Cognizant

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Template:Redirect Template:For-text Template:Infobox company Cognizant is an American multinational information technology services and consulting company. It is headquartered in Teaneck, New Jersey, U.S. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded as an in-house technology unit of Dun & Bradstreet in 1994,[1] and started serving external clients in 1996.[1]

After a series of corporate re-organizations, there was an initial public offering in 1998.[2]

Cognizant had a period of fast growth during the 2000s and became a Fortune 500 company in 2011; as of 2021, it is ranked 185.[3]

History

Cognizant was established in 1994 in Chennai, India, as Dun & Bradstreet Satyam Software (DBSS), a 76:24 joint venture between Dun & Bradstreet and Satyam Computer Services, with Srini Raju as the founding CEO and MD.[4][5] It began with 50 employees in Chennai as Dun & Bradstreet's in-house technology unit focused on implementing large-scale IT projects for Dun & Bradstreet businesses.[6] In 1996, the company started pursuing customers beyond Dun & Bradstreet.[7]

In 1996, Dun & Bradstreet spun off several of its subsidiaries including Erisco, IMS International, Nielsen Media Research, Pilot Software, Strategic Technologies and DBSS, to form a new company called Cognizant Corporation, headquartered in Chennai, India. Three months later, in 1997, DBSS renamed itself to Cognizant Technology Solutions. In July 1997, Dun & Bradstreet bought Satyam's 24% stake in DBSS for $3.4 million.[8][9] Headquarters were moved to the United States, and in March 1998, Kumar Mahadeva was named CEO.[10] Operating as a division of the Cognizant Corporation, the company focused on Y2K-related projects and web development.[11]

In 1998, the parent company, Cognizant Corporation, split into two companies: IMS Health and Nielsen Media Research.[12] After this restructuring, Cognizant Technology Solutions became a public subsidiary of IMS Health. In June 1998, IMS Health partially spun off the company, conducting an initial public offering of the Cognizant stock. The company raised $34 million, less than what the IMS Health underwriters had hoped. They earmarked the money for debt payments and upgrading company offices.[11]

Kumar Mahadeva decided to reduce the company's dependence on Y2K projects: by Q1 1999, 26% of company's revenues came from Y2K projects, compared with 49% in early 1998. Believing that the $16.6 billion enterprise resource planning software market was saturated, Kumar Mahadeva decided to refrain from large-scale ERP implementation projects. Instead, he focused on applications management, which accounted for 37% of Cognizant's revenue in Q1 1999.[7] Cognizant's revenues in 2002 were $229 million, and the company had zero debt with $100 million in the bank.[11] During the dotcom bust, the company grew by taking on the maintenance projects that larger IT services companies did not want.

Cognizant's old logo
Cognizant's old logo
Cognizant's logo until 2022 March
Cognizant's logo until 2022 March from 2018

In 2003, IMS Health sold its entire 56% stake in Cognizant, which instituted a poison pill provision to prevent hostile takeover attempts.[11][13] Kumar Mahadeva resigned as the CEO in 2003, and was replaced by Lakshmi Narayanan.[14] Gradually, the company's services portfolio expanded across the IT services landscape and into business process outsourcing (BPO) and business consulting. Lakshmi Narayanan was succeeded by Francisco D'Souza in 2006. Cognizant experienced a period of fast growth during the 2000s, as reflected by its appearance in Fortune magazine's "100 Fastest-Growing Companies" list for ten consecutive years from 2003 to 2012.[15][16]

In September 2014, Cognizant struck its biggest deal, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion.[17] Cognizant Shares, rose nearly 3 percent in pre-market trading.[18]

On 24 June 2015, the company signed a multimillion-dollar agreement with Escorts Group in India to help Escorts' businesses in digital transformation and modernizing its operations across all business segments.[19]

On 30 June 2015, it partnered with Singapore-based supermarket retailer NTUC FairPrice to perform digital transformation in NTUC's business to improve personalized and consistent customer service across multiple channels.[20]

In January 2022, Cognizant sold its acquisition Oy Samlink to Kyndryl and Mustache to DJE Holdings.[21][22]

