San Diego, CA – March 11, 2015:
In support of its mission to help organizations accelerate time-to-insight for predictive analytics and enhance business agility, Zementis has entered into a formal partnering arrangement with Cognizant Technology Solutions.
The collaborative relationship will focus on integrating Zementis’ predictive analytics technologies with the advanced analytics capabilities of Cognizant Analytics, developing business solutions based on advanced analytics for Cognizant clients, and jointly enabling those solutions to deliver client success. The partnership is both a technology alliance and a channel (go-to-market) arrangement, and has global scope. Zementis and Cognizant Analytics will collaborate with each other and with Cognizant’s market-facing business segments to jointly serve Cognizant clients. Initial efforts will focus on two industry verticals: Banking & Financial Services and Life Sciences & Healthcare. Over time, the industry focus will expand to encompass Cognizant’s other industry solution groups: Insurance, Communications, Media & Technology and Products & Resources.
Cognizant Analytics offers advanced analytics solutions that help clients transform data into insights that drive business outcomes and lead to better performance. Zementis solutions accelerate time-to-insight from predictive analytics for big data and create a scalable capability for predictive analytics, while also reducing IT costs. By accelerating model deployment and reducing resource requirements, Zementis allows data scientists to devote more time to data science. Zementis dramatically accelerates the flow of predictive insights to business decision makers, allowing businesses to more rapidly apply those insights to make informed, insightful decisions that create competitive advantage. Together, Cognizant and Zementis offer a wide range of industry-specific capabilities to generate substantial business value across multiple industries and use cases.
“Zementis sees tremendous opportunity to help businesses realize the full potential of their big data through the application of predictive analytics, and we know that Cognizant shares this vision,” said Dr. Michael Zeller, Chief Executive Officer of Zementis. “When we started exploring what Cognizant Analytics has to offer, and how Cognizant applies advanced analytics solutions to drive tangible impact for its clients across multiple industries, we quickly realized that our technologies elegantly complement Cognizant’s capabilities and would allow us to jointly achieve powerful, positive business results for Cognizant clients. We believe that the combined strengths of Zementis and Cognizant will generate meaningful business value in the marketplace and create game-changing outcomes for Cognizant clients.”
Select industry applications for integrated Cognizant + Zementis solutions include:
Banking & Financial Services
- Multi-channel fraud detection
- Credit risk management
- Asset and liability management
Life Sciences & Health Care
- Insurance fraud detection and mitigation
- Provider cost optimization
- Biotech and pharmaceutical R&D
Select customer use cases for integrated Cognizant + Zementis solutions include:
- Smart credit scoring
- Churn avoidance
- Multi-channel marketing campaign enablement
- Quality control for critical infrastructure
- Advanced product development
- Enhancing reliability and uptime for Internet-of-things (IoT) components
Fraud and Risk Analytics
- Multi-channel fraud detection
- Risk-based product pricing
- Risk-based capital management
The partnership will encompass Zementis’ entire product portfolio, including its two core solutions, ADAPA® and UPPITM, as well as multiple platform-specific variants. ADAPA is a decision engine for predictive analytics, and UPPI is a universal plug-in utility for industry-leading analytics and data warehouse platforms. Cognizant clients will be able to deploy these solutions on-premise or in the cloud, with access via an intuitive Web-based console, via one of multiple industry-leading analytics platforms or as a simplified Hadoop interface.
Supported solutions and platforms include: Amazon Web Services, Apache Software Foundation (Hadoop, Hive, Spark, Storm, Tomcat), Cloudera, Datameer, FICO, Hortonworks, IBM (BigInsights, PureData / Netezza, WebSphere), MapR, Microsoft Azure, Oracle WebLogic, Pivotal Greenplum, RedHat JBoss, SAP (HANA, Sybase IQ), Software AG (Apama), Teradata and Teradata Aster.
Zementis solutions benefit data-centric organizations by:
- Accelerating intelligent decision making via predictive models
- Reducing cost and complexity of predictive analytics
- Enhancing adoption and encouraging utilization of predictive analytics across multiple business functions and end users
- Ensuring scalability and reliability of model execution via a uniform deployment platform
- Supporting highly dynamic and complex data environments
Organizations and individuals interested in learning more about the joint capabilities of Cognizant and Zementis can contact Zementis at email@example.com.
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing 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 75 development and delivery centers worldwide and approximately 211,500 employees as of December 31, 2014, 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.
Zementis, Inc. provides software solutions for predictive analytics. The company was founded on the principle that data science teams and IT departments can collaborate seamlessly and efficiently, allowing predictive models to rapidly move from development to deployment, so that businesses and other data-centric organizations can easily incorporate predictive analytics into their routine operations. Agile deployment of predictive solutions is the cornerstone of the Zementis philosophy.
CIO Review recognized Zementis as one of the “Top 20 most promising Big Data companies in 2013”, and Gartner named Zementis a “Cool Vendor in Data Science” in 2014. Its ADAPA® and Universal PMML Plug-in (UPPI) scoring engines are designed from the ground up to benefit from open standards and to significantly shorten the time-to-market for predictive analytics in any industry. Customers such as Bosch, FICO, Equifax and Western Union have used Zementis solutions successfully to enhance their predictive analytics capacity and capabilities. For more information, please visit www.zementis.com.