4000 C-level respondents across 15 key industries reveal five critical areas of focus to prepare for the next future of work. [15] After this restructuring, Cognizant Technology Solutions became a public subsidiary of IMS Health. Cognizant has three areas which makes up their business — Digital Business, Digital Operations, and Digital Systems & Technology.[91]. I was fortunate enough to work in a very good project for 7 years, where i had 3 promotions within 7 years. Lakshmi Narayanan was succeeded by Francisco D'Souza in 2006. It was founded as an in-house technology unit of Dun & Bradstreet in 1994,[6] and started serving external clients in 1996. They earmarked the money for debt payments and upgrading company offices.[14]. Both horizontal and vertical units have business consultants, who together form the organization-wide Cognizant Consulting team. Find out what works well at Cognizant Technology Solutions from the people who know best. Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. ", "Cognizant acquires 49% ownership in ReD Associates", "Cognizant Acquires KBACE Technologies to Enable Clients to Accelerate Journey to Cloud and Improve Business Agility", "US Cognizant to acquire 66% shares in Lithuania's Storebrand", "Insurance Company CNO Sells India Operations To Cognizant", "Cognizant on an odyssey with new acquisition", "Cognizant acquires digital marketing agency Cadient Group", "Cognizant News & Events - Cognizant Press Releases - Cognizant Technology Solutions", "Cognizant buys US video solutions company", "Cognizant Acquires Equinox Consulting, a Financial Services Consulting Firm in France", "Cognizant Q2 Net up 19%; raises full-year revenue guidance", "Apply for a Trademark. Cognizant had a period of fast growth during the 2000s and become a Fortune 500 company in 2011; as of 2020 it's at position 194. 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, E&Y, Deloitte and IBM), but at lower prices. [120], In 2017, approximately 6000 Cognizant employees in Hyderabad/Bangalore/Chennai lost their job as a part of company's annual performance review process. "[132], In February 2019, an investigative report by The Verge described poor working conditions in Cognizant's Phoenix, Arizona, office. 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. Cognizant Technology Solutions. All content is posted anonymously by employees working at Cognizant Technology Solutions. 43,406 Cognizant Technology Solutions reviews. Great technology used to be enough. Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. [133], The Verge published a follow-up investigation of Cognizant's Tampa, Florida, office in June 2019. Job Specializations Cognizant Technology Solutions (NASDAQ: CTSH) has been on a buying spree in 2020.The portfolio of the acquisitions that Cognizant made this year is expected to help the company in its legacy offerings and new offerings and were focused on expanding its cloud capabilities. 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. Find out how Sensyne deployed an omnichannel, GDPR- and security-compliant COVID-19 risk assessment app. Cognizant Technology Solutions’ revenue in the ongoing fiscal year will come in at the high end of its previously guided range of $16.7 billion, despite a challenging year, said CEO Brian Humphries. On 20 Jan, 1994 Cognizant registered its branch in Chennai, Tamil Nadu, India with the legal name Cognizant Technology Solutions India Private Limited. [133] 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. [10] Cognizant's revenues in 2002 were $229 million, and the company had zero debt with $100 million in the bank. [133][135] In response, a Cognizant representative stated the company would examine the issues in the report. An immersive destiny awaits in cyberspace—for the future of work, play and everything in between. LEARN MORE [92], The company has 281,200[93] employees globally, of which over 150,000 are in India across 10 locations with a plurality in Chennai. ", "Akastor ASA: Akastor Completes Sale of Frontica Business Solutions to Cognizant", "Cognizant Acquires Idea Couture, a Digital Innovation, Strategy, and Design Firm! Cognizant is an equal opportunity employer. The address of the Business's registered office is at the PLAZA 8 @ CBP building. Cognizant was listed on NASDAQ in 1998, and added to the NASDAQ-100 Index in 2004. L&T has made illicit payments and Cognizant reimbursed the money by disguising it as compensation for cost overruns. [127] In February 2011, Cognizant said it had 60 full-time recruiters actively hiring in the U.S.[128], 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. Serving customers by looking forward as well as back is a big promise, but the power of today’s new digital capabilities is vast and growing. [11][12] Headquarters were moved to the United States, and in March 1998, Kumar Mahadeva was named CEO. Choose your own career path from job opportunities across the US and Canada. In July 1997, Dun & Bradstreet bought Satyam's 24% stake in DBSS for $3.4 million. Cognizant is one of the world’s leading professional services companies, transforming clients’ business, operating and technology models for the digital era.Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. [14][16] Kumar Mahadeva resigned as the CEO in 2003, and was replaced by Lakshmi Narayanan. No fines or visa restrictions were imposed, since DoL did not discover any willful violations. 