Acquisitions

Company acquired Country Date Business Reference
Mobica Template:Flagicon UK January 2023 Internet of Things (IoT) [23]
Utegration Template:Flagicon USA December 2022 SAP capabilities for Energy & Utilities [24]
AustinCSI Template:Flagicon USA November 2022 Digital Transformation [25]
Onesource Virtual Template:Flagicon USA November 2022 Professional services and application management practices (Workday) [26]
DevBridge Template:Flagicon USA December 2021 Digital Engineering [27]
Hunter Technical Resources Template:Flagicon USA August 2021 Digital Engineering [28]
TQS Integration Ltd. Template:Flagicon USA July 2021 Data Analytics, Industry 4.0 [29]
ESG Mobility Template:Flagicon Germany March 2021 Connected cars, IoT [30]
Magenic Technologies Template:Flagicon USA January 2021 Agile Software and Cloud Development, DevOps [31]
Linium Template:Flagicon USA January 2021 ServiceNow [32]
Servian Template:Flagicon Australia January 2021 Data Analytics, Artificial Intelligence [33]
Inawisdom Template:Flagicon UK December 2020 AI, Machine Learning [34]
Bright Wolf Template:Flagicon USA October 2020 Internet of Things (IoT) [35]
10th Magnitude Template:Flagicon USA September 2020 Microsoft Azure [36]
Tin Roof Software Template:Flagicon USA August 2020 DevOps, Software Engineering [37]
New Signature Template:Flagicon USA July 2020 Microsoft Cloud Provider [38]
Collaborative Solutions Template:Flagicon USA May 2020 HR and Finance Cloud Provider [39]
Lev Template:Flagicon USA March 2020 Enterprise Digital Marketing [40]
EI-Technologies Template:Flagicon France February 2020 CRM Consulting [41]
Code Zero Template:Flagicon USA February 2020 CRM Consulting [42]
Contino Template:Flagicon UK October 2019 Digital Transformation (DevSecOps/Data/Cloud) [43]
Zenith Technologies Template:Flagicon Ireland June 2019 Life Sciences Automation [44]
Meritsoft Template:Flagicon Ireland March 2019 Fintech [45]
Oy Samlink Template:Flagicon Finland January 2019 Technology Provider [46]
Mustache Template:Flagicon USA December 2018 Digital Agency [47]
Softvision Template:Flagicon USA October 2018 Digital Solutions [48]
Advanced Technology Group Template:Flagicon USA September 2018 CRM Consulting [49]
SaaSFocus Template:Flagicon India August 2018 CRM Consulting [50]
Hedera Consulting Template:Flagicon Belgium May 2018 Consulting [51]
Bolder Healthcare Solutions Template:Flagicon USA March 2018 Health Care IT [52]
Zone Template:Flagicon UK October 2017 Digital Agency [53]
Netcentric Template:Flagicon Switzerland October 2017 Digital Marketing [54]
T2C | Top Tier Consulting Template:Flagicon USA September 2017 Healthcare Consulting [55]
TMG Health Template:Flagicon USA June 2017 Health Care IT [56]
BrilliantService Template:Flagicon Japan March 2017 Intelligent Products, Internet of things [57]
Adaptra Template:Flagicon Australia December 2016 Insurance Consulting, Project Management [58]
Nova IT Template:Flagicon Australia December 2016 HR Services [59]
KIS Information Services (KIS) Template:Flagicon Germany December 2016 IT Services [60]
Mirabeau BV Template:Flagicon Netherlands November 2016 Digital Marketing, Customer Experience [61]
Frontica Business Solutions Template:Flagicon Norway October 2016 IT Services & Solutions [62][63]
Idea Couture Template:Flagicon Canada July 2016 Digital Services (Innovation and Experience Design) [64]
Heliocentric Template:Flagicon El Salvador May 2016 BPO Services [65]
Quick Left Inc. Template:Flagicon USA May 2016 Mobile & Web Apps [66]
ReD Associates Template:Flagicon Denmark April 2016 Market Research [67]
