From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Cognizant Technology Solutions Corporation
Traded as
IndustryIT services, IT consulting
PredecessorDun & Bradstreet
FoundedJanuary 26, 1994; 25 years ago (1994-01-26)
FoundersKumar Mahadeva[1]
Area served
Key people
Brian Humphries (CEO)
RevenueIncrease US$16.12 billion (2018)[2]
Increase US$2.80 billion (2018)[2]
Increase US$2.10 billion (2018)[2]
Total assetsIncrease US$15.91 billion (2018)[2]
Total equityIncrease US$11.42 billion (2018)[2]
Number of employees
285,800 (2019 Q1)

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,[3] and started serving external clients in 1996.[3]

After a series of corporate reorganizations there was an initial public offering in 1998.[4] Following the Y2K and dot-com boom of the late 1990s, when companies sharpened their focus on hard business parameters such as revenues and profits, the company grew by delivering critical application development and maintenance services.

Cognizant had a period of fast growth during the 2000s, becoming a Fortune 500 company in 2011.[5] In 2015, the Fortune magazine named it as the world's fourth most admired IT services company.[6] In 2017, Cognizant was named in Fortune's Future 50 list.[7]


Cognizant began as Dun & Bradstreet Satyam Software (DBSS), [8][dead link][9] established as Dun & Bradstreet's in-house technology unit focused on implementing large-scale IT projects for Dun & Bradstreet businesses. In 1996, the company started pursuing customers beyond Dun & Bradstreet.[10]

In 1996, Dun & Bradstreet spun off several of its subsidiaries including Erisco, IMS International, Nielsen Media Research, Pilot Software, Strategic Technologies and DBSS, to form a new company called Cognizant Corporation. Three months later, in 1997, DBSS renamed itself to Cognizant Technology Solutions. In July 1997, Dun & Bradstreet bought Satyam's 24% stake in DBSS for $3.4 million.[11][12] Headquarters were moved to the United States, and in March 1998, Kumar Mahadeva was named CEO.[13] Operating as a division of the Cognizant Corporation, the company focused on Y2K-related projects and web development.[14]

In 1998, the parent company, Cognizant Corporation, split into two companies: IMS Health and Nielsen Media Research.[15] After this restructuring, Cognizant Technology Solutions became a public subsidiary of IMS Health. In June 1998, IMS Health partially spun off the company, conducting an initial public offering of the Cognizant stock. The company raised $34 million, less than what the IMS Health underwriters had hoped. They earmarked the money for debt payments and upgrading company offices.[14]

Kumar Mahadeva decided to reduce the company's dependence on Y2K projects: by Q1 1999, 26% of company's revenues came from Y2K projects, compared with 49% in early 1998. Believing that the $16.6 billion enterprise resource planning software market was saturated, Kumar Mahadeva decided to refrain from large-scale ERP implementation projects. Instead, he focused on applications management, which accounted for 37% of Cognizant's revenue in Q1 1999.[10] Cognizant's revenues in 2002 were $229 million, and the company had zero debt with $100 million in the bank.[14] During the dotcom bust, the company grew by taking on the maintenance projects that larger IT services companies did not want.[16]

Cognizant's old logo
Cognizant's old logo

In 2003, IMS Health sold its entire 56% stake in Cognizant, which instituted a poison pill provision to prevent hostile takeover attempts.[14][17] Kumar Mahadeva resigned as the CEO in 2003, and was replaced by Lakshmi Narayanan.[18] Gradually, the company's services portfolio expanded across the IT services landscape and into business process outsourcing (BPO) and business consulting. Lakshmi Narayanan was succeeded by Francisco D'Souza in 2006. Cognizant experienced a period of fast growth during the 2000s, as reflected by its appearance in Fortune magazine's "100 Fastest-Growing Companies" list for ten consecutive years from 2003 to 2012.[19][20]

In September 2014, Cognizant struck its biggest deal, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion.[21] Cognizant Shares, rose nearly 3 percent in pre-market trading.[22]

Cognizant focuses on three key service lines across various industries — Digital Business, Digital Operations, and Digital Systems & Technology.[23]


