Cognizant buys Belgian analytics and advisory firm Hedera Consulting

Cognizant said it acquired Belgian analytics and advisory firm Hedera Consulting, for an undisclosed amount, to boost its consulting capabilities in Europe.

The Teaneck, New Jersey-headquartered IT company said Hedera’s consultants and data scientists help clients with growth strategy, innovation, marketing, sales and customer service. The company will become part of Cognizant’s consulting division.

The company was founded in 2009 and it has offices in Belgium and the Netherlands and clients across Europe, the UK and the Middle East.


“In the Belgian and Dutch markets, companies are re-designing their business and IT operating models for the digital era. Hedera Consulting expands our ability to help these European clients create agile and digitally transformed enterprises that can act and react to the oceans of data for deeper customer insight, new product development, and to innovate and exploit new business opportunities,” Santosh Thomas, President, Global Growth Markets, Cognizant, said in a statement.