US based firm Cognizant buys PIPC Group, move aimed at expanding its project management skills base

US based IT services firm Cognizant is set to purchase PIPC, the global management consultancy group, in a move aimed at expanding its project management skills base, said the firm. With operations in more than 10 countries, and a budding global presence, PIPC has expanded its global management consultancy services to a number of markets, building a name and a reputation in its core markets such as Australia, the UK and New Zealand.

PIPC employs around 200 professionals globally, but has major operations in the UK, Australia and New Zealand. Francisco D’Souza, Cognizant president and chief executive officer said PIPC’s program management experts will be a welcome addition to the US firm’s portfolio.

PIPC’s strategic program management offerings will strengthen Cognizant’s ability to manage increasingly complex global projects while expanding the firm’s geographic footprint, particularly in Australia, New Zealand and the UK, D’Souza said. Cognizant was established back in 1994 as a technology unit of the Dun & Bradstreet Corporation. The US firm provides outsourcing to India amongst other places and has over 50 global delivery centers and around 85,500 employees.

Simon Rawling, PIPC group managing director said the two firms have the right cultural fit and together can undertake business transformation initiatives that combine high-quality consulting, IT, and business process outsourcing services with our advanced project management offerings.

PIPC has earned an enviable reputation for delivering some of the largest and most successful programs in corporate history. Its expertise spans a number of market sectors including: Financial Services; Retail; Oil and Gas; Utilities; Government & Public, Communications; and the Environmental sector. With a presence across 14 offices globally operating across 25 countries, the firm boasts around 150 multi-national clients. PIPC manages more than £3billion of client projects at any one time.

Cognizant is an American multinational IT services and consulting corporation headquartered in Teaneck, New Jersey, United States. It was recognized as one of 2010 Fortune 100 Fastest-Growing Companies List for the eighth consecutive year. It has consistently ranked among the fastest growing companies, with an impressive and sustained business growth.

The firm has more than 500+ clients, spanning five continents and every major industry. The firm’s expertises, superb service and increased investments have enabled the firm grow in strength, enhancing and reinforcing its global presence across the sectors it operates.

1 Nov 2010.