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Structural Health Monitoring Market to grow by USD 2.62 Billion from 2024-2028, driven by infrastructure safety needs and AI’s impact on market trends – Technavio

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NEW YORK, Dec. 5, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global structural health monitoring market size is estimated to grow by USD 2.62 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 15.8% during the forecast period. Increasing need for infrastructure maintenance and safety is driving market growth, with a trend towards advent of iot in structural health monitoring. However, rise in budgetary constraints poses a challenge. Key market players include Campbell Scientific Inc., CGG SA, COWI Holding AS, Digitexx Systems Ltd., Geosense Ltd., Hottinger Bruel and Kjaer GmbH, James Fisher and Sons Plc, Kinemetrics Inc., LiveHooah Technologies Pvt. Ltd., MachineSense LLC, Mistras Group Inc., National Instruments Corp., Nova Ventures Group Corp., Ramboll Group AS, RST Instruments Ltd., Sisgeo S.r.l., STRUCTURAL MONITORING SYSTEMS plc, Vinci, Xylem Inc., and Yokogawa Electric Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Component (Hardware, Software, and Services), Connectivity (Wired and Wireless), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

North America, Europe, Asia, and Rest of World (ROW)

Key companies profiled

Campbell Scientific Inc., CGG SA, COWI Holding AS, Digitexx Systems Ltd., Geosense Ltd., Hottinger Bruel and Kjaer GmbH, James Fisher and Sons Plc, Kinemetrics Inc., LiveHooah Technologies Pvt. Ltd., MachineSense LLC, Mistras Group Inc., National Instruments Corp., Nova Ventures Group Corp., Ramboll Group AS, RST Instruments Ltd., Sisgeo S.r.l., STRUCTURAL MONITORING SYSTEMS plc, Vinci, Xylem Inc., and Yokogawa Electric Corp.

Key Market Trends Fueling Growth

The Structural Health Monitoring (SHM) market is experiencing significant growth, particularly in the infrastructure sector. SHM systems are becoming increasingly important for ensuring public safety and the sustainability of structures such as bridges, dams, buildings, and airframes. Civil engineers and construction companies are adopting SHM systems to monitor the condition of large machines, turbines, and other critical infrastructure. SHM systems use sensors, data acquisition, and analyzing tools to measure structural performance and assess damage in real-time. These systems are also being integrated into smart cities and are essential for predicting natural calamities and preventing economic and social complications. The SHM market includes players in various segments such as infrastructure development, aerospace, mining, energy, and defense. The need for SHM systems is driven by safety regulations, the aging of infrastructure, and the need for productivity growth. Some of the key trends in the SHM market include the use of wireless sensors, predictive solutions, and energy harvesting systems. Cost-effective constructions and the integration of distributed optic fibers are also gaining popularity. Despite the advantages of SHM systems, there are limitations, such as costs and the need for maintenance. However, the benefits of prior warnings and avoiding loss of lives and economic complications far outweigh the costs. In Europe and France, SHM systems are becoming essential for infrastructure projects, and the market is expected to grow significantly in the coming years. The dominance of the SHM industry is also being felt in Latin America, the Middle East, and other nations. Geokon, Acellent Technologies, and Sixense are some of the key players in the SHM systems market, offering hardware, software, and integration services. The market is expected to continue growing as more infrastructure projects are undertaken and the need for reliable and predictive solutions becomes increasingly important. 

The structural health monitoring market has experienced significant growth due to the integration of IoT and Industry 4.0 technologies. IoT networks, consisting of sensors, thermostats, and actuators, enable smart facilities management by collecting and evaluating data. This data leads to energy savings through predictive maintenance and lower operational costs. IoT also ensures timely maintenance, enhancing productivity and equipment longevity. Overall, these technological innovations have made structural health monitoring more efficient and cost-effective. 

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Market Challenges

The Structural Health Monitoring (SHM) market is witnessing significant growth in various sectors including infrastructure, aerospace, mining, and energy. The need for SHM systems is crucial for ensuring safety and sustainability of structures such as bridges, dams, buildings, and stadiums. However, challenges exist in standardizing SHM systems, cost-effectiveness, and integration with existing infrastructure. Civil engineers and construction companies are increasingly focusing on SHM systems for condition assessment and predictive maintenance of large machines, airframes, wind turbines, and turbines. The adoption of SHM systems is driven by the need for prior warnings during natural calamities and the impact of economic and social complications due to infrastructure failures. The SHM systems market includes sensors, data acquisition, transmission systems, analyzing tools, measuring amplifiers, software, and smart cities applications. The market is segmented into infrastructure projects, aerospace, mining, energy, and others. Governments and private players are investing in SHM technologies for safety regulations and productivity growth. The market is witnessing advancements in wireless real-time measurement, damage assessment, and predictive solutions. However, limitations include the high costs associated with SHM systems and the lack of standardization. The SHM market is expected to grow in Europe, France, Latin America, the Middle East, Mexico, South Africa, and other nations. Key players in the market include Accelent Technologies, Geokon, Sixense, and Geocomp Corporation. The market offers opportunities for sensor technology integration, power plant testing, and repair solutions.Small businesses in growing economies often face budget constraints, limiting their ability to invest in structural health monitoring services from reputable companies. This can lead to the procurement of subpar services, which in turn increases maintenance and operational costs and negatively impacts a company’s profitability. Additionally, rising labor costs pose another challenge to the structural health monitoring market’s growth during the forecast period. These factors can make it difficult for small organizations to effectively monitor and maintain the structural health of their assets, potentially leading to costly repairs or replacements in the future.

