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Academic And Corporate Learning Management System (LMS) Market Size In US is set to grow by USD 20.95 billion from 2024-2028, Increased emphasis on digitization of education to boost the market growth, Technavio

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NEW YORK, Aug. 7, 2024 /PRNewswire/ — The academic and corporate learning management system (LMS) market size in US is estimated to grow by USD 20.95 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 27.17% during the forecast period. Increased emphasis on digitization of education is driving market growth, with a trend towards emergence of mobile learning. However, uncertainty in selecting an lms poses a challenge. Key market players include 360Learning SA, Adrenalin eSystems Ltd., Blackboard Inc., Cornerstone OnDemand Inc., D2L Inc., Degreed Inc., Docebo Inc., Epignosis LLC, GENTLAB S.R.L, Instructure Holdings Inc., Moodle Pty Ltd., Oracle Corp., PowerSchool Holdings Inc., SAP SE, Skillsoft Corp., Sprout On Web Pty. Ltd., Tovuti Inc., Violet InfoSystems Pvt. Ltd., Workday Inc., and Xperiencify.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Content management, Student management, Performance management, and Others), End-user (Corporates, Higher education institutions, and K-12 schools), and Geography (North America)

Region Covered

US

Key companies profiled

360Learning SA, Adrenalin eSystems Ltd., Blackboard Inc., Cornerstone OnDemand Inc., D2L Inc., Degreed Inc., Docebo Inc., Epignosis LLC, GENTLAB S.R.L, Instructure Holdings Inc., Moodle Pty Ltd., Oracle Corp., PowerSchool Holdings Inc., SAP SE, Skillsoft Corp., Sprout On Web Pty. Ltd., Tovuti Inc., Violet InfoSystems Pvt. Ltd., Workday Inc., and Xperiencify

Key Market Trends Fueling Growth

In today’s digital age, the bring-your-own-device (BYOD) trend is increasingly popular, particularly in the corporate and academic sectors. As learners access content via mobile devices, the integration of Learning Management Systems (LMS) and BYOD policies is essential. However, the corporate sector is shifting towards corporate-owned personally-enabled (COPE) devices due to IT teams’ burden of managing diverse devices. In this model, organizations issue devices, allowing IT control while enabling employee personal use. This trend signifies the continued use of mobile devices in the corporate sector, providing opportunities for LMS vendors to offer mobile-compliant features. Meanwhile, education technology content and product providers focus on a broader learner base. Most content and courses are designed for mobile devices, indicating a growing demand for blended learning and new learning forms like social learning and gamification. These developments necessitate LMS features for personalized and adaptive learning without compromising standards and curriculum. Vendors prioritize mobile functionality enhancements, such as learning workflow, delivery, and assessment, to cater to learners’ pervasive mobile culture.

The Academic and Corporate Learning Management System (LMS) market in the US is thriving, with a significant focus on employee training. Traditional methods like USB drives are being replaced by cloud-based LMS technologies. Enterprise resistance to new systems is decreasing as LMS providers offer advanced training programs and personalized learning experiences. Training content is shifting towards microcontent and virtual education for greater flexibility. Performance evaluations are integrated into these systems for effective tracking. Large Enterprises, HR, IT infrastructure, and the Retail vertical segment are major consumers of LMS solutions. Cloud-based deployment segment dominates the market, while on-premises solutions still have a presence. Service segment leads the market, followed by the solution segment. Instructor-led training and distance learning continue to co-exist. AI, user experience, and user engagement are key trends. E-learning content creators and Ed-tech startups are significant players, along with learning technology providers. Onboarding, professional development, continuous training, channel training, extended enterprise, and compliance training are common applications.

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Market Challenges

The US LMS market is characterized by a high degree of competition among local and international players, making it challenging for businesses to choose the right LMS for their needs. Effective evaluation of learning requirements is crucial before deploying a learning platform. This system helps organizations and institutions identify knowledge gaps and prioritize areas for improvement, enabling them to stay competitive and address the evolving skills needs of their employees or students. Failure to implement a robust LMS can hinder a company’s ability to gain a competitive edge during the forecast period. Organizations must conduct thorough evaluations to ensure their LMS aligns with their unique learning objectives and business goals.The Academic and Corporate Learning Management System (LMS) market in the US is thriving, driven by the increasing demand for flexible and effective training solutions. Challenges in this market include effective communication tools for remote learning, instructional approaches that cater to individual preferences and requirements, and integrating online courses with blended learning and traditional classroom education. Businesses seek development programs, skill development plans, and compliance training modules to enhance employee performance. Performance monitoring tools and HRMS systems are essential for tracking progress and evaluating skills. AI-driven features offer personalized learning experiences and microlearning through bite-sized modules. Cutting-edge technologies like virtual reality, augmented reality, and artificial intelligence provide immersive learning experiences for specialized skills development. The e-learning industry offers cloud-based solutions, training courses, and mobile learning on digital devices for employee engagement and career development. Remote learning solutions and distance learning segment are growing, with the cloud segment leading the market.

