Kramp collaborates with Cognizant to Build a Future-Ready IT Platform
Rhea-AI Summary
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.
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
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
Based in
"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
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
For more information, contact: GlobalPR@cognizant.com or corporatecommunications@kramp.com
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SOURCE Cognizant Technology Solutions