Cognizant Acquires SAP Firm Zaffera
Cognizant acquired the assets of Zaffera, a strategic SAP retail consulting and software development firm based in New Jersey. The acquisition will significantly expand Cognizant's ability to provide industry-focused SAP consulting and software solutions to help major retailers gain better insights into their business, streamline operations, enhance customer satisfaction and improve responsiveness to changing market conditions.
"The retail industry is facing intense economic and competitive pressures," says Francisco D'Souza, president and CEO of Cognizant. "This acquisition will strengthen our ability to help retailers address these challenges and seize new opportunities created by multi-channel retailing. Zaffera's outstanding consulting expertise and software solutions will enhance Cognizant's rapidly growing SAP retail practice and our ability to deliver complex, large-scale global business transformations."
Like Cognizant, Zaffera helps retail brands navigate the rapid changes in the retail sector brought about by new technology and demographic shifts. To provide retailers with real-time visibility into what products are on their shelves, the rate at which they are selling and who is buying them, Zaffera has developed a portfolio of SAP retail solutions and accelerators in areas such as business analytics, retail planning, POS integration and store operations.