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Home business model

Cognizant Technology Solutions Business Model

satnam by satnam
August 18, 2022
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Cognizant Technology Solutions Business Model
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Introduction

Table of Contents

  • Introduction
  • Cognizant Technology Solutions pros and cons
  • Features of Cognizant Technology Solutions
  • Future of Cognizant Technology Solutions
  • Information about Cognizant Technology Solutions.
  • Conclusion
        • Author: satnam

Cognizant Technology Solutions, or CTS, is a global consulting and outsourcing company that provides IT services to clients. The company was founded in India in 1988 by Krishna Kumar Malhotra as Computational Center. It was originally an IT consulting firm that focused on information technology outsourcing (ITO). As its name suggests, it focused on providing computational services to clients. In the early 1990s, the company evolved into CTIS Corporation and moved its headquarters from New Delhi to Teaneck, New Jersey. Cognizant would go on to change hands many times before ultimately being acquired by Francisco Partners Management LP for $8-billion USD in 2016.”

Cognizant Technology Solutions pros and cons

Cognizant Technology Solutions is a multinational corporation which provides IT services and business process outsourcing. It has a strong presence in the United States, Europe, Asia Pacific and India.

Pros:

  • It is a global IT services company with offices in over 30 countries including Australia, China, France, Germany and Japan.
  • The company has an employee base of over 250,000 people across all its locations globally which makes it one of the largest employers in this sector globally.

Features of Cognizant Technology Solutions

  • Cognizant Technology Solutions (CTS) is a leading provider of information technology, consulting and business process outsourcing services.
  • It was founded in 1994 and is headquartered in Teaneck, New Jersey. CTS employs over 190,000 professionals at offices worldwide.
  • CTS provides digital transformation services to help their clients navigate change so they can realize new possibilities for growth and success.

Future of Cognizant Technology Solutions

Cognizant Technology Solutions is a global provider of information technology, consulting, and business process outsourcing services. Cognizant Technology Solutions is the third largest IT services company in the world. It has over 250,000 employees worldwide with offices across North America, Europe, Asia Pacific, Latin America and the Middle East.

Cognizant Technology Solutions provides its customers with end-to-end solutions that leverage disruptive technologies such as cloud computing; mobility; social media; big data analytics; security solutions; advanced analytics solutions from Oracle Corporation etc., enabling them to transform their businesses towards Digital Enterprise™ model for future success.

The company has been recognized by various organizations including Fortune Magazine’s list of “100 Best Companies to Work For” every year since 2000 (11 times)

Information about Cognizant Technology Solutions.

Cognizant Technology Solutions is a global IT services company. It provides consulting, systems integration and business process outsourcing services to Fortune 500 companies in the manufacturing, financial services and healthcare industries.

Cognizant is headquartered in Teaneck, New Jersey,[7] United States with offices located throughout the world. In 2016–17 it was ranked 9th among India’s most reputed companies by Fortune India 500 list.[8] As of 2014[update], Cognizant had more than 250 delivery centers across North America; Europe; Asia Pacific; Latin America; Africa/Mideast.[9][10] Its global headquarters are in Teaneck, New Jersey with support offices for sales and marketing located in St. Louis Park (Minnesota), Minnesota; San Diego (California), California; Dallas (Texas), Texas; Alpharetta (Georgia), Georgia & Burlington(Vermont). It also has development centers at Chennai & Secunderabad(India) Pune&Mumbai(India)

Conclusion

Cognizant Technology Solutions is a great company and offers many opportunities for its employees. The company has grown steadily over the years, and it has been able to keep up with the changing times thanks to its innovative approach. As technology continues to evolve at an exponential rate, Cognizant will need to stay ahead of the curve by embracing new ways of doing business as well as keeping its customers happy so that they don’t leave for another provider who may offer better services at lower costs (or vice versa).

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Comcast Business Model – A Complete Guide

satnam
Author: satnam

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