Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
    big data and remote work
    Data Helps Speech-Language Pathologists Deliver Better Results
    6 Min Read
    data driven insights
    How Data-Driven Insights Are Addressing Gaps in Patient Communication and Equity
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Forget outsourcing, it’s all about co-learning these days
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > Forget outsourcing, it’s all about co-learning these days
Uncategorized

Forget outsourcing, it’s all about co-learning these days

Editor SDC
Editor SDC
4 Min Read
SHARE

Cognizant-invensys Whenever we hear about an engagement involving a service provider, the immediate reaction is “How many people are being laid off?” and “What are the expected savings?” We need to move away from that attitude with some of the new wave of engagements we are seeing in this economy

We’re operating in an world where firms need to focus on what they’re really good at, and ensuring they can deliver their wares to market faster, smarter and at lower cost. This means firms need to embrace the skills and talent they need to make it possible, and forge partnerships with other firms to maximize their opportunity and market efficacy.

One prime example of this is the new partnership between UK-based industrials magnate Invensys and leading IT-BPO service provider Cognizant. Invensys wants to focus on on its core competency of product definition and architecture and developing its industrial automation platform, with Cognizant being its technology partner for product development.

This engagement proves especially convenient, as the majority of Invensys’ R&D staff work in the same building as Cognizant’s facility in Hyderabad, India. Cognizant will immediately hire …

More Read

Long Tail vs. The Blockbuster
Current Internet Explorer security flaw even worse than usual ones: Use Firefox or Chrome
The TV revolution: Changing the players
My Thoughts on Social Media for Press Release PR
“[IBM} hasannounced new industry frameworks in Retail Performance Analytics (merchandising, supply…”


Cognizant-invensys Whenever we hear about an engagement involving a service provider, the immediate reaction is “How many people are being laid off?” and “What are the expected savings?” We need to move away from that attitude with some of the new wave of engagements we are seeing in this economy

We’re operating in an world where firms need to focus on what they’re really good at, and ensuring they can deliver their wares to market faster, smarter and at lower cost. This means firms need to embrace the skills and talent they need to make it possible, and forge partnerships with other firms to maximize their opportunity and market efficacy.

One prime example of this is the new partnership between UK-based industrials magnate Invensys and leading IT-BPO service provider Cognizant. Invensys wants to focus on on its core competency of product definition and architecture and developing its industrial automation platform, with Cognizant being its technology partner for product development.

This engagement proves especially convenient, as the majority of Invensys’ R&D staff work in the same building as Cognizant’s facility in Hyderabad, India. Cognizant will immediately hire 400 of them, with a further 100 being added in the coming months.

Invensys benefits from Cognizant’s processes, tools and estimation methods and increased talent capacity, and Cognizant can come-up-to-speed faster as a serious technology and BPO services provider in the manufacturing space. This deal also frees up money for Invensys to hire onshore and offshore people in product management and consulting in its core business of control and automation.

Invensys can now focus more on the customer-interaction side, with Cognizant as an execution engine. Invensys will also be able to leverage Cognizant 2.0’s knowledge management tool, which has been active for 3 years’ now, where its practitioners can access process maps, industry solution templates and pre-packaged application accelerators. Moreover, they get to collaborate with experts across Cognizant’s global enterprise.

Invensys can focus on where it’s best, and Cognizant can make a surge into the manufacturing industry. Invensys will learn from Cognizant’s technology skills and Cognizant from Invensys’ manufacturing process and operations prowess. Jobs are not lost, and existing employees are going to enhance their careers with new industry and technology knowledge. If this partnership works, both firms will end up creating more jobs to support their expanding business portfolios. 

Outsourcing?  Sounds more like a co-learning exercise to me.


TAGGED:outsourcing
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data analytics and truck accident claims
How Data Analytics Reduces Truck Accidents and Speeds Up Claims
Analytics Big Data Exclusive
predictive analytics for interior designers
Interior Designers Boost Profits with Predictive Analytics
Analytics Exclusive Predictive Analytics
big data and cybercrime
Stopping Lateral Movement in a Data-Heavy, Edge-First World
Big Data Exclusive
AI and data mining
What the Rise of AI Web Scrapers Means for Data Teams
Artificial Intelligence Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Globalizing the business is the key to outsourcing today

7 Min Read

#11: Here’s a thought…

7 Min Read
outsourcing your IoT research
ExclusiveInternet of Things

The Benefits of Outsourcing Your IoT Research and Development

6 Min Read

Why Big Data Analytics is The Next Big Opportunity for Outsourcing Companies

4 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?