Cognizant has expanded its Hong Kong presence with an additional office, allowing the firm to better serve its regional client base. The firm will be actively recruiting from local institutions to boost the capabilities, as well as leveraging the hub's time zone to support its Asia Pacific clients more generally.
Cognizant, a global information technology, consulting and business process services provider, is further expanding its global presence with a new office in Hong Kong. The firm is responding to continued demand for digitalisation across the region, as, among others, more and more key financial services firms look to transform their operations.
Through the expansion of its capabilities – the firm currently employs around 300 in Hong Kong – the firm aims to improve its service offering to its regional clients, as well as further afield across the Greater China region. In addition, the presence of the firm in the city will allow the firm to better coordinate with its Asia Pacific clients in their respective time zones.
The also move provides the firm with additional capacity build its local knowledge with key hires; the firm is actively recruiting graduates for entry-level technical and management positions. New staff are provided technical and soft skills training as part of the programme, which is then fine turned at technology and consulting projects. Through the hiring of local talent, the firm aims to have key local knowledge, and networks, in place to better serve clients across the region.
Jayajyoti Sengupta, Asia Pacific Head at Cognizant, remarks on the expansion: "Hong Kong's booming information and communication technology sector is among the world's most advanced. That, combined with Hong Kong's specialist business and technology talent, makes the city a great location for us to deliver transformative services to our clients in Asia Pacific and elsewhere."
The technology consultancy helps clients mainly with "navigating the shift to the digital era and enabling them to build stronger, more agile and innovative businesses", says Sengupta, with offerings at the intersection of design, digital, consulting and technology.
Arthur Wong, Chief Information Officer at China Construction Bank (CCB), one of the firm's larger clients in the country, says that the bank is "pleased” that Cognizant has expanded its commitment to Hong Kong. "CCB has been using Cognizant's high-quality financial services and technology expertise for years to manage and operate essential business processes more efficiently, lower operating costs through automation, enhance risk management, and deliver better business outcomes.”