Multibillion-dollar US information technology services provider Cognizant has bought private equity-backed local tech transformation consultancy Servian in a deal that will substantially increase the size of its cloud and data team.

Technology Solutions on Monday announced it is buying out Servian and Linium — taking the total number of such acquisitions to 11 over the past 12 months.

The top three forces that will have a strong impact on work in India by 2023 are hyper-connectivity (49%), concerns about security and privacy (46%), and process automation (44%).

Only 36% of companies in India experienced slightly negative to a very negative impact on their business performance in 2020, as opposed to the regional average of 44%, making Indian companies more resilient through the pandemic, a study by Cognizant revealed on Tuesday.

The pandemic has highlighted starkly that companies that were further along the path towards digitalisation have fared better weathering the coronavirus storm. The acceptance of Big Data as an established business concept, coupled with the emergence of useful Internet of Things (IoT) technologies, has the potential to significantly change the way businesses operate.