Company acquired Country Date Business Reference
Meritsoft Republic of Ireland Ireland March 2019 Fintech [24]
Oy Samlink Finland Finland January 2019 Technology Provider [25]
Sentient Technologies United States USA December 2018 AI Solutions [26]
Mustache United States USA December 2018 Digital Agency [27]
Softvision United States USA October 2018 Digital Solutions [28]
Advanced Technology Group United States USA September 2018 CRM Consulting [29]
SaaSFocus Australia Australia August 2018 CRM Consulting [30]
Hedera Consulting Belgium Belgium May 2018 Consulting [31]
Bolder Healthcare Solutions United States USA March 2018 Health Care IT [32]
Zone United Kingdom UK October 2017 Digital Agency [33]
Netcentric Switzerland Switzerland October 2017 Digital Marketing [34]
T2C | Top Tier Consulting United States USA September 2017 Healthcare Consulting [35]
TMG Health United States USA June 2017 Health Care IT [36]
BrilliantService Japan Japan March 2017 Intelligent Products, Internet of things [37]
Adaptra Australia Australia December 2016 Insurance Consulting, Project Management [38]
Nova IT Australia Australia December 2016 HR Services [39]
KIS Information Services (KIS) Germany Germany December 2016 IT Services [40]
Mirabeau BV Netherlands Netherlands November 2016 Digital Marketing, Customer Experience [41]
Frontica Business Solutions Norway Norway October 2016 IT Services & Solutions [42][43]
Idea Couture Canada Canada July 2016 Digital Services (Innovation and Experience Design) [44]
Heliocentric El Salvador El Salvador May 2016 BPO Services [45]
Quick Left Inc. United States USA May 2016 Mobile & Web Apps [46]
ReD Associates Denmark Denmark April 2016 Human Sciences [47]
KBACE Technologies United States USA January 2016 Oracle Cloud, ERP [48]
Storebrand Baltic Lithuania Lithuania Nov 2015 Lithuanian IT unit of Norway’s Storebrand [49]
CNO Financial Group (India) India India Feb 2015 IT Application Development [50]
Odecee Australia Australia November 2014 IT, Consulting and BPO services [51]
Cadient Group United States USA October 2014 Digital Healthcare [52]
TriZetto Corp United States USA September 2014 Healthcare Payer Software, Provider Revenue Cycle Software (Consulting, Software, BPO, Hosting) [53]
itaas Interactive TV Solutions United States USA April 2014 Digital Video services [54]
ValueSource Technologies India India October 2013 IT services [55]
Equinox Consulting France France October 2013 Financial Services Consulting Firm [56]
SourceNet Solutions United States USA May 2013 BPS for Finance & Accounting [57]
QBridge United States USA Jan 2013 Marketing Automation [58][59]
C1 group (6 companies) Germany Germany December 2012 btconsult gbbb [process and technology consulting, SAP]; C:1 Solutions GmbH [consulting and enterprise solutions: SAP, BPM, ECM, ERM]; psc Management Consulting GmbH [process and technology consulting]; C:1 SetCon GmbH [software engineering and testing]; Enterprise Services AG [a Swiss company focused on process and IT consulting]; C:1 Holding GmbH [60]
Medicall PhilippinesPhilippines November 2012 Medical Transcription [61]
Excellence Data Research India India August 2012 Market Research [62]
ING US United States USA June 2012 Technology [63]
Zaffera United States USA September 2011 SAP Consulting [64]
CoreLogic India India India July 2011 Mortgage processing [65]
Galileo Performance France France June 2010 Consulting related to the measurement, management and continuous optimization of IT system performance [66]
PIPC Group United Kingdom UK May 2010 Program & Project Management Consulting [67]
UBS India Service Center India India October 2009 Business process outsourcing, industry research [68]
Pepperweed Advisors United States US September 2009 Business Consulting, Program Management [69]
Invensys Rail R&D India & Invensys Operations Managed R&D Center India India India July 2009 Product Research & Engineering, Manufacturing [70]
Active Intelligence Canada Canada February 2009 Consulting, implementation and support services for Oracle Retail Merchandising, Planning and Optimization suite [71]
Strategic Vision Consulting United States US June 2008 Business Consulting for media and entertainment companies [72]
T-Systems India Germany Germany March 2008 System Integration [73]
marketRx United States US November 2007 Life Sciences Analytics, healthcare KPO [74]
AimNet United States US September 2006 IT infrastructure services [75]
Fathom Consulting Canada Canada April 2005 Telecom & Automotive IT Services [76]
Ygyan Consulting India India February 2004 SAP consulting [77]
Infopulse Netherlands Netherlands December 2003 IT services [78]
Aces International United States US April 2003 Siebel CRM consulting [76]
American Express Travel-related Services account from Silverline Technologies United States US Sep 2002 Financial services [79]
UnitedHealthcare Ireland Limited Republic of Ireland Ireland June 2002 Healthcare services (a subsidiary of the UnitedHealth Group) [80]


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.[81]

Business model[edit]

Cognizant's original corporate headquarters in Chennai, now an offshore delivery center.

