The agreement was signed at SAPPHIRE by Francisco D'Souza, President and CEO of Cognizant, and Bill McDermott, President of Global Field Operations, SAP AG, and member of the SAP Executive Board. At the conference, Cognizant was honored with an SAP Pinnacle Award in recognition of its contribution toward expanding the SAP-focused ecosystem.
The agreement is said to mark an important milestone in the relationship between the two companies, which have been working together to enable organizations to realize enhanced business results from their investments in SAP solutions and become stronger businesses. The Cognizant SAP Touchstone Center, set up in 2008 at Cognizant's facility in Bangalore, India, is already working in coordination with SAP Co-Innovation Labs worldwide as the hub of development and innovation at Cognizant in support of SAP solutions.