Cognizant is an American multinational product led digital corporation that provides digital products, digital IT services, including digital, technology, consulting, and operations services. It sells digital products on cloud-based data engineering, model-based testing tool, process automation tool RPA. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded as an in-house technology unit of Dun & Bradstreet in 1994 and started serving external clients in 1996.
Cognizant provides information technology, information security, consulting, ITO and BPO services. These include business & technology consulting, systems integration, application development & maintenance, IT infrastructure services, Artificial Intelligence, Digital Engineering, analytics, business intelligence, data warehousing, customer relationship management, supply chain management, engineering & manufacturing solutions, enterprise resource planning, research and development outsourcing, and testing solutions.
Cognizant has three areas which makes up their business — Digital Business, Digital Operations, and Digital Systems & Technology
After a series of corporate re-organizations there was an initial public offering in 1998.
Cognizant had a period of fast growth during the 2000s and become a Fortune 500 company in 2011: as of 2020 it is at position 194.
Like many other IT services firms, Cognizant follows a global delivery model based on offshore software R&D and offshore outsourcing. The company has several offshore development centers outside the United States and near-shore centers in the U.S., Europe, and South America.
In its early years, Cognizant gained business from several American and European companies with the help of the Dun & Bradstreet brand. The company’s senior executives envisaged the firm as a provider of high-end customer services on-par with the six contemporary major system integrators (Accenture, BearingPoint, Capgemini, E&Y, Deloitte, and IBM), but at lower prices.
We continuously seek the “best and the brightest” when we recruit new employees, and we’re consistently an “employer of choice” at leading engineering and business schools around the world. Our domain industry specialists have well-established backgrounds working with companies in the industries we serve. Our teams and their talent are a principle reason that we consistently outperform the competition.
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