Technology provider, Cognizant has entered into a strategic technology partnership with Escorts Limited, one of India’s leading engineering conglomerates.

Under the pact, Cognizant will help Escorts Limited modernise its technology landscape and achieve the company’s vision of digitally transforming its businesses to deliver innovative products, provide superior customer experience, and drive growth. This multi-year, multi-million dollar contract spans all of Escort’s businesses, including agriculture-machinery, material handling and construction equipment, railway equipment and auto components.

Further, as part of the strategic tie-up, Cognizant will enable Escorts Limited to improve control and collaboration across its value chain by mobile-enabling its workforce and integrating multiple systems used by vendors, sales partners, and customers. The company will also set up a transformation office to help Escorts Limited embrace adaptive production lines and demand-based manufacturing practices, and develop new digital capabilities in areas such as mobility, analytics, cloud, telematics, and machine-to-machine communication.

Commenting on the tie-up, R. Chandrasekaran, executive vice -chairman, Cognizant India, said, “As multiple stakeholders replace traditional value chains and embedded technologies prepare to unleash the next wave of smarter products and services, there has never been a more exciting time for technology innovation in the manufacturing and engineering industry. We will partner with  Escorts and help them realise their vision for innovation, and look forward to helping them build a data-driven digital enterprise. By developing new collaborative and real-time capabilities straddling shop floor and supply chain, Escorts will be able to drive transformation across products, people, processes and infrastructure.”

“This strategic engagement is expected to create a positive impact on the entire Escorts ecosystem,” said Nikhil Nanda, managing director, Escorts Limited. “Aligning our engineering expertise with Cognizant’s capabilities will help all of our businesses unlock tremendous value. By leveraging organizational synergies and next-generation technologies, we will be able to improve performance efficiencies as well as attain the next level of innovation and market leadership. This partnership will help us bring our businesses in line with global industry benchmarks and increase our ability to develop future-ready products based on digital and other cutting-edge technologies.”