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Cognizant saw a period of fast growth during the 2000s, becoming a Fortune 500 company in 2011. In
2011, the Fortune magazine named it as the world’s third most admired IT services company after
Accenture and IBM.
Cognizant provides information technology, consulting and BPO services. These include business &
technology consulting, systems integration, application development & maintenance, IT infrastructure
services, analytics, business intelligence, data warehousing, CRM, supply chain management,
engineering & manufacturing Solutions, ERP, R&D outsourcing, and testing solutions.
Like many other IT services firms, Cognizant follows a global delivery model based on offshore software
R&D and offshore outsourcing. The company has a number of offshore development centers outside the
United States and near-shore centers in the U.S., Europe and South America. The company focus on
specific industries such as Banking & Financial Services, Insurance, Healthcare, Manufacturing and Retail
and they also focus on specific technologies or process areas such as Analytics, mobile computing, BPO
and Testing.
In the 2012 earnings announcements, the CEO Frank D’Souza categorized the company’s service
offerings in three groups: Horizon 1 (application development and maintenance), Horizon 2 (BPO, IT
Infrastructure Services & business consulting) and Horizon 3 (“SMAC” – Social, Mobile, Analytics and
Cloud).[33] As of September 2012, the Horizon 1 services accounted for over 75% of the company’s
revenues and Horizon 2 services about 20%.
Cognizant’s single-minded mission is to dedicate our business process and technology innovation know-
how, deep industry expertise and worldwide resources to working together with clients to make their
businesses stronger.
Transparency
Passion
Empowerment
Collaboration
Integrity
Customer Focus