Cognizant, a leading global technology company, has recently announced its plans to acquire Thirdera, an Elite ServiceNow Partner specializing in advisory, implementation, and optimization solutions for the ServiceNow platform. This strategic move will add over 940 employees to Cognizant’s ServiceNow Business Group, creating one of the largest aggregations of ServiceNow professional certifications globally.
One of the key aspects of this acquisition is Thirdera’s ServiceNow training platform, Thirdera University. This platform is expected to play a significant role in credentialing resources to meet the growing demand in the ServiceNow ecosystem. By enhancing the capabilities of the Cognizant ServiceNow Business Group, clients will be offered a comprehensive experience in the ServiceNow ecosystem, complete with expertise in professional services and emerging products like generative AI.
The addition of Thirdera will also strengthen the strategic partnership between Cognizant and ServiceNow, as they aim to build a $1 billion combined business focused on AI-driven automation. Thirdera is widely recognized as the largest independent global pure-play ServiceNow consultancy and has received accolades such as the 2023 Worldwide Creator Workflow Partner of the Year.
Jason Wojahn, CEO and Co-Founder of Thirdera, expressed his excitement about the future possibilities this acquisition brings. Leveraging Cognizant’s scale and resources, he believes their collaboration will revolutionize how clients work, driving productivity and innovation.
The acquisition is set to close in January 2024, pending closing conditions. Financial details of the deal have not been disclosed at this time. This move comes as Cognizant and ServiceNow have been expanding their strategic partnership since Cognizant’s acquisition of ServiceNow consultancy Linium in 2021.
Industry experts view Cognizant’s acquisition of Thirdera as a bold move to capitalize on the market opportunity with ServiceNow and accelerate value for customers. Cognizant is a company known for engineering modern businesses, helping clients modernize technology, reimagine processes, and transform experiences. Meanwhile, Thirdera, as an Elite-level ServiceNow partner, offers workflow-enabled services and solutions that enable businesses to accelerate growth and productivity.
It is important to note that the statements made in the press release contain forward-looking statements that are subject to risks and uncertainties. Investors are cautioned not to place undue reliance on these forward-looking statements, and Cognizant undertakes no obligation to update or revise them.
With this acquisition, Cognizant is further solidifying its position as a leader in the technology space, leveraging its partnership with ServiceNow to bring cutting-edge solutions to clients around the world.
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