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Cermaq Extends Collaboration with Cognizant to Further Enhance Operational Efficiencies

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Cognizant will provide managed infrastructure services and seek to modernize Cermaq’s cloud landscape as a digital transformation partner in Norway and Canada

TEANECK, N.J., March 20, 2024 /PRNewswire/ — Cognizant (Nasdaq: CTSH) has today announced its renewed collaboration with Cermaq Group AS, a leading global salmon producer driving the transition of systems towards healthier and more climate-friendly foods. The renewal comes after an existing ten-year relationship between the two companies which has enabled Cognizant to reliably act as a strategic ally on Cermaq’s path towards digital modernization. The collaboration will cover both the Norwegian and Canadian entities for Cermaq.

Throughout the agreement term, Cognizant will seek to simplify, modernize, and secure Cermaq’s technology landscape across infrastructure services, On-Premise and Cloud, while also testing out the latest technology trends including AI and Gen AI. Cognizant will aim to reduce the total cost of ownership, speed up time to market, lay the foundations for the digital enablement of Cermaq globally, and ensure stable operations of the infrastructure. As a result of this modernization, Cermaq’s clients can expect to experience a consistent and steady value chain thanks to stable infrastructure operations.

Food production companies, similar to Cermaq, are seeing the benefits of modernizing their digital infrastructure and adopting the latest technology to help improve efficiency and reliability, especially with current global supply chain demands and strains. Cermaq is on the threshold of taking the next step in expanding its IT footprint and enabling the entities in Norway and Canada to own their IT landscape within a centralized governance framework. Cognizant is a part of Cermaq’s cloud governance group and is playing a major advisory role to help ensure the framework is set up sufficiently so that the entities are independent, self-sufficient, and cohesive while aligning to the security and compliance guidelines agreed at a global level.

Davor Crnoja, Head of Global IT at Cermaq Group AS, said: “We are pleased to continue our collaboration with Cognizant, our trusted partner for the past decade. Following a lengthy and thorough RFP process, we carefully evaluated potential partners and are confident that Cognizant is the ideal choice to guide Cermaq’s IT operations. This partnership has been instrumental in shaping our technology landscape, and we look forward to leveraging Cognizant’s expertise to achieve new milestones. With a focus on simplifying, modernizing, and securing our infrastructure, we anticipate even greater efficiency and reliability in our IT operations.”

Knut Inge Buset, Country Manager of Cognizant Norway, said: “We are thrilled to be continuing our collaboration after ten-years of providing reliable and strategic counsel to Cermaq as they modernize their technology and infrastructure. Cognizant’s presence is the catalyst in helping both Cermaq’s individual entities and the global organization achieve their goals and mobilizing them towards adopting newer technologies as they emerge to keep pace with the market. Norway is one of the leading countries for seafood production and relies heavily on the blue economy. Through our collaboration with Cermaq we look forward to evolving our expertise in the Nordic Aquaculture and Seafood industry.”

In order to further support ocean health, Cognizant launched its business unit Cognizant Ocean in 2023. The aim is to find new areas of innovation in aquaculture, or water farming of fish, improve sustainable food production, while feeding the world by monitoring the behavior and welfare of thousands of individual fish over time.

About Cermaq
Cermaq is a leading global salmon producer driving transition of our food system towards healthier and more climate-friendly food. Our approach is transparency, performance, and partnerships, setting ambitious climate goals, innovation for clean farming, and scaling impact and ripple effects through local and global partnerships.

As a global organization, we are aware of the challenges being faced around the world from climate change, ocean debris and micro-plastics, declining natural fish stocks, and loss of arable lands for traditional protein farming.

We are supporting the United Nations and its work to combat these issues and are proud members of the United Nations Global Compact Ocean Stewardship Coalition. For more information, please visit: www.cermaq.com  

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

For more information, contact:

EMEA / APAC / Americas:

Christina Schneider 

[email protected]  

India:

Rashmi Vasisht 

[email protected]

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Nucleus Synapse 2025 Ignites the Human-AI Alliance as the Middle East Leads the Charge in AI-Powered Banking

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DUBAI, UAE, April 29, 2025 /PRNewswire/ — The Middle East isn’t just adopting digital transformation—it’s engineering the future of banking with bold leadership, smart regulation, and rapid AI investment. It is in this spirit of transformation that Nucleus Software convened Synapse 2025 – Middle East, held at the iconic Taj Exotic Resorts, The Palm, Dubai, uniting visionary banking leaders, technologists, and innovators to shape the Human-AI Alliance. More than just a gathering, Synapse 2025 was a catalyst for dialogue, strategy, and co-creation—anchored in the belief that the fusion of human insight and AI is the foundation of next-generation finance.