67 of its workers underpaid due to unintentional administrative errors, according to Cognizant. Cognizant Technology Solutions Corp. Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. Helping organizations engage people and uncover insight from data to shape the products, services and experiences they offer, Type in a topic service or offering and then hit Enter to search. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. The average Cognizant Technology Solutions salary ranges from approximately ₹ 2,00,000 per year for Data Entry Clerk to ₹ 18,72,537 per year for Software Architect. In 2003, IMS Health sold its entire 56% stake in Cognizant, which instituted a poison pill provision to prevent hostile takeover attempts. Depends on projects you are working your experience also vary. [131] 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. [115], 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. Based on surveys of 150,000+ employees in 50+ countries and 5M+ data points, Forbes places Cognizant in top 3% of employers. [126], Cognizant leads the ranks of companies receiving H-1B visas from the United States. [136][139] 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. [23], In April 2018, Cognizant and a consortium of Indian life insurers announced their development of a blockchain solution[buzzword] aimed at increasing efficiency through facilitating cross-company data sharing. Our unique industry-based, consultative approach helps clients envision, build and run … LTD. (the "Business") is a Private Company Limited by Shares, incorporated on 5 April 2002 (Friday) in Singapore. 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. [114] In 2017, Cognizant was named in Fortune's Future 50 list. [117], 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 ranks #19 on Forbes’ “World’s Best Employers” list . 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 raised $34 million, less than what the IMS Health underwriters had hoped. In June 1998, IMS Health partially spun off the company, conducting an initial public offering of the Cognizant stock. 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. [124], 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. 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. The other centers of the company are in Bangalore, Chennai, Coimbatore, Gurgaon, Noida, Hyderabad, Kochi, Kolkata,[94] Mangalore, Mumbai, and Pune. Let’s talk about how digital can work for your business. [119], In 2017, eight employees filed petitions with the labor department, complaining Cognizant forced them to resign as part of a performance-based review. 1,365 Cognizant Technology Solutions jobs. Our unique industry-based, consultative approach helps clients envision, build and run … 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. We partner with technology companies to modernize data and create platforms that deliver compelling experiences and operational maturity to unlock greater value. [14], In 1998, the parent company, Cognizant Corporation, split into two companies: IMS Health and Nielsen Media Research. Search for jobs worldwide and see our newest training partnership with Per Scholas. Cognizant and XPRIZE are launching the Pandemic Response Challenge to help restart economies. 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." [118], 20 senior executives, above the Director's Level were dismissed because they were not able to catch up with the latest technologies. Navigate the COVID-19 crisis and its aftermath—and emerge stronger, more agile and better prepared for the unexpected. 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. Instead, he focused on applications management, which accounted for 37% of Cognizant's revenue in Q1 1999. The company also said President Gordon Coburn had resigned and would be replaced by Rajeev Mehta. [136][138] 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. The average Cognizant Technology Solutions monthly salary ranges from approximately ₹ 13,461 per month for Driver to ₹ 73,544 per month for Senior Software Engineer. Compare pay for popular roles and read about the team’s work-life balance. [14] During the dotcom bust, the company grew by taking on the maintenance projects that larger IT services companies did not want. 9,503 reviews from Cognizant Technology Solutions employees about Cognizant Technology Solutions culture, salaries, benefits, work-life balance, management, job security, and more. [133][134] 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. Explore how Comcast and Effectv simplified TV ad planning, buying and production for smaller businesses—in only 4 months. [20] Cognizant Shares, rose nearly 3 percent in pre-market trading. [112][113], In 2015, the Fortune named it as the world's fourth most admired IT services company. 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. 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. Job Type Full-Time / Contract. Apply to the latest jobs near you. [129] The company paid US$509,607 in back wages to the 67 employees. In 1996, the company started pursuing customers beyond Dun & Bradstreet. [17] Gradually, the company's services portfolio expanded across the IT services landscape and into business process outsourcing (BPO) and business consulting. The platform, which is built on Corda, a DLT platform developed by R3, was claimed to reduce dependency on third-party data intermediaries and aggregators for obtaining consumer profiles and policy details such as KYC due diligence, financial and medical underwriting, risk assessment, fraud detection and regulatory compliance.