Technology

Cognizant’s Digital Thread Know-how Helps Advance Lexmark’s Tempo to Market and Improve Product Top quality

TEANECK, N.J., Dec. 11, 2020 /PRNewswire/ — Cognizant (Nasdaq: CTSH) introduced at this time the profitable implementation of its digital thread technology-based data framework for Lexmark, a pacesetter in world imaging options, applied sciences, and managed print companies. This enhancement to Lexmark’s digital capabilities portfolio has earned Lexmark the celebrated 2020 Forrester/InfoWorld Enterprise Structure Award, recognizing the Lexmark Enterprise Structure group for its strategic management, concrete enterprise affect, and imaginative and prescient for enabling digital transformation.

Dubbed the ‘Product Digital Thread’ undertaking and powered by Cognizant’s BigDecisions® information modernization platform, the digital thread know-how framework has supplied Lexmark with predictive analytics and enhanced visibility into the standard management of its merchandise. This extra perception permits Lexmark to make higher and sooner choices about its broad product portfolio. Lexmark anticipates enhancing product high quality; supporting service difficulty triage, mitigation, and root trigger evaluation; optimizing fleet refresh; and stopping income loss to gray/black market and bid abuse.

“We’re proud that our profitable enterprise relationship with Lexmark has been acknowledged by Forrester and InfoWorld,” stated Rajeev Saraf, Head of Retail, Shopper Items, Journey & Hospitality at Cognizant. “Lexmark understands the advantages that digital can deliver to legacy platforms, which Cognizant is concentrated on delivering. By way of our collaborative efforts to research precious product information, we’re serving to Lexmark ship the pace, effectivity, and high quality their clients anticipate.”

“We acknowledged the worth in with the ability to “shut the loop” on information and analytics throughout the lifecycle of our {hardware} and provides, correlating information from product design by means of manufacturing, distribution, and operations – all the way in which to decommissioning,” stated Tom Eade, Senior Vice President and Chief Data and Expertise Officer at Lexmark. “Our partnership with Cognizant has been essential to reinventing how we service our clients. Cognizant’s experience and pace of supply helped remodel our operational and know-how infrastructure in order that we are able to proceed to supply modernized, distinctive merchandise in much less time and at a decrease value to our clients.”

Cognizant has labored with Lexmark to assist the corporate digitally remodel its enterprise structure group from know-how strategists to an outcome-driven group for improved services and products. This collaboration is validated by Lexmark’s excellence award from Forrester and InfoWorld, and by the corporate’s ongoing success working with Cognizant to leverage trendy, superior digital options.

About Lexmark
Lexmark creates modern IoT- and cloud-enabled imaging applied sciences that assist clients worldwide obtain their imaginative and prescient of print simplicity, safety, financial savings and sustainability.

For additional details about Lexmark,

About Cognizant
Cognizant (Nasdaq-100: CTSH) is without doubt one of the world’s main skilled companies corporations, reworking shoppers’ enterprise, working, and know-how fashions for the digital period. Our distinctive industry-based, consultative strategy helps shoppers envision, construct and run extra modern and environment friendly companies. Headquartered within the U.S., Cognizant is ranked 194 on the Fortune 500 and is persistently listed among the many most admired corporations on the planet. Find out how Cognizant helps shoppers lead with digital at www.cognizant.com or comply with us @Cognizant.

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