By: Monica Kucharski
Cognizant, a Fortune 500 company and one of the world’s leading technology and business services companies, has opened a new facility in Mississauga on 7100 West Credit Ave.
Mayor Bonnie Crombie attended the grand opening of this global technology company last month.
“As mayor, I’ve made it a top priority to foster and attract innovative businesses like Cognizant to our city and support them so that they can scaleup and thrive. Too often, Mississauga is left out of the discussions about the so-called ‘innovation corridor’ that stretches between Toronto and Kitchener-Waterloo. I’m here to tell you, Mississauga is an important destination on the corridor,” said Mayor Crombie.
Headquartered in New Jersey, with over 260,000 employees globally, Cognizant works with major companies in industries from health care to banking to help them transform their business through technology, enabling them to become more innovative and efficient in the digital era.
“Mississauga is an important hub for our Canadian operations. The Mississauga/Greater Toronto region is home to many of our Canadian clients, including the country’s leading banks, major insurance companies, and retailers,” said Allen Shaheen, executive vice president, North American Regional Delivery Centers, Cognizant.
Cognizant’s new Mississauga facility is a 50,000 square-foot technology and services delivery centre. It features training rooms, a digital lab, a delivery centre, and a co-innovation space, to allow Cognizant to work alongside clients to build and deliver specialized technology and industry-specific solutions.
It will initially 400 employees with plans to expand to accommodate another 200 employees by the end of 2018.
Cognizant’s investment in Mississauga not only means more jobs for Saugans – it also means a boost to technology education in the city. Cognizant is teaming with Seneca College to provide a new technology training program aimed at enhancing skills for current IT professionals, and building skills for students and other individuals interested in pursuing technology careers.
The program is expected to launch this fall with classes offered at Seneca College at no cost to qualified participants.
Mayor Crombie described Cognizant’s investment in Sauga as “a testament to Mississauga’s strong position on the innovation corridor and the attractiveness of our city to businesses.”
Crombie added, “Mississauga is home to a highly skilled and highly talented workforce. Cognizant will be the 74th Fortune 500 company to join team Mississauga, and I’d like to thank them for not only investing in our city but investing in our people. I look forward to the hundreds of jobs that Cognizant will bring to our city.”