Cognizant Technology Solutions

Cognizant Technology Solutions Corporation
legal form	Corporation
ISIN	US1924461023
founding	1994
Seat	Teaneck , New Jersey ,
management	Brian Humphries (CEO)
Number of employees	292,500
sales	16.8 billion US dollars (2019)
Branch	IT services
Website	www.cognizant.com
As of December 31, 2019

Cognizant Technology Solutions is an American IT service provider headquartered in Teaneck , New Jersey . The most important location, however, is Chennai in India, where the majority of the approximately 290,000 employees work. In addition to other Indian production sites, the group also has a “Global Delivery Center” in Shanghai . Cognizant provides IT consulting and technology as well as outsourcing services through a global delivery model. Cognizant is listed on the NASDAQ and is one of the 100 companies with the highest market capitalization, the NASDAQ-100 .

history

Cognizant was founded in 1994 as a development division of Dun & Bradstreet (D&B) under the name Dun & Bradstreet Satyam Software . The company was originally a joint venture between Dun & Bradstreet (76%) and Satyam Computer Services Ltd. (24%), but soon became a 100 percent subsidiary of D&B.

As part of a restructuring of D&B, the group was split into three listed subgroups in 1996. The market research company IMS , Nielsen Media Research , the IT consultancy Gartner Group and the market researchers from Dataquest as well as Pilot Software and Erisco under the umbrella of Cognizant Corp. summarized.

In 1998, Cognizant was split again and Cognizant Technology Solutions was created as a division of IMS Health . In the same year, Cognizant Technology Solutions went public (NASDAQ: CTSH).

In November 2002, IMS sold its majority stake in Cognizant Technology Solutions.

On March 5, 2008, Cognizant Technology Solutions and T-Systems announced the establishment of a joint global service alliance for system integration.

Business areas

The business is mainly focused on the following five vertically organized areas:

• Banking & Financial Services
• Healthcare & Life Sciences
• Insurance
• Manufacturing & Logistics
• Retail
• Information, media & entertainment
• Technology
• Communications

Competitor

The main competitors are Infosys and other IT service providers such as IBM , HP , Accenture , Tech Mahindra , Atos IT Solutions and Services , CGI , Wipro and Tata Consultancy Services .

Web links

Commons : Cognizant Technology Solutions  - collection of images, videos and audio files

• Official company website
• Cognizant Germany

Individual evidence

1. ↑ ^{a b} 2019 Annual results . Cognizant.
2. ↑ Computerwoche March 1996  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.  
3. ^ Press release T-Systems from March 5, 2008