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Cognizant Named #7 to Fortune’s Change the World List

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TEANECK, N.J., Sept. 25, 2024 /PRNewswire/ — Cognizant (NASDAQ:CTSH) today announced it has been named to Fortune’s 2024 Change the World list, ranking number 7 among 52 companies across a variety of industries and categories. This recognition celebrates the innovation and societal impact of Cognizant’s Synapse initiative to advance technology job training for 1 million people worldwide by 2026.

Now in its 10th year, the Fortune Change the World list is rooted in the belief that companies can use the same principles they follow when running a successful business to find innovative ways to solve societal and environmental problems. The selection process considers the company’s measurable impact on one or more societal problems, how that work benefits the company and how innovative the company’s efforts are relative to others in their industry. Cognizant has been recognized within Fortune’s Tech Educator rankings for this list.

“We are honored that Fortune’s Change the World list recognized Cognizant’s Synapse initiative. Talent is everywhere, and we launched this initiative to empower this potential by equipping one million individuals with new technology skills. I’m proud that Synapse is not only an investment in our own people, but also an investment in sustaining our communities where the next generation of talent is developing,” said Tobi Young, Senior Vice President and Chief Corporate Affairs Officer at Cognizant.

In partnership with its clients, technology partners, and nonprofits, Cognizant’s Synapse initiative aims to spur and support investments in skilling to create pathways to the jobs of the future that otherwise would be unreachable for many. This recognition underscores the impact Cognizant and its associates have made to support the goals of Synapse by equipping individuals around the world with the technology skills they need to be part of the workforce of the future.

To learn more about Synapse, visit the website here.

About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences to stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. These statements include, but are not limited to, express or implied forward-looking statements relating to the effectiveness and results of our Synapse initiative, including our ability to build a consortium of partners for the training program and the number of individuals we expect to reach with the initiative. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, the competitive and rapidly changing nature of the markets we compete in, the competitive marketplace for talent and its impact on employee recruitment and retention, and the other factors discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law. 

For more information, contact:

U.S.

Name Gabrielle Gugliocciello

Email Gabrielle.Gugliocciello@cognizant.com 

Europe / APAC

Name Christina Schneider

Email christina.schneider@cognizant.com 

India

Name Rashmi Vasisht

Email rashmi.vasisht@cognizant.com 

 

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SOURCE Cognizant

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Chinese brand Desman ranked the top globally in high-end smart locks sales, three major agencies announced

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BEIJING, Sept. 27, 2024 /PRNewswire/ — Hangzhou, Zhejiang province-based Desman (China) Machinery & Electronic Co Ltd has become the global leader in sales of high-end smart locks. Three leading domestic and international agencies jointly announced that the company has ranked the top in the segment in China and the world for three consecutive years for overall sales.

Desman held a conference about the brand’s growth momentum on Sept 25 in Beijing. At the event, three agencies, which are China Daily Hardware Technology Development Center (approved by the State Scientific and Technological Commission), consulting firm Euromonitor International, and Beijing-based market consultancy Shangpu Group, jointly certified that Desman’s high-end smart locks have ranked the top in domestic and global sales for three consecutive years. The brand was also recognized with the certification of “world-leading core technologies”.

During the event, the three agencies presented their comprehensive research results of domestic and international smart locks markets. Based on data from national market research conducted over the past three years (2021-2023), Desman’s high-end smart locks continuously ranked the top for sales in China. Besides, global market research taken over the same period showed that Desman took the top spot for sales volume and market share in the global high-end smart locks market for three straight years.

The certification of “world-leading core technologies” was a result based on extensive interviews with industry experts and an assessment of the core technologies used throughout the lifecycle of the products. This evaluation also included a comparative analysis of major smart locks companies in terms of technological advancement, market recognition, production capacity and sales.

Meanwhile, London-based World Record Certification Agency (WRCA) awarded Desman with the certification of “world’s most outstanding smart lock with ultra-high fingerprint recognition rate” (Desman GPTfinger fingerprint recognition technology). Third-party testing confirmed that the fingerprint module applying Desman’s GPTfinger technology achieved a false acceptance rate of only 0.00099% and a false rejection rate of 0.86379%.

During the event, WRCA certification officer Maksim Kriukov said Desman leads the smart locks industry with its groundbreaking GPTfinger fingerprint recognition technology. It enabled the products to embrace a new era of GPT algorithm-based recognition, and this advancement addresses the challenges faced by a small group of people with difficulties in fingerprint recognition.

In addition, the event witnessed the official signing between Desman and its partner about Desman’s fourth global joint laboratory in Phoenix, Arizona, the United States, and thus completing its global network of building four labs. Those labs are strategically located in diverse environments, including the desert climate of Phoenix; the extreme high temperature climate of Dubai, the United Arab Emirates; the typhoon-prone climate of Taiwan, China; and the moderate climate of Hangzhou, Zhejiang province, China. Together, the labs form a comprehensive testing network and enable Desman products to go through rigorous reliability tests in extreme conditions, ensuring long-term stability of the smart locks products across regions.

Zhu Zhiling, chairman and CEO of Desman, said at the event that the success that Desman has achieved is a snapshot of China’s smart locks industry, and an indication of China’s technological advancements.

“Guided by our vision of ‘technology makes life simpler’, Desman will continue to drive innovation in the smart locks industry and ensure that every household has access to advanced smart locks solutions,” Zhu said.

