STOCK TITAN

Kramp collaborates with Cognizant to Build a Future-Ready IT Platform

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Cognizant (NASDAQ:CTSH) has announced a strategic collaboration with Kramp, Europe's leading technical wholesaler in agriculture, forest & landscaping, and construction industries. The partnership focuses on transforming Kramp's IT infrastructure through a new Enterprise Resource Planning (ERP) solution.

The project aims to transition Kramp from legacy systems to a modern, data-driven platform that will integrate e-commerce, supply chain, warehousing, and finance operations. This transformation is designed to enhance operational efficiency, improve customer experience, and support Kramp's market expansion plans.

Loading...
Loading translation...

Positive

  • Partnership with Europe's leading technical wholesaler demonstrates Cognizant's strong market position
  • Long-term partnership opportunity in digital transformation services
  • Expansion into strategic European market through significant client engagement

Negative

  • None.

News Market Reaction – CTSH

-1.43%
1 alert
-1.43% News Effect

On the day this news was published, CTSH declined 1.43%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Cognizant and Kramp aim to establish a cost-effective and agile IT platform to enhance operational efficiency, elevate customer experience, and drive business growth

AMSTERDAM, July 15, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today a new collaboration with Kramp, Europe's leading technical wholesaler of spare parts and accessories for the agriculture, forest & landscaping and construction industries, to transform its IT platform. This collaboration aims to implement a new Enterprise Resource Planning (ERP) solution that enhances operational efficiency, boosts customer experience, and drives business growth.

Based in the Netherlands, Kramp intends to transition from its legacy system to a modern, data-driven, cost-effective ERP solution. This transformation is designed to help enable Kramp expand into new markets and achieve significant business growth.

"For Kramp, this project is more than just a technical upgrade. We must remove our legacy systems and leverage this opportunity to simplify and standardize our processes and create incremental business value," said Olivier Luxon, Vice President Technology at Kramp. "We need a partner who can not only understand our ambitions but support us in this challenging journey. We chose Cognizant to help us build a digitally savvy organization because of their expertise in complex systems and customer-focused solutions. This marks the beginning of a long-term partnership aimed at meeting our business objectives."

Kramp recognized potential opportunities for further digital transformation and the integration of e-commerce, supply chain, and customer service functions. The new ERP system is designed to address these opportunities by providing a unified IT platform integrating commerce, supply chain management, warehousing, and finance. This initiative aims to transform Kramp into an agile organization, minimize customer demand response time, and enhance operational efficiency.

"We are excited to work with Kramp to make it a future-ready business," said Saket Gulati, Senior Vice President and Managing Director for Northern Europe. "The new platform is anticipated to enable Kramp to address customers effectively and meet the market's rapidly evolving demands. Cognizant emphasizes the importance of understanding foundational elements for long-term success and addressing the challenges businesses face in becoming future-ready."

Visit the Cognizant Newsroom to stay up to date with this collaboration and other company developments. 

About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences to stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.

About Kramp
Kramp Groep is Europe's leading technical wholesaler of parts and accessories for the agriculture industry, forest & landscaping and construction industries. Kramp was founded in 1951 in Varsseveld, The Netherlands, where currently its headquarters are located. With an extensive product range, regional warehouses enabling fast delivery and advanced e-commerce solutions, Kramp is a reliable partner for its fast-growing customer base. The company is focused on scaling the business by leveraging technology, forging impactful & value-added partnerships with suppliers and being sustainable, building upon its expertise in agriculture and construction parts and accessories. Kramp operates in more than 20 European countries and employs over 3,500 employees. For more information, please visit www.kramp.com

For more information, contact: GlobalPR@cognizant.com or corporatecommunications@kramp.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kramp-collaborates-with-cognizant-to-build-a-future-ready-it-platform-302504384.html

SOURCE Cognizant Technology Solutions

FAQ

What is the new partnership between Cognizant (CTSH) and Kramp?

Cognizant will help implement a new ERP solution for Kramp, Europe's leading technical wholesaler, to transform their IT platform and enhance operational efficiency.

What are the main objectives of Cognizant's ERP implementation for Kramp?

The ERP implementation aims to enhance operational efficiency, improve customer experience, integrate e-commerce and supply chain functions, and support Kramp's market expansion.

Who is leading the Cognizant-Kramp collaboration project?

The collaboration involves Olivier Luxon, Vice President Technology at Kramp, and Saket Gulati, Senior Vice President and Managing Director for Northern Europe at Cognizant.

What industries will benefit from the Cognizant-Kramp IT transformation?

The transformation will benefit the agriculture, forest & landscaping, and construction industries where Kramp operates as a leading technical wholesaler of spare parts and accessories.

How will the new ERP system improve Kramp's operations?

The system will provide a unified IT platform integrating commerce, supply chain management, warehousing, and finance, helping minimize customer response time and enhance operational efficiency.
Cognizant Technology Solutions

NASDAQ:CTSH

CTSH Rankings

CTSH Latest News

CTSH Latest SEC Filings

CTSH Stock Data

29.20B
477.75M
Information Technology Services
Services-computer Programming Services
Link
United States
TEANECK