Cognizant Enhances its Smart Manufacturing Offerings with the Acquisition of TQS Integration

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[{"type":"text","content":"New data intelligence capabilities deliver the most comprehensive solution for clients to embrace Industry 4.0\n\n\nTEANECK, N.J., July 20, 2021 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced it has agreed to acquire TQS Integration, a privately owned global industrial data and intelligence company based in Lismore, Ireland. TQS delivers manufacturing data intelligence, global technology consulting and digital systems integration to help manufacturers accelerate their digital transformations. Founded in 1998, TQS services clients in the life sciences, food and beverage, and energy and renewables industries. \n\n \n \n \n \n \n \n\n \nAs manufacturers embrace Industry 4.0 and realize the power of data, industrial data platforms and services are critical to obtain a complete view of the value chain and make analytical, data-driven decisions to improve overall operations. TQS's data intelligence capabilities, which will be combined with Cognizant's core Industry+ and digital competencies, use artificial intelligence (AI) and machine learning to collect, contextualize and analyze manufacturing data. This allows manufacturers to make smarter decisions and improve operating costs, speed of implementation, and product quality and yield. \n\"TQS enhances Cognizant's end-to-end smart factory capabilities, helping clients realize information and operational technology convergence and drive digital transformation in their manufacturing operations,\" said Srinivas Shankar, senior vice president and global markets lead, Life Sciences, Cognizant. \"With TQS, Cognizant not only becomes one of the industry's most comprehensive solutions for Manufacturing 4.0 for life sciences. We also strengthen our data historian and analytics capabilities to help all our manufacturing clients harness the power of data intelligence to compete in new ways.\"\nTQS helps nine of the top 10 global life sciences companies enable smart manufacturing. Cognizant, which previously strengthened its life sciences manufacturing capabilities with the 2019 acquisition of Zenith Technologies, will combine TQS's expertise with its own to help clients transition to Industry 4.0 and expedite the production of life-changing medicines. These service solutions, expertise and thought leadership benefit Cognizant's current life sciences clients, as well as clients in the b...

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