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Aker Solutions and Cognizant Unite for IT Transformation

In a significant move, Cognizant (Nasdaq: CTSH), in collaboration with Aker Solutions, has renewed their long-standing partnership to drive IT transformation in the energy sector. This partnership dates back to 2016, and the newly agreed terms are set to usher in a new phase focused on cutting-edge technologies, particularly Artificial Intelligence (AI).

Modernizing IT Infrastructure

The latest agreement introduces a roadmap aimed at modernizing Aker Solutions' IT infrastructure using the innovative Cognizant Neuro® platform. This platform is designed to enhance generative AI adoption while ensuring flexibility, security, scalability, and a commitment to responsible AI practices. The initiative aims to transform Aker Solutions' IT service delivery to align with the dynamic evolution of the energy industry.

Cognizant's objectives are clear: modernize Aker Solutions' existing IT operations without disrupting its current successful processes. The focus will be on improving core elements like cloud services, IT infrastructure, application management, networks, and cybersecurity. By harnessing AI and machine learning, Aker Solutions aims to secure its critical data and infrastructure more effectively.

Enhanced Agility for the Energy Sector

Implementing a consumption-based commercial model represents another innovation in this partnership. This scalable approach is anticipated to boost overall efficiency, allowing Aker Solutions to respond swiftly to the ever-changing demands of the market. Signy Vefring, Executive Vice President for Strategy and Technology at Aker Solutions, recognizes that this agreement is pivotal to enhancing their digital initiatives. “It aligns with our objective to leverage digitalization for increased value creation and cost reduction across the entire project lifecycle,” said Vefring.

Empowering the Future of Energy

Ingvild Berlin Kalleberg, Chief Information Officer at Aker Solutions, expressed enthusiasm for the renewed collaboration. She believes that it equips her organization with the necessary tools and infrastructure to lead in digitization within the energy sector. “I look forward to the continued collaboration with Aker Solutions. By leveraging the Cognizant Neuro® platform, we aim to enhance innovation across Aker Solutions' IT operations and reinforce our shared commitment to digital transformation,” stated Saket Gulati, head of Northern Europe at Cognizant.

Knut Inge Buset, head of Norway at Cognizant, emphasized the partnership's ongoing success and the need for adaptability in today’s energy landscape. “An unprecedented operational agility is required within the energy and utilities sector, and investment in digital solutions has become crucial for traditional operators and new entrants alike,” he remarked.

Conclusion

As the energy landscape evolves, this partnership underscores the crucial role of technology in paving the way for sustainable practices in the sector. Aker Solutions and Cognizant’s renewed commitment to enhancing IT infrastructure with AI marks a significant step towards modernization in an industry poised for transformation. This collaboration promises to yield innovative outcomes that will not only benefit both companies but will also contribute to a more sustainable energy future.

For more insights and developments from Cognizant, visit Cognizant's Website.

Aker Solutions is dedicated to providing integrated solutions for the global energy industry, focusing on reducing carbon footprints and developing renewable solutions to address future energy demands. With a workforce of approximately 11,800, Aker Solutions operates in more than 15 countries, showcasing its global reach and commitment to sustainable energy practices.