Cognizant buys industrial IoT consultancy Bright Wolf
Cognizant has acquired Bright Wolf, a Durham, NC-based IT consultancy that focuses on industrial internet of things (IIoT) solutions and services.
Founded in 2009, Bright Wolf offers design consulting, development, and systems integration services for IIoT projects. The firm’s Zero Waste Engineering approach focuses on helping clients make the right investments at the right time that can be scaled as needed to meet business and market demands.
Bright Wolf helps clients connect their industrial equipment to leverage data-driven services and predictive maintenance; optimize industrial systems through automated manufacturing, supply chain, and energy operations; and integrate enterprise data to deliver better performance.
The company is a Microsoft Gold Partner and is an AWS Advanced Technology Partner, IoT competency. Bright Wolf has 28 employees according to LinkedIn, and works with industrial clients across manufacturing, energy, transportation, water, healthcare, and agriculture.
Cognizant’s acquisition of Bright Wolf will expand the firm’s Industry 4.0 expertise, enhancing its smart products offering and its capabilities in IIoT solutions architecting and implementation.
Cognizant will also form its newest IoT innovation lab in Raleigh-Durham with Bright Wolf as the core of the team.
The financial terms of the deal were not disclosed. The transaction is expected to close in Q4 2020.
"Combining Bright Wolf's experience in production-class IIoT deployments with Cognizant's expertise in foundational IIoT technologies will increase our clients' resiliency, operational efficiency, and competitive advantage," said Malcolm Frank, president, digital business, Cognizant. "Companies are increasingly embracing IIoT, and Bright Wolf's team of senior IIoT architects have delivered the business value others have struggled to achieve. We look forward to this talented team joining Cognizant."
The deal is Cognizant’s eighth acquisition this year. The Teaneck, NJ-based technology consultancy’s other acquisitions in 2020 include software developer Tin Roof, Microsoft partner New Signature, and Salesforce consultancies Lev and Code Zero.
Cognizant was named an Industrial IoT leader in the 2020 IDC MarketScape report, alongside rivals Wipro and Infosys. Accenture achieved the highest score in the vendor assessment, powered by its Industry X division, which recently added Myrtle Consulting Group, a Houston-based industrial operations consulting firm.