[24]. St. James Press, 2004. [108] Cognizant became a Fortune 500 company in 2011.[109]. Java Developer. For the human gene CTSH, see, Companies with an annual revenue of over US$3 billion, Working conditions and mental health issues. [121], 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). Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Like many other IT services firms, Cognizant follows a global delivery model based on offshore software R&D and offshore outsourcing. [136][140] In the Tampa office, workers reported bed bugs, unsanitary work conditions, inadequate mental health resources, sexual harassment, workplace violence, and theft. These include business & technology consulting, systems integration, application development & maintenance, IT infrastructure services, Artificial Intelligence, Digital Engineering, analytics, business intelligence, data warehousing, customer relationship management, supply chain management, engineering & manufacturing solutions, enterprise resource planning, research and development outsourcing, and testing solutions. 4d ago. Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. American Stock Transfer & Trust Co. 59 Maiden Lane New York, NY 10038 1-800-937-5449 Cognizant has a grassroots corporate social responsibility project called Outreach, for which Cognizant's employees volunteer to support schools and orphanages. Cognizant is the employer of choice for professionals from executive to entry level positions. 1,333 Cognizant Technology Solutions jobs including salaries, ratings, and reviews, posted by Cognizant Technology Solutions … Search job openings at Cognizant Technology Solutions. 2d ago. Reinvent decision-making and deliver better business outcomes with AI-powered data. Cognizant is an American multinational product led digital corporation that provides digital products, digital IT services, including digital, technology, consulting, and operations services. [21], 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. 1-9 of 9 jobs at cognizant technology solutions. We are dedicated to helping the world's leading companies build stronger businesses — helping them go from doing digital to being digital. Cognizant failed to pay the tax of more than 25 billion rupees ($385 million) in the 2016-17 financial year, the Hindu newspaper reported, citing officials from the tax department. Last year, in total, the company distributed US$0.88 to shareholders. Your business’ future depends on making deeper customer connections, meeting real needs and inspiring a sense of wonder. In a pandemic, every second counts. Job Specializations Computer/Information Technology / IT-Software. Content Review Analyst (Multilanguage) Cognizant Technology Solutions. Cognizant to acquire cloud consultancy Collaborative Solutions. Selangor. Kuala Lumpur. [95] On 1 April 2019, Francisco D'Souza was replaced by Brian Humphries as the CEO. [110][111] 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". Believing that the $16.6 billion enterprise resource planning software market was saturated, Kumar Mahadeva decided to refrain from large-scale ERP implementation projects. Cognizant is led by Brian Humphries (CEO), Jan Siegmund (CFO) and Malcolm Frank (President, Cognizant Digital Business).[97]. Compare pay for popular roles and read about the team’s work-life balance. Learn about salary, employee reviews, interviews, benefits, and work-life balance The company has local, regional, and global delivery centers in the UK, Hungary, The Netherlands, Spain, China, Philippines, Canada, Brazil, Argentina, Mexico etc. The Business current operating status is live and has been operating for 18 years 255 days. Cognizant began as Dun & Bradstreet Software (DBSS),[8][9] established as Dun & Bradstreet's in-house technology unit focused on implementing large-scale IT projects for Dun & Bradstreet businesses. Innovative work, meaningful career paths. Cognizant technology solutions is a very good company. Cognizant (NASDAQ-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Cognizant Technology Solutions's next dividend payment will be US$0.22 per share. COGNIZANT TECHNOLOGY SOLUTIONS ASIA PACIFIC PTE. Cognizant is among the largest recruiters of MBAs in the industry; they are involved in business development and business analysis for IT services projects. Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. After the close of trading on 16 November 2006, Cognizant moved from the mid cap S&P 400 to the S&P 500. A recent survey of 4,000 C-level executives reveals how artificial intelligence is powering modern enterprises and reshaping the future of work. Cognizant provides information technology, information security, consulting, ITO and BPO services. Cognizant is part of the NASDAQ-100 and trades under CTSH. 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. [125], Cognizant has been sued by Crawford & Company, the US-based independent providers of insurance claims-handling services, for alleged breach of contract. Cognizant. Project Atlas included components for both internal operations and client-facing services. [6], After a series of corporate re-organizations there was an initial public offering in 1998.