Cognizant, also known as Cognizant Technology Solutions Corporation, is a publicly owned company headquartered in Teaneck, New Jersey, United States. Founded in 1994, it provides IT services and IT consulting, employs approximately 351,530 individuals, and reported $21.1B in revenue as of 2025. The company originally started as an in-house technology unit for Dun & Bradstreet based in Chennai, India. By 1996, it began serving external clients and was spun off as an independent entity, eventually going public on the NASDAQ in 1998. Cognizant has grown through the dot-com boom, Y2K transition, and digital transformation eras. It operates as a Fortune 500 company with an operational footprint in India, serving global brands, including 30 of the top 30 biopharma companies and a majority of European banks.
On September 18, 2026, Singaravelu Ekambaram, Cognizant's SVP and Global Head of Delivery Americas, discussed the Build-Operate-Transfer (BOT) model's evolution, noting its two-decade dominance in Global Capability Center (GCC) establishment by offering enterprises a structured, lower-risk entry into India through partner-built capability and operational stability before handover. Earlier on the same day, Cognizant announced the successful implementation and go-live of its Application Management Services (AMS) under Axis Bank's AMS 2.0 initiative, aimed at strengthening application management for the private sector bank's stakeholders. Simultaneously, Anshuman, a marketing director at Cognizant, highlighted how artificial intelligence, via tools like ChatGPT or Microsoft Copilot, now pre-judges brands and shortlists vendors before sales teams are aware of an opportunity, influencing global audiences on AI strategy and enterprise transformation.
Cognizant's customers primarily consist of insurance, other media and hospitals and Health Care companies. Examples of Cognizant's customers include Bell Media, Fortrea and CNO Financial Group. Cognizant has commercial and technical partners like Omron Group, JG Summit Holdings and Telstra. Examples of Cognizant's suppliers include Google, ServiceNow and Oracle.
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