Tuesday, April 24, 2007

Cognizant Completes mySAP(TM) ERP Applications Consolidation and Standardization for Serena Software

by Malcolm Frank

Project Concluded in Record Time, Yielding High ROI and Business Benefits

Cognizant (NASDAQ:CTSH) , a leading provider of global IT and business process outsourcing services, today announced it has completed a large scale consolidation and standardization of the SAP(R) application portfolio for Serena Software, Inc.

Based on mySAP ERP, the scope of this project included finance, materials management, sales & distribution, IS-Software and human resources on a global scale, encompassing the Americas, EMEA and Asia-Pacific regions. This project was concluded in a record seven-month window, on-time, on-budget and with no business disruption.

"Cognizant's professional, solutions-oriented approach convinced us to select them over several other global services companies," said Robert Pender, CFO at Serena Software. "Their support and understanding of our business issues have allowed us to maximize our ROI through dramatic improvement to functionality, adoption of best practices in standard processes and improvement in data quality."

"We are pleased that Serena Software has selected Cognizant for this unique initiative after weighing its cost-value-benefit versus alternative options," said Francisco D'Souza, President and CEO, Cognizant. "Our deep consulting capabilities, long-standing relationships with technology and product customers, and our investments in SAP applications across multiple domains have helped us take ownership for this strategic business initiative and recommend a solution that best suits Serena's business interests."

Cognizant presented a compelling solution for rationalizing business processes, harmonizing data, and consolidating applications. Taking this route allowed Serena to simplify their business processes, cleanse their master data and eliminate years of customizations. Cognizant conducted a pro-active analysis that revealed additional business benefits to Serena, resulting in faster revenue growth and enhanced productivity. The standardization of SAP applications was a more economical and faster approach than doing multiple projects to bring the current system up to a comparable level.

About Cognizant's SAP Practice

Cognizant's SAP Practice provides Global 2000 companies a full range of SAP services, leveraging its industry-specific expertise, technical depth and global talent pool. Cognizant's SAP Practice aims to minimize clients' total cost of ownership of SAP application environments, including development and support, and maximize their applications' business-level value. Leveraging a unique global development model, Cognizant's SAP Practice delivers functional and technical expertise augmented by best practices for implementation, maintenance, upgrade and enhancement services for end-to-end solutions.

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