Cognizant
Cognizant Technology Solutions Corporation is an American multinational information technology services and consulting company. It is headquartered in Teaneck, New Jersey, U.S. 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,[6] and started serving external clients in 1996.[6]
"CTSH" redirects here. For the human gene CTSH, see Cathepsin H.Company type
- Nasdaq: CTSH (Class A)
- NASDAQ-100 component
- S&P 500 component
26 January 1994 in Chennai, Tamil Nadu, India[1]
Worldwide
Ravi Kumar Singisetti (CEO)
US$19.42 billion (2022)[4]
US$3.01 billion (2022)[4]
US$2.29 billion (2022)[4]
US$17.85 billion (2022)[4]
US$12.30 billion (2022)[4]
355,300 (Q42022)[5]
After a series of corporate reorganizations, there was an initial public offering in 1998.[7]
Ravi Kumar Singisetti has been the CEO of the company since January 2023, replacing Brian Humphries.[8]
Operations[edit]
Regions[edit]
The company has 318,400[109] employees globally, of which over 200,000 are in India across 10 locations with a plurality in Chennai.[110] On 20 Jan, 1994, Cognizant registered its branch in Chennai, Tamil Nadu, India with the legal name Cognizant Technology Solutions India Private Limited. The other centers of the company are in Bangalore, Chennai, Coimbatore, Gurgaon, Noida, Hyderabad, Kochi, Kolkata,[111] Mangalore, Mumbai and Pune. The company has local, regional, and global delivery centers in the UK, Australia, Hungary, Netherlands, Spain, China, Philippines, Canada, Brazil, Argentina, Mexico etc.[112] [113]
Business units[edit]
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 horizontal units focus on specific technologies or process areas such as Analytics, mobile computing, BPO and Testing. Both horizontal and vertical units have business consultants, who form the organization-wide Cognizant Consulting team together. Cognizant is among the largest recruiters of MBAs in the industry; they are involved in business development and business analysis for IT services projects.
Sponsorships[edit]
Over the year 2021, Cognizant signed multiple sponsorship agreements with sports, sailing and racing teams.
In January 2021, the newly rebranded Aston Martin Formula One team announced Cognizant as their title sponsor for the 2021 Formula One World Championship and beyond.[135][136] In February 2021, Cognizant signed a sponsorship deal with the PGA TOUR and LPGA Tour to become a Global Partner of the Presidents Cup and a title partner of the LPGA Tour’s Founders Cup.[137]
Later in the same year, in April, Cognizant signed an agreement to be SailGP's digital transformation partner.[138] In June, Cognizant also became the Presenting Partner of THE JOHN SHIPPEN Shoot-Out Inaugural Golf Event.[139]
