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Brief Introduction of Cognizant: Basic Intro

Cognizant is a large American multinational IT services company headquartered in New Jersey. It has over 280,000 employees globally, with over 150,000 in India across 10 locations. Cognizant provides a wide range of IT services including consulting, digital, cloud, and outsourcing services. It focuses on several key industries such as financial, healthcare, retail, and communications. Cognizant is organized into both industry verticals and technology horizontals to serve clients. It has received several awards and recognition for its work in digital transformation, sustainability, and as an employer.

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2K views2 pages

Brief Introduction of Cognizant: Basic Intro

Cognizant is a large American multinational IT services company headquartered in New Jersey. It has over 280,000 employees globally, with over 150,000 in India across 10 locations. Cognizant provides a wide range of IT services including consulting, digital, cloud, and outsourcing services. It focuses on several key industries such as financial, healthcare, retail, and communications. Cognizant is organized into both industry verticals and technology horizontals to serve clients. It has received several awards and recognition for its work in digital transformation, sustainability, and as an employer.

Uploaded by

Shashank Sahu
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Brief Introduction of Cognizant 

Basic Intro 

Cognizant  is  an  American  multinational  corporation  that  provides  IT  services,  including 
digital,  technology,  consulting,  and  operations  services.  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.  It  was  founded  on  26th  January  1994  (25  years  ago) by 
Kumar Mahadeva. 

The  company  has  288,200  employees globally, of which over 150,000 are in India across 


10  locations  with  a  plurality  in  Chennai.  The  other  centers  of  the  company  are  in 
Bangalore,  Coimbatore,  Gurgaon,  Noida,  Hyderabad,  Kochi,  Kolkata,  Mangalore, 
Mumbai,  and  Pune.  The  company  has  local,  regional,  and  global  delivery  centers  in  the 
UK,  Hungary,  The  Netherlands,  Spain,  China,  the  Philippines,  Canada,  Brazil,  Argentina, 
Mexico etc. 

Services provided 

Cognizant  provides  information  technology,  information  security,  consulting,  ITO  and 


BPO  services.  These  include  business  &  technology  consulting,  systems  integration, 
application  development  &  maintenance,  IT  infrastructure  services,  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  key  practice  areas  that  span its business — Digital Business, Digital 


Operations, and Digital Systems & Technology.  

Following is the list of sectors that cognizant work in: 

1. Healthcare & Life Sciences 


2. Insurance 
3. Banking & Financial services 
4. Manufacturing, Logistics, Energy and utilities 
5. Retail, travel and Hospitality 
6. Information, media and entertainment 
7. Technology 
8. Communications 

 
Business Unit 

Cognizant  is  organized  into  several  verticals  and  horizontal  units.  The  vertical  units 
focus  on  specific  industries  such  as  Banking & Financial Services, Insurance, Healthcare, 
Manufacturing  and  Retail.  The  horizontals  focus  on  specific  technologies  or  process 
areas  such  as  Analytics,  mobile  computing,  BPO  and  Testing.  Both  horizontal  and 
vertical  units  have  business  consultants,  who  together  form  the  organization-wide 
Cognizant  Consulting  team.  Cognizant  is  among  the  largest  recruiters  of  MBAs  in  the 
industry;  they  are  involved  in  business  development  and  business  analysis  for  IT 
services projects. 

According  to  the  2015  financial  statements,  the  major  portion  of  Cognizant's  revenues 
are  derived  from  clients  in  the  Financial  Services  (40.3%)  and  Healthcare  (29.5%) 
industries.  Other  substantial  revenue sources include clients from Manufacturing, Retail 
&  Logistics  (18.9%)  and  Communications,  Information,  Media  &  Entertainment  and 
Technology  (11.3%) industries. By geography, most of the revenue is derived from North 
America (78.6%) and Europe (16.2%). 

Technology working on / providing digital solution 

Apart  from  some  of  the  basic  technologies,  cognizant  works  on  some  advance 
technology also: 

● Artificial Intelligence 
● Softvision | Digital Engineering 
● Cloud Enablement 
● Security 
● Core Modernization 

Awards / Recognition 
1. Ranked 87 in Forbes Top 100 digital companies (Sept. 2018) 
2. Ranked 74 in Forbes best employers for women (July 2018) 
3. Ranked 573 in Forbes global 2000 (June 2018) 
4. Ranked 195 on the Fortune 500 (May 2018) 
5. Named among World’s Most Admired Companies by Fortune (Jan 2019) 
6. Ranked 16 in Barron’s 100 Most Sustainable Companies (Feb 2018) 
7. Named a Top 100 Global Tech Leader by Reuters (Jan 2018) 

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