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Segment Overview

This academic and corporate learning management system (lms) market in US report extensively covers market segmentation by

Application1.1 Content management1.2 Student management1.3 Performance management1.4 OthersEnd-user2.1 Corporates2.2 Higher education institutions2.3 K-12 schoolsGeography3.1 North America

1.1 Content management- The Academic and Corporate Learning Management System (LMS) market in the US is thriving, with numerous organizations adopting digital solutions for training and development. LMS platforms enable efficient content delivery, tracking progress, and assessing performance. They offer flexibility, scalability, and cost savings. Major players include Blackboard, Canvas, and Moodle, providing features like customizable courses, mobile access, and integrations with other tools. Companies and educational institutions use LMS to enhance learning experiences, streamline processes, and improve overall productivity.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Corporate Learning Management System (LMS) market is expanding rapidly, driven by the increasing need for efficient employee training and development. Key drivers include the rise in remote work, advancements in AI, and the demand for scalable learning solutions. Major players include SAP, Cornerstone OnDemand, and TalentLMS. As organizations prioritize employee skill enhancement, the Corporate LMS market is poised for significant growth.

Research Analysis

The Academic and Corporate Learning Management System (LMS) market in the US is experiencing significant growth due to the increasing demand for flexible and efficient training solutions in both academic institutions and corporate settings. Software platforms are used to deliver training programs, educational content, examinations, and course materials to students and employees. The LMS market caters to the needs of various industries, including large-scale organizations, retail verticals, and HR departments. The market offers various segments such as solution segment, service segment, and cloud-based deployment segment. The distance learning segment and cloud segment are gaining popularity due to their convenience and cost-effectiveness. E-learning services provide multimedia-rich classes, training courses, and examinations, enabling teachers to deliver effective instruction to students and employees. USB drives are also used to distribute course materials and examinations. Enterprise resistance to adopting LMS solutions is a challenge, but the benefits of improved students’ progress, employee training, and e-learning content creation outweigh the costs.

Market Research Overview

The Academic and Corporate Learning Management System (LMS) market in the US is a dynamic and evolving industry that caters to the training needs of academic institutions and corporate settings. This market is driven by the increasing demand for software platforms that deliver training programs, educational content, examinations, and course materials to students and employees. The LMS market offers various features such as students’ progress tracking, teacher communication, multimedia-rich classes, online debates, homework, quizzes, gradebook management, student performance statistics, communication tools, instructional approaches, online courses, blended learning, and traditional classroom education. Incorporating cutting-edge technologies like virtual reality, augmented reality, artificial intelligence, and learning analytics, LMS providers offer immersive learning experiences, specialized skills development, workforce development programs, career development, job search, and digital learning solutions. These solutions are accessible through digital devices such as mobile phones, tablets, laptops, and desktops, making learning more flexible and convenient. The market is segmented into training courses, cloud segment, e-learning services, employee training, and enterprise resistance. The cloud-based deployment segment is gaining popularity due to its cost-effectiveness, flexibility, and scalability. The market also offers personalized learning experiences based on individual requirements, preferences, microlearning, and performance evaluations. Moreover, LMS providers offer integration with HRMS systems, compliance training modules, performance monitoring tools, and AI-driven features to enhance the learning experience and improve employee engagement. The e-learning industry is expected to continue growing, driven by the increasing adoption of cloud-based solutions and the need for continuous skill development in a rapidly changing business environment.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationContent ManagementStudent ManagementPerformance ManagementOthersEnd-userCorporatesHigher Education InstitutionsK-12 SchoolsGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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RSPO Launches New Guidance to Leverage Sustainable Palm Oil Certification for IFRS® Sustainability Disclosure Standards

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July 23, 2026

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KUALA LUMPUR, Malaysia, July 23, 2026 /PRNewswire/ — The Roundtable on Sustainable Palm Oil (RSPO) has released a guidance document, “Leveraging RSPO Principles and Criteria for IFRS® Sustainability Disclosure Standards”. This new resource supports certified sustainable palm oil producers to align their sustainability practices with the IFRS S1 and IFRS S2 disclosure standards that serve as the global framework for reporting sustainability-related financial information.

