Cognizant Technology Solutions

"Cognizant" redirects here. See also Wiktionary's entry for cognizant.

Cognizant Technology Solutions

Type	Public (NASDAQ: CTSH)
Founded	1994
Headquarters	Teaneck, New Jersey
Key people	Lakshmi Narayanan,Vice chairman Francisco D'Souza, CEO Chandra Sekaran, President and MD Gordon Coburn, Executive Vice President and CFO
Industry	IT Services
Revenue	2. The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. Teaneck (ˈtiːnɛk is a township in Bergen County, New Jersey, and is a Suburb in the New York metropolitan area. New Jersey ( is a state in the Mid-Atlantic and Northeastern regions of the United States. Lakshmi Narayanan is the vice chairman and ex- CEO of Cognizant Technology Solutions (CTS. Francisco D'Souza is the CEO of Cognizant Technology Solutions. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Information technology ( IT) as defined by the Information Technology Association of America (ITAA is "the study design development implementation support In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 136 Billion USD (Dec 2007)
Employees	~58553(may 2008)
Website	www.cognizant.com chinese [2] Japanese [3]

Lakshmi Narayanan rings NASDAQ opening bell

Cognizant Chennai facility

Cognizant Technology Solutions (NASDAQ: CTSH) is an information technology services company with headquarters in Teaneck, New Jersey U. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Employment is a Contract between two parties, one being the employer and the other being the employee. International holidays May 1 - Labour Day ( Pakistan) May 1 - Labour Day ( Singapore) A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. Teaneck (ˈtiːnɛk is a township in Bergen County, New Jersey, and is a Suburb in the New York metropolitan area. S. A. and with significant operations in Chennai, India. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country

Cognizant has been named to the 2007 Fortune 100 Fastest-Growing Companies List for the fifth consecutive year, making it the only company receiving the “Five-year all-stars” distinction in 2007’s list. ^[1]

Cognizant has also been named in the top 10 of Business Week’s Hot Growth Technology Companies. BusinessWeek is a business Magazine published by McGraw-Hill. Cognizant was ranked 6th overall. It was the #1 ranked IT services Company in the list.

1 History
2 Operations
3 Financial Health
4 Competition
5 Recent News
6 References
7 External links

History

The company was started in 1994, as an in-house IT services unit of the Dun & Bradstreet Corporation (D&B) and its operating units. Year 1994 ( MCMXCIV) was a Common year starting on Saturday (link will display full 1994 Gregorian calendar) The Dun & Bradstreet Corporation ( headquartered in Short Hills New Jersey, USA, is a provider of credit information on businesses and corporations Initially a joint venture between Dun & Bradstreet (76%) and Satyam Computer Services Ltd. (24%), it soon became a 100% subsidiary of D&B Corp. Satyam Computer Services Ltd is a Consulting and Information technology services company based in Hyderabad, India. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity In 1996, the company became a division of the Cognizant Corporation, after the split-up of Dun & Bradstreet Corporation. Year 1996 ( MCMXCVI) was a Leap year starting on Monday (link will display full 1996 Gregorian calendar)

In June 1998, Cognizant Corporation was again split into independent companies, and Cognizant Technology Solutions was formed as a division of IMS Health, a provider of information solutions to the pharmaceutical and healthcare industries. Year 1998 ( MCMXCVIII) was a Common year starting on Thursday (link will display full 1998 Gregorian calendar) IMS Health ( is an intern consulting and data services company that supplies the Pharmaceutical industry with sales data and consulting services Health care is the prevention treatment and management of illness and the preservation of mental health through the services offered by the medical, Nursing The same year, the company completed its initial public offering and was listed on the NASDAQ. The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. In November 2002, IMS Health divested its majority interest in Cognizant through a tax-free split-off.

In its early years, Cognizant's clientele primarily comprised the sister companies in the Dun and Bradstreet group of companies and the services were focused on Y2K compliance, Application Support and Maintenance (predominantly in client server and mainframe applications). With the turn of the new millennium, Cognizant successfully expanded it's client base to Fortune 500 customers in Financial Services, Healthcare, Information, Media and Entertainment, Retail and Manufacturing and diversified it's services to new technologies and internet based applications. The company currently serves over 500 customers across 9 industry verticals.

The company has been one of the fastest growing in the IT Services segment being the fastest among global IT Services companies to cross $1Bn revenues. Along the way, it has recorded significant recognition by analysts becoming a member of the prestigious NASDAQ-100 and S&P500 Index among other accolades.

