Job Specializations Computer/Information Technology / IT-Software. Based on surveys of 150,000+ employees in 50+ countries and 5M+ data points, Forbes places Cognizant in top 3% of employers. Search for jobs worldwide and see our newest training partnership with Per Scholas. 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. [10], In 1996, Dun & Bradstreet spun off several of its subsidiaries including Eriscon, IMS International, Nielsen Media Research, Pilot Software, Strategic Technologies and DBSS, to form a new company called Cognizant Corporation, headquartered in Chennai, India. Believing that the $16.6 billion enterprise resource planning software market was saturated, Kumar Mahadeva decided to refrain from large-scale ERP implementation projects. The horizontals focus on specific technologies or process areas such as Analytics, mobile computing, BPO and Testing. [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. [10] Cognizant's revenues in 2002 were $229 million, and the company had zero debt with $100 million in the bank. [136] 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. 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. Last year, in total, the company distributed US$0.88 to shareholders. 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. 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. Three months later, in 1997, DBSS renamed itself to Cognizant Technology Solutions. [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. 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. [114] In 2017, Cognizant was named in Fortune's Future 50 list. 43,406 Cognizant Technology Solutions reviews. Uncover why Cognizant Technology Solutions is the best company for you. Project Atlas included components for both internal operations and client-facing services. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. The other centers of the company are in Bangalore, Chennai, Coimbatore, Gurgaon, Noida, Hyderabad, Kochi, Kolkata,[94] Mangalore, Mumbai, and Pune. The address of the Business's registered office is at the PLAZA 8 @ CBP building. 1-9 of 9 jobs at cognizant technology solutions. Uncover why Cognizant Technology Solutions is the best company for you. [136][142] Cognizant sanitized the office before The Verge's visit, a practice the publication described as a "dog-and-pony-show phenomenon". [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. The vertical units focus on specific industries such as Banking & Financial Services, Insurance, Healthcare, Manufacturing and Retail. 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. [15] After this restructuring, Cognizant Technology Solutions became a public subsidiary of IMS Health. International Directory of Company Histories, Vol.59. [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. [22], 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. Find out how Sensyne deployed an omnichannel, GDPR- and security-compliant COVID-19 risk assessment app. ", "We are starting a new phase for our company! Learn about salary, employee reviews, interviews, benefits, and work-life balance In its early years, Cognizant gained business from a number of American and European companies with the help of the Dun & Bradstreet brand. Cognizant has a grassroots corporate social responsibility project called Outreach, for which Cognizant's employees volunteer to support schools and orphanages. Cognizant Technology Solutions. 373K likes. For the human gene CTSH, see, Companies with an annual revenue of over US$3 billion, Working conditions and mental health issues. ", "Akastor ASA: Akastor Completes Sale of Frontica Business Solutions to Cognizant", "Cognizant Acquires Idea Couture, a Digital Innovation, Strategy, and Design Firm! L&T has made illicit payments and Cognizant reimbursed the money by disguising it as compensation for cost overruns. 2d ago. Cognizant UK & Ireland — See how Cognizant advances digital growth with AI, IoT, Cloud Enablement, Core Modernization, Process Automation, Digital Engineering and more. 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. 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. On 20 Jan, 1994 Cognizant registered its branch in Chennai, Tamil Nadu, India with the legal name Cognizant Technology Solutions India Private Limited. [14] During the dotcom bust, the company grew by taking on the maintenance projects that larger IT services companies did not want. Content Review Analyst (Multilanguage) Cognizant Technology Solutions. Depends on projects you are working your experience also vary. In June 1998, IMS Health partially spun off the company, conducting an initial public offering of the Cognizant stock. 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'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. Instead, he focused on applications management, which accounted for 37% of Cognizant's revenue in Q1 1999. [125], Cognizant has been sued by Crawford & Company, the US-based independent providers of insurance claims-handling services, for alleged breach of contract. 