
Aker Solutions and Cognizant Renew Collaboration to Drive IT Transformation with AI-First Approach
The new agreement seeks to modernize Aker Solutions' IT infrastructure using AI platforms, including Cognizant Neuro® platform.
OSLO, Norway, June 30, 2025 /PRNewswire/ — Cognizant (Nasdaq: CTSH) and Aker Solutions, a global leader from Norway in the energy industry, have extended their long-lasting partnership, which began in 2016, with a new multi-year agreement. Using the Cognizant Neuro® platform, designed to boost generative AI adoption with flexibility, security, scalability, and responsibility, this agreement aims to transform Aker Solutions' IT service delivery, making it more agile and efficient for the evolving energy sector.
Under the new agreement, Cognizant has introduced a transformation roadmap that focuses on upgrading current services without disrupting stable operations. Using the latest technology and AI platforms, Cognizant aims to modernize Aker Solutions' IT operations and projects, including cloud services, IT infrastructure, application management, networks, and cybersecurity. This transformation is expected to enhance the end-user experience while leveraging AI and machine learning to better protect Aker Solutions' critical data and infrastructure. Additionally, with the implementation of a scalable and flexible consumption-based commercial model, Cognizant aims to increase overall agility, enabling Aker Solutions to adapt quickly to changing market demands.
'This agreement supports Aker Solutions' digital journey, aligning with our strategy to leverage digitalization to increase value creation and reduce costs across the entire project lifecycle', said Signy Vefring, Executive Vice President for Strategy and Technology at Aker Solutions.
'I'm excited to take our partnership to the next level and to equip our organization with the tools and infrastructure needed to stay at the digital forefront of our industry', said Ingvild Berlin Kalleberg, Chief Information Officer at Aker Solutions.
'I look forward to the continued collaboration with Aker Solutions. By leveraging the Cognizant Neuro® platform, we aim to enhance innovation across Aker Solutions' IT operations, reinforce our shared commitment to digital transformation, and further advance technology-driven outcomes for the energy sector in Norway and beyond', said Saket Gulati, Head of Northern Europe at Cognizant.
'We are excited to continue this renewed collaboration with Aker Solutions. This is a testament to the successful relationship and the positive outcomes we have delivered over the past nine years,' said Knut Inge Buset, Head of Norway at Cognizant. 'Today, there is increasing reliance on new energy sources, along with a growing need for improved efficiency. This requires unprecedented operational agility within the energy and utilities sector, and investment in digital has become a vital component for many traditional operators and new entrants alike.'
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.
About Aker Solutions: Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 11,800 people in more than 15 countries.
For more information, contact: For more information about Cognizant and for media enquiries, please contact globalpr@cognizant.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Express
an hour ago
- Daily Express
Alliance Bank BizSmart® Challenge Launches 'The Ultimate Elevator Pitch – Malaysia's First Feature-Length SME Business Pitch Film'
Published on: Monday, June 30, 2025 Published on: Mon, Jun 30, 2025 Text Size: From Left to Right: Kelly Kam (Group Chief Executive Officer of Alliance Bank Malaysia Berhad), Natalie Tan (Partner 5X Capital), and Bikesh Lakhmichand (CEO & Founding Partner, 1337 Ventures) KUALA LUMPUR: In a unique and landmark convergence of business, storytelling, and digital streaming, Alliance Bank Malaysia Berhad today launched The Ultimate Elevator Pitch — Malaysia's first feature-length SME business pitch film focused on SME entrepreneurship in conjunction with World MSME (Micro, Small, and Medium Enterprises) Day. The movie premiers exclusively on iQIYI, one of Asia's leading OTT platforms. Alliance Bank also announced the return of the BizSmart® Business Conference (ABBBC) — the Bank's annual flagship event under the BizSmart® ecosystem, now in its second year. The documentary-style movie offers unprecedented, behind-the-scenes access to the Accelerator Edition of the BizSmart® Challenge — Alliance Bank's flagship SME development programme which celebrated 10 years in 2024. Viewers will experience the raw