KBACE Technologies Template:Flagicon USA January 2016 Oracle Cloud, ERP [68]
Storebrand Baltic Template:Flagicon Lithuania Nov 2015 Lithuanian IT unit of Norway's Storebrand [69]
CNO Financial Group (India) Template:Flagicon India Feb 2015 IT Application Development [70]
Odecee Template:Flagicon Australia November 2014 IT, Consulting and BPO services [71]
Cadient Group Template:Flagicon USA October 2014 Digital Healthcare [72]
TriZetto Corp Template:Flagicon USA September 2014 Healthcare Payer Software, Provider Revenue Cycle Software (Consulting, Software, BPO, Hosting) [73]
itaas Interactive TV Solutions Template:Flagicon USA April 2014 Digital Video services [74]
ValueSource Technologies Template:Flagicon India October 2013 IT services [75]
Equinox Consulting Template:Flagicon France October 2013 Financial Services Consulting Firm [76]
SourceNet Solutions Template:Flagicon USA May 2013 BPS for Finance & Accounting [77]
QBridge Template:Flagicon USA Jan 2013 Marketing Automation [78][79]
C1 group (6 companies) Template:Flagicon Germany December 2012 btconsult gbbb [process and technology consulting, SAP]; C:1 Solutions GmbH [consulting and enterprise solutions: SAP, BPM, ECM, ERM]; psc Management Consulting GmbH [process and technology consulting]; C:1 SetCon GmbH [software engineering and testing]; Enterprise Services AG [a Swiss company focused on process and IT consulting]; C:1 Holding GmbH [80]
Medicall Template:FlagiconPhilippines November 2012 Medical Transcription [81]
Excellence Data Research Template:Flagicon India August 2012 Market Research [82]
ING US Template:Flagicon USA June 2012 Technology [83]
Zaffera Template:Flagicon USA September 2011 SAP Consulting [84]
CoreLogic India Template:Flagicon India July 2011 Mortgage processing [85]
Galileo Performance Template:Flagicon France June 2010 Consulting related to the measurement, management and continuous optimization of IT system performance [86]
PIPC Group Template:Flagicon UK May 2010 Program & Project Management Consulting [87]
UBS India Service Center Template:Flagicon India October 2009 Business process outsourcing, industry research [88]
Pepperweed Advisors Template:Flagicon USA September 2009 Business Consulting, Program Management [89]
Invensys Rail R&D India & Invensys Operations Managed R&D Center India Template:Flagicon India July 2009 Product Research & Engineering, Manufacturing [90]
Active Intelligence Template:Flagicon Canada February 2009 Consulting, implementation and support services for Oracle Retail Merchandising, Planning and Optimization suite [91]
Strategic Vision Consulting Template:Flagicon USA June 2008 Business Consulting for media and entertainment companies [92]
T-Systems India Template:Flagicon Germany March 2008 System Integration [93]
marketRx Template:Flagicon USA November 2007 Life Sciences Analytics, healthcare KPO [94]
AimNet Template:Flagicon USA September 2006 IT infrastructure services [95]
Fathom Consulting Template:Flagicon Canada April 2005 Telecom & Automotive IT Services [96]
Ygyan Consulting Template:Flagicon India February 2004 SAP consulting [97]
Infopulse Template:Flagicon Netherlands December 2003 IT services [98]
Aces International Template:Flagicon USA April 2003 Siebel CRM consulting [96]
American Express Travel-related Services account from Silverline Technologies Template:Flagicon USA Sep 2002 Financial services [99]
UnitedHealthcare Ireland Limited Template:Flagicon Ireland June 2002 Healthcare services (a subsidiary of the UnitedHealth Group) [100]