As more than 30 jurisdictions, representing around 60% of global GDP, move towards adoption of the IFRS Sustainability Disclosure Standards (IFRS SDS), companies are increasingly required to disclose how sustainability-related risks and opportunities affect their financial position and prospects.1

This resource provides a practical pathway for palm oil producers to respond to these requirements by leveraging their existing compliance with the RSPO Principles and Criteria (P&C), without duplicating efforts or creating parallel systems.

Informing investor-relevant disclosures: A four-step approach

Certification and the IFRS SDS serve different purposes. This guidance, developed with support from PwC Malaysia, provides a practical bridge between operational sustainability practices and financial disclosure expectations by helping members translate certification-related topics, metrics, and evidence to inform investor-relevant disclosures.

It sets out a four-step approach to IFRS SDS-aligned reporting, guiding RSPO Members on applicability, reporting boundaries, identification of sustainability-related risks and opportunities, and links to financial performance. It also includes seven practical examples, illustrating how the RSPO P&C requirements and implementation evidence can inform disclosures across key sustainability topics, from ethical conduct and legal compliance to environmental protection and worker health and safety.

Beyond growers, the guidance document also supports financial institutions by helping banks, insurers, and investors understand how palm oil sustainability issues, such as labour disputes and traceability gaps, can translate into financial risks, impacts, and opportunities, enabling clearer risk profiling and more informed financing decisions.

Joseph D’ Cruz, RSPO Chief Executive Officer, said: “As sustainability reporting becomes an integral pillar of financial performance, this guidance bridges certification and disclosure, providing RSPO members with a practical framework to demonstrate sustainability performance in ways that resonate with global capital markets. In line with the growing importance of sustainability disclosures in financing and investment decision-making processes, this guidance illustrates how RSPO Principles and Criteria practices can complement an organisation’s strategy and risk assessment processes.”

Andrew Chan, Partner, Sustainability Leader at PwC Malaysia, said: “This guidance responds to the broader shift towards measuring sustainability through a financial lens, with the adoption of the IFRS Sustainability Disclosure Standards (IFRS S1 and IFRS S2). For RSPO growers, this creates an opportunity to demonstrate how sustainability practices contribute to business resilience as well as value creation — building investor confidence for the long term.”

Importantly, the guidance also reflects RSPO’s longer term interest in progressively strengthening linkages with sustainability disclosure frameworks. As disclosure expectations continue to evolve, RSPO intends to further explore how certification-related data metrics and assurance processes can support broader and more integrated sustainability disclosures in the future.

The Guidance Document can be downloaded here.

For more information, visit www.rspo.org 

About RSPO:
The Roundtable on Sustainable Palm Oil (RSPO) is a global partnership to make palm oil sustainable. Formed in 2004, the RSPO is a multi-stakeholder non-profit organisation that unites members from across the palm oil value chain, including oil palm producers, palm oil processors and traders, consumer goods manufacturers, retailers, banks and investors, environmental or nature conservation non-governmental organisations (NGOs), and social or developmental NGOs.

As a partnership for progress and positive impact, the RSPO facilitates global change to make the production and consumption of palm oil sustainable. To inspire change, we communicate the environmental and social benefits. To make progress, we catalyse collaboration. To provide assurance, we set the standards of certification.

The RSPO is registered as an international association in Zurich, Switzerland, with main offices in Malaysia and Indonesia, and offices in China, Colombia, Netherlands, United Kingdom and the United States. 

About PwC:
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at www.pwc.com

1

IFRS Foundation, ISSB Podcast February 2025

 

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SOURCE Roundtable On Sustainable Palm Oil

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Nordic Capital announces agreement to sell ArisGlobal to Dassault Systèmes, following its transformation into a scaled and AI-enabled life sciences platform

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July 23, 2026

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WALTHAM, Mass., 23 July 2026 /PRNewswire/ — Nordic Capital today announced that it has entered into a definitive agreement to sell ArisGlobal, a leading provider of software to the life sciences industry, to Dassault Systèmes (Euronext Paris: FR0014003TT8) (Paris: DSY.PA). The transaction represents a full exit for Nordic Capital and marks the successful culmination of a partnership that has transformed ArisGlobal into a scaled, cloud-native and AI-enabled platform serving more than 200 life sciences companies, CROs and government health authorities worldwide.

Founded in 1989 and headquartered in Waltham, Massachusetts, ArisGlobal develops and delivers regulatory, safety, and quality software to a global client base that includes many of the world’s largest pharmaceutical and biotech organisations, as well as regulatory authorities. Its flagship LifeSphere® platform is a fully integrated, cloud-native suite that enables life sciences organisations to manage complex regulatory submissions, pharmacovigilance workflows and clinical data on a single platform, improving compliance, speed and operational efficiency. The platform also embeds advanced AI-enabled automation across core pharmacovigilance workflows, reducing manual processing and accelerating safety case management.