Like many other IT services firms, Cognizant follows a global delivery model based on offshore software R&D and offshore outsourcing. The company has a number of 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 a number of 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.[82]

Cognizant was ranked at 193 in Fortune top 200 list of 2019.

Cognizant's excellence and shift to digital marketing, digital platforms interests and expertise in nearly all the leading database, digital marketing and emerging technologies has fetched it an eminent position across the globe.



The company has more than 281,600 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,[83] Mangalore, Mumbai, and Pune. The company has local, regional, and global delivery centers in the UK, Hungary, The Netherlands, Spain, China, Philippines, Canada, Brazil, Argentina, Mexico etc.[84]

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 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 is 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%).[85]

Corporate affairs[edit]

Marketing and branding[edit]

The company's flagship customer conference is Cognizant Community. It is held annually in the United States, Europe, Australia and Asia (Singapore, India and Japan). The summit, which features notable keynote speakers in the world of business, technology, economics and even adventure sports, has been praised as "a model industry event".[86]


Cognizant was listed on NASDAQ in 1998, and added to the NASDAQ-100 Index in 2004. After the close of trading on November 16, 2006, Cognizant moved from the mid cap S&P 400 to the S&P 500. The company claims it is in excellent financial health, reporting over $2.6 billion in cash and short term investments for the quarter ending September 30, 2012.[87]

Corporate social responsibility[edit]

Cognizant's philanthropic and corporate social responsibility (CSR) initiatives are conducted through the Cognizant employees for the financial and administrative support of the Cognizant Foundation.[88][89] Registered in March 2005 as a "Charitable Company" under the Indian Companies Act, the Cognizant Foundation aims to help "unprivileged members of society gain access to quality education and healthcare by providing financial and technical support; designing and implementing educational and healthcare improvement programs; and partnering with Non-Government Organizations (NGOs), educational institutions, healthcare institutions, government agencies and corporations".

Cognizant has a grassroots corporate social responsibility project called Outreach, for which Cognizant's employees volunteer to support schools and orphanages.[90][91]

At the 2011 Maker Faire, the company announced plans to fund a Maker Space at the New York Hall of Science, a Making the Future after-school program and a partnership with Citizen Schools to promote STEM education in the United States.[92][93]

In 2012 Cognizant Foundation made donation to Vidnyanvahini, a not-for-profit organization located in Pune in India for its Mobile Science Laboratory (MSL).

Environmental record[edit]

Cognizant's sustainability efforts include a Go Green initiative launched in 2008 focused on energy conservation, recycling, and responsible waste management.[94] In October 2012, Newsweek magazine ranked Cognizant 50th among the 500 largest publicly traded companies in America, in its annual Green Rankings.[95]

Fortune 500[edit]

Year Rank
2019 193[96]
2018 195[97]
2017 205[98]
2016 230[99]
2015 288[100]
2014 308[101]
2013 352[102]
2012 398[103]
2011 484[104]

Executive Leadership[edit]

Cognizant is led by Brian Humphries (CEO), Karen McLoughlin (CFO) and Malcolm Frank (President, Cognizant Digital Business). Others in the Executive Leadership team include Srinivasan Veeraraghavachary, Ramakrishna Prasad Chintamaneni.[105]

On April 1,2019, Francisco D'Souza was replaced by Brian Humphries as the CEO.