Business model

File:Cognizant-Chennai.jpg
Cognizant's original corporate headquarters in Chennai, now an offshore delivery center

Like many other IT services firms,Template:Citation needed 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.Template:Citation needed

File:Cognizant OOH Ad Bangalore.jpg
Cognizant's out of home (OOH) advertisement in Bengaluru

In its early years, Cognizant gained business from a number of American and European companies with the help of the Dun & Bradstreet brand. The company's senior executives envisaged the firm as a provider of high-end customer services on-par with the six contemporary major system integrators (Accenture, BearingPoint, Capgemini, Ernst & Young, Deloitte and IBM), but at lower prices.[101]

Operations

Regions

The company has 318,400[102] employees globally, of which over 200,000 are in India across 10 locations with a plurality in Chennai.[103] On 20 Jan, 1994, Cognizant registered its branch in Chennai, Tamil Nadu, India with the legal name Cognizant Technology Solutions India Private Limited. The other centers of the company are in Bangalore, Chennai, Coimbatore, Gurgaon, Noida, Hyderabad, Kochi, Kolkata,[104] Mangalore, Mumbai and Pune. The company has local, regional, and global delivery centers in the UK, Australia, Hungary, Netherlands, Spain, China, Philippines, Canada, Brazil, Argentina, Mexico etc.[105] [106]

Business units

Cognizant is organized into several verticals and horizontal units. The vertical units focus on specific industries such as Banking & Financial Services, Insurance, Healthcare, Manufacturing and Retail. The horizontal units focus on specific technologies or process areas such as Analytics, mobile computing, BPO and Testing. Both horizontal and vertical units have business consultants, who form the organization-wide Cognizant Consulting team together. Cognizant is among the largest recruiters of MBAs in the industry; they are involved in business development and business analysis for IT services projects.

Corporate affairs

File:Cognizant's Delivery Center in Chennai -TCO.jpg
Cognizant's Delivery Center in Chennai

Management

Cognizant is currently led by Ravi Kumar S (CEO) from Jan 2023. Brian Humphries (Ex-CEO), Jan Siegmund (CFO) and Rajesh Nambiar (President, Digital Business & Technology).[107]

On 1 April 2019, Francisco D'Souza was replaced by Brian Humphries as the CEO.

On 12 January 2023, Brian Humphries was replaced by former Infosys President, Ravi Kumar Singisetti as the CEO.

Finance

Year Fortune 500 rank
2022 194[108]
2021 185[109]
2020 194[110]
2019 193[111]
2018 195[112]
2017 205[113]
2016 230[114]
2015 288[115]
2014 308[116]
2013 352[117]
2012 398[118]
2011 484[119]

Cognizant was listed on NASDAQ in 1998, and added to the NASDAQ-100 Index in 2004. After the close of trading on 16 November 2006, Cognizant moved from the mid cap S&P 400 to the S&P 500.[120] Cognizant became a Fortune 500 company in 2011.[121]

Corporate social responsibility

Cognizant's philanthropic and corporate social responsibility (CSR) initiatives are conducted through the Cognizant employees for the financial and administrative support of the Cognizant Foundation.[122][123] Registered in March 2005 as a "Charitable Company" under the Indian Companies Act, the Cognizant Foundation aims to help "unprivileged members of society gain access to quality education and healthcare by providing financial and technical support; designing and implementing educational and healthcare improvement programs; and partnering with Non-Government Organizations (NGOs), educational institutions, healthcare institutions, government agencies and corporations".

Cognizant has a grassroots corporate social responsibility project called Outreach, through which the volunteer employees lend their expertise for devising skill-building and workforce programs to improve the operations of NGOs.[124][125]

Awards

In 2015, the Fortune named it as the world's fourth most admired IT services company.[126] In 2017, Cognizant was named in FortuneTemplate:'s Future 50 list.[127]

Sponsorships

Over the year 2021, Cognizant signed multiple sponsorship agreements with sports, sailing and racing teams.

In January 2021, the newly rebranded Aston Martin Formula One team announced Cognizant as their title sponsor for the 2021 Formula One World Championship and beyond.[128][129] In February 2021, Cognizant signed a sponsorship deal with the PGA TOUR and LPGA Tour to become a Global Partner of the Presidents Cup and a title partner of the LPGA Tour’s Founders Cup.[130]

Later in the same year, in April, Cognizant signed an agreement to be SailGP's digital transformation partner.[131] In June, Cognizant also became the Presenting Partner of THE JOHN SHIPPEN Shoot-Out Inaugural Golf Event.[132]

Criticism and controversies

India

Bribery

Larsen & Toubro Ltd (L&T) paid million in bribes to Indian government officials on behalf of Cognizant Technology Solutions Corp. to secure permits, ranging from environmental clearance to power. L&T has made illicit payments and Cognizant reimbursed the money by disguising it as compensation for cost overruns.[133]