emotions, high-stakes pitches, intense questioning and pivotal breakthroughs that capture the real-life drama of building a business in today's fast-paced, volatile environment. Launched in 2013, the BizSmart® Challenge was created to empower local entrepreneurs with access to funding, mentorship, and market exposure. In 2024, the Challenge introduced the 60-second Elevator Pitch as a new and dynamic addition, reinforcing its reputation as a trailblazing platform within Malaysia's SME ecosystem. Furthermore, strengthening its credentials as the pioneering partner of SMEs, Alliance Bank became the first bank to go beyond offering loans to SMEs and offer venture capital through 1337 Ventures and 5X Capital, as well as cash prizes through Cradle MYStartup and Credit Guarantee Corporation Malaysia Berhad (CGC). 'For over a decade, we've supported entrepreneurs beyond financial services,' said Kellee Kam, Group Chief Executive Officer of Alliance Bank. 'This movie is Malaysia's first feature-length SME business pitch film that invites the public to witness the grit, vulnerability, and determination behind Malaysia's SME founders. It's a portrait of resilience and ambition — and a celebration of the changemakers building our future.' The 2024 Alliance BizSmart® Challenge awarded RM550,000 in cash prizes to 13 outstanding winners. Among them, BioLoop, Gula Cakery, and HiiVolt emerged as the top three, standing out for their innovation, business acumen, and growth potential. 'These winners reflect the creativity, perseverance, and ambition that define Malaysia's SME sector,' shared Kellee Kam. 'We've gone beyond just providing bank funds — together with our esteemed partners CGC, Cradle's MYStartup , 1337 Ventures , and 5X Capital, we now offer a range of financial solutions from loans to venture funding. We'll continue to support SMEs with funding, mentoring, and visibility. As The Bank For Life, our mission is to empower entrepreneurs to make a lasting impact across industries and communities. We're proud to remain pioneers in this space — just as we were a decade ago when we launched the BizSmart® Challenge.' The idea for The Ultimate Elevator Pitch was sparked by a single insight: entrepreneurship isn't just strategy — it's deeply emotional. It's best understood through the lived experience of founders. With audiences increasingly drawn to authentic, documentary-style content, the Bank saw an opportunity to bring these stories to life in a way that's both exciting and real, to inspire the next cohort of Malaysian entrepreneurs. Partnering with multi-awarded local agency Ampersand Advisory, the film blends cinematic storytelling with entrepreneurial depth — capturing moments that rarely make the headlines but define the heart of business building. 'We see entrepreneurs as heroes, and that's how we approached this movie. Our client was open-minded and the idea of a movie came in a large part from them. The audience gets a rare front-row seat to some of the struggles and high points that define a founder's journey,' said Sandeep Joseph, Co-Founder and CEO of Ampersand Advisory, who also directed the film. 'You'll see the unguarded moments, the investor debates, and the mentorship that shapes growth. It's raw, relatable, and relevant. These are the stories of Malaysia's future business leaders, told without filter.' Filmed during the intensive BizSmart® Challenge journey, the film offers never-before-seen access to mentorship sessions, last-minute pitch prep, emotional highs and lows — and the real stakes faced by entrepreneurs chasing funding and recognition, while managing personal pressures and daily business challenges. 'This is more than a celebration of success. It's a visual archive and story of what it takes to build a business in today's Malaysia', added Sandeep. 'We're delighted that a local home-grown bank wanted to make a heartwarming film about local entrepreneurs, and picked a local agency like ours to do so. As an entrepreneur I can resonate with the journey of these courageous and diverse founders.' Streaming Where Malaysians Watch: The iQIYI Partnership In keeping with today's digital-first habits, iQIYI and Alliance Bank proudly partnered to host Malaysia's first-ever film centred around a business pitch programme — a bold, original concept that celebrates the ambition, innovation, and resilience of local entrepreneurs. The documentary reinforces both brands' commitment to supporting homegrown talent and inspiring content. Watch it exclusively on iQIYI from 18 July 2025, making it accessible to entrepreneurs, students, and aspiring founders across Malaysia, anytime and anywhere. 