Adaptra is now a Cognizant Company
Cognizant (NASDAQ: CTSH) has entered into an agreement to acquire Adaptra. Cognizant is a leading provider of information technology, consulting, and business process services, dedicated to helping the world's leading companies build stronger digital businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant is ranked among the top performing and fastest growing companies in the world. With over 100 development and delivery centres worldwide and approximately 255,800 employees as of September 30, 2016, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500. In Australia, Cognizant has offices in Melbourne and Sydney, and more than 850 employees. The company recently announced plans to establish a Cognizant Digital Business Collaboratory in Melbourne - a dedicated space for open collaboration among Cognizant, customers, and partners to design, prototype, and build digital solutions of the future.
Adaptra is a Sydney-based consulting, business transformation and IT services provider that works with 5 of the top 10 insurers in Australia and New Zealand, helping them define their target business and operating models and providing platform advisory and implementation services. Founded in 1998, Adaptra specialises in consulting, programme management, and implementation of the Guidewire platform, and enables insurance companies to drive improvements across key functional areas such as underwriting, policy administration, claims management, and billing. This helps insurers increase speed-to-market,
transform core processing to improve customer experience, drive competitiveness and product differentiation, and empower agents to digitally engage with customers.