Companies Act violations

In March 2019, significant publicity was raised because Cognizant repetitively violated the directives of the Registrar of Companies. The Company "has moved [sic] the Madras High Court fearing possibility of criminal prosecution being launched against it by [the] Registrar of Companies for alleged violation of the provisions of the Companies Act of 2013 and the Companies (Appointment and Disqualification of Directors) Rules of 2014." One of those questions was as to why the company had not disclosed complete information on stock options of its parent holding company — CTS Corporation in the United States — having been given to the employees, including its directors, and the payments running to several hundred crores of rupees (approx US $40 million) having been paid to the parent company in the US towards stock compensating recharge.[134]

Discrimination

In 2018, a race discrimination suit was brought: "Three hundred former employees claim they were forced out of their jobs and replaced with 'less qualified' Indians after being poorly treated by their Indian supervisors and colleagues, given unjustifiably low performance ratings and denied promotions." Cognizant said it was "national origin" and not race.[135]

Layoffs

200 senior executives, above the Director's Level were dismissed because they were not able to catch up with the latest technologies. The number of the executives that were dismissed is unusually high and questions the ability of the company to catch up with the latest technologies.[136]

In 2017, eight employees filed petitions with the labor department, complaining Cognizant forced them to resign as part of a performance-based review. The labor department closed the case in favor of employees and advised company management to give one more opportunity for the petitioners to prove themselves. At the time Cognizant had also rolled out a ‘voluntary separation program’ for directors, associate vice-presidents and senior VP's which offed them 6–9 months of their salary.[137]

In 2017, approximately 6000 Cognizant employees in Hyderabad/Bangalore/Chennai lost their job as a part of company's annual performance review process.[138]

Tax evasion

The Income Tax department has frozen Cognizant Technology Solutions Corp's bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT). A Cognizant spokesman confirmed the report and said in a statement that a court has instructed the tax department not to take further action pending further hearings. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016–17 financial year, according to The Hindu, citing officials from the tax department.[139]

The court asked the company to deposit 15 percent of the disputed tax, amounting to 4.9 billion rupees ($75 million) as security deposit till it decides on the case.[140]

Ireland

Working conditions

In February 2018 the UK and Irish press expressed concerns about contractors employed by Cognizant in Dublin as part of the outsourcing contract with Google about the conditions of employment in relationship to compensation and basic employment allowances like sick leave.[141]

United States

Corruption

In 2016, Cognizant announced that it was cooperating with US authorities in an investigation related to the Foreign Corrupt Practices Act, and carrying out its own probe to determine whether some payments made in India breached the law. The company also said President Gordon Coburn had resigned and would be replaced by Rajeev Mehta.[142]

Crawford & Company lawsuit

Cognizant has been sued by Crawford & Company, the US-based independent providers of insurance claims-handling services, for alleged breach of contract. Cognizant had been mandated by Crawford to implement PeopleSoft Financials software as part of an ERP project called Project Atlas that it was critical to Crawford's operations. Project Atlas included components for both internal operations and client-facing services.[143]

Wage theft and H-1B visa violations

Cognizant leads the ranks of companies receiving H-1B visas from the United States. The company has been steadily increasing its U.S. work force. In January 2011, the company announced plans to expand its U.S. delivery centers, including a new 1,000-person (0.4% of worldwide workforce) facility in Phoenix, Arizona.[144] In February 2011, Cognizant said it had 60 full-time recruiters actively hiring in the U.S.[145]

In 2009, an investigation by the US Department of Labor (DoL) found Cognizant in violation of the H-1B provisions of the Immigration and Nationality Administrative Act. The DoL discovered that the company had stolen wages and benefits from 67 of its workers, for which they demanded they repay $509,607 in back wages. Joseph Petrecca, the director of the Wage and Hour Division's Northern New Jersey District Office noted that the company took immediate steps to correct the violations, saying the "level of cooperation sets a standard for others in the industry."[146]

In 2016, the company was the subject of a lawsuit by workers for Walt Disney World who said workers from India were brought into the United States on H-1B visas in order to replace them.[147] However, in October 2016, federal Judge Gregory A. Presnel of the United States District Court in Orlando dismissed the lawsuits, stating "none of the allegedly false statements put at issue in the complaint are adequate."[148]

