Cognizant Technology Solutions has been enlisted among the list of first 100 fastest growing companies, consecutively for the fifth time in the year 2007. it is the only company of today which has got 'Five Year all Stars' recognition in 2007. Business Week has also enlisted Cognizant Technology Solutions, within top 10 Hot Growth Technology Companies. It was ranked sixth in this list. Among all the information technology companies of today, Cognizant Technology Solutions is regarded as the number 1 company.
Cognizant Technology Solutions was established in the year 1994 in the name of Dun and Bradstreet Satyam Software. At that time, it was the in house center for technology development of Dun and Bradstreet Corporation along with its operating units. At first, it was a joint venture of Satyam Computer Services Limited and Dun and Bradstreet Corporation. After Dun and Bradstreet Corporation split up, this company became a part of Cognizant corporation, in the year 1996. In the month of June in 1998, Cognizant Corporation again split up and became 2 companies completely independent. It was also listed in NASDAQ in the same year.
In spite of being the headquarters in New Jersey, USA, most of the employees of Cognizant Technology Solutions are at Chennai in Tamil Nadu. Other offices of Cognizant Technology Solutions are in the cities of Hyderabad, Bangalore, Coimbatore, Mumbai, Kolkata, Cochin and Pune. It is also in the development stage in China, Shanghai and Amsterdam. There are over 45 thousand employees in Cognizant Technology Solutions. It is the first company in whole world to get the certificate of CMMI-Level5 according to the latest model.
Cognizant Technology Solutions serves a lot of sectors and so they have clients in a number of sectors, which are listed below:
- Healthcare
- Banking and Financial Services
- Telecommunications
- Manufacturing and Logistics
- Insurance
- Information, Media and Entertainment
- Retail
- New Technology
- Life Sciences
- Hospitality
Along with this, Cognizant Technology Solutions also is providing technology services through the horizontal expertise like CRM, BPO, ERP, Data Warehousing and Business Intelligence, etcetera.
Being a prominent information technology company, it is quite obvious that it will have to face competitions. The competitive companies of Cognizant Technology Solutions are Wipro, HCL Technologies, Accenture, IBM, Infosys, Satyam, Tata Consultancy Services and Siemens IT Solutions and Services.
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