​Escorts starts a new journey with Cognizant to boost its businesses

In a bid to achieve the company's vision of digitally transforming its businesses to deliver innovative products, provide superior customer experience, and drive growth, Indian engineering company Escorts Limited on Wednesday announced a multi-year, multi-million dollar engagement with American technology firm Cognizant.

The Faridabad-headquartered firm operates in the sectors of agri-machinery, construction and material handling equipment, railway equipment and auto components.

An Economic Times report revealed, Cognizant will help Escorts to enhance control and collaboration across its value chain by mobile-enabling its workforce and integrating multiple systems used by vendors, sales partners, and customers.
According the financial daily, this will help Escorts continuously improve product quality and offer a broad range of customized, configurable, and value-added products and services, strengthening existing customer relationships and building new ones.

By setting up a transformation office, Cognizant plans to help Escorts embrace adaptive production lines and demand-based manufacturing practices, and develop new digital capabilities in areas such as mobility, analytics, cloud, telematics, and machine-to-machine communication.

Rajan Nanda, chairman and managing director of Escorts Limited, said, "Escorts is poised for a leap forward with its transformative business strategies. We are working passionately towards becoming the most trusted and innovation-led engineering company."

He further added, "In today's dynamic market, technology is a key to stay ahead of volatile demand patterns and rising expectations of informed, socially networked customers. As we start the journey with Cognizant, our commitment towards enhancing value for all stakeholders gets a further boost. With the global domain and technology expertise of Cognizant, we will be able to raise the bar of manufacturing excellence."
(Image: Cognizant)