Cognizant was also required to pay $5.7 million in back pay and fines in a U.S. District Court ruling for a class action lawsuit. The lawsuit claimed that Cognizant did not provide quality assurance analysts the full value of their overtime pay.[149]

Working conditions and mental health issues

Template:See also In February 2019, an investigative report by The Verge described poor working conditions in Cognizant's Phoenix, Arizona, office.[150] Cognizant employees tasked with content moderation for Facebook developed mental health issues, including posttraumatic stress disorder, as a result of exposure to graphic violence, hate speech, and conspiracy theories in the videos they were instructed to evaluate.[150][151] Moderators at the Phoenix office reported drug abuse, alcohol abuse, and sexual intercourse in the workplace, and feared retaliation from terminated workers who threatened to harm them.[150][152] In response, a Cognizant representative stated the company would examine the issues in the report.[150]

The Verge published a follow-up investigation of Cognizant's Tampa, Florida, office in June 2019.[153][154] Employees in the Tampa location described working conditions that were worse than the conditions in the Phoenix office.[153][155] Content moderator Keith Utley suffered a heart attack while working for Cognizant in March 2018 and died in a hospital; the Tampa office lacked an on-site defibrillator.[153][156] Moderators were required to sign non-disclosure agreements with Cognizant to obtain the job, although three former workers broke the agreements to provide information to The Verge.[153][157] In the Tampa office, workers reported bed bugs, unsanitary work conditions, inadequate mental health resources, sexual harassment, workplace violence, and theft.[153][158] As a result of exposure to videos depicting graphic violence, animal abuse, and child sexual abuse, some employees developed psychological trauma and posttraumatic stress disorder.[153][159] Cognizant sanitized the office before The VergeTemplate:'s visit, a practice the publication described as a "dog-and-pony-show phenomenon".[153] In response to negative coverage related to its content moderation contracts, a Facebook director indicated that Facebook is in the process of developing a "global resiliency team" that would assist its contractors.[153]

On October 30, 2019, Cognizant announced that it would phase out a portion of its content moderation contracts in 2020.[160][161]

