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CTSH

Cognizant

$62.62 /

+0.85 (+1.38%)

06:14
01/29/20
01/29
06:14
01/29/20
06:14

Cognizant-led consortium awarded five-year contract by Network Rail

Cognizant has been selected by Network Rail, Britain's principal rail infrastructure owner, to lead a new consortium tasked with delivering data-driven operations as part of a intelligent infrastructure transformation program. Cognizant, in partnership with rail specialists Amey Consulting and Arup, has been awarded a five-year contract to design, build and operate digital capabilities based on artificial intelligence, internet of things, data analytics, and mobility technologies that will help improve Network Rail's asset management and overall performance. Cognizant will lead the consortium in developing and applying data collection and analytics to Network Rail's more than 12,000 connected assets, such as track circuits, signal power supplies, and switches. The new capabilities will equip Network Rail with real-time condition monitoring and data-driven insights, aided by artificial intelligence. Network Rail expects to lower costs and enhance safety by predicting and preventing maintenance issues, prioritizing work streams and minimizing the time rail workers spend on the tracks. Passengers and freight customers are expected to experience fewer travel disruptions.

  • 05

    Feb

CTSH Cognizant
$62.62 /

+0.85 (+1.38%)

01/21/20 Berenberg
Cognizant initiated with a Hold at Berenberg
01/09/20 Wells Fargo
ASGN price target raised to $80 from $75 at Wells Fargo
01/09/20 Wells Fargo
Wells Fargo changes three ratings in Commercial IT Services heading into 2020
01/09/20 Wells Fargo
Cognizant upgraded to Overweight from Equal Weight at Wells Fargo

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