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Cognizant Secures Five-Year IT Partnership With German Agriculture Giant BayWa

MarketDash Editorial Team
2 hours ago
Cognizant Technology Solutions has locked in a five-year deal with Germany's BayWa to run the company's core IT operations, taking on infrastructure management, applications, and a group of BayWa employees as part of a broader digital modernization push.

Cognizant Technology Solutions Corp. (CTSH) is taking over IT operations for BayWa, the Germany-based agriculture and energy conglomerate, in a five-year partnership designed to modernize how the company runs its digital infrastructure.

The arrangement hands Cognizant responsibility for managing BayWa's core IT services, including infrastructure, application management, service desk support, and workplace technology. As part of the transition, Cognizant will also bring on a group of BayWa employees who currently handle these functions, creating what both companies describe as a scalable, modernization-focused technology environment.

BayWa's decision to consolidate these operations under one provider is aimed at improving efficiency and coordination across its various systems. The partnership will involve ongoing infrastructure and application updates, plus greater deployment of AI and automation tools to streamline day-to-day operations. BayWa said it plans to use structured change management to keep employees engaged throughout the transition.

"BayWa chose Cognizant because the service provider responds very flexibly to the needs of the diversified group and offers digital innovation and sustainable IT solutions," said Thomas Dibbern, CIO at BayWa.

Andreas Golze, Managing Director for Cognizant's DACH Region, added: "We look forward to contributing our expertise in digitalization and sustainable innovation to BayWa's digital transformation."

Workforce Development Push

In a separate announcement, Cognizant expanded its Synapse initiative with a new long-term target focused on workforce development and training through 2030. The program is framed as an effort to support skills-building as AI adoption continues to accelerate across industries.

"The expansion of our Synapse commitment marks a significant step toward building a more future-ready workforce. We are proud to have surpassed our initial goal ahead of schedule, a testament to the dedication of our teams and partners," said Ravi Kumar S., Chief Executive Officer at Cognizant.

The updated plan aims to reach two million people by the end of the decade, reflecting what the company sees as growing demand for tech training and reskilling programs.

Price Movement: CTSH shares were down 0.09% at $80.88 during premarket trading on Wednesday.

Back to News

Cognizant Secures Five-Year IT Partnership With German Agriculture Giant BayWa

MarketDash Editorial Team
2 hours ago
Cognizant Technology Solutions has locked in a five-year deal with Germany's BayWa to run the company's core IT operations, taking on infrastructure management, applications, and a group of BayWa employees as part of a broader digital modernization push.

Cognizant Technology Solutions Corp. (CTSH) is taking over IT operations for BayWa, the Germany-based agriculture and energy conglomerate, in a five-year partnership designed to modernize how the company runs its digital infrastructure.

The arrangement hands Cognizant responsibility for managing BayWa's core IT services, including infrastructure, application management, service desk support, and workplace technology. As part of the transition, Cognizant will also bring on a group of BayWa employees who currently handle these functions, creating what both companies describe as a scalable, modernization-focused technology environment.

BayWa's decision to consolidate these operations under one provider is aimed at improving efficiency and coordination across its various systems. The partnership will involve ongoing infrastructure and application updates, plus greater deployment of AI and automation tools to streamline day-to-day operations. BayWa said it plans to use structured change management to keep employees engaged throughout the transition.

"BayWa chose Cognizant because the service provider responds very flexibly to the needs of the diversified group and offers digital innovation and sustainable IT solutions," said Thomas Dibbern, CIO at BayWa.

Andreas Golze, Managing Director for Cognizant's DACH Region, added: "We look forward to contributing our expertise in digitalization and sustainable innovation to BayWa's digital transformation."

Workforce Development Push

In a separate announcement, Cognizant expanded its Synapse initiative with a new long-term target focused on workforce development and training through 2030. The program is framed as an effort to support skills-building as AI adoption continues to accelerate across industries.

"The expansion of our Synapse commitment marks a significant step toward building a more future-ready workforce. We are proud to have surpassed our initial goal ahead of schedule, a testament to the dedication of our teams and partners," said Ravi Kumar S., Chief Executive Officer at Cognizant.

The updated plan aims to reach two million people by the end of the decade, reflecting what the company sees as growing demand for tech training and reskilling programs.

Price Movement: CTSH shares were down 0.09% at $80.88 during premarket trading on Wednesday.