View original content to download multimedia:https://www.prnewswire.com/news-releases/chinese-brand-desman-ranked-the-top-globally-in-high-end-smart-locks-sales-three-major-agencies-announced-302260871.html

SOURCE Desman (China)

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Medius named Customer Favorite by Spend Matters

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JACKSONVILLE, Fla., Sept. 27, 2024 /PRNewswire/ — Medius, a leading provider of AP Automation and wider Spend Management solutions, today announced that it has earned three prestigious SolutionMap Customer Favorite badges from Spend Matters:

Customer Favorite – Supplier Management
Customer Favorite – Contract Lifecycle Management
Customer Favorite – eProcurement

Medius is among 93 vendors in the Fall 2024 SolutionMap and TechMatchSM procurement technology rankings. Each of the vendors in the SolutionMap process undergo rigorous functionality and capability assessment with 500+ RFI requirements across 15 procurement technology solutions with mandatory demos and impartial, anonymized customer ratings.

Vendors with the highest number of top scores from their customers’ surveys earn the Customer Favorite badges.

“We’ve designed SolutionMap to aid the practitioner so they may better understand and analyze the customer experiences, market developments and technological innovation of the myriad solution providers by process competency,” said Jason Busch, Founder and CEO of Spend Matters.

“We are excited to see Medius solutions awarded as customer favorites in so many areas of Medius’ spend management suite. We continue to deliver incremental innovations that help them save time, reduce risk, improve operations, and add more value to their procure-to-pay processes and customer clearly love our work in the independent feedback they provide through the SolutionMap process,” said Daniel Ball, Chief Product Officer at Medius.

For more information, please contact:
Dan Bird, Fight or Flight for Medius
Dan.Bird@fightflight.co.uk +44 7885 670798 / Medius@fightflight.co.uk +44 330 133 0985

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/medius/r/medius-named-customer-favorite-by-spend-matters,c4043783

 

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HORIBA India and Dumarey Group join hands to provide engineering services for the design and development of Internal Combustion Engines (ICE, H2-ICE), transmission and electrical vehicles for Indian market

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NEW DELHI, Sept. 27, 2024 /PRNewswire/ — HORIBA India, a subsidiary of The Japanese conglomerate HORIBA, Ltd., and Dumarey Group joined hands for engineering consultancy on the design and development of Internal Combustion Engines (including hydrogen-powered applications, both dual fuel and 100% H2), transmissions and electrical vehicles for Indian customers.

HORIBA India, with a wide range of analytical and measurement solutions from its parent company HORIBA, Ltd., and Dumarey Group, with its specialization in engineering, development, integration and sale of hydrogen and diesel technologies, shall bring to the table their respective knowhow and expertise on hydrogen-powered solutions, decarbonizing solution, engineering consultancy on development projects and testing facilities for the Indian market.

An official MoU exchange took place at the Dumarey facility in Torino, Italy, in July 2024. The MoU was signed between Dr. Rajeev Gautam, Corporate Officer – HORIBA, Ltd., Japan and President – HORIBA India, and Mr. Pierpaolo Antonioli, CEO – Dumarey Propulsion Solutions and CTO Dumarey Group, for this partnership.

“The partnership will open up new horizons for development and testing of conventional and hydrogen fuelled internal combustion engines,” quotes Dr. Rajeev Gautam.

Pierpaolo Antonioli, CTO Dumarey Group, says: “This collaboration marks a significant step forward in our commitment to pioneering sustainable and innovative propulsion solutions. By combining our expertise with HORIBA’s advanced analytical capabilities, we are ready to deliver cutting-edge technologies that will drive the future of mobility in India.”

About HORIBA India

HORIBA India, a wholly owned subsidiary of The HORIBA Group, based in Kyoto, Japan, is a world leader in analytical testing and research equipment, operating across the globe since its inception in 1953.

Headquartered in New Delhi, HORIBA India started its direct operations in the country in 2006 and since then has evolved to a company of 500+ employees, with a presence in PAN India and SAARC nations.

HORIBA provides unique analysis and measurement technologies and solutions for optimizing the operation of alternative energy carriers, such as hydrogen (H2) and ammonia (NH3), by combining ‘global network’ x ‘measurement technology’ x ‘engineering’.

About Dumarey Group

The Dumarey Group is an independent provider specializing in the development, integration, and production of cutting-edge propulsion systems, including transmissions and engines. With extensive expertise in engineering, manufacturing, and technological integration, backed by proven methods and processes, Dumarey Group delivers comprehensive ‘turnkey’ solutions tailored to industry needs. Its product portfolio encompasses the design of advanced propulsion systems, state-of-the-art control technologies, transmissions for passenger and commercial vehicles, injectors, after-treatment technologies, kinetic energy recovery systems, and second-life battery solutions. The company operates across seven locations in Europe and Asia, employing around 3,000 people and generating annual revenues of approximately 1 billion euros. Founded in 1983, the Dumarey Group was known as PUNCH until September 2023.

Press contact HORIBA India
Kanika Thakur (Lead – Corporate Communications)
Mobile: +91 96060 91711
Email: kanika.thakur@horiba.com, cco.hin@horiba.com 

Press contact Dumarey Group 
Manuela Seia
Mobile: +39 348 48 30 559
Email: manuela.seia@dumarey.com

Photo: https://mma.prnewswire.com/media/2517381/Group_photograph_of_officials.jpg

 

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