'This is the first time a bank-led SME initiative has been transformed into a cinematic experience that balances heart and ambition, It proves entrepreneurship isn't reserved for boardrooms — it highlights the highs, lows and spirit of local founders who are taking bold steps to shape their future to make it more meaningful," said Evangeline Song, Head of Brand Partnerships, APAC & Middle East at iQIYI. 'We're excited to bring such authentic, homegrown stories to a wider audience through this collaboration.' Celebrating 10 Years of the BizSmart® Challenge 2024 also marked a milestone 10th anniversary for the BizSmart® Challenge, with the introduction of the Accelerator Edition. This 2024 edition attracted a record-breaking 593 submissions — the highest since the programme began in 2013 — reflecting the vibrancy and competitiveness of Malaysia's SME landscape. The finalists went through months of the programme , including a 4-day Accelerator Programme, business coaching, a 5-minute business pitch, 60-second Elevator Pitch, and the final 3-minute pitch to a panel of industry leaders. The programme ensured each entrepreneur received valuable exposure, insights, and support. In a first, every finalist from last year walked away with a prize — reinforcing Alliance Bank's commitment to inclusive growth and support for the entrepreneurial ecosystem. A Prelude to the 2025 BizSmart® Business Conference (ABBBC) Taking place on 7 October 2025 at W Kuala Lumpur, this year's BizSmart® Business Conference (ABBBC) conference is themed 'Boundaries Reimagined' and will feature over 35 speakers, including high- growth founders, visionary investors, and BizSmart® alumni who've scaled their businesses across sectors and regions. This year's line-up includes industry leaders such as CEO of Colony Timothy Tiah, Founder of A Cut Above Winnie Loo, HYGR Co-founders Ivor and Meng, Kee Nguyễn Vietnam Coffee Co-founder and director Radius Khor and , past BizSmart® Challenge winners finalists BioLoop CEO Mah Jun Kit, Gula Cakery founder Nor Arieni and HiiVolt Founder Dr. Jay . The agenda will cover real-world topics such as cross-border business expansion, digital disruption, brand- building under pressure, business model evolution, and how SMEs can thrive through change. Participants can also look forward to curated networking, business-matching opportunities, and access to industry-shaping insights. To mark World MSME Day, a special early bird ticket price of RM88 is available until 3 July 2025 — underscoring the Bank's commitment to making high-impact knowledge and access more inclusive for entrepreneurs at every stage. For more information about the Alliance Bank BizSmart® Challenge visit To watch The Ultimate Elevator Pitch movie, visit [insert the link for iQIYI} which goes live on 18 July 2025. Tickets information and other insights to the BizSmart® Business Conference (ABBBC) 2025, visit * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia


Malaysian Reserve
2 hours ago
- Malaysian Reserve
Merrell Advances Running Innovation with the Launch of the High-Tech ProMorph Hybrid
Engineered for runners who move between roads and trails, the ProMorph blends responsive foam and all-terrain traction ROCKFORD, Mich., June 30, 2025 /PRNewswire/ — Merrell, the world's leading hiking and outdoor footwear brand, is expanding its performance running portfolio with the debut of the ProMorph, an all-terrian hybrid built with responsive cushioning and confident grip across any surface. The ProMorph merges the DNA of an elite road racer with the technicality of a trail shoe, making it Merrell's most well-rounded hybrid to date. Designed for runners seeking a one-stop shop shoe that can carry them across long distances and varying terrain, the ProMorph is built with energy-efficient FloatPro+ foam, offering lightweight rebound over extended periods of time. FLEXconnect® dual-directional flex grooves enhance stability and ground feel, while a Vibram® XS Trek Evo outsole provides versatile grip on both wet and dry ground, allowing for confident movement whether you're on asphalt or mountain switchbacks. 'At Merrell, we're reimagining what performance looks like for today's runner by merging our trail heritage with modern innovation,' said Richard McLeod, Chief Marketing Officer for Merrell. 