Mr. Vishnu R. Dusad, Managing Director & Co-founder of Nucleus Software, opened the event with an inspiring address that beautifully captured the spirit of the gathering—a celebration of enduring partnerships, innovation, and shared aspirations. With heartfelt reflections on Nucleus Software’s journey and a forward-looking vision rooted in technological purpose and human-centric progress, his words set a thoughtful and energizing tone for the day, reminding everyone of the power of collaboration in shaping the future of banking. “At Nucleus, we are committed to building solutions that are not just future-ready but future-defining,” he shared. “The Middle East is leading this transformation—bold, visionary, and driven by clear ambition. We are honoured to contribute to this journey.”

A compelling keynote was delivered by Mr. Jamal Saleh, Director General of the UAE Banks Federation (UBF), whose address illuminated the UAE’s transformative journey in digital finance. Highlighting the expansion of UBF from 46 to 62 member banks—now representing nearly the entire balance sheet of the UAE banking sector—Mr. Saleh reaffirmed the Federation’s leadership in driving regulatory innovation and AI adoption. Citing over 40 nationwide banking transformation initiatives inspired by His Highness Sheikh Mohammed bin Rashid Al Maktoum’s mobile-first government vision, Mr. Saleh underscored that “AI is no longer a buzzword—it is becoming the bloodstream of modern banking.” He emphasized the essential role of cybersecurity, trusted regulations, and human oversight in this evolution, and projected with confidence that the UAE would exceed its goal of doubling the digital economy’s GDP contribution by 2030—with partners like Nucleus Software playing a crucial role.

The day’s dialogue was further enriched by two dynamic panel discussions. In the business-focused session, thought leaders Shoaib Rizvi (SVP, Group Head of Digital Products, Emirates NBD), Sudarshan Seshadri (Head of Retail Banking, National Bank of Umm Al Qaiwain), Ahmed Mourad (COO, Astratech), and Suvo Sarkar (Banking Industry Leader & Host of Money Majlis) explored how human insight, powered by AI, is transforming the very fabric of banking. “Customer centricity is no longer optional—it’s programmable,” said Rizvi, while Seshadri noted that “AI is our co-pilot, not our competitor.” Moderated by Anshul Khare, Director, Products & Business Solutions at Nucleus Software, the panel emphasized that trust, agility, and hyper-personalization are central to next-generation growth.

In the technology dialogue, leaders Nitin Bhargava (COO, Al Masraf Bank), Fozi Sultan (Head of IT & Projects, Deem Finance), and Shino Thomas (Head of Technology Operations, mBank), offered deep insights into how AI-native infrastructure is being engineered today to enable scale and speed. From real-time intelligence to modular, cloud-first platforms, the panel, steered by Mohamed Roshdy (CIO, Reem Finance), affirmed that the early-mover advantage in AI development lies in bold execution and a clear architectural vision.

One of the most anticipated moments of the event was the fireside chat with Chris Taylor, CEO of Deem Finance. In a rare and personal conversation, Taylor revealed how his passion for endurance sports has shaped his leadership philosophy—one rooted in discipline, clarity, and sustained execution. Moderated by Mr. Ashwani Arora, Global Head – Customer Success at Nucleus Software, the discussion highlighted Deem’s transformation journey, including its $400M securitization achievement and the remarkable shift from 80% manual to 60% automated interactions. “The biggest barrier to doing the right thing with AI is resistance born out of fear,” Taylor stated, while applauding Nucleus Software’s seamless platform implementation of FinnOne Neo® Collections as a benchmark ‘green-to-green’ transformation.

As the event drew to a close, Mr. Parag Bhise, CEO & Executive Director of Nucleus Software, delivered a powerful closing note, thanking the distinguished participants and reaffirming the company’s commitment to co-creating the future of finance. “We leave here with stronger bonds, sharper perspectives, and a shared determination to lead this Human-AI era with integrity, intelligence, and impact,” he said.

The Middle East is rapidly emerging as a global epicenter for AI-driven banking innovation. Guided by visionary leadership, progressive regulation, and strategic investments in digital infrastructure, the region is redefining the future of financial services. It is against this dynamic backdrop that Nucleus Software hosted Synapse 2025 – Middle East, bringing together stalwarts from across the banking and fintech ecosystem to shape the future of responsible, AI-powered finance. The event was a powerful declaration of what lies ahead. A bold leap into a future where human potential and artificial intelligence work in harmony, not in competition, as collaborative engines of progress.