[7]. [136][141] 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. The DoL investigation revealed that Cognizant had achieved 99.7% compliance in its management of H-1B visa-related issues. Careers at Cognizant | Cognizant … International Directory of Company Histories, Vol.59. Advances in cutting-edge digital platforms, peripherals and infrastructure are poised to take virtual space from concept to reality. Search a Trademark", "Cognizant to Acquire Six Companies of the C1 Group, a Leading German Consulting and IT Services Group", "EXCELLENCE DATA RESEARCH PRIVATE LIMITED | Indian Company Info", "Cognizant buys Zaffera, a US SAP consulting Company for an undisclosed value", "Cognizant to acquire CoreLogic's Indian business", "Cognizant buys Paris-based Galileo Performance", "Cognizant acquires India unit of UBS for $75m", "Cognizant buys Belgian bank insurance firm's arm ValueSource", "Cognizant acquires Canada consulting firm Active Intelligence", "Cognizant Tech to buy T-System's India business", "Cognizant to acquire marketRX for $135 m", "Cognizant Tech Acquires Pune SAP Firm For $2 Mn", "Bengal IT minister tells Cognizant growth story to lure Infy, Wipro", "Contact Us - Cognizant Technology Solutions", "Senior Management—Executive Leadership Team | Cognizant", "Cognizant Technology Solutions Company Profile", "Fortune 500 Companies 2018: Who Made the List", "Cognizant Press Releases, Company News | Cognizant Technology Solutions", "Cognizant Foundation extends aid to five NGOs", "Cognizant Outreach distributes notebooks", "Industry insights from Cognizant for AUT faculty", "World's Most Admired Companies (Information Technology services), 2015", "Cognizant used L&T to bribe govt officials in India", "Cognizant, US' Top H-1B Visa Sponsor, Tries to Bury 'Anti-White' Lawsuit", "Cognizant Technology Solutions lays off 200 senior executives - Times of India", "Cognizant layoff plea closed in favor of sacked staff: Govt", "Hyderabad: Mass layoffs shake IT industry in 2017", "Income Tax department freezes certain Cognizant bank accounts: report", "Indian court orders tax dept to lift freeze on Cognizant's funds", "Cognizant says conducting corruption probe; president replaced", "US company sues Cognizant for breach of contract - Times of India", "Cognizant Expands North American Delivery Center Footprint to Accommodate Rapid Growth", "Teaneck N.J. information technology company agrees to pay more than $509,000 in back wages following U.S. Labor Department investigation", "Lawsuits Claim Disney Colluded to Replace U.S. Workers With Immigrants", "Judge Says Disney Didn't Violate Visa Laws in Layoffs", "The secret lives of Facebook moderators in America", "Facebook content reviewers are coping with PTSD symptoms by having sex and doing drugs at work, report says", "Facebook vows to improve content reviewing after moderators say they suffered PTSD", "Three Facebook moderators break their NDAs to expose a company in crisis", "Facebook worker who died of heart attack was under 'unworldly' pressure", "Facebook moderator dies after viewing horrific videos, others share disturbing incidents: report", "A Facebook content moderator died after suffering heart attack on the job", "Facebook content moderators break NDAs to expose shocking working conditions involving gruesome videos and feces smeared on walls", "Cognizant Getting $200M From Facebook To Moderate Violent Content Amid Allegations Of 'Filthy' Work Conditions: Report", "Report reveals desperate working conditions of Facebook moderators — including death", "Facebook contractor Cognizant to exit some content moderation businesses", "A Facebook content moderation vendor is quitting the business after two Verge investigations", Category:Information technology consulting firms, https://en.wikipedia.org/w/index.php?title=Cognizant&oldid=996464781, Companies based in Bergen County, New Jersey, International information technology consulting firms, Information technology consulting firms of the United States, Management consulting firms of the United States, Pages with non-numeric formatnum arguments, Articles with dead external links from November 2018, Articles with permanently dead external links, Short description is different from Wikidata, Wikipedia articles containing buzzwords from November 2020, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License, Digital Transformation (DevSecOps/Data/Cloud), Digital Services (Innovation and Experience Design), Healthcare Payer Software, Provider Revenue Cycle Software (Consulting, Software, BPO, Hosting), 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, Consulting related to the measurement, management and continuous optimization of IT system performance, Business process outsourcing, industry research, Invensys Rail R&D India & Invensys Operations Managed R&D Center India, Product Research & Engineering, Manufacturing, Consulting, implementation and support services for Oracle Retail Merchandising, Planning and Optimization suite, Business Consulting for media and entertainment companies, American Express Travel-related Services account from Silverline Technologies.
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