Outsourcing controversy and hiring in the U.S.[edit]

Cognizant leads the ranks of companies receiving H-1B visas from the United States. The company has been steadily increasing its U.S. work force. In January 2011, the company announced plans to expand its U.S. delivery centers, including a new 1,000-person (0.4% of worldwide workforce) facility in Phoenix, Arizona.[106] In February 2011, Cognizant said it had 60 full-time recruiters actively hiring in the U.S.[107]

In 2009, an investigation by the US Department of Labor (DoL) found Cognizant in violation of the H-1B provisions of the Immigration and Nationality Administrative Act. 67 of its workers underpaid due to unintentional administrative errors, according to Cognizant. The DoL investigation revealed that Cognizant had achieved 99.7% compliance in its management of H-1B visa-related issues.[108] The company paid US$509,607 in back wages to the 67 employees. No fines or visa restrictions were imposed, since DoL did not discover any willful violations. Joseph Petrecca, the director of the Wage and Hour Division's Northern New Jersey District Office, praised the company for taking immediate steps to correct the violations: "This level of cooperation sets a standard for others in the industry."[109]

In 2016, the company was the subject of a lawsuit by workers for Walt Disney World who said workers from India were brought into the United States on H-1B visas in order to replace them.[110] However, in October 2016, federal Judge Gregory A. Presnel of the United States District Court in Orlando dismissed the lawsuits, stating "none of the allegedly false statements put at issue in the complaint are adequate."[111]


In 2018 a race discrimination suit was brought: "Three former employees claim they were forced out of their jobs and replaced with 'less qualified' Indians after being poorly treated by their Indian supervisors and colleagues, given unjustifiably low performance ratings and denied promotions." Cognizant said it was "national origin" and not race.[112]

Senior Management Massive Layoff Cases[edit]

200 Senior Executives, above the Director's Level were dismissed because they were not able to catch up with the latest technologies. The number of the executives that were dismissed is unusually high and questions the ability of the company to catch up with the latest technologies.[113]

Bad Publicity on the Irish Media[edit]

In February 2018 the Irish press expressed concerns about contractors employed by Cognizant as part of the outsourcing contract with Google about the conditions of employment in relationship to compensation and basic employment allowances like sick leave.[114]

Corruption probe in India[edit]

In 2016, Cognizant announced that it was cooperating with US authorities in an investigation related to the Foreign Corrupt Practices Act, and carrying out its own probe to determine whether some payments made in India breached the law. The company also said President Gordon Coburn had resigned and would be replaced by Rajeev Mehta.[115][116]

2017 Lay Offs[edit]

In 2017, eight employees filed petitions with the labor department, complaining Cognizant forced them to resign as part of a performance-based review. The labor department closed the case in favor of employees and advised company management to give one more opportunity for the petitioners to prove themselves. At the time Cognizant had also rolled out a ‘voluntary separation program’ for directors, associate vice-presidents and senior VP's which offed them 6–9 months of their salary.[117]

In 2017, approximately 6000 Cognizant employees in Hyderabad lost their job as a part of company's annual performance review process.[118]

2018 Tax Evasion case in India[edit]

The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT). A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings.Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016-17 financial year, the Hindu newspaper reported, citing officials from the tax department.[119]

The court asked the company to deposit 15 percent of the disputed tax, amounting to 4.9 billion rupees ($75 million) as security deposit till it decides on the case.[120]

2019 Bribe to bureaucrats in India[edit]

Larsen & Toubro Ltd (L&T) facilitated the payment of $3.64 million in bribes to Indian government officials on behalf of Cognizant Technology Solutions Corp. to secure permits, ranging from environmental clearance to power. L&T has made illicit payments and Cognizant reimbursed the money by disguising it as compensation for cost overruns.[121]

Crawford & Company Lawsuit[edit]

Cognizant has been sued by Crawford & Company, the US-based independent providers of insurance claims-handling services, for alleged breach of contract. Cognizant had been  mandated by Crawford to implement People Soft Financials software as part of an ERP project called Project Atlas that it was critical to Crawford's operations. Project Atlas included components for both internal operations and client-facing services.[122]

"Cognizant moves [sic] HC fearing prosecution"[edit]

In March 2019, significant publicity was raised because Cognizant repetitively violated the directives of the Registrar of Companies. The Company "has moved [sic] the Madras High Court fearing possibility of criminal prosecution being launched against it by [the] Registrar of Companies for alleged violation of the provisions of the Companies Act of 2013 and the Companies (Appointment and Disqualification of Directors) Rules of 2014." One of those questions was as to why the company had not disclosed complete information on stock options of its parent holding company — CTS Corporation in the United States — having been given to the employees, including its directors, and the payments running to several hundred crores of rupees (approx US $40 million) having been paid to the parent company in the US towards stock compensating recharge. [123]