“Nordic Capital invested in ArisGlobal because the business had strong fundamentals, a loyal blue-chip client base and significant potential to modernise its technology and scale its commercial reach. Working closely with Aman and his team, Nordic Capital has supported the company’s transformation into a leading cloud-native platform for the life sciences industry with differentiated AI-enabled capabilities and a strengthened market position. Nordic Capital is proud of what has been achieved together with management and looks forward to seeing the company continue to grow under Dassault Systèmes ownership,” said Daniel Berglund, Partner and Head of Healthcare, Nordic Capital Advisors.

Nordic Capital first invested in ArisGlobal in 2019, partnering with the founding family and management team to pursue an ambitious development strategy. In 2021, Nordic Capital made a further investment in the company, reflecting its conviction in ArisGlobal’s growth potential and the progress achieved since the original partnership began. Throughout the ownership period, Nordic Capital worked closely with management to accelerate the SaaS transition, professionalise the go-to-market organisation, broaden the product offering and strengthen the leadership team.

The migration to a modern, cloud-native architecture created the foundation for ArisGlobal to become an early leader in the application of AI to drug safety. A key milestone was the development and launch of NavaX, ArisGlobal’s generative AI solution for safety case processing, which automates and accelerates core pharmacovigilance workflows and has been adopted by a number of the world’s leading pharmaceutical companies. NavaX has further differentiated ArisGlobal’s offering and marked an important step in the Company’s evolution into a broader, AI-enabled safety and regulatory software platform.

“The life sciences industry is at an inflection point as regulatory complexity is increasing, data volumes are growing and our clients need software that can keep pace. The partnership with Nordic Capital gave us the resources and the runway to build exactly that. NavaX and our expanded platform are the result of that ambition, and I am confident we are well placed for what comes next,” said Aman Wasan, CEO, ArisGlobal.

Alongside its technology transformation, ArisGlobal strengthened its management team and commercial organisation, while two strategic acquisitions broadened the Company’s platform capabilities. Today, ArisGlobal serves more than 200 enterprise customers, including half of the world’s top 50 biopharma companies, processes more than 12 million safety cases annually and is expected to generate approximately USD 175 million in revenue in 2026. As rising regulatory complexity and increasing volumes of adverse event reporting continue to drive demand for advanced life sciences software, ArisGlobal is well positioned for future growth through solutions that automate compliance workflows, reduce manual processing and enable organisations to manage regulatory risk more effectively.

The transaction brings together ArisGlobal’s leadership in AI-enabled safety and regulatory software with Dassault Systèmes’ capabilities across research, clinical development and manufacturing. Nordic Capital believes the combination represents a highly compelling strategic fit, pairing complementary capabilities to create a broader, end-to-end offering across the life sciences value chain. ArisGlobal will also benefit from Dassault Systèmes’ global scale, customer reach and investment capacity, providing a strong platform for its next phase of innovation and growth.

The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2026.

Evercore and Jefferies LLC acted as financial advisors to ArisGlobal and Kirkland & Ellis acted as legal advisor to ArisGlobal.

Media contacts:

Nordic Capital
Katarina Janerud
Communications Manager, Nordic Capital Advisors
+46 8 440 50 50
katarina.janerud@nordiccapital.com

ArisGlobal
Morgan Scott
Vice President, Marketing & Communications and Chief of Staff
mscott@arisglobal.com

About ArisGlobal

ArisGlobal is a leading provider of software to the life sciences industry. Its LifeSphere® platform delivers integrated regulatory, safety, and quality solutions to more than 200 life sciences companies, CROs and government health authorities worldwide. Founded in 1989 and headquartered in Waltham, Massachusetts, ArisGlobal combines deep domain expertise with advanced technology to help clients improve compliance, accelerate development cycles and manage regulatory complexity at global scale. For more information, visit www.arisglobal.com.

About Nordic Capital

Nordic Capital is a leading international private equity investor and subsector specialist dedicated to building stronger, more resilient businesses through transformative, long-term growth in partnership with management teams. With over 35 years of experience, Nordic Capital currently manages approximately EUR 39 billion in assets, investing in middle-market companies across Northern Europe and North America. Rooted in its Nordic heritage and values, it combines global reach with local presence through dedicated sector investment advisory teams, bringing deep expertise across its core sectors: Healthcare, Technology & Payments, Financial Services, and Services & Industrial Tech. Through active ownership, strong operational capabilities, a global network of experts and technology-enabled transformation, Nordic Capital helps companies scale, innovate and become sustainable leaders. For more information, visit www.nordiccapital.com or connect on LinkedIn.