Operations

Although it is headquartered in New Jersey, USA, most of Cognizant Technology Solutions' employees are based in the city of Chennai, India. New Jersey ( is a state in the Mid-Atlantic and Northeastern regions of the United States. The United States of America —commonly referred to as the India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country It also has offices in Bangalore, Coimbatore, Hyderabad, Kolkata, Mumbai, Pune and Cochin and development centres in Shanghai, China and Amsterdam. Bangalore ( officially Bengaluru ( Kannada: ಬೆಂಗಳೂರು) is the capital of the Indian state of Karnataka. Coimbatore (கோயம்புத்தூர் also known as Kovai (கோவை is a major industrial city in India and the second largest city in the Mumbai ( Marathi:,, IPA: formerly Bombay, is the capital of the Indian state of Maharashtra and the financial Pune (ˈpuːneɪ Marathi: पुणे Hindi: पूना formerly Poona, is the second largest city in the state of Maharashtra Shanghai ( 上[[wikt 海|海]] is the largest city in China in terms of population and one of the largest urban areas in the world with over 20 million China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Amsterdam (pronounced) is the capital and largest city of the Netherlands, located in the province of North Holland in the west Cognizant has over 55,000 employees. It became the first company in the world to be certified for CMMI-Level5 per the latest model. Capability Maturity Model Integration ( CMMI) is a Process improvement approach that provides organizations with the essential elements of effective processes [4]

Cognizant has aligned its businesses vertically and has clients in

In addition to vertical focus, Cognizant also provides specialty technology services through its horizontal expertise such as Data Warehousing and Business Intelligence, CRM, ERP,ITIS,BPO etc. A banker or bank is a Financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money Financial services refer to services provided by the finance industry. Health care is the prevention treatment and management of illness and the preservation of mental health through the services offered by the medical, Nursing Manufacturing (from Latin manu factura, "making by hand" is the use of tools and labor to make things for use or sale Logistics is the management of the flow of Goods, Information and other resources including Energy and people between the point of origin and the point Information as a concept has a diversity of meanings from everyday usage to technical settings "Popular press" redirects here note that the University of Wisconsin Press publishes under the imprint "The Popular Press" See also Entertainment (disambiguation and The Entertainer (disambiguation Entertainment is an activity designed to give people Insurance, in Law and Economics, is a form of Risk management primarily used to hedge against the Risk of a contingent loss Foundations of modern biology There are five unifying principles Hospitality refers to the relationship process between a Guest and a host and it also refers to the act or practice of being hospitable that is the reception and entertainment Technology is a broad concept that deals with a Species ' usage and knowledge of Tools and Crafts and how it affects a species' ability to control and adapt

Financial Health

Cognizant's revenue for the fourth quarter of year 2006 is up 65 per cent from $256. 9 million for the corresponding quarter the previous year to $424. 4 million, and the company ended the year 2006 with $1. 424 billion in revenue. During this quarter the company added a net total of almost 4,500 employees and more than 50,000 employees in 2006 overall. The company has a debt free balance sheet. Its income has seen a compounded 40% annual growth in the last few years. For the five years ended Dec. 31, 2006, CTSH has grown its revenue by an average of 58. 1% every year. ^[2]

After the close of trading on November 16, 2006 Cognizant moved from the mid cap S&P 400 to the S&P 500. Events 534 - A second and final revision of the Codex Justinianus is published Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. The S&P 400, more properly the S&P MidCap 400, is a Stock market index developed by Standard & Poor's. The S&P 500 is a Stock market index containing the stocks of 500 Large-Cap Corporations all of which are from the United States. On March 5th 2007 Cognizant became first American company to ring the NASDAQ opening bell remotely, from the Company's Chennai, India techno-complex.

Competition

Its primary competitors are Infosys and other IT services companies such as Accenture, Perot Systems, Satyam, Siemens IT Solutions and Services, Wipro, Aricent,HCL Technologies and Tata Consultancy Services. Infosys Technologies Limited () is a multinational Information technology services company headquartered in Bengaluru, India. Accenture () is a global Management consulting, Technology services, and Outsourcing company Perot Systems Corporation ( is an information technology services provider based in Plano, Texas. Satyam Computer Services Ltd is a Consulting and Information technology services company based in Hyderabad, India. Siemens IT Solutions and Services is a service provider which is part of Siemens AG headquartrica]] and many other places Wipro Technologies ( is an Information technology service company established in India in 1980 Aricent is a communications innovation technology and Outsourcing company offering a portfolio of services and Products for the communications HCL Technologies (abbr for Hindustan Computers Limited) is India’s 4th largest leading global IT Services companies providing software-led IT solutions remote infrastructure Tata Consultancy Services Limited ( TCS) is an Indian software services and consulting company

References

External links

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