Cognizant Asia-Pacific

Cognizant Asia-Pacific Company Profile

THE SCOOP

Application awareness

Cognizant Technology Solutions is tier-one provider of Information Technology, consulting and business process services to world's leading companies. One of the fastest growing firms in the consulting and IT services industry, Cognizant serves top clients across key industry sectors (such as Banking, Financial Services and Insurance, Healthcare, Life Sciences, Manufacturing & Logistics, Retail & Consumer goods, Information, Media & Entertainment, among others). 

Cognizant delivers innovative solutions through consulting and IT services with an industry vertical focus. The firm's spectrum of consulting services (Business Strategy, Process and Operations Consulting, Technology Consulting and Business Analysis) is focused on driving transformation, innovation, and optimization for our clients. Cognizant drives and executes large business and IT transformation programs, and management consulting engagements, and also helps clients position better compared to their competitors by conceptualizing and building innovative solutions. With a  leadership team comprised of veterans of top tier consulting firms and the industry, Cognizant claims to be building "a global talent base to provide 'Tier 1' consulting services with a deep domain expertise."

 

Not your parents' outsourcing

The firm believes it offers a unique benefit to clients with its advanced on-site/offshore outsourcing model. Off-shoring, originally a means of taking care of low-impact business processes with inexpensive labor, was essentially a low-cost augmentation of staff. The practice has grown and developed, however, moving into systems of greater complexity and important production-based processes. Indeed, so far removed is what Cognizant offers from the initial portrayal of outsourcing as "cheap labor," the firm has been known to refer to its global delivery model as the "fourth generation" of outsourcing. While it retains the economic advantage and "follow the sun" capability (24/7 attention by passing work across time zones) of off-shoring, Cognizant has the additional ability to offer on-site teams with the sort of industry experience and advanced technology expertise that wouldn't have been found outside of Western markets in the early days of outsourcing. This makes it possible for projects of nearly any complexity or scale to be outsourced or completed on a global scale. 

Indeed, scale is not a problem the company seems to struggle with, in any sense of the word. Having started with just 175 employees back in 1994, the firm has grown rapidly ever since, passing the 100,000 barrier for the first time in 2010.

 

Friends in the industry

Cognizant also partners with some of the largest software and technology organizations in the world. It has forged strategic alliances with Microsoft, Oracle, SAP and IBM, and maintains technology-sharing partnerships with Adobe, HP, Sun Microsystems and other companies whose products and services enhance its own offerings. 

In 2008 the firm joined up with Germany's T-Systems-the enterprise customer division of Deutsche Telekom-to form a global systems integration alliance. Aimed primarily at catering to European corporations that have global delivery requirements for system integration services, the partnership is seen by both firms as an opportunity to greatly expand their businesses around the world. Under the terms of the deal, T-Systems' existing India unit-including around 1,150 staff-were transferred to Cognizant.

 

Keeping Busy

When Cognizant's professionals aren't at work on an engagement, they stay involved in the business by publishing research papers and studies. Cognizant frequently releases white papers; recent topics include the transition to new business models, a discussion on strategic cost optimization - driving innovation while reducing IT costs, the importance of big data analytics in banking and how to drive innovation through innovative IT services management The firm additionally participates in conferences, summits and other events year round.

 

Empowering through education

Cognizant continuously challenges itself to make a difference in areas such as education, the environment and employee development, health and safety. For example, the company has a major commitment to science, technology, engineering and math (STEM) education in the U.S., supporting 25 Making the Future after-school and summer programs in 2013, and helping to found US2020, which aims to mobilize one million volunteer STEM mentors annually by 2020. In 2013, Cognizant also made a three-year, $150,000 commitment to help fund university-sponsored STEM education programs at Texas A&M University.   

In June 2014, Cognizant announced that it will triple the size of its 'Making the Future' program to expand and enhance STEM education in the U.S. As part of its commitment to ensuring that the U.S. has a skilled, knowledge-based workforce that can continue to meet the challenges of the global knowledge economy, Cognizant will support 1.5 million hours of 'making' program activities and events to serve 25,000 children in 200 communities by 2017. 