'The ProMorph exemplifies how we're evolving—delivering a hybrid design that's not just versatile but engineered with our most advanced foam and traction technologies to meet the expectations of a new generation of athletes. It's a bold step forward in redefining what Merrell stands for in the running space.' With a stack height of 32.5mm in the heel and a 6mm drop, the ProMorph is tuned for high-cushion performance without sacrificing control. The athletic fit locks in the foot while maintaining breathability and comfort for ultra-distance efforts, making it a trusted go-to from daily training to race day use. To celebrate the launch of the ProMorph, Merrell sponsored team 'Loose Footage' at the 2025 Southbound 400, an unsanctioned 400-mile relay race from the Canadian border to Manhattan held on May 16. The race had no permits, no official course markings and no designated hand-off points—just one rule: a runner must be moving at all times. Team Loose Footage took third place overall, completing the race in the ProMorph. The ProMorph will be available for $150 in men's and women's models, launching on July 1, 2025, at and select retailers. ABOUT MERRELL:Merrell exists to share the simple power of being outside and is committed to building an inclusive and sustainable environment for future generations to enjoy. As the global leader in outdoor active footwear with the Moab hiking boot and Jungle Moc, Merrell is focused on merging performance, styling, and comfort to empower all people to explore the outdoors confidently. The brand was recently named Footwear News' 2022 Brand of the Year for promoting a more diverse vision of the outdoors. Visit or follow us on social @Merrell. Merrell is a division of Wolverine World Wide, Inc. (NYSE: WWW), one of the world's leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's, and uniform footwear and apparel.


Malay Mail
4 hours ago
- Malay Mail
Gorilla Announces $105 Million Registered Direct Offering of Common Stock
The offering is led by a $100 million investment from a single new fundamental institutional investor and includes additional participation from a large existing shareholder The proceeds will be used to establish performance guarantees and bid bonds, as well as meeting requirements in connection with bids for projects, and in relation to previously announced acquisitions [email protected] [email protected] London, United Kingdom - Newsfile Corp. - June 30, 2025 -(NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today announced that it has entered into a securities purchase agreement for ordinary shares with a $100 million investment from a single new fundamental institutional investor as well as participation from a large existing shareholder to raise $105 million of equity capital via a registered direct offering of 6,000,000 of its ordinary shares (or pre-funded warrants in lieu thereof) at an offering price of $17.50 per ordinary gross proceeds to the Company from the offering are expected to be approximately $105 million before deducting placement agent fees and other offering expenses payable by the Company. Gorilla intends to use the net proceeds from the offering for working capital needs, particularly to establish performance guarantees or bid bonds; establish statutory capital reserves and meet other requirements in connection with bids for various projects; in relation to previously announced acquisitions; and for other general corporate Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering is expected to close on or about July 2, 2025, subject to the satisfaction of customary closing offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-274053) previously filed with the Securities and Exchange Commission (the "SEC") on August 17, 2023, and declared effective on August 29, 2023. The offering is being made only by means of a prospectus supplement and the accompanying base prospectus that form a part of the registration statement. A final prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC's website at. Copies of the final prospectus supplement and the accompanying base prospectus relating to the offering, when available, may be obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 29th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email atThis press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for more information, please visit our website: This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding relating the expected completion, timing and size of the offering, the Company's intended use of proceeds from the offering, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the SEC on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable DowdProsek PartnersDave GentryRedChip Companies, Inc.1-407-644-4256 The issuer is solely responsible for the content of this announcement.