Saturday, July 31, 2021

Cognizant expands its intelligent manufacturing offering with the acquisition of TQS Integration

Cognizant  announced today that it has acquired TQS Integration, a privately held global industrial data and intelligence company based in Lismore, Ireland. has agreed. TQS delivers manufacturing data intelligence, global technology consulting and digital system integration and helps manufacturers accelerate their digital transformation. TQS was founded in 1998 and serves customers from the life sciences, food and beverage, energy and renewable energies sectors.

Manufacturers are increasingly moving to Industry 4.0 and recognizing the power of data . Industrial data platforms and services are of crucial importance because they provide a complete overview of the value chain and allow analytical, data-driven decisions to improve operations as a whole. TQS ‘data intelligence capabilities, combined with Cognizant’s core Industry + and Digital competencies, use artificial intelligence (AI) and machine learning to collect, contextualize and analyze manufacturing data. This enables manufacturers to make smarter decisions and improve operating costs, speed of implementation, and the quality of their products and their bottom line.

“TQS extends Cognizant’s end-to-end smart factory capabilities, helping customers realize the convergence of information and operations technology and drive digital transformation in their manufacturing operations,” said Srinivas Shankar, senior vice president and global Markets Lead, Life Sciences at Cognizant. “Together with TQS, Cognizant will not only provide one of the industry’s most comprehensive solutions for Industry 4.0 in the life sciences, but also strengthen our data historian and analytical skills to help all of our manufacturing customers realize the power of Using data intelligence to become more competitive. ”

Also Read: Building a case for Why Digital Transformation Efforts goes in Vain

TQS supports nine of the world’s ten leading life sciences companies in intelligent manufacturing. Cognizant, already  strengthening its life sciences manufacturing capabilities with the 2019 acquisition of  Zenith Technologies , will combine TQS expertise with its own to help customers transition to Industry 4.0 and manufacture life changing Speed ​​up drugs. Both current life sciences customers of Cognizant and customers in the broader manufacturing landscape benefit from these service solutions, expertise and thought leadership.

“Our world-class team of data intelligence and technology consultants has a tremendous track record of helping our life sciences manufacturing customers transform their businesses,” said Máire Quilty, corporate managing director at TQS At Cognizant, we look forward to expanding our influence on manufacturing customers in other industries looking to adopt Industry 4.0. ”

TQS, a leading partner of OSIsoft, recently acquired by AVEVA, provides advanced solutions for the OSIsoft Pi system that provide customers with advanced data visualization and data analysis of temporal and historical data to make real-time business decisions.

“The acquisition of TQS will further strengthen and accelerate our collaboration with Cognizant,” said Kerry Grimes , Senior Vice President and Head of Global Partners at AVEVA: “This acquisition combines Cognizant’s rich experience at AVEVA with TQS ‘knowledge of OSIsoft Similar to our recent acquisition of OSIsoft, this addresses the collective skills our customers need to drive their digital transformation. We look forward to the unique market opportunities that we can offer our customers and partners together. ”

TQS marks the fifth acquisition by Cognizant in 2021. Since 2019, Cognizant has accelerated growth in the Internet of Things, data and analytics with acquisitions including  Bright Wolf , and  ESG Mobility . TQS expands Cognizant’s presence in Ireland, a hub for the world’s leading experts in life sciences manufacturing and an ideal location for providing Industry 4.0 consulting and services to European manufacturing customers.

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