STATEMENT: Cognizant continues collaboration with Pon IT to further manage and optimize cloud services

(Information sent by the signatory company).

STATEMENT: Cognizant continues collaboration with Pon IT to further manage and optimize cloud services

(Information sent by the signatory company)

The expanded relationship will allow Cognizant to continue providing managed cloud platform services to Pon IT and its numerous operating companies to enhance agility, intuitiveness and innovation.

TEANECK, N.J., March 27, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced the renewal of its long-standing relationship with Pon IT, part of the Dutch family-owned multinational Pon Holdings. The collaboration will allow Cognizant to continue providing managed cloud services for Pon IT across its entire set of operating businesses. During the next phase of the collaboration, Cognizant will continue to implement additional optimizations that are expected to allow Pon IT to benefit from an agile, intuitive and integrated cloud platform.

Over a six-year relationship, Cognizant has transformed Pon IT's infrastructure to create an agile platform that leverages the power of automation. With many different operating companies across a variety of sectors, Cognizant's continued work on the cloud managed services platform, under the renewed relationship, aims to enable Pon IT to access and leverage shared capabilities and processes, and data on demand . The platform is designed to provide stability and efficiency to Pon IT.

"We are excited that our partner Cognizant continues to support us. We look forward to building on our existing collaboration," said Ton van Dijk, CIO of Pon Holdings. "We are confident that through our mutual knowledge and experience we will be able to further improve our already stable and proven platform."

Saket Gulati, Head of Northern Europe at Cognizant said: "We are delighted to continue working with Pon IT to provide managed services for their cloud platform and deliver benefits. Throughout our long-standing relationship, we have worked together with the team at Put IT to modernize and optimize the cloud platform to extract the business value that cloud technology provides. Companies that adopt cloud solutions benefit from a competitive advantage, such as greater efficiency, agility, innovation and scale, thanks to the powerful benefits of cloud solutions. We look forward to continuing our collaboration with Pon IT."

About Pon HoldingsPon is a family-owned multinational with annual revenues exceeding €10 billion. Headquartered in the Netherlands, Pon employs approximately 15,700 people in 34 markets on 6 continents. Pon, which represents numerous prestigious brands through more than 110 companies, operates in four sectors: automotive, cycling, heavy equipment and energy supply, and agriculture. Pon's mission is to keep people, cities and industries moving, efficiently and sustainably.

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About Cognizant Cognizant (Nasdaq: CTSH) builds modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences so they can stay ahead in our rapidly evolving world. Together, we are improving everyday life. See how at or @cognizant.

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