Kramp collaborates with Cognizant to Build a Future-Ready IT Platform | CTSH Stock News

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3 days ago
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  • Cognizant (CTSH, Financial) teams up with Kramp to modernize IT infrastructure with a new ERP solution.
  • The partnership aims to enhance operational efficiency and support Kramp's market expansion.
  • This transformation will integrate e-commerce, supply chain, warehousing, and finance operations.

Cognizant (NASDAQ:CTSH) has announced a strategic partnership with Kramp, a leading European technical wholesaler in the agriculture, forestry, and construction industries. The collaboration focuses on transforming Kramp's IT infrastructure through the implementation of a modern Enterprise Resource Planning (ERP) solution. This initiative is designed to replace Kramp's legacy systems with a data-driven platform that integrates e-commerce, supply chain, warehousing, and finance operations.

This comprehensive transformation project aims to enhance operational efficiency, improve customer experience, and support Kramp's expansion plans into new markets. By establishing a unified IT platform, Kramp seeks to minimize response time to customer demands and become a more agile organization.

According to Olivier Luxon, Vice President of Technology at Kramp, the project is more than just a technical upgrade. It represents an opportunity to simplify and standardize processes while creating incremental business value. The long-term partnership with Cognizant was chosen to support Kramp in building a digitally savvy organization.

Saket Gulati, Senior Vice President and Managing Director for Northern Europe at Cognizant, expressed excitement about the collaboration, stating that the new platform will enable Kramp to effectively address customer needs and meet rapidly evolving market demands.

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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.