Orkla: Orkla Signs a Five-Year Agreement with Cognizant

Orkla, the leading Nordic supplier of branded consumer goods and concept solutions to the grocery and out-of-home sectors, signed a five-year agreement with Cognizant on the operation of and support for Orkla’s IT systems. The agreement was entered into with Orkla Shared Services (OSS), which is currently responsible for the management of Orkla’s IT systems and shared services. OSS is a wholly owned subsidiary of Orkla.

Cognizant will take over responsibility for IT infrastructure, applications and support services, which are currently handled by OSS’s Service Operations department. This will strengthen Orkla’s IT platform and ensure more stable deliveries of IT systems and services to Orkla employees.

“Orkla is increasingly dependent on business-critical IT systems. Through our agreement with Cognizant, we will ensure that our IT solutions are provided in a cost-effective, yet secure way. Orkla employees will experience improved stability and accessibility in the systems and services that they use every day. Having an agreement with such a professional service provider will also ensure that we have the capacity to carry out major adjustments to meet future needs,” said Orkla President and CEO Åge Korsvold.

The agreement will generate cost savings for Orkla of an estimated NOK 200 million over a five-year period.

Click here to read more.