See also

Template:Portal

References

  1. ↑ 1.0 1.1 Cognizant's Francisco D'Souza: The horizon chaser, Mishra, Pankaj(21 March 2013). Retrieved 30 July 2013.
  2. ↑ Cognizant, Interplay IPOs Meet With Weak Demand. The Wall Street Journal(1998-06-20). Retrieved 2020-01-02.
  3. ↑ Cognizant Climbs to 185 on 2021 Fortune 500 List, Cognizant. www.prnewswire.com. Retrieved 2021-06-04.
  4. ↑ Cognizant is like a $4-billion tech startup. Retrieved 26 August 2016.
  5. ↑ 'Dun & Bradstreet Satyam To Be Rechristened Cognizant Tech(4 February 1997). Retrieved 10 May 2016.
  6. ↑ Guiding Light(30 March 2014).
  7. ↑ 7.0 7.1 The contrarian. Forbes({Template:Date).
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  9. ↑ Cognizant back in search of Satyam. Business Standard(4 April 2009). Retrieved 27 June 2012.
  10. ↑ Kumar Mahadeva quits as Cognizant chief. Retrieved 29 October 2010.
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  13. ↑ IMS sees some positive impact from Cognizant sale Template:Webarchive by Eric Auchard. Rediff, 16 November 2002 | 1149 IST.
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  15. ↑ Fastest-growing: 16 all-stars(14 September 2011). Retrieved 27 June 2012.
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  17. ↑ Cognizant Acquires TriZetto(15 September 2014). Retrieved 17 September 2014.
  18. ↑ Cognizant to buy TriZetto to boost healthcare business. Reuters(15 September 2014). Retrieved 15 September 2014.
  19. ↑ Cognizant to assist Escorts' digital transformation of operations. Retrieved 1 July 2015.
  20. ↑ Cognizant to help NTUC Fairprice upgrade digital infrastructure. Retrieved 1 July 2015.
  21. ↑ DJE Holdings to Acquire Mustache. www.prnewswire.com. Retrieved 2022-08-29.
  22. ↑ Oy Samlink Ab on LinkedIn: #Kyndryl #Samlink #togetherstronger. www.linkedin.com. Retrieved 2022-02-02.
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  24. ↑ Cognizant Expands SAP Capabilities for Energy and Utilities Clients with Acquisition of Utegration, Cognizant. www.prnewswire.com. Retrieved 2022-12-08.
  25. ↑ Cognizant to Acquire AustinCSI, a Premier Digital Transformation Consultancy, Cognizant. www.prnewswire.com. Retrieved 2022-11-30.
  26. ↑ Cognizant to Expand Workday Expertise and Services with Acquisition from OneSource Virtual, Cognizant. www.prnewswire.com. Retrieved 2022-11-03.
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  28. ↑ Cognizant Expands Digital Engineering Capabilities with Hunter Technical Resources Acquisition. News | Cognizant Technology Solutions. Retrieved 2021-08-17.
  29. ↑ Cognizant Enhances its Smart Manufacturing Offerings with the Acquisition of TQS Integration. News | Cognizant Technology Solutions. Retrieved 2021-07-20.
  30. ↑ Cognizant to Expand Expertise in Autonomous, Connected and Electric Vehicles with Acquisition of ESG Mobility. News | Cognizant Technology Solutions. Retrieved 2021-03-25.
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  57. ↑ Cognizant acquires Japan's Brilliant Service. Business Line. Retrieved 2 March 2017.
  58. ↑ BRIEF-Cognizant to buy Adaptra. Business Insider. Retrieved 16 December 2016.
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  60. ↑ CNW Group. www.edmontonjournal.com(19 August 2015). Retrieved 2 December 2016.
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  90. ↑ Cognizant buys Belgian bank insurance firm's arm ValueSource. The Hindu Business Line(3 October 2013). Retrieved 11 November 2016.
  91. ↑ Cognizant acquires Canada consulting firm Active Intelligence. Economic Times(11 February 2009). Retrieved 27 June 2012.
  92. ↑ Cognizant acquires US firm SVC. The Economic Times(10 June 2008). Retrieved 27 June 2012.
  93. ↑ Cognizant Tech to buy T-System's India business. Business Standard(8 March 2008). Retrieved 4 July 2016.
  94. ↑ Cognizant to acquire marketRX for $135 m. Hindustan Times(20 October 2007). Retrieved 27 June 2012.
  95. ↑ Cognizant acquires US co AimNet. The Hindu Business Line(7 September 2006). Retrieved 27 June 2012.
  96. ↑ 96.0 96.1 Cognizant buys Fathom for $35 mn(18 April 2005). Retrieved 27 June 2012.
  97. ↑ Cognizant Tech Acquires Pune SAP Firm For $2 Mn. The Financial Express(23 February 2004). Retrieved 27 June 2012.
  98. ↑ Cognizant Acquires Infopulse For $5 M. The Financial Express(3 December 2003). Retrieved 27 June 2012.
  99. ↑ Cognizant Acquires American Express. The Financial Express(22 September 2012). Retrieved 27 June 2012.
  100. ↑ Cognizant centre in Ireland. The Hindu Business Line(11 June 2002). Retrieved 27 June 2012.
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  103. ↑ Cognizant's attrition of 33% is highest in IT services industry. mint(28 October 2021). Retrieved 28 August 2022.
