Cognizant Technology Solutions Corporation

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Cognizant Technology Solutions Corporation - overview

Established

1994

Location

Teaneck, NJ, US

Primary Industry

IT Infrastructure

About

Cognizant Technology Solutions Corporation, based in the US, specializes in providing technology and consulting services aimed at driving digital transformation for businesses across various industries. Founded in 1994 in Teaneck, New Jersey, Cognizant Technology Solutions Corporation offers a wide range of technology services. The company has not undergone significant changes in its business operations since its inception, focusing consistently on digital transformation solutions for clients. The founders, including AnanthaKrishna MA and Angel Gonzalez, have extensive backgrounds in technology consulting, contributing to the company's innovative service offerings.


Cognizant offers a comprehensive suite of technology and consulting services designed to facilitate digital transformation across various industries. The company's core product offerings include solutions in application services, artificial intelligence, cloud solutions, cybersecurity, and engineering research and development, among others. These solutions cater to diverse sectors, such as automotive, banking, healthcare, and manufacturing, addressing complex challenges like operational efficiency, customer engagement, and data management. Clients benefit from Cognizant's expertise through tailored services that enhance productivity and foster innovation.


The company's customer base spans multiple geographical markets, including North America, Europe, and Asia Pacific, allowing them to support clients in navigating the unique demands of local and global economies. Cognizant generates revenue through a multifaceted transaction structure, primarily involving business-to-business (B2B) engagements with clients across various industries. The company typically engages in long-term partnerships and projects that can include consulting services, managed services, and software licensing agreements. Revenue is often derived from structured contracts that encompass both fixed and variable pricing models, depending on the specific service or solution provided.


For example, clients may subscribe to Cognizant’s cloud services or utilize its artificial intelligence tools under defined pricing plans. The combination of these service offerings allows Cognizant to establish a stable revenue stream while also ensuring adaptability to the changing needs of its diverse clientele.


Primary Industry

IT Infrastructure

Sub Industries

BPO Services, IT Infrastructure

Website

www.cognizant.com

Verticals

Artificial Intelligence, Cloud Computing

Total Amount Raised

Subscriber access only

Cognizant Technology Solutions Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompleted3Cloud, LLC-
Trade SaleCompletedBelcan, LLC-
Trade SaleCompletedThirdera-
Trade SaleCompletedMobica Limited-
Trade SaleCompletedUtegration-

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