Cognizant's Project Outreach volunteer program supports a range of learning initiatives in India and other countries, with over 57,000 associates dedicating more than 247,300 hours to mentoring, career counseling and talent development efforts in 2013. Cognizant Foundation has funded 18 education projects, covering engineering scholarships, school improvements and other resources, and 14 healthcare projects, such as eye-care screening programs.

 

IN THE NEWS 

June 2014

Cognizant Ranks #308 in Fortune 500 2014, Jumps 44 Places

Cognizant ranked #308 on the Fortune 500 in 2014, up 44 places from #352 in 2013. The Fortune 500 is Fortune magazine's annual ranking of the largest corporations in the United States. Cognizant's current ranking is based on the company's FY2013 revenue of $8.843 billion. Cognizant debuted on the Fortune 500 ranking in the year 2011 (based on its revenue for FY 2010) at #484 and has consistently moved up the ranking since then.

 

April 2014

InformationWeek: Cognizant Ranks Among the Top 50 on the 2014 InformationWeek Elite 100

Cognizant debuted among the Top 50 on this year's InformationWeek Elite 100, a list of the top business technology innovators in the U.S. The InformationWeek Elite 100 corporate rankings are one of the industry's most prestigious awards. The theme of the 2014 InformationWeek Elite 100 is digital business: a movement rooted in data analytics, mobile computing, social networking and other customer-focused technologies that are turning companies and industries on their ear.This is InformationWeek's 26th year identifying and honoring the nation's most innovative users of information technology. For 2014, this assessment was narrowed to a more elite 100 organizations. InformationWeek Elite 100 research tracks the technology-based investments, strategies, and results of some of the best-known organizations in the country. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation.

 

March 2014

Cognizant CEO Among Glassdoor's 50 highest-rated CEOs

Cognizant CEO Francisco D'Souza made the annual Glassdoor ranking of 50 highest-rated CEOs for the second consecutive year. In the 2014 ranking, he ranked #24. Cognizant was the only IT services company on the list. D'Souza also figured among the top ten highest-rated tech CEOs.

 

Feb 27, 2014

Fortune: Cognizant Named to Fortune Magazine's World's Most Admired Companies List for the Sixth Year in a Row

Cognizant was named to Fortune magazine's World's Most Admired Companies list for the sixth year in a row. The company ranked third in the Information Technology Services industry category with an overall score of 6.82. Fortune's Most Admired Companies list is considered a definitive report card on corporate reputations. The study examines nine attributes of reputation: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products/services, and global competitiveness. A total of 692 companies from 30 countries were surveyed.

 

Feb 2014

Cognizant Recognized in IDC MarketScape as a Leader in IT and BPO Services Across the Entire Life Sciences Value Chain: Research and Development, Manufacturing and Supply Chain, and Sales and Marketing; Cognizant Also Named a Leader in Strategic Consulting in Manufacturing and Supply Chain, and Sales and Marketing

Cognizant announced that it has been positioned as a "Leader" in the IDC Health Insights "IDC MarketScape" worldwide IT and BPO vendor assessments* across the entire life sciences value chain: Research and Development, Manufacturing and Supply Chain, and Sales and Marketing. Cognizant was also named a "Leader" in Strategic Consulting across Manufacturing and Supply Chain, and Sales and Marketing. The evaluations were based on a comprehensive framework, and assessed service providers across key characteristics, including functionality or offering road map, delivery model, portfolio strategy, customer base, go-to-market capabilities, customer references, pricing model, sales/distribution strategy, marketing strategy, engagement capabilities, growth strategy, financial and funding model, employee strategy, and innovation/R&D pace and productivity. 

Based on feedback from multiple customer references, Cognizant scored high marks for technical skills, project/account management capabilities, understanding of clients' business needs, ability to rapidly staff projects to minimize business disruption, and overall value delivered to clients.

