM ET
      $CTSH
      EDP Services
      Technology
    • Cognizant Tech upgraded by Susquehanna with a new price target

      Susquehanna upgraded Cognizant Tech from Neutral to Positive and set a new price target of $90.00

      5/1/25 7:42:13 AM ET
      $CTSH
      EDP Services
      Technology
    • Cognizant Tech upgraded by Barclays with a new price target

      Barclays upgraded Cognizant Tech from Equal Weight to Overweight and set a new price target of $95.00 from $80.00 previously

      12/17/24 7:41:42 AM ET
      $CTSH
      EDP Services
      Technology

    $CTSH
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cognizant Among First to Sign White House Pledge to Invest in AI Education for America's Youth

      TEANECK, N.J., July 1, 2025 /PRNewswire/ -- Today, Cognizant was recognized as one of the first organizations to sign the White House's Pledge to America's Youth: Investing in Artificial Intelligence (AI) Education. Cognizant joins more than 60 leading U.S. organizations that have committed to supporting America's youth and investing in AI education through this pledge. The pledge is designed to support the goals and mission of President Trump's executive order Advancing Artificial Intelligence Education for America's Youth. Working alongside the  White House Task Force on Art

      7/1/25 9:00:00 AM ET
      $CTSH
      EDP Services
      Technology
    • Aker Solutions and Cognizant Renew Collaboration to Drive IT Transformation with AI-First Approach

      The new agreement seeks to modernize Aker Solutions' IT infrastructure using AI platforms, including Cognizant Neuro® platform. OSLO, Norway, June 30, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) and Aker Solutions, a global leader from Norway in the energy industry, have extended their long-lasting partnership, which began in 2016, with a new multi-year agreement. Using the Cognizant Neuro® platform, designed to boost generative AI adoption with flexibility, security, scalability, and responsibility, this agreement aims to transform Aker Solutions' IT service delivery, making it more agile and efficient for the evolving energy sector.

      6/30/25 2:00:00 AM ET
      $CTSH
      EDP Services
      Technology
    • Cognizant Expands Salesforce Partnership with New Offerings for Agentforce

      New services help clients deploy, scale, and govern enterprise-grade AI agents with the goal of transforming customer and business operations across industries. TEANECK, N.J., June 25, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced an expansion of its partnership with Salesforce, introducing a new suite of customer and operations transformation services built for Salesforce's Agentforce. The offerings are designed to help enterprises accelerate their shift to an AI-augmented workforce, combining human expertise with autonomous agents to drive productivity, responsiveness, and scalable impact.

      6/25/25 8:12:00 AM ET
      $CTSH
      EDP Services
      Technology

    $CTSH
    SEC Filings

    See more
    • Cognizant Technology Solutions Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)

      6/6/25 4:06:23 PM ET
      $CTSH
      EDP Services
      Technology
    • Cognizant Technology Solutions Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

      8-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)

      5/28/25 4:51:54 PM ET
      $CTSH
      EDP Services
      Technology
    • Cognizant Technology Solutions Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)

      4/30/25 4:02:39 PM ET
      $CTSH
      EDP Services
      Technology

    $CTSH
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Amendment: SEC Form 4 filed by President - Americas Gummadi Surya

      4/A - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)

      6/17/25 4:28:08 PM ET
      $CTSH
      EDP Services
      Technology
    • President - IOA & ISG Ayyar Balu Ganesh converted options into 848 shares, increasing direct ownership by 0.92% to 93,042 units (SEC Form 4)

      4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)

      6/17/25 4:25:19 PM ET
      $CTSH
      EDP Services
      Technology
    • CLO, CAO & Corporate Secretary Kim John Sunshin converted options into 1,646 shares and covered exercise/tax liability with 908 shares, increasing direct ownership by 2% to 36,374 units (SEC Form 4)

      4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)

      6/17/25 4:23:48 PM ET
      $CTSH
      EDP Services
      Technology