Cognizant Technology Solutions Corporation is a provider of custom information technology, consulting and business process outsourcing services.
Cognizant was founded in 1994 as an IT development and maintenance services arm of The Dun & Bradstreet Corporation, at Chennai, with Kumar Mahadeva as its Chairman and CEO. The company was spun off as an independent organization two years later and moved its headquarters to US. Kumar Mahadeva resigned in 2003 when Lakshmi Narayanan took charge as CEO.
Important People:
Name Since Current Position
John Klein 2003 Independent Chairman of the Board
Francisco D'Souza 2007 President, Chief Executive Officer, Director
Lakshmi Narayanan 2007 Vice Chairman of the Board
Gordon Coburn 2007 Chief Financial and Operating Officer, and Treasurer
Steven Schwartz 2007 Senior Vice President, General Counsel, Secretary
Ramakrishnan Chandrasekaran 2006 President & Managing Director - Global Delivery
Rajeev Mehta 2006 Chief Operating Officer - Global Client Services
Maureen Breakiron-Evans 2009 Independent Director
John Fox 2007 Independent Director
Robert Howe 1999 Independent Director
Robert Weissman 2001 Independent Director
Thomas Wendel 2001 Independent Director
Cognizant was listed on NASDAQ in 1998 and moved 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.
The Company competes with Infosys Technologies, Tata Consultancy Services, WIPRO, Accenture, Computer Sciences Corporation, HP Enterprise, Perot Systems and IBM Global Services.
Cognizant was one of the first IT services companies to organize around key industry verticals as well as technology horizontals.
It currently provides a wide range of business, technology and consulting services including business process outsourcing (BPO) and has significant practices in
• Banking and Financial services
• Communications
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