  • On June 24, 2015, the company signed a multimillion-dollar agreement with Escorts Group in India to help Escorts' businesses in digital transformation and modernizing its operations across all business segments.[124]
  • On June 30, 2015, it partnered with Singapore-based supermarket retailer NTUC FairPrice to perform digital transformation in NTUC's business to improve personalized and consistent customer service across multiple channels.[125]
  • In April 2018, Cognizant and a consortium of Indian life insurers announced their development of a blockchain solution aimed at increasing efficiency through facilitating cross-company data sharing. The platform which is built on Corda, a DLT platform developed by R3 was claimed to reduce dependency on third-party data intermediaries and aggregators for obtaining consumer profiles and policy details such as KYC due diligence, financial and medical underwriting, risk assessment, fraud detection and regulatory compliance.[126]
  • On May 8, 2019, Cognizant’s Agil Francis, Senior Director, Consulting, was named to the list for Excellence in Financial Services by Consulting Magazine.[127]

See also[edit]


  1. ^ "Cognizant founder Mahadeva to retire". Economic Times.
  2. ^ a b c d e "2018 SEC Filing". SEC.
  3. ^ a b Mishra, Pankaj (March 21, 2013). "Cognizant's Francisco D'Souza: The horizon chaser".
  4. ^ "Retrieved on November 20, 2017 from".
  5. ^ "Cognizant joins the Fortune 500 club". rediff. May 6, 2011. Retrieved June 27, 2012.
  6. ^ "World's Most Admired Companies (Information Technology services), 2015". Fortune. Retrieved July 22, 2015.
  7. ^ "Cognizant in the News". News | Cognizant Technology Solutions. Retrieved December 26, 2017.
  8. ^ "'Cognizant is like a $4-billion tech startup'". Retrieved August 26, 2016.
  9. ^ "'Dun & Bradstreet Satyam To Be Rechristened Cognizant Tech". Business Standard. February 4, 1997. Retrieved May 10, 2016.
  10. ^ a b Silvia Sansoni (June 14, 1999). "The contrarian". Forbes.
  11. ^ "No modest ambitions for Cognizant". Express Computer. October 8, 2011. Archived from the original on November 30, 2012. Retrieved June 27, 2012.
  12. ^ "Cognizant back in search of Satyam". Business Standard. April 4, 2009. Retrieved June 27, 2012.
  13. ^ "Kumar Mahadeva quits as Cognizant chief".
  14. ^ a b c d International Directory of Company Histories, Vol.59. St. James Press, 2004.
  15. ^ "Dun & Bradstreet Spinoff Will Split in Two". The New York Times. January 16, 1998. Retrieved June 27, 2012.
  16. ^ Rasheeda Bhagat (February 9, 2012). "Cognizant rising by Chennai beach". The Hindu. Retrieved June 27, 2012.
  17. ^ IMS sees some positive impact from Cognizant sale by Eric Auchard. Rediff, November 16, 2002 | 1149 IST.
  18. ^ "Cognizant founder steps down". The Hindu Business Line. Retrieved June 27, 2012.
  19. ^ Anne VanderMey (September 14, 2011). "Fastest-growing: 16 all-stars". Forbes. Retrieved June 27, 2012.
  20. ^ "Cognizant in Fortune 500". Fortune. Retrieved June 27, 2012.
  21. ^ "Cognizant Acquires TriZetto". Bloomberg TV India. September 15, 2014.
  22. ^ "Cognizant to buy TriZetto to boost healthcare business". Reuters. Retrieved September 15, 2014.
  23. ^ "Digital Transformation Services | Cognizant". Retrieved December 26, 2017.
  24. ^ "Cognizant acquires fintech software firm Meritsoft". Moneycontrol. Retrieved March 5, 2019.
  25. ^ "Cognizant to acquire Finnish bank-backed Oy Samlink". Finextra Research. January 23, 2019. Retrieved January 23, 2019.
  26. ^ The Missing Link in Artificial Intelligence, retrieved January 29, 2019
  27. ^ "Cognizant to Acquire Mustache, a New York-Based Creative Content Agency". News | Cognizant Technology Solutions. Retrieved December 11, 2018.
