Top 10 Information Technology (IT) Companies in World 2015
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7. Cognizant Technology Solutions
Headquartered in Teaneck, New Jersey (U.S.), Cognizant has set an example for technology innovation, client satisfaction, deep industry and business process expertise.
Headquartered in Teaneck, New Jersey (U.S.), Cognizant has set an example for technology innovation, client satisfaction, deep industry and business process expertise. Cognizant is a member of the S&P 500, the NASDAQ-100 and the Fortune 500.
CTS is one of the top performing and fastest growing companies in the world. Originally it was founded in 1994 by Wijeyaraj Kumar Mahadeva and Francisco D'Souza as a technology unit of Dun & Bradstreet.
Cognizant Technology Solutions Corp. offers information technology, consulting and business process outsourcing services. Its core competencies include Business, Process, Operations and IT Consulting, Application Development and Systems Integration, Enterprise Information Management, Application Testing, Application Maintenance, IT Infrastructure Services and Business Process Services.
The company has four segments of operation: Financial Services, Healthcare, Manufacturing, Retail and Logistics, and Other. The Financial Services segment addresses clients providing transaction processing, capital markets and insurance services. The Healthcare segment includes healthcare providers as well as life sciences customers. The Manufacturing, Retail and Logistics segment addresses manufacturers, retailers, travel and hospitality customers, as well as logistics providers. The Other segment is an aggregation of industry segments comprising of entertainment, media and information services, communications and high technology operating segments. It has a global delivery model based on offshore software research and development, and offshore outsourcing.
In September 2014, Cognizant Technology Solutions Corp acquired TriZetto Corp, a healthcare IT services provider, for $2.7 billion. Cognizant Shares, rose nearly 3 percent in premarket trading.