CenturyLink acquires Cognilytics to extend its IT services, Big Data and advanced predictive analytics capabilities
MONROE, Louisiana and SAN JOSE, California, Dec. 11, 2014 – CenturyLink, Inc. (NYSE: CTL) today announced the acquisition of Cognilytics, a leading provider of advanced predictive analytics and Big Data solutions to mid-sized and large enterprises. Cognilytics helps businesses convert “data to decisions” through deep expertise in Big Data deployment, management, advanced decision sciences, predictive analytics and data visualization.
“We are excited to expand CenturyLink’s IT Services, Big Data and predictive analytics capabilities through the addition of Cognilytics,” said Glen F. Post, III, chief executive officer and president. “CenturyLink’s network, IT services, cloud, managed and Big Data services, combined with Cognilytics’ decision sciences and advanced predictive analytics, SAP HANA expertise and Big Data solutions, will enable businesses to accelerate their Big Data adoption and monetize their data assets.”
Cognilytics has developed advanced analytics solutions across multiple industries, including financial services, retail, consumer products, health care, oil and gas, manufacturing, high-tech and logistics. Cognilytics has expertise in implementing Big Data technologies such as Hadoop and SAP HANA. Cognilytics also has received industry recognition as one of the top 100 most promising Big Data companies and won SAP partner excellence awards the last two years.
“Cognilytics has been a long-standing partner of SAP and has been successfully providing innovative Big Data and advanced analytics solutions to our joint customers. With the acquisition of Cognilytics by CenturyLink, we now have a partner that is even more aligned with SAP’s strategy,” said Bill McDermott, chief executive officer of SAP SE. “We set out to help customers Run Simple and believe the combination of Cognilytics and CenturyLink will further this mission to our joint customers around the world.”
Gary Gauba, who founded Cognilytics and is its chairman and chief executive officer, will become president of CenturyLink Cognilytics and report to Girish Varma, president, global IT services and new market development at CenturyLink.
“We founded Cognilytics with a mission to help customers monetize their data as a strategic asset. Our new home at CenturyLink will allow us to carry this vision forward. Together, we will focus on solving business problems and building new comprehensive solutions to provide customers with a competitive advantage,” Gauba said.
For more information, visit www.centurylinktechnology.com/big-data or www.Cognilytics.com.
About CenturyLink
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink® Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America’s largest corporations. For more information, visit www.centurylink.com.