  28. ^ Cognizant. "Cognizant to Acquire Digital Engineering Leader Softvision". Retrieved October 4, 2018.
  29. ^ "Cognizant to Acquire Advanced Technology Group to Expand Cloud Quote-to-Cash Capabilities". News | Cognizant Technology Solutions. Retrieved September 18, 2018.
  30. ^ Mendonca, Jochelle (August 23, 2018). "Cognizant to buy SaasFocus to boost Asia-Pac business". The Economic Times. Retrieved August 24, 2018.
  31. ^ "Cognizant Acquires Hedera Consulting, a Belgian Advisory and Analytics Company". News | Cognizant Technology Solutions. Retrieved May 2, 2018.
  32. ^ "Cognizant to Acquire Bolder Healthcare Solutions to Expand Revenue Cycle Management Services for Providers". Cognizant Technology Solutions : Investors. Retrieved March 12, 2018.
  33. ^ "US IT company Cognizant snaps up digital indy Zone". The Drum. Retrieved October 26, 2017.
  34. ^ "Cognizant to acquire digital marketing expert Netcentric - ET CIO". Retrieved October 26, 2017.
  35. ^ Consulting, Top Tier (September 5, 2017). "Top Tier Consulting is proud to bring our management consulting talent and healthcare expertise to the @Cognizant family of companies". @T2CConsulting. Retrieved September 22, 2017.
  36. ^ Mendonca, Jochelle (June 13, 2017). "Cognizant to buy TMG Health for undisclosed amount". The Economic Times. Retrieved June 13, 2017.
  37. ^ "Cognizant acquires Japan's Brilliant Service". Business Line. Retrieved March 2, 2017.
  38. ^ "BRIEF-Cognizant to buy Adaptra". Business Insider. Retrieved December 16, 2016.
  39. ^ "About Nova IT". Archived from the original on January 23, 2017. Retrieved January 23, 2017.
  40. ^ "CNW Group". Retrieved December 2, 2016.
  41. ^ Cognizant. "Cognizant to Acquire Digital Marketing and Customer Experience Agency Mirabeau BV". Retrieved November 29, 2016.
  42. ^ "Akastor agrees to sell Frontica Business Solutions to Cognizant!". Frontica. Archived from the original on January 11, 2017.
  43. ^ Akastor. "Akastor ASA: Akastor Completes Sale of Frontica Business Solutions to Cognizant". GlobeNewswire News Room. Retrieved November 29, 2016.
  44. ^ "Cognizant Acquires Idea Couture, a Digital Innovation, Strategy, and Design Firm!". Yahoo!. Archived from the original on February 15, 2017.
  45. ^ "We are starting a new phase for our company!". Twitter.
  46. ^ "Quick Left's Right Turn – To Cognizant". Quick Left.
  47. ^ "Cognizant acquires 49% ownership in ReD Associates". Business Standard.
  48. ^ "Cognizant Acquires KBACE Technologies to Enable Clients to Accelerate Journey to Cloud and Improve Business Agility".
  49. ^ "US Cognizant to acquire 66% shares in Lithuania's Storebrand".
  50. ^ "Insurance Company CNO Sells India Operations To Cognizant". Archived from the original on January 11, 2017. Retrieved October 17, 2016.
  51. ^ "Cognizant on an odyssey with new acquisition".
  52. ^ "Cognizant acquires digital marketing agency Cadient Group". timesofindia-economictimes.
  53. ^ "Cognizant News & Events - Cognizant Press Releases - Cognizant Technology Solutions".
  54. ^ "Cognizant buys US video solutions company". The Times of India.
  55. ^ "KBC verkoopt ValueSource aan Cognizant". October 3, 2013. Retrieved October 3, 2013.
  56. ^ "Cognizant Acquires Equinox Consulting, a Financial Services Consulting Firm in France". October 2, 2013. Retrieved October 2, 2013.
  57. ^ "Cognizant Q2 Net up 19%; raises full-year revenue guidance". Zee News. August 6, 2013. Retrieved December 3, 2016.
  58. ^ "Cognizant Marketing BPS Services". Nelson Hall.
  59. ^ "Apply for a Trademark. Search a Trademark". Retrieved April 20, 2018.
  60. ^ "Cognizant to Acquire Six Companies of the C1 Group, a Leading German Consulting and IT Services Group". December 21, 2012. Retrieved January 5, 2013.