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”.

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Cognizant and Gulf Edge Announce Strategic Partnership to Accelerate Enterprise AI Adoption in Southeast Asia

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July 23, 2026

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Partnership combines Cognizant’s global AI engineering capabilities with Gulf Edge’s sovereign digital infrastructure to capture the region’s growing demand for secure, scalable AI solutions.

BANGKOK, July 23, 2026 /PRNewswire/ — Cognizant (Nasdaq: CTSH), a leading AI builder and global technology services provider, and Gulf Edge Company Limited, the digital infrastructure arm of Thai energy and infrastructure conglomerate Gulf Development Public Company Limited (GULF) or Gulf Group, today announced a landmark strategic partnership. The alliance is designed to accelerate enterprise AI adoption and establish a resilient, AI-native digital economy in Thailand and the broader region.

As artificial intelligence (AI) rapidly reshapes industries, economies, and societies worldwide, the partnership aims to establish the foundational ecosystem needed to enable Thailand’s next phase of digital transformation. By combining trusted sovereign digital infrastructure with world-class AI engineering and enterprise transformation capabilities, Gulf Edge and Cognizant will help organizations deploy AI securely, responsibly, and at scale.

The collaboration brings together Gulf Edge’s leadership in digital infrastructure, energy, cloud, and strategic relationships across Thailand’s most important industries with Cognizant’s global expertise in AI, digital engineering, cloud modernization, data, and intelligent operations. Together, the two companies will deliver end-to-end AI capabilities spanning infrastructure, AI platforms, enterprise solutions, systems integration, and managed services.

The partnership will initially focus on accelerating AI adoption across key sectors including banking and financial services, energy and utilities, healthcare, telecommunications, manufacturing, and the public sector. Through industry-specific AI solutions, organizations will be able to improve operational efficiency, enhance customer experience, strengthen decision-making, automate complex business processes, and unlock new opportunities for innovation and growth.

Beyond enterprise transformation, Gulf Edge and Cognizant share a broader ambition of strengthening Thailand’s position as a regional AI hub. The partnership is expected to attract global technology expertise, stimulate investment in advanced digital capabilities, and create high-value employment opportunities across AI engineering, data science, cloud infrastructure, cybersecurity, and digital transformation. The two companies also plan to collaborate with universities, research institutions, technology partners, and public-sector organizations to develop AI talent, promote responsible AI adoption, and foster a sustainable innovation ecosystem for the country.

Mr. Sarath Ratanavadi, Chief Executive Officer, Gulf Development Public Company Limited, said, “Our partnership with Cognizant marks an important milestone in our vision of helping Thailand become an AI-native economy. By combining Gulf Edge’s strengths in digital infrastructure, energy, cloud, and deep understanding of the Thai market with Cognizant’s global expertise in enterprise AI, digital engineering, and transformation services, we are creating a comprehensive platform that enables organizations to adopt AI with confidence and generate measurable business outcomes. Together, we will develop secure, resilient, and future-ready sovereign digital infrastructure while delivering industry-specific AI solutions tailored to the needs of Thai enterprises and public institutions. We believe AI has the potential to transform every sector, creating new opportunities for productivity, innovation, and sustainable economic growth.”

Mr. Ganesh Ayyar, President of Asia Pacific & Japan (APJ), Cognizant, said, “As Thailand works toward its ambition of becoming an AI-native economy, we see this partnership as a meaningful way to help contribute to that vision, not just through the projects we deliver, but by building lasting AI and technology capability inside the country. With Gulf Edge’s market reach and Cognizant’s AI Builder strategy and global delivery capability, we are positioned to deliver transformative outcomes for Thai enterprises across every major sector.”

About Gulf Edge
Gulf Edge Company Limited is the digital infrastructure arm of Gulf Development Public Company Limited, Thailand’s leading energy and infrastructure conglomerate. Gulf Edge is building a robust digital ecosystem, spanning data centers, cloud services, satellite technology, and AI infrastructure, to accelerate Thailand’s digital transformation and position the country as a regional hub for the AI economy.

About Cognizant
Cognizant (NASDAQ: CTSH) is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for clients. Its deep industry, process, and engineering expertise enables it to build an organization’s unique context into technology systems that amplify human potential, realize tangible returns, and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.

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SOURCE Gulf Development Public Company Limited (GULF)

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