Invensys Rail signs five-year R&D outsourcing relationship with Cognizant

Wednesday, December 09, 2009

Invensys Rail, a multinational provider of railway control and communications systems, has teamed up with Cognizant in a research and development (R&D) outsourcing deal.

The agreement will see over 120 rail professionals offered job transfers from Invensys’ existing R&D centre in Hyderabad.

Under the five year contract, Cognizant will manage the company’s R&D process for the UK, Australia, Spain, and the US.

In a statement Cognizant said it hoped the deal would “bring in greater operational efficiency and cost-effectiveness to its [Invensys] global product R&D processes, improve quality and time-to-market, and enhance customer experience”.

“This business relationship is highly significant for the ongoing growth of Invensys Rail in both mature and emerging markets,” said James Drummond, Chief Executive Officer, Invensys Rail.

Financial terms of the contract were not disclosed.

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