Cognizant Business Profile In 2023 | History | Subsidiaries | Revenue | Employees

Cognizant Business Profile

With a growing digital revenue of 20% every year, the company competed aggressively against TCS. A booming America-based multinational IT services and consultancy, outsourcing services for enterprises. Go through the company profile below.

Introduction of Cognizant Business

Cognizant is an American multinational company that specializes in assisting companies and fostering their growth via various methodologies (IT, AI, and Cloud solutions)—evolving technology and transforming experiences.

It is one of the biggest brands people count on every day, ranked #194 in Fortune 500 (2022), a prestigious part of the NASDAQ-100 and trades under CTSH. Cognizant has strived for over 25 years to establish partnerships with global leaders.

Also, Read Larsen Toubro Business Profile

How Cognizant Business Started

Cognizant (formerly known as Dun & Bradstreet Satyam Software) was founded in 1994 in Chennai, India. Barely a startup with 50 employees with an ambition to concentrate on large-scale IT projects.

A new company was formed by Dun & Bradstreet in 1996 called Cognizant Corporation, which later became the parent company and got divided into two organizations—IMS Health and Nielsen Media Research.

In 1998, the company raised $34 million, less than predicted, and put the funds toward debt repayment. Cognizant’s total revenue in 2002 was $229 million with zero debt. The company expanded by abiding by maintenance projects.

In 2003, IMS Health fully emerged in Cognizant. The company appeared in Fortune magazine’s “100 Fastest-Growing Companies” list from 2003 to 2012.

In 2014, Cognizant acquired TriZetto Corp for $2.7 billion, signed a substantial contract with Escorts Group in India, and got associated with NTUC FairPrice in 2015 to improve the customer service experience.

In January 2022, Oy Samlink and Mustache were sold to Kyndryl and Mustache by Cognizant.

About Cognizant Business Founder and Their Team

Cognizant was founded by Kumar Mahadeva and Francisco D’Souzathe—the minds behind one of the most rapidly expanding technology companies all around the globe.

Leadership Team

Chief Executive Officer (CEO)

Cognizant Business Ceo Brian Humphries

Brian Humphries is a businessman who is currently the CEO of Cognizant. He replaced Francisco D’Souza as the CEO of Cognizant Business on April 1, 2019.

Chief Financial Officer (CFO)

Jan Siegmund is Cognizant Business’s Chief Financial Officer.

Chief People Officer (CPO)

Rebecca Schmitt (Becky)

Executive Vice President and President, Intuitive Operations and Automation

Ganesh Ayyar

Ganesh Ayyar

Executive Vice President, Global Delivery and Software and Platform Engineering

Andrew Stafford

Andrew Stafford (Andy)

Executive Vice President, Enterprise Platform Services

Rob Vatter

Rob Vatter

Executive Vice President, Core Technologies and Insights

Annadurai Elango

Annadurai Elango (Anna)

President, Global Growth Markets

Rob Walker

Executive Vice President, Chairman and Managing Director, Cognizant India

Rajesh Nambiar

Executive Vice President, Strategy and Technology

Anil Cheriyan

Chief Marketing Officer (CMO)

Gaurav Chand

Chief Administrative Officer

Lawrence Wieser

Executive Vice President and General Counsel

John Kim

Board Of Directors:

  • Zein Abdalla
  • Vinita Bali
  • Maureen Breakiron-Evans
  • Archana (Archie) Deskus
  • John M. Dineen
  • Leo S. Mackay Jr.
  • Michael Patsalos-Fox
  • Stephen (Steve) J. Rohleder
  • Joseph M. Velli
  • Sandra S. Wijnberg

Cognizant Work Culture and Employees

The company functions with 341,300 employees worldwide, rendering expertise in every possible way.

Together, they are helping companies the world relies on transforming their businesses Striving to improve lives by volunteering in local communities and letting them foster.

In addition to being highly qualified, the team is modest, loving, supportive, and has a pliant environment, allowing workers to enhance and elevate their careers to higher peaks.

Globally, their positive approach creates a healthy relationship between their clients, communities, colleagues and their own lives.

