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Cognizant Technology signs deal

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IT services provider Cognizant Technology has said it has signed a multi-million dollar deal with global firm 3M, which manufactures brands such as Scotch Brite. Cognizant have not provided any financial details of the multi-year deal. The deal includes a range of application development and related services to drive operational efficiencies and improve productivity of 3M, Cognizant said in a statement.

This is an extension of the existing relationship that Cognizant has with 3M.

Cognizant provides information technology , consulting, and business process outsourcing services while 3M based in the US offers products such as Post-It, Scotch Brite and others.

As part of the engagement, Cognizant will leverage its proprietary practices to reduce the total cost of ownership and ensure quality and consistency across 3Ms applications portfolio.

"This would help 3M adapt to changing business needs, and further strengthen its innovation agenda to drive future growth," said Cognizant CEO & President Francisco DSouza.

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