Aker Solutions and Cognizant Renew Collaboration to Drive IT Transformation with AI-First Approach | CTSH Stock News

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Jun 30, 2025
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  • Cognizant (CTSH, Financial) renews collaboration with Aker Solutions to modernize IT infrastructure with AI platforms.
  • Focus on enhancing agility, data protection, and end-user experience through AI and machine learning.
  • Includes a flexible consumption-based commercial model tailored for market adaptability.

Cognizant (Nasdaq: CTSH) and Norway's Aker Solutions have renewed their long-standing partnership, which began in 2016, to drive IT transformation with an AI-first approach. The multi-year agreement focuses on modernizing Aker Solutions’ IT infrastructure using the Cognizant Neuro® platform. This initiative aims to advance the energy sector's digital capabilities by integrating cutting-edge AI technologies.

The new roadmap outlines comprehensive upgrades in cloud services, IT infrastructure, application management, networks, and cybersecurity. Cognizant will implement a consumption-based commercial model to increase operational agility, helping Aker Solutions adapt swiftly to the evolving market landscape. The collaboration also seeks to enhance the end-user experience while bolstering data protection through advanced AI and machine learning technologies.

Leaders from both organizations expressed enthusiasm about the renewed partnership. Signy Vefring, EVP for Strategy and Technology at Aker Solutions, highlighted the alignment of the transformation with their strategy to enhance value creation and cost reduction across the project lifecycle. Ingvild Berlin Kalleberg, CIO at Aker Solutions, noted the importance of maintaining a competitive digital edge in the industry.

Saket Gulati, Head of Northern Europe at Cognizant, emphasized the partnership's potential to drive innovation within Aker Solutions' IT operations. Knut Inge Buset, Head of Norway at Cognizant, recognized the collaboration as a testament to the productive relationship forged over the past nine years and the growing necessity for digital investment in the energy sector.

Overall, this collaboration not only reiterates the commitment between Cognizant and Aker Solutions but also underscores the critical role of digital transformation in the energy industry, fostering efficiency and sustainability.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.