Cognizant Technology Solutions Corporation, also known as Cognizant, is a publicly owned American multinational technology corporation that provides software engineering services to businesses. Founded in 1994, the company is headquartered in the United States and has over 351,530 employees. Cognizant offers a wide range of services, including software development, systems integration, consulting, and outsourcing. The company has over $1 billion in annual revenue and is considered one of the leading providers of software engineering services in the world.

2023 Revenue

Founded

1994

Headcount

351,528

Headquarters

US

Primary Segment

IT Services and IT Consulting

Ownership

Publicly Owned

Deployments

5

News Summary:

On January 11, 2024, Ravi Kumar, Cognizant's CEO, received the Pravasi Bharatiya Samman award. Infosys filed a countersuit against Cognizant and Kumar in the US, alleging anti-competitive practices and misappropriation of trade secrets related to Infosys Helix, a healthcare platform. This followed a lawsuit filed by TriZetto, a Cognizant subsidiary, accusing Infosys of stealing trade secrets concerning healthcare insurance software. Infosys also accused Cognizant of recruiting its senior executives, noting Kumar's previous nine years of employment with Infosys before joining Cognizant in 2023.

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Cognizant offers 5 products in the media tech industry. Cognizant's product portfolio comprises of broadcast professional services.
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Cognizant's revenues were $19.4B in 2023. Caretta Research has split Cognizant's revenue into 3 different product categories.
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Cognizant's customers primarily consist of streaming services companies. Examples of Cognizant's customers include Bell Media, CNO Financial Group and Fortrea. Cognizant has commercial and technical partners like Unitywater, Amazon Web Services (AWS) and Telstra. Cognizant has suppliers like Google.

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