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. Cognizant Technology Solutions delivers software application development and integration, application management, re-engineering for companies transitioning to E-business. The corporate training in cognizant is best and not even a single day you pass without learning something new. [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." It sells digital products on cloud based data engineering , model based testing tool, process automation tool RPA.It is headquartered in Teaneck, New Jersey, United States. 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. [96]. Today data is the heart of businesses in the high-tech manufacturing, software, online and data services sectors. Selangor. Cognizant and XPRIZE are launching the Pandemic Response Challenge to help restart economies. Our unique industry-based, consultative approach helps clients envision, build and run … Cognizant is an American multinational product led digital corporation that provides digital products, digital IT services, including digital, technology, consulting, and operations services. 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. Like many other IT services firms, Cognizant follows a global delivery model based on offshore software R&D and offshore outsourcing. Cognizant was listed on NASDAQ in 1998, and added to the NASDAQ-100 Index in 2004. Find out what works well at Cognizant Technology Solutions from the people who know best. 67 of its workers underpaid due to unintentional administrative errors, according to Cognizant. [129] The company paid US$509,607 in back wages to the 67 employees. [120], In 2017, approximately 6000 Cognizant employees in Hyderabad/Bangalore/Chennai lost their job as a part of company's annual performance review process. Great technology used to be enough. An immersive destiny awaits in cyberspace—for the future of work, play and everything in between. [123], 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. LEARN MORE 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. [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. On 1 April 2019, Francisco D'Souza was replaced by Brian Humphries as the CEO. COGNIZANT TECHNOLOGY SOLUTIONS ASIA PACIFIC PTE. Based on surveys of 150,000+ employees in 50+ countries and 5M+ data points, Forbes places Cognizant in top 3% of employers. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. 9,503 reviews from Cognizant Technology Solutions employees about Cognizant Technology Solutions culture, salaries, benefits, work-life balance, management, job security, and more. 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. St. James Press, 2004. The DoL investigation revealed that Cognizant had achieved 99.7% compliance in its management of H-1B visa-related issues. Find out what works well at Cognizant Technology Solutions from the people who know best. In 1996, the company started pursuing customers beyond Dun & Bradstreet. Hear more about how you will accomplish your career goals at Cognizant. Cognizant ranks #19 on Forbes’ “World’s Best Employers” list . [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. [112][113], In 2015, the Fortune named it as the world's fourth most admired IT services company. Cognizant Technology Solutions Corporation was founded in 1994 and is headquartered in Teaneck, New Jersey. Cognizant technology solutions is a very good company. 1,333 Cognizant Technology Solutions jobs including salaries, ratings, and reviews, posted by Cognizant Technology Solutions … Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Compare pay for popular roles and read about the team’s work-life balance. Glassdoor gives you an inside look at what it's like to work at Cognizant Technology Solutions, including salaries, reviews, office photos, and more. Innovative work, meaningful career paths. The company has local, regional, and global delivery centers in the UK, Hungary, The Netherlands, Spain, China, Philippines, Canada, Brazil, Argentina, Mexico etc. No fines or visa restrictions were imposed, since DoL did not discover any willful violations. [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. A recent survey of 4,000 C-level executives reveals how artificial intelligence is powering modern enterprises and reshaping the future of work. In July 1997, Dun & Bradstreet bought Satyam's 24% stake in DBSS for $3.4 million. We are dedicated to helping the world's leading companies build stronger businesses — helping them go from doing digital to being digital. Navigate the COVID-19 crisis and its aftermath—and emerge stronger, more agile and better prepared for the unexpected. [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). Cognizant has three areas which makes up their business — Digital Business, Digital Operations, and Digital Systems & Technology.[91]. [116], In March 2019, significant publicity was raised because Cognizant repetitively violated the directives of the Registrar of Companies. [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. , Francisco D'Souza in 2006 in 2017, Cognizant was named CEO, play and in! Salaries, top office locations, and added to the United States, CEO! And production for smaller businesses—in only 4 months integration, application management, re-engineering for companies transitioning to.! 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