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Segment Overview

This structural health monitoring market report extensively covers market segmentation by

Component1.1 Hardware1.2 Software1.3 ServicesConnectivity2.1 Wired2.2 WirelessGeography3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Hardware- The structural health monitoring market comprises various sectors, including hardware. Hardware in this context refers to the physical components and devices used to assess the structural health of infrastructure, buildings, bridges, dams, and civil engineering structures. This hardware segment is vital as it gathers data, measures various parameters, transmits signals, and processes information for monitoring purposes. Three significant hardware categories exist within the global structural health monitoring market: sensors, data acquisition systems (DAQ), and communication devices. Sensors are fundamental, capturing data on structural behavior such as strain, vibration, displacement, temperature, and humidity. Common sensors include accelerometers, strain gauges, temperature sensors, displacement transducers, and inclinometers. Data acquisition systems (DAQ) are responsible for collecting, digitizing, and processing data from sensors. They convert analog signals into digital data for further analysis. DAQ systems typically consist of analog-to-digital converters, signal conditioning modules, data loggers, and communication interfaces. Communication devices enable data transmission from the structural health monitoring system to a central monitoring station or cloud-based platform. These devices may utilize wired connections like Ethernet or fiber optic cables or wireless technologies such as Wi-Fi, Bluetooth, cellular networks, or satellite communication systems. In summary, the hardware segment of the global structural health monitoring market encompasses a broad array of components, technologies, and devices that collaborate to facilitate the monitoring, analysis, and maintenance of critical structures. Advancements in sensor technology, data processing capabilities, and communication systems have significantly boosted the effectiveness and growth of structural health monitoring solutions, driving the expansion of the hardware segment in the forecast period.

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Research Analysis

The Structural Health Monitoring (SHM) market encompasses sensors, monitoring systems, and technologies used to assess the condition and performance of infrastructure, including bridges, dams, buildings, stadiums, and large machines such as airframes and turbines. SHM focuses on ensuring the safety, reliability, and predictive maintenance of these structures by providing real-time measurement and damage assessment capabilities. Wireless sensors play a significant role in SHM systems, enabling cost-effective and efficient implementation in various segments, including energy infrastructure and smart cities. Advancements in SHM technologies have led to increased adoption and implementation, with a focus on preventing failures and ensuring public safety. Civil engineers and other stakeholders rely on SHM systems to optimize maintenance costs, enhance infrastructure investments, and improve overall performance and safety. Natural calamities have further the need for SHM systems to assess damage and facilitate quick response and recovery efforts.

Market Research Overview

The Structural Health Monitoring (SHM) market is witnessing significant growth in various sectors including infrastructure, aerospace, mining, defense, and energy. SHM systems are essential for ensuring the safety and sustainability of structures such as bridges, dams, buildings, stadiums, airframes, wind turbines, and large machines. These systems use sensors, data acquisition, transmission systems, analyzing tools, measuring amplifiers, software, and other hardware to monitor the health condition of structures in real-time. SHM systems play a crucial role in public safety, especially in the context of natural calamities and aging infrastructure. The need for SHM systems is increasingly recognized by governments, sports organizations, and industries worldwide. The market is driven by the need for predictive solutions to assess damage and improve reliability, productivity growth, and cost-effective constructions. SHM systems are also being integrated into smart cities and urbanization projects to ensure the safety and integrity of structures. The market is expected to grow significantly in the coming years due to advancements in sensor technology, wireless communication, and energy harvesting systems. However, there are also limitations to the adoption and implementation of SHM systems, including costs and the need for specialized inspection staff. The SHM market is segmented into various applications, including infrastructure projects, buildings and stadiums, vessels and platforms, airframes and wind turbines, large machines and equipments, and power plants. The market is dominated by players such as Geokon, Geocomp Corporation, and Acellent Technologies, among others. The market is expected to grow significantly in regions such as Europe, Asia Pacific, Latin America, Middle East, and Brazil.

Table of Contents:

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

ComponentHardwareSoftwareServicesConnectivityWiredWirelessGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

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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SOURCE Technavio

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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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