Cloud computing

Deloitte has bought 14 cloud-tech firms since 2017.

This is Cognizant's ninth acquisition in 2020, as the company looks to expand analytics capabilities.

The acquisition augments Deloitte's cloud capabilities and strengthens its position in the cloud services market.

"Our clients today are faced with managing a complex technology landscape filled with mission-critical applications and data that are running across a variety of hybrid cloud environments," says Rob Thomas, senior vice president, cloud and data platform, IBM.