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  123. ↑ Cognizant Foundation extends aid to five NGOs.
  124. ↑ Cognizant Outreach distributes notebooks. The Hindu(27 June 2010). Retrieved 27 June 2012.
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  126. ↑ World's Most Admired Companies (Information Technology services), 2015. Fortune. Retrieved 22 July 2015.
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  128. ↑ Aston Martin reveal title sponsor for F1 2021 season, tease green car – Entry List. Sky Sports. Retrieved 7 January 2021.
  129. ↑ Steady hand puts Cognizant in pole position for growth. The Times. Retrieved 2022-04-25.
  130. ↑ Cognizant Golf Partnerships with PGA TOUR and LPGA Tour | LPGA | Ladies Professional Golf Association. LPGA. Retrieved 2022-02-21.
  131. ↑ Cognizant Joins SailGP as Official Digital Transformation Partner. News | Cognizant Technology Solutions. Retrieved 2022-02-21.
  132. ↑ Template:Cite press release
  133. ↑ Cognizant used L&T to bribe govt officials in India. Retrieved 18 February 2019.
  134. ↑ Cognizant moves HC fearing prosecution. The Hindu(9 March 2019). Retrieved 8 March 2019.
  135. ↑ Cognizant, US' Top H-1B Visa Sponsor, Tries to Bury 'Anti-White' Lawsuit. Retrieved 15 August 2019.
  136. ↑ Cognizant Technology Solutions lays off 200 senior executives - Times of India. The Times of India. Retrieved 24 October 2018.
  137. ↑ Cognizant layoff plea closed in favor of sacked staff: Govt. @businessline. Retrieved 25 February 2018.
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  139. ↑ Income Tax department freezes certain Cognizant bank accounts: report. Retrieved 7 April 2018.
  140. ↑ Indian court orders tax dept to lift freeze on Cognizant's funds. Retrieved 7 April 2018.
  141. ↑ Google Maps workers are losing it. The Sunday Times(11 February 2018). Retrieved 25 October 2018.
  142. ↑ Cognizant says conducting corruption probe; president replaced. Reuters(30 September 2016). Retrieved 25 February 2018.
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  144. ↑ Cognizant Expands North American Delivery Center Footprint to Accommodate Rapid Growth. Retrieved 27 June 2012.
  145. ↑ Twitter status. Cognizant(24 February 2011). Retrieved 27 June 2012.
  146. ↑ Teaneck N.J. information technology company agrees to pay more than $509,000 in back wages following U.S. Labor Department investigation(30 March 2009). Retrieved 27 June 2012.
  147. ↑ Lawsuits Claim Disney Colluded to Replace U.S. Workers With Immigrants. The New York Times(25 January 2016). Retrieved 26 January 2016.
  148. ↑ Judge Says Disney Didn't Violate Visa Laws in Layoffs. The New York Times(13 October 2016). Retrieved 13 October 2016.
  149. ↑ Cognizant Technology Resolves Class Wages Suit for $5.7 Million, Barket, Holly. Bloomberg Law(2021-01-19). Retrieved 2021-07-02.
  150. ↑ 150.0 150.1 150.2 150.3 The secret lives of Facebook moderators in America. The Verge(25 February 2019). Retrieved 20 June 2019.
  151. ↑ Facebook content reviewers are coping with PTSD symptoms by having sex and doing drugs at work, report says. CNBC(25 February 2019). Retrieved 20 June 2019.
  152. ↑ Facebook vows to improve content reviewing after moderators say they suffered PTSD, Silverstein, Jason. CBS News(25 February 2019). Retrieved 20 June 2019.
  153. ↑ 153.0 153.1 153.2 153.3 153.4 153.5 153.6 153.7 Three Facebook moderators break their NDAs to expose a company in crisis. The Verge(19 June 2019). Retrieved 20 June 2019.
  154. ↑ Facebook worker who died of heart attack was under 'unworldly' pressure. The Times(20 June 2019). Retrieved 20 June 2019.
  155. ↑ Facebook moderator dies after viewing horrific videos, others share disturbing incidents: report. Fox News(20 June 2019). Retrieved 21 June 2019.
  156. ↑ A Facebook content moderator died after suffering heart attack on the job. San Antonio Express-News(19 June 2019). Retrieved 20 June 2019.
  157. ↑ Facebook content moderators break NDAs to expose shocking working conditions involving gruesome videos and feces smeared on walls. CNBC(19 June 2019). Retrieved 20 June 2019.
  158. ↑ Cognizant Getting $200M From Facebook To Moderate Violent Content Amid Allegations Of 'Filthy' Work Conditions: Report. CRN(19 June 2019). Retrieved 20 June 2019.
  159. ↑ Report reveals desperate working conditions of Facebook moderators — including death, Bufkin, Ellie. Washington Examiner(19 June 2019). Retrieved 20 June 2019.
  160. ↑ Facebook contractor Cognizant to exit some content moderation businesses. Reuters(30 October 2019). Retrieved 2019-10-31.
  161. ↑ A Facebook content moderation vendor is quitting the business after two Verge investigations. The Verge(30 October 2019). Retrieved 2019-10-31.

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