MUMBAI, India, Oct. 6, 2016 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced that it has been selected by Future Group, a leading Indian
multi-brand retailer, as a strategic partner to transform Future Consumer Limited (FCL), Future Group's consumer goods business,
into a connected enterprise to achieve higher levels of efficiency, agility and business impact.
As part of the engagement, Cognizant will build a platform for FCL to simplify, automate and secure business processes, speed
up collaboration, and maximize synergies across all lines of business and corporate functions. To be built using SAP's S/4HANA
business suite, the platform will enable FCL to optimize the supply chain and improve business throughput. Cognizant will also
help FCL harness digital technologies, including mobile and data analytics, for real-time performance and operational insights to
accelerate decision-making, innovation and time-to-market.
"This initiative is key to our focus on improving operational efficiencies and business agility to align with the changing
needs of today's digitally empowered customers," said Saurabh Lal, CEO, Manufacturing and Supply
Chain at FCL. "In an era where data, insights and supply chain intelligence are crucial ingredients for turning success into
market leadership, Cognizant's deep technology, business process, platform and digital capabilities will help us lay the
foundation for more productive business interactions and smarter innovations."
"Creating value in the consumer goods industry is increasingly about turning data into actionable insights and foresights,"
said Rajesh Balaji Ramachandran, Senior Vice President and Global Leader of Enterprise Application
Services at Cognizant. "With faster, more efficient business processes and a tightly aligned value chain underpinned by real-time
data, FCL will be able to turn agility into competitive advantage and realize the full potential of enterprise resources. By
combining our global industry experience with our extensive knowledge of SAP S/4 Hana technology, we look forward to helping FCL
move towards becoming a new-age digital enterprise driven by continuous innovation."
This engagement expands Cognizant's relationship with Future Group, which began in 2012 to provide end-to-end IT
infrastructure services for all Future Group companies.
About Future Consumer Ltd.
Future Consumer Limited (FCL), a part of the Future Group, is an operating company which has its presence in the Food
and FMCG sector through a chain of retail formats and private brands. FCL is constantly expanding its already existing vast
portfolio of established Food & FMCG brands. Currently it caters to various categories such as Basic Foods, Ready to Eat
Meals, Snacks, Beverages, Personal Hygiene Care and Home Care. FCL has also set up India Food Park at Tumkur, Karnataka in
partnership with the Ministry of Food Processing Industries, Government of India. This
state-of-the-art food park facilitates end-to-end food processing along the value chain (grading, sorting, pulping, packaging
& distribution) from the farm to the market.
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process services,
dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck,
New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business
process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery
centres worldwide and approximately 244,300 employees as of June 30, 2016, Cognizant is a member of
the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest
growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter:
Cognizant.
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SOURCE Cognizant