Cognizant Revenue and Products

The annual revenue of Cognizant as of 2022 is $18.5B Total revenue with consistent growth of 6.3%-7.3%.

Products:

  • Cognizant BigDecisions
  • Cognizant Clinical Data Insights
  • Cognizant Insurance Intake Automation
  • Cognizant Open Claims Audit
  • Cognizant Workers Compensation Care Analysis
  • Cognizant Document Accelerator
  • Cognizant Risk Profile Gateway
  • Cognizant Shared Investigator Platform
  • Digital Retirement Operations
  • RPA-as-a-Service

Services:

  • Application Services & Modernization
  • Artificial Intelligence
  • Business Process Services
  • Cloud Solutions
  • Core Modernization
  • Digital Experience
  • Digital Strategy
  • Enterprise Application Services
  • Enterprise Services
  • Industry+
  • Industry & Platform Solutions
  • Infrastructure Services
  • Intelligent Process Automation
  • Quality Engineering & Assurance
  • Security
  • Software Product Engineering
  • Sustainability Services

All Subsidiaries of Cognizant Updated 2023

Below are the companies acquired by Cognizant:

  • Oy Samlink
  • Mustache
  • Softvision
  • DevBridge
  • Hunter Technical Resources
  • TQS Integration Ltd.
  • ESG Mobility
  • Magenic Technologies
  • Linium
  • Servian
  • Inawisdom
  • Bright Wolf
  • 10th Magnitude
  • Tin Roof Software
  • New Signature
  • Collaborative Solutions
  • Lev
  • EI-Technologies
  • Code Zero
  • Contino
  • Zenith Technologies
  • Meritsoft
  • Advanced Technology Group
  • SaaSFocus
  • Hedera Consulting
  • Bolder Healthcare Solutions
  • Zone
  • Netcentric
  • T2C | Top Tier Consulting
  • TMG Health
  • Mirabeau BV
  • Frontica Business Solutions
  • Quick Left Inc.
  • ReD Associates
  • KBACE Technologies
  • Storebrand Baltic
  • CNO Financial Group (India)
  • Odecee
  • Cadient Group
  • TriZetto Corp
  • itaas Interactive TV Solutions
  • ValueSource Technologies
  • Equinox Consulting
  • SourceNet Solutions
  • QBridge
  • C1 group (6 companies)
  • Medicall
  • Excellence Data Research
  • ING US
  • Zaffera
  • CoreLogic India
  • Galileo Performance
  • PIPC Group
  • UBS India Service Center
  • Pepperweed Advisors
  • Invensys Rail R&D India & Invensys Operations Managed R&D Center India
  • Active Intelligence
  • Strategic Vision Consulting
  • T-Systems India
  • marketRx
  • AimNet
  • Fathom Consulting
  • Ygyan Consulting
  • Infopulse
  • Aces International
  • American Express Travel-related Services account from Silverline Technologies
  • UnitedHealthcare Ireland Limited

All Types Of Jobs Opportunities On Tata Consultancy Services

Cognizant believes in embracing diversity and a gender equality workforce. It helps its employees shape their future, learn and grow, upskill, and stay healthy in a way. They value their employees, which is why they rank #461 in Forbes America’s Best Employers and #483 in Forbes Best Employers for Diversity

No matter whether you are a beginner, professional, or executive, cognizant has got you covered with various job profiles of your comfort:

  • Business Processes
  • Consulting
  • Corporate
  • Delivery Management
  • Digital
  • IT Infrastructure
  • Technology & Engineering

Check out their website careers.cognizant.com to apply for the same.

Frequently Asked Questions (FAQs) on Cognizant Business

Is Cognizant an MNC or BPO?

Cognizant is an American multinational IT and consultancy company that also provides BPO services.

Who is the owner of Cognizant?

Wijeyaraj Kumar Mahadeva Chairman and CEO.

Does Cognizant increase its salary?

Depending on the company’s plans, variable pay may be included in employees’ salaries to reduce costs, around 35% for mid-level staff.

What is the starting salary package in Cognizant?

Employees can expect a good start with 3-4 LPA.

Does Cognizant provide a welcome kit?

If Laptops and necessary equipment are included in goodies, then yes, otherwise no!

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