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Cognizant, a leading provider of global IT and business process outsourcing services, and Ordina, a leading Dutch IT services provider, have announced a strategic alliance focused on combining Cognizant's proven global delivery model with Ordina's strong track record in delivering consulting, ICT and outsourcing solutions to the Dutch and Belgian market.
This alliance will allow both companies to drive new growth opportunities while offering the benefits of global sourcing to Benelux companies focused on driving business transformation, process improvements, innovation, cost reductions and productivity enhancements.
Under the terms of this agreement, Cognizant will become Ordina's primary strategic partner in the Benelux for offshore solutions. The two companies will jointly offer global delivery solutions for Ordina's Top 40 customers in the financial services, public, industrial and telecommunications markets.
"We are excited about this alliance
because deep local domain expertise and relationship
management, coupled with global sourcing and global delivery,
are becoming mainstream in the Benelux IT outsourcing
market," says Ronald Kasteel, CEO of Ordina N V.
"By having access to Cognizant's
offshore delivery capabilities, this partnership enables us
to achieve faster growth and overcome the scarcity in
high-quality ICT-capacity. This alliance will also allow us
to deliver high-quality, highly reliable and cost-effective
solutions to support the mission-critical business processes
of our Top 40 clients, driving significant economic and
business benefits for these organisations."
"We chose to work with Ordina because
of their recognised brand and strong local capabilities in
the Dutch and Belgian market," says Santosh Thomas,
vice-president of Continental Europe, Cognizant. "We
believe that this alliance will enable us to drive superior
results for Dutch clients, as together with Ordina we can
bring our joint customers a world-class powerful combination
of deep local knowledge and a market-leading global delivery
platform."
Outsourcing arrangement with Rabobank:
Cognizant and Ordina have announced that
they have entered into a major outsourcing arrangement with
Rabobank, the largest banking group in the Netherlands.
Cognizant and Ordina will collaborate to
deliver outsourced services as part of a seven-year
arrangement with Rabobank Group, encompassing application
design, development and testing services. As a key partner in
this arrangement, Cognizant will manage the onsite/offshore
delivery of services. Other terms of the arrangement were not
disclosed.
Piet van Schijndel, a member of the board
of management of Rabobank Group, said: "Our
decision-making hinges on continuity of employment and
services. Many of our systems will be replaced over the next
few years. Dutch-based Ordina offers good services, as well
as career perspectives for our employees. Cognizant has been
one of our offshore service providers for some time now and
has proved to deliver quality services."
"This agreement confirms our leading
position in the ICT and outsourcing market in the
Netherlands," said Ronald Kasteel, chief executive
officer, Ordina. "Our strategic partnership in the
Benelux with Cognizant means that we have a strong offshore
proposition. Ordina's Benelux market leadership and in-depth
knowledge of the financial services market and system
development capabilities, combined with Cognizant's global
delivery platform, deep financial services industry and
technology expertise, will provide an integrated value
proposition for Rabobank, helping the bank achieve its
strategic business objectives."
"This key customer win allows us to
extend our long-standing relationship with Rabo via Ordina,
and it demonstrates the advantages of leveraging Ordina's
local market leadership and expertise in financial services
in the Benelux and Cognizant's global delivery model to
deliver maximum value, while enabling the bank to focus its
key IT resources on innovation and business
transformation," said Francisco D'Souza, president and
CEO of Cognizant. "Additionally, our partnership with
Ordina further underscores our commitment to expanding
Cognizant's presence in key European markets and enables the
two companies to jointly pursue strategic client
relationships through the strength of our combined business
models."
The Rabobank Group comprises 188
independent local cooperative Rabobanks in the Netherlands
plus their central organisation Rabobank Nederland and its
subsidiaries. Rabobank serves more than nine million private
individuals and corporate clients in the Netherlands and a
growing number abroad. It employs over 56,000 staff and is
represented in 42 countries. The Rabobank Group has the
highest credit rating (AAA), awarded by the well-known
international rating agencies Moody's and Standard &
Poor's. In terms of Tier 1 capital, the organisation ranks
among the world's 15 largest financial institutions.
R Rangaraj
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