  61. ^ "Cognizant net up 16%". The Telegraph. Retrieved November 30, 2016.
  62. ^ "EXCELLENCE DATA RESEARCH PRIVATE LIMITED | Indian Company Info". Retrieved November 30, 2016.[permanent dead link]
  63. ^ "Cognizant, ING US in $330 mn pact". June 15, 2012. Retrieved July 4, 2016.
  64. ^ "Cognizant buys Zaffera, a US SAP consulting Company for an undisclosed value". The Economic Times. September 28, 2011. Retrieved June 27, 2012.
  65. ^ Suparna Goswami Bhattacharya (July 27, 2011). "Cognizant to acquire CoreLogic's Indian business". DNA. Retrieved June 27, 2012.
  66. ^ "Cognizant buys Paris-based Galileo Performance". Business Standard. June 18, 2010. Retrieved June 27, 2012.
  67. ^ "Cognizant acquires PIPC". The Economic Times. May 10, 2009. Retrieved June 27, 2012.
  68. ^ "Cognizant acquires India unit of UBS for $75m". The Times of India. October 16, 2010. Retrieved June 27, 2012.
  69. ^ "Cognizant buys Pepperweed Advisors". The Hindu. September 9, 2009. Retrieved June 27, 2012.
  70. ^ Bureau, Our (October 3, 2013). "Cognizant buys Belgian bank insurance firm's arm ValueSource". The Hindu Business Line. Retrieved November 11, 2016.
  71. ^ Chandra Ranganathan (February 11, 2009). "Cognizant acquires Canada consulting firm Active Intelligence". Economic Times. Retrieved June 27, 2012.
  72. ^ "Cognizant acquires US firm SVC". The Economic Times. June 10, 2008. Retrieved June 27, 2012.
  73. ^ "Cognizant Tech to buy T-System's India business". Business Standard. March 8, 2008. Retrieved July 4, 2016.
  74. ^ Narayanan Madhavan (October 20, 2007). "Cognizant to acquire marketRX for $135 m". Hindustan Times. Archived from the original on September 1, 2012. Retrieved June 27, 2012.
  75. ^ "Cognizant acquires US co AimNet". The Hindu Business Line. September 7, 2006. Archived from the original on May 2, 2013. Retrieved June 27, 2012.
  76. ^ a b "Cognizant buys Fathom for $35 mn". April 18, 2005. Retrieved June 27, 2012.
  77. ^ "Cognizant Tech Acquires Pune SAP Firm For $2 Mn". The Financial Express. February 23, 2004. Retrieved June 27, 2012.
  78. ^ "Cognizant Acquires Infopulse For $5 M". The Financial Express. December 3, 2003. Retrieved June 27, 2012.
  79. ^ "Cognizant Acquires American Express". The Financial Express. September 22, 2012. Retrieved June 27, 2012.
  80. ^ "Cognizant centre in Ireland". The Hindu Business Line. June 11, 2002. Retrieved June 27, 2012.
  81. ^ Cognizant Annual report 2016
  82. ^ Peter Cappelli; Michael Useem; Harbir Singh; Jitendra Singh (2010). The India way. Harvard Business Press. pp. 138–143. ISBN 978-1-4221-4759-7.
  83. ^ Swati Garg (February 20, 2012). "Bengal IT minister tells Cognizant growth story to lure Infy, Wipro".
  84. ^ "Contact Us - Cognizant Technology Solutions".
  85. ^ "Cognizant Technology Solutions : Annual Report 2015" (PDF). Cognizant.
  86. ^ "Cognizant Community: a model industry event". Vinnie Mirchandani. March 15, 2011. Retrieved June 27, 2012.
  87. ^ "Cognizant (CTSH) Financials". Google Finance. Retrieved January 4, 2013.
  88. ^ CSR World Archived June 17, 2012, at the Wayback Machine. Last accessed on March 6, 2012.
  89. ^ "Cognizant Foundation extends aid to five NGOs". The Hindu Business Line.
  90. ^ "Cognizant Outreach distributes notebooks". The Hindu. June 27, 2010. Retrieved June 27, 2012.
  91. ^ "Industry insights from Cognizant for AUT faculty". The Hindu. May 14, 2011. Retrieved June 27, 2012.
  92. ^ "Cognizant to Unveil 'Making the Future' STEM Education Initiative at World Maker Faire, New York Hall of Science". Retrieved June 27, 2012.
  93. ^ Mary Moore (December 12, 2011). "Cognizant to donate $810K to Museum of Science for STEM". Boston Business Journal. Retrieved June 27, 2012.
