Cognizant Technology Solutions Corporation (NASDAQ: CTSH)
Information Technology Services · Teaneck, NJ, United States · Founded 1994
- Market capitalization: $35.0 billion
- Annual revenue: $21.11 billion
- Net income: $2.23 billion
- Employees: 350,000
- Sector: Technology
- Headquarters: Teaneck, United States
- Founded: 1994
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Cognizant is a US-headquartered IT services company with the bulk of its workforce in India. They provide consulting, digital transformation, and outsourcing services to healthcare, financial services, and other industries. The company has been trying to reposition from a cost-arbitrage player to a digital-first consultancy.
Time-and-materials and fixed-price contracts for IT services, application development, and business process outsourcing. Healthcare and financial services are the two largest verticals. The push into digital services (cloud, AI, analytics) aims to improve margins and growth.
Founded in 1994 as an in-house technology unit of Dun & Bradstreet, Cognizant was spun off and went public in 1998. They grew rapidly through the 2000s by undercutting Accenture and IBM on price. Activist investor Elliott Management pushed for changes in 2017, leading to a $3.4 billion share buyback and margin improvement program.
| Market Capitalization | $35.0B |
| Annual Revenue | $21.11B |
| Net Income | $2.23B |
| Profit Margin | 11% |
| Revenue per Employee | $60314K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | CTSH |
Financial data is approximate and based on most recent annual filings.
Cognizant is technically an American company but employs more people in India than in any other country. The company's content moderation work — reviewing disturbing material for social media platforms — has led to employee lawsuits over psychological harm.
Cognizant is stuck in the middle — not cheap enough to win on cost, not premium enough to win on brand. The digital pivot needs to accelerate.
What is Cognizant Technology Solutions Corporation's revenue?
Cognizant Technology Solutions Corporation generates approximately $21.11 billion in annual revenue.
How many employees does Cognizant Technology Solutions Corporation have?
Cognizant Technology Solutions Corporation employs approximately 350,000 people worldwide.
What is Cognizant Technology Solutions Corporation's market cap?
Cognizant Technology Solutions Corporation (CTSH) has a market capitalization of approximately $35.0 billion on the NASDAQ.
When was Cognizant Technology Solutions Corporation founded?
Cognizant Technology Solutions Corporation was founded in 1994 and is headquartered in Teaneck, NJ, United States.
Who is the CEO of Cognizant Technology Solutions Corporation?
Ravi Kumar S is the current CEO of Cognizant Technology Solutions Corporation.
What is Cognizant Technology Solutions Corporation's website?
Cognizant Technology Solutions Corporation's official website is cognizant.com.
| CEO | Ravi Kumar S |
| Sector | Technology |
| Industry | Information Technology Services |
| Founded | 1994 |
| HQ | Teaneck, NJ |
| Country | United States |
| Website | cognizant.com |
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