• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Chennai, Oct. 9 Cognizant, the US-based provider of global consulting, technology and business process services, has opened its delivery centre in Budapest, Hungary. Early this year, it commenced its clinical data management (CDM) services in Budapest to AstraZeneca, a global pharmaceutical company.

The centre will support Cognizant’s European customers with near-shore services in a similar time zone, leverage techno-functional and multilingual capabilities available in the region to service the IT and business process outsourcing needs of Global 2000 companies.

It will also provide a base with local insights for Cognizant to service customers in Central and Eastern Europe, according to a press release issued by the Nasdaq-listed company that has large offshore development centres in India.

In addition to AstraZeneca, the Budapest centre provides application development and maintenance services to a leading consumer products goods manufacturer, and system architecture and quality assurance services to a re-insurance firm.

The centre currently employs about 55 professionals and Cognizant intends to take this number to about 250 by the end of 2009. The centre will leverage Cognizant 2.0, a Web 2.0-based platform that enables Cognizant resources worldwide to virtually collaborate and deliver time-to-market, cost and transformational value to clients, says the press release.

“Our delivery centre in Hungary is part of our endeavour to offer clients strong local relationship management with robust global services capabilities,” said Mr Francisco D’Souza, President and CEO of Cognizant.

“Our investments in newer global, regional and local delivery centres will help our clients seamlessly harness optimal talent globally while meeting their requirements and risk preferences as well as provide business continuity.”

Mr Eric Terhaerdt, VP of AstraZeneca’s Clinical US operations said: “We are pleased to be working with Cognizant, whose data management operations in Budapest will ensure our global teams can share best practice and help us to continue to achieve the highest quality clinical data results.”

More Stories on : Off-shore Development | Software

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line