Cognizant Acquires Belgian Analytics firm Hedera Consulting

3rd May 2018 | By Mouseworld Now Correspondent |


BRUSSELS—May 3, 2018: Cognizant (Nasdaq: CTSH) has acquired privately-held Belgian firm Hedera Consulting, a company specializing in business advisory and data analytics services across various industry verticals. The acquisition is expected to significantly expand Cognizant’s consulting, business insight and digital transformation capabilities for clients in Belgium and the Netherlands. At the time of filing this report, the terms of the transaction were yet to be disclosed.

The Kontich-based Hedera Consulting works with leading brands across various industries. Hedera’s consultants and data scientists specialize in helping clients with growth strategy, innovation, marketing, sales and customer service. Hedera Consulting is now part of the Cognizant Consulting business unit.

“The most successful companies are the ones that reduce the time from informed insight to action,” said Philip Lahey, Partner, Hedera Consulting.

Lahey added, “By joining forces with Cognizant, we are even better positioned to help clients define their strategy, transform their businesses and gain insight and competitive advantage in their fast-changing, highly competitive marketplaces. Our combined industry and local knowledge and experience, as well as our strong joint team, will better enable our customers in the Belgian and Dutch markets to extract meaning from their data and use it to effectively shape their products, services and experiences.”

Santosh Thomas, President, Global Growth Markets, Cognizant, said, “In the Belgian and Dutch markets, companies are re-designing their business and IT operating models for the digital era.”

“Hedera Consulting expands our ability to help these European clients create agile and digitally transformed enterprises that can act and react to the oceans of data for deeper customer insight, new product development, and to innovate and exploit new business opportunities,” affirmed Thomas.

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