Cognizant (Nasdaq: CTSH), a Teaneck, N.J.-based professional services company, acquired Code Zero Consulting, an Atlanta, Ga.-based provider of consulting and implementation services for cloud-based Configure-Price-Quote (CPQ) and billing solutions.
The amount of the deal was not disclosed.
The acquisition further strengthens Cognizant’s cloud solutions portfolio and Salesforce CPQ and billing capabilities.
Founded in 2016 and led by Gene Nix, managing partner, Code Zero provides companies with 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 global enterprises among its clients across industries, particularly manufacturing and financial services. Its 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. The company’s team of professionals, based primarily in Atlanta, Ga., and Charlotte, N.C., will complement and extend ATG’s presence.
Led by Brian Humphries, CEO, Cognizant is one of the world’s leading professional services companies, operating via an industry-based, consultative approach to helps clients envision, build and run more innovative and efficient businesses.
FinSMEs
04/02/2020