Key Highlights
- snatched from Infosys Ltd last week has one common thread: Ravi Kumar. Kumar, Cognizant’s current chief executive, was also instrumental in securing the Infosys contract during his stint at India’s second-largest software services provider in 2020, according to a person familiar with the matter.
- He joined Cognizant as its CEO in January 2023.“He was one of the people in charge of the client, and now he has won it back for his current firm.
- It’s one of the large deals he won back from his previous firm,” said this person, who didn’t want to be identified since details are not public. On 24 February, Nasdaq-listed Cognizant won a workplace services transformation deal with the German truck maker.
- The company will use one of its proprietary software to manage employee queries and procure essential hardware and software needed to run the truck company’s workplaces, among other tasks. Also Read | Cognizant faces US class-action suits over TriZetto data breachIn December 2020, Infosys signed a $3.2 billion, eight-year IT transformation deal with Daimler, making it one of its three largest clients.
- Under the terms, Infosys would provide services across six business divisions, including network services, cybersecurity, SAP software, data centres, after-sales call services, and workplace solutions or the IT procurement business–the biggest of the six arms, a portion of which is now with Cognizant. Daimler split into the Mercedes-Benz Group and Daimler Trucks in December 2021, but both units retained Infosys for their IT services. However, Infosys and Daimler encountered execution issues with the deal.
