Cognizant, also known as Cognizant Technology Solutions Corporation, is a publicly owned company headquartered in Teaneck, New Jersey, United States. Founded in 1994, it provides IT services and IT consulting, employs approximately 351,530 individuals, and reported $21.1B in revenue as of 2025. The company originally started as an in-house technology unit for Dun & Bradstreet based in Chennai, India. By 1996, it began serving external clients and was spun off as an independent entity, eventually going public on the NASDAQ in 1998. Cognizant has grown through the dot-com boom, Y2K transition, and digital transformation eras. It operates as a Fortune 500 company with an operational footprint in India, serving global brands, including 30 of the top 30 biopharma companies and a majority of European banks.
On July 31, 2026, Cognizant concluded its inaugural global Codex Hackathon with OpenAI, where 10,000 employees across six Indian cities collaborated to build real-world artificial intelligence solutions utilizing OpenAI's Codex platform to address enterprise challenges. Earlier on the same day, Cognizant CEO Ravi Kumar S, speaking in an interview with CNBC TV18, stated that AI adoption is entering an "ROI era." He indicated that businesses are shifting from focusing on experimentation to generating measurable returns from AI investments, marking a turning point for the IT services industry as organizations move from pilot projects to AI deployments designed to enhance productivity and optimize operations.
Cognizant's customers primarily consist of insurance, other media and hospitals and Health Care companies. Examples of Cognizant's customers include Bell Media, Fortrea and CNO Financial Group. Cognizant has commercial and technical partners like JG Summit Holdings, Telstra and Omron Group. Examples of Cognizant's suppliers include Google, ServiceNow and Oracle.
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