Cognizant acquires Inawisdom to modernise data with AI, ML

Information technology company Cognizant announced to acquire UK-based Inawisdom, a privately-held AI, machine-learning, and data analytics consultancy, for an undisclosed sum.
This marks Cognizant’s ninth acquisition in 2020. The company has invested more than $1.1 billion this year alone for acquisitions in areas like data and artificial intelligence, digital engineering, Cloud and Internet of Things (IoT).
A premier consulting partner of Amazon Web Services (AWS), Inawisdom will further accelerate Cognizant’s innovation on data modernisation and intelligent decision-making, it said in a statement.
“Cognizant and Inawisdom’s clients will benefit from our shared, deep relationships with AWS and our combined expertise with AI, machine learning, cloud, and data analytics,” said Malcolm Frank, President, Digital Business, Cognizant.