Strategic alliance will help drive joint
customers' migrations to SAP S/4HANA®
BOSTON, Dec. 15,
2022 /PRNewswire/ -- Syniti, a global leader in
enterprise data management, and Cognizant today announced a
strategic alliance agreement between the two companies. Syniti will
be Cognizant's solution provider of choice for data transformation
delivery in driving customers' migrations to SAP S/4HANA®.
Cognizant leverages SAP® Signavio® solutions to accelerate
business process transformation for customers as they move to SAP
S/4HANA. Syniti's data management software, the Syniti Knowledge
Platform (SKP) speeds migration to SAP S/4HANA by streamlining
data transformation. As Cognizant expands its relationship with
SAP, Syniti is serving as a core component to drive more data-led
digital transformation and help clients realize business
value.
Sold as SAP Advanced Data Migration and Management software by
Syniti, SKP is data migration and integration software used by
enterprises to migrate to SAP S/4HANA, SAP SuccessFactors®
solutions, SAP Ariba® solutions and other SAP applications.
The software delivers complete, accurate, business-ready data while
facilitating team collaboration, orchestration and process
visibility across complex application and data migration projects
to help reduce friction and improve program efficiency and
effectiveness.
According to IDC, customers using SAP Advanced Data Migration
and Management experience a 46% faster data migration for
their transformations based on SAP S/4HANA. They also see a 314%
three-year return-on-investment (ROI) and an annual average benefit
of $4.16 million per
organization.
Kevin Campbell,
CEO, Syniti, said: "A massive need for data
transformation underpins every digital transformation, but this
process is too often time-consuming and complex. This doesn't have
to be the case. Building on Cognizant's track record and extensive
capabilities, we're bringing Syniti's data transformation expertise
to our joint customers to deliver more value, faster and more
efficiently."
Rob Vatter, executive vice
president, Cognizant Enterprise Platform Services, said:
"Customers are grappling with a host of manual processes when
it comes to data migration, which slows down their move to SAP
S/4HANA and holds them back from realizing the full value. Working
with SAP Signavio solutions and Syniti, we're accelerating this
timeline for our customers, ensuring a successful digital
transformation that's more efficient and provides a bigger return
on investment more quickly."
About Syniti
Syniti solves the world's most complex data challenges by
uniquely combining intelligent, AI-driven software and vast data
expertise to yield certain and superior business outcomes. For over
25 years, Syniti has partnered with the Fortune 2000 to unlock
valuable insights that ignite growth, reduce risk and increase
their competitive advantage. Syniti's silo-free enterprise data
management platform supports data migration, data quality, data
replication, master data management, analytics, data governance,
and data strategy in a single, unified solution. Syniti is a
portfolio company of private equity firm Bridge Growth Partners
LLC. Read more at www.Syniti.com.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers
modern businesses. We help our clients modernize technology,
reimagine processes and transform experiences so they can stay
ahead in our fast-changing world. Together, we're improving
everyday life. See how at www.cognizant.com or @cognizant.
SAP and other SAP products and services mentioned herein as well
as their respective logos are trademarks or registered trademarks
of SAP SE in Germany and other
countries. Please see https://www.sap.com/copyright for
additional trademark information and notices.
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SOURCE Syniti