Cognizant to Acquire SaaSfocus

Nasdaq-listed Cognizant has agreed to acquire SaaSfocus, a privately-held consulting firm specializing in digital transformation, for an undisclosed sum, leveraging the Salesforce Platform. The transaction is expected to close in the fourth quarter of 2018, subject to certain closing conditions.

SaaSfocus is one of the largest independent Salesforce Platinum consulting partners in the Asia-Pacific (APAC) region with operations across Australia and India. The acquisition will expand Cognizant’s end-to-end digital transformation services and Salesforce cloud capabilities in these growing markets.

Cognizant is a Salesforce Global Strategic partner and has one of the largest rosters of Salesforce-certified consultants in the world. Over 350 SaaSfocus consultants, with deep domain expertise in the financial services, insurance, manufacturing and automotive industries, will become part of Cognizant’s Salesforce practice. Cognizant offers a wide range of Salesforce solutions with a proven track record of planning and delivering complex, multinational projects involving multiple systems, data integration and associated change management processes.

Jayajyoti Sengupta, Head of APAC at Cognizant, said that this acquisition of a respected and successful Salesforce specialist underlines our commitment to helping clients in Australia and India digitally transform their businesses and reshape the way they interact with their customers. He said that customer relationship and service management systems are at the core of its clients’ digital strategies. The company looks forward to welcoming the SaaSfocus team to Cognizant and combining its strengths to create new transformative digital solutions for our clients, he said.

Amit Choudhary, Partner and ANZ CEO of SaaSfocus, said that Cognizant’s global delivery footprint, digital expertise and unique culture of innovation and empowerment made it a natural fit for SaaSfocus. Combining Cognizant’s global capabilities, deep domain expertise and digital solutions with SaaSfocus’s specialized Salesforce consulting competencies will help the company accelerate its clients’ digital transformation journeys and create global opportunities for our employees.

Mark Innes, Executive Vice President of APAC, at Salesforce, said that as the global leader in CRM, Salesforce has well established successful relationships with both Cognizant and SaaSfocus and the company looks forward to continue its work with mutual clients in India, Australia and around the world.