Cognizant has announced the acquisition of Code Zero Consulting, as it looks to further strengthen its cloud solutions portfolio and Salesforce CPQ and billing capabilities.
Code Zero is a privately held provider of consulting and implementation services for cloud-based Configure-Price-Quote (CPQ) and billing solutions.
Founded in 2016 in Atlanta, Georgia, U.S-based Code Zero specialises in helping companies digitally transform by providing strategy, implementation and migration capabilities to evolve legacy systems to cloud-based CPQ and billing systems. Together with contract lifecycle management, these systems make up Quote-to-Cash (QTC) solutions and enable clients to configure, price and quote complex deals, automate the customer lifecycle and accelerate revenue.
Code Zero is a Salesforce Platinum Partner and includes leading global enterprises among its clients across industries, particularly manufacturing and financial services.
Code Zero's expertise, geographic presence and client portfolio build on capabilities Cognizant expanded with its October 2018 acquisition of ATG, a preeminent consultancy focused on QTC business processes and technologies.
ATG's experts at delivery centres in Kansas, Missouri, Montana and Ohio comprise one of the industry's largest teams of specialists in QTC for multiple technology platforms. Code Zero's team of professionals, based primarily in Atlanta, Ga., and Charlotte, N.C., will complement and extend ATG's footprint.
“The acquisition of Code Zero enriches our cloud offerings, brings deep domain expertise to our clients and further strengthens our strategic relationship with Salesforce.com,” explains Brian Humphries, CEO of Cognizant. “I'm delighted to welcome Code Zero's professional team to Cognizant.”
Gene Nix, co-founder and managing partner of Code Zero, adds “We're thrilled to be joining Cognizant, a global Fortune 200 firm, and ATG, a world-leading QTC consultancy,
“Cognizant and ATG share our passion for collaborating with clients and helping them succeed in their digital transformation endeavours,” he says.
“Combining our respective expertise in advising on, implementing and managing CPQ and billing business processes and technologies contributes to a true global powerhouse of Salesforce platform expertise.
Financial details of the purchase were not disclosed.
Earlier this year, Cognizant was been named a leader in SAP Services by an independent research firm Forrester Research.
The Forrester Wave: SAP Services Providers for Midsize Enterprisesreportrecognised Cognizant as the largest provider included in the evaluation, with more than 10,000 SAP practitioners among its 280,000 employees. In addition, Cognizant offers the broadest coverage of next-gen SAP apps among the providers, with particular strength in C/4HANA and S/4HANA.
Through acquisitions, Cognizant has bolstered its business consulting and design capabilities and invested in SAP-specific implementation capabilities through proprietary methodologies like Agile-based Cognivate, based on SAP Activate.