Cognizant Technology Solutions Corporation (Cognizant) is a publicly owned IT services and IT consulting company founded in 1994 and headquartered in the United States. As of 2024, it employed over 351,530 people and generated annual revenues exceeding $1 billion. The company's primary business is providing software engineering services to various businesses.
On September 15, Cognizant announced a strategic partnership with the North Carolina Turnpike Authority to create a new tolling system. A ranking of H-1B visa sponsors listed Cognizant among the largest applicants for foreign tech workers in the United States. On September 21, Donald Trump announced a $100,000 annual fee for H-1B visas and a new $1 million “Gold Visa,” impacting markets and causing stock drops for Cognizant. The impact of President Trump's executive order on immigration on Cognizant's operations was also noted.
Cognizant's customers primarily consist of insurance, hospitals and Health Care and broadcast television and radio companies. Examples of Cognizant's customers include Fortrea, Bell Media and CNO Financial Group. Cognizant has commercial and technical partners like Amazon Web Services (AWS), Omron Group and Telstra. Examples of Cognizant's suppliers include Nvidia and Google.
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