  94. ^ Cognizant goes for green I.T. Manila Bulletin. August 15, 2011.
  95. ^ "Newsweek Green Rankings 2012". Retrieved January 5, 2013.
  96. ^ "Cognizant Technology Solutions". Fortune. Retrieved May 16, 2019.
  97. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Retrieved May 21, 2018.
  98. ^ "Cognizant in the News". News | Cognizant Technology Solutions. Retrieved June 7, 2017.
  99. ^ "2015 Fortune 500 rank". Fortune. Retrieved June 6, 2016.
  100. ^ "2015 Fortune 500 rank". CNN Money. Retrieved June 29, 2015.
  101. ^ "2012 Fortune 600 rank". CNN Money. Retrieved June 6, 2014.
  102. ^ "2012 Fortune 500 rank". CNN Money. Archived from the original on December 20, 2013. Retrieved May 13, 2013.
  103. ^ "2012 Fortune 500 rank". CNN Money. Retrieved May 13, 2013.
  104. ^ "2011 Fortune 500 rank". CNN Money. Retrieved May 29, 2013.
  105. ^ "Senior Management—Executive Leadership Team | Cognizant". Retrieved August 20, 2018.
  106. ^ "Cognizant Expands North American Delivery Center Footprint to Accommodate Rapid Growth". Retrieved June 27, 2012.
  107. ^ "Twitter status". Cognizant. February 24, 2011. Retrieved June 27, 2012.
  108. ^ "Audit Results". Cognizant. Archived from the original on January 8, 2013. Retrieved June 27, 2012.
  109. ^ "Teaneck N.J. information technology company agrees to pay more than $509,000 in back wages following U.S. Labor Department investigation". March 30, 2009. Retrieved June 27, 2012.
  110. ^ Preston, Julia (January 25, 2016). "Lawsuits Claim Disney Colluded to Replace U.S. Workers With Immigrants". New York Times. Retrieved January 26, 2016.
  111. ^ "Judge Says Disney Didn't Violate Visa Laws in Layoffs". The New York Times. Retrieved October 13, 2016.
  112. ^ "Cognizant, US' Top H-1B Visa Sponsor, Tries to Bury 'Anti-White' Lawsuit".
  113. ^ "Cognizant Technology Solutions lays off 200 senior executives - Times of India". The Times of India. Retrieved October 24, 2018.
  114. ^ Tighe, Mark (February 11, 2018). "Google Maps workers are losing it". The Sunday Times. ISSN 0956-1382. Retrieved October 25, 2018.
  115. ^ Sood, Varun (September 30, 2016). "Cognizant reveals corruption probe in US, replaces president". Retrieved February 25, 2018.
  116. ^ "Cognizant says conducting corruption probe; president replaced". Reuters. September 30, 2016. Retrieved February 25, 2018.
  117. ^ "Cognizant layoff plea closed in favor of sacked staff: Govt". @businessline. Retrieved February 25, 2018.
  118. ^ "Hyderabad: Mass layoffs shake IT industry in 2017". December 29, 2017. Retrieved February 25, 2018.
  119. ^ "Income Tax department freezes certain Cognizant bank accounts: report". Retrieved April 7, 2018.
  120. ^ "Indian court orders tax dept to lift freeze on Cognizant's funds". Retrieved April 7, 2018.
  121. ^ "Cognizant used L&T to bribe govt officials in India". Retrieved February 18, 2019.
  122. ^ "US company sues Cognizant for breach of contract - Times of India". The Times of India. Retrieved March 4, 2019.
  123. ^ S, Mohamed Imranullah (March 9, 2019). "Cognizant moves HC fearing prosecution". The Hindu. ISSN 0971-751X. Retrieved March 8, 2019.
  124. ^ "Cognizant to assist Escorts' digital transformation of operations". The Times of India.
  125. ^ "Cognizant to help NTUC Fairprice upgrade digital infrastructure". DealStreetAsia.
  126. ^ "Cognizant Develops Blockchain Solution for Indian Insurers, To Secure Data Sharing and Enhance Customer Experience". Crypto-News India. April 16, 2018. Retrieved April 18, 2018.
  127. ^ "The 2019 Top 25 Consultants: Agil Francis". Consulting Magazine. May 8, 2019. Retrieved May 17, 2019.

External links[edit]

Media related to Cognizant Technology Solutions at Wikimedia Commons