To know more, please visit https://www.nucleussoftware.com/

 

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HR Path Expands Presence with the Acquisition of smahrt consulting AG in Switzerland, Experts in HR-IT Consulting, Implementation and Outsourcing

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PARIS, April 29, 2025 /PRNewswire/ — HR Path, a global leader in HR consulting and HRIS solutions, is proud to announce its strategic acquisition of smahrt consulting AG, a Swiss-based company specializing in HR-IT consulting, implementation and outsourcing. Especially within the SAP product portfolio.

With a presence in 28 countries and a team of over 2,500 professionals, HR Path is a trusted partner for businesses navigating the complexities of Human Resources. Specializing in advisory, implementation, and operational services, HR Path delivers cutting-edge solutions designed to enhance efficiency and foster growth. Since its founding in 2001, the company has remained steadfast in its mission to transform HR practices globally.

Founded in 2007, smahrt has built a strong reputation for delivering high quality project with the solutions of SAP HCM, SAP SuccessFactors and suitable add-ons from third-party providers or smahrt’s own development. However, not only the depth solution expertise makes smahrt outstanding, but also the excellent know-how in integrating peripheral systems. This enables the HR department to focus on its core tasks and handle administrative tasks digitally and efficiently.

This acquisition represents a significant milestone for HR Path, solidifying its position as a leader in the HR industry and expanding its presence in Switzerland. smahrt’s specialized focus on HR-IT perfectly complements HR Path’s vision of driving organizational growth and excellence through strategic HR solutions.

According to Ato Anderson, Partner at HR Path, this move is “not just a strategic expansion, it’s a people-focused evolution.” He continues, “With smahrt joining HR Path, we are establishing a new powerhouse in the Swiss HR-IT landscape, combining depth of experience with a shared commitment to excellence. Together, we are expanding our service offering while unlocking exciting new opportunities for our clients and our people. This marks the beginning of a new chapter where innovation, impact, and growth will shape the future of HR in the region.”

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CONTACT: Fabienne LATOUR – [email protected] 

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How to Become a Utility Trailer Dealer

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JINING, China, April 29, 2025 /PRNewswire/ — Becoming a utility trailer dealer offers a rewarding opportunity for entrepreneurs looking to serve local businesses and build steady income. Drawing from years of real-world experience, James Ge, founder of Rhinotrail, shares the essential steps for launching a successful dealership.

Understand Industry and Local Demand

Starting with a clear understanding of the trailer industry is critical. Entrepreneurs are encouraged to study the needs of local customers, from landscapers and contractors to farmers and municipalities. Regional trends and seasonal demands can shape inventory planning and sales strategies.

Handle Licensing, Insurance, and Compliance

Legal setup must be a priority. Dealers need to register their business, obtain appropriate dealer licenses, and secure insurance coverage. Requirements vary by state and county, making early research with local DMV or DOT offices essential. Proper compliance protects the business and builds trust with customers from the start.

Build Strong Manufacturer Partnerships

Establishing partnerships with trusted manufacturers gives dealers access to reliable inventory and competitive pricing. Visiting production facilities, reviewing warranty policies, and understanding minimum order expectations help future dealers select manufacturers who support their long-term success.

Choose a Strategic Sales Location

A dealership’s location should offer high visibility, easy accessibility, and appropriate zoning for trailer sales. Entrepreneurs are encouraged to start lean by renting space if necessary, focusing on clear organization and professional presentation of inventory to attract buyers.

Manage Inventory Smartly and Focus on Marketing

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Starting with popular trailer types, such as utility, dump, and enclosed models, allows new dealers to meet common customer needs without overextending capital. Marketing efforts should include a mobile-friendly website, listings on platforms like Facebook Marketplace and Craigslist, and local partnerships to build brand visibility.

Deliver Exceptional Customer Service and Financing Options

Strong customer service creates loyalty and word-of-mouth growth. Dealers who offer clear advice, transparent pricing, and after-sale support quickly differentiate themselves. Offering financing options through local banks or finance companies helps expand the customer base by making larger purchases more accessible.

James Ge and Rhinotrail believe that becoming a utility trailer dealer is a practical and achievable business move for entrepreneurs ready to take action.

Entrepreneurs ready to build their own dealership can contact Rhinotrail today to explore reliable trailer solutions and expert support.

For more information, contact:

Rhinotrail

Website: rhinotrail.com

Email: [email protected]

Phone: +65 97708910

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