Cognizant

Cognizant Technology Solutions Corporation
Company type	Public
Traded as	NYSE: [Script error: No such module "Stock tickers/NYSE". CTSH]
Industry	Information technology, Consulting
Founded	January 26, 1994
Founder	Kumar Mahadeva
Area served	Worldwide
Key people	Brian Humphries (CEO)
Revenue	$16.65 billion (2020)
Operating income	$2.32 billion (2020)
Net income	$1.39 billion (2020)
Total assets	$17.52 billion (2020)
Total equity	$11.92 billion (2020)
Number of employees	318,400 (2020)
Website	www.cognizant.com

Cognizant Technology Solutions Corporation is an American multinational information technology services and consulting company. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH.

History[edit | edit source]

Cognizant was founded as an in-house technology unit of Dun & Bradstreet in 1994, and started serving external clients in 1996. It made an initial public offering in 1998. During the dot-com bust, it grew by accepting the application maintenance work that the bigger players were unwilling to perform. Gradually, it ventured into application development, complex systems integration, and consulting work.

Services[edit | edit source]

Cognizant provides a wide range of services, including digital technology, operations services, and consulting. The company is known for its expertise in artificial intelligence, cloud computing, digital engineering, Internet of Things, and blockchain technology.

Operations[edit | edit source]

Cognizant operates in various regions, including North America, Europe, and Asia. The company has a significant presence in India, where a large portion of its workforce is based. It has delivery centers in major cities such as Chennai, Bangalore, Hyderabad, and Pune.

Key People[edit | edit source]

The current CEO of Cognizant is Brian Humphries, who took over the role in April 2019. The company was originally founded by Kumar Mahadeva.

Acquisitions[edit | edit source]

Cognizant has made several strategic acquisitions to enhance its service offerings and expand its market reach. Some notable acquisitions include Trizetto, a healthcare IT services provider, and Softvision, a digital engineering firm.

Corporate Social Responsibility[edit | edit source]

Cognizant is involved in various corporate social responsibility initiatives. The company runs the Cognizant Foundation, which focuses on improving education and healthcare for underprivileged communities.

Awards and Recognition[edit | edit source]

Cognizant has been recognized in various industry rankings and awards. It has been listed in the Fortune 500 and has received accolades for its workplace culture and corporate governance.

References[edit | edit source]

External links[edit | edit source]

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