Aker Solutions and Cognizant Team Up for IT Modernization

Aker Solutions and Cognizant Renew Collaboration
The new agreement seeks to modernize Aker Solutions' IT infrastructure using AI platforms, including Cognizant Neuro platform.
Transforming IT Operations
Cognizant and Aker Solutions, a leading player in the energy sector, have extended their collaboration with a multi-year agreement designed to revolutionize IT service delivery. This partnership, which started in 2016, aims to leverage the Cognizant Neuro platform to enhance the efficiency, security, and scalability of IT operations.
A Focus on Cloud Services and Cybersecurity
Under the new agreement, a strategic roadmap focuses on upgrading existing services while maintaining the stability of operations. This roadmap includes modernizing various IT services such as cloud solutions, application management, networks, and cybersecurity tools. Employing the latest AI technologies, Cognizant is committed to protecting Aker Solutions' critical data and infrastructure while enhancing user experiences.
Enhancing Agility and Flexibility
With the introduction of a flexible, consumption-based commercial model, Cognizant aims to boost agility for Aker Solutions. This transition is vital for adapting to the rapidly changing demands within the energy market. By utilizing advanced AI and machine learning technologies, the agreement intends to streamline operations and foster rapid adjustments to evolving market conditions.
Commentary from Company Leaders
Signy Vefring, Executive Vice President for Strategy and Technology at Aker Solutions, expressed, "This agreement supports Aker Solutions' digital journey, aligning with our strategy to leverage digitalization to increase value creation and reduce costs across the entire project lifecycle."
Ingvild Berlin Kalleberg, Chief Information Officer at Aker Solutions, stated, "I'm excited to take our partnership to the next level and equip our organization with the tools and infrastructure needed to stay at the digital forefront of our industry." This sentiment echoes the goal of integrating cutting-edge technology into Aker Solutions' operational framework.
Commitment to Innovation
Saket Gulati, Head of Northern Europe at Cognizant, highlighted the potential for enhanced innovation stating, "By leveraging the Cognizant Neuro platform, we aim to enhance innovation across Aker Solutions' IT operations, reinforcing our shared commitment to digital transformation." This commitment serves as a driving force for advancing technology-driven outcomes in the energy sector.
Looking Ahead
Knut Inge Buset, Head of Norway at Cognizant, emphasized the importance of collaboration, noting, "We are excited to continue this renewed collaboration with Aker Solutions. Today, there is increasing reliance on new energy sources, along with a growing need for improved efficiency. This requires unprecedented operational agility within the energy and utilities sector, and investment in digital has become a vital component for many traditional operators and new entrants alike." Their ongoing partnership is poised to navigate these changes effectively.
About Cognizant
Cognizant engineers modern businesses by helping clients modernize technology, reimagine processes, and transform experiences. This transformation is essential for navigating a fast-paced world where change is constant.
About Aker Solutions
Aker Solutions delivers integrated solutions, products, and services to the global energy industry. With approximately 11,800 employees operating in more than 15 countries, the company is focused on enabling low-carbon oil and gas production while developing renewable solutions to meet future energy needs.
Frequently Asked Questions
What is the goal of the new agreement between Aker Solutions and Cognizant?
The agreement aims to modernize Aker Solutions' IT infrastructure by integrating advanced AI technologies, improving efficiency and agility in operations.
How long has Aker Solutions collaborated with Cognizant?
The partnership began in 2016 and has evolved through continued collaboration and the introduction of new agreements.
What technologies will be utilized in this transformation?
Cognizant will employ its Neuro platform, among other AI technologies, to enhance Aker Solutions' IT operations and protect critical data.
What is the significance of a consumption-based commercial model?
This model provides flexibility and scalability, allowing Aker Solutions to quickly adjust to market demands and improve overall operational agility.
Who are the key leaders involved in this renewed collaboration?
Signy Vefring from Aker Solutions and Saket Gulati from Cognizant are among the leaders emphasizing the importance of innovation and digital transformation.
About The Author
Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.