"Being the only company to be positioned as a Leader in eight of the nine reports spanning the life sciences value chain validates our extensive industry experience and integrated service capability to help life sciences companies remain competitive for the future," said Shankar Narayanan, Vice President of Cognizant's Life Sciences practice.

Read more.

 

December 2013

CareerBliss: Cognizant Ranks Among the Top 25 Happiest Companies in America for the Second Consecutive Year

For the second year running, Cognizant ranked among the 25 Happiest Companies in America across industry segments. Cognizant was #12 among CareerBliss' 50 Happiest Companies in America for 2014 with a "bliss score" of 4.04 on a scale of 5. The 50 Happiest Companies in America is an annual awards list of the companies that keep their employees the happiest. Cognizant debuted on the list in 2012. The winners are voted by their very own employees as a happy, rewarding place to work. "Employees working at Cognizant will find that Cognizant careers are rewarding in numerous aspects," writes CareerBliss. "Each year thousands of employees visit CareerBliss to rank and evaluate their employer. We are honored to be able to award the companies that lead the way in providing happy work environments and truly value their employees," says Heidi Golledge, Chief Happiness Officer and co-founder of CareerBliss. 

To determine the top happiest companies, CareerBliss analyzed thousands of independent employee-submitted reviews across hundreds of companies. Employees were asked to rate their employers on several key happiness factors at work, including work-life balance, company culture, compensation, people they worked with, and growth opportunities. Each employee review was given an average score between one and five. These scores were tabulated to produce a company's overall rating, or "bliss score," with a higher score indicating happier employees.

 

November 2013

Cognizant Among Top 5 Global Financial Technology Providers on FinTech 100

Cognizant ranked fifth on the FinTech 100, an annual international ranking of the top technology providers to financial services companies worldwide as named by American Banker, Bank Technology News, and IDC Financial ranking's debut in 2006. The FinTech 100 represents an elite group of companies that derive at least 33 percent of their revenue from the financial services industry. Developed by American Banker and Bank Insights. This marked the eighth consecutive year Cognizant has been on the FinTech 100 since the Technology News in conjunction with Financial Insights, an IDC company, the ranking is categorized and evaluated based on 2012 calendar year-end revenues and the percentage of revenues exclusively attributed to financial services. Financial Services is one of the key industry sectors served by Cognizant and represented 41.3 percent of Cognizant's revenue in calendar year 2012. Read more.

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Cognizant Asia-Pacific


500 Frank West Burr Boulevard
Teaneck, NJ 07666
Phone: +1 (201) 801-0233
Fax: +1 (201) 801-0243
www.cognizant.com

STATS


  • Employer Type: Public
  • Stock Symbol: CTSH
  • Stock Exchange: NASDAQ
  • President & CEO: Francisco D'Souza
  • 2014 Employees: 187,400

  • Employment Contact

    Visit Cognizant's careers page


  • Major Departments & Practices

    Strategy Consulting

    Business Model and Future of Work

    Merger and Acquisition Strategy

    Merger Integration and Divestiture Services

    Digital Strategy and Innovation

    Business and Technology Strategy Alignment

    Business Consulting

    Finance Transformation

    HR Consulting

    CMO and Marketing

    Data and Analytics

    Target Operating Model

    Operations Consulting

    Business Process Improvement and Reengineering

    Operations Strategy

    Global Sourcing Transformation

    Supply Chain Management

    Change Management

    IT/Technology Consulting

    IT Strategy and Transformation

    IT Digital Strategy and Architecture

    IT Cost Optimization

    SMAC Advisory (Social, Mobile, Analytics, Cloud)

    Enterprise Architecture Consulting

    IT Process Quality Engineering and Transformation

    Program Management

    Program Advisory and Management Services

    Program Audits

    Risk Planning and Mitigation

    Large-scale Portfolio Management and Prioritization Services

    Solution Design

Major Office Locations

  • Teaneck, NJ (HQ)
  • More than 75 development and delivery centers worldwide

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