Company Profile
Cognizant Technology
Solutions Corp is
an American multinational
corporation that provides custom
information technology, consulting, and business process outsourcing services.
It is headquartered in Teaneck, New Jersey, United States. Cognizant
is listed in the NASDAQ-100 and the S&P 500 indices. Originally founded as an
in-house technology unit of Dun
& Bradstreet in 1994, Cognizant
started serving external clients in 1996.
It
made an IPO in 1998, after a series of corporate
splits and restructures of its parent companies. It was the first software
services firm listed on the NASDAQ.
During the dot com bust, it grew
by accepting the application maintenance work that the bigger players were
unwilling to perform. Gradually, it ventured into application development,
complex systems integration and consulting work. Cognizant saw a
period of fast growth during the 2000s, becoming a Fortune 500 company in 2011. In 2015, the Fortune magazine named it as the world's fourth most
admired IT services company.
Cognizant began its
journey as Dun & Bradstreet Satyam Software (DBSS), established as Dun & Bradstreet's in-house
technology unit focused on implementing large-scale IT projects for Dun &
Bradstreet businesses. In 1996, the company started pursuing customers beyond
Dun & Bradstreet.
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. 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. Headquarters
were moved to the United States, and in March 1998, Kumar Mahadeva was named
CEO.Operating as a division of the Cognizant Corporation, the company mainly
focused on Y2K-related projects and web development.
In
1998, the parent company, Cognizant Corporation, split into two companies: IMS Health and Nielsen Media Research. 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 for.
They earmarked the money for debt payments and upgrading company offices.
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 ERP software market was saturated,
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.Cognizant's revenues in 2002 were $229 million,
and the company had zero debt with $100 million in the bank. During the dotcom bust, the company grew by
taking on the maintenance projects that larger IT services companies did not
want.
Job details
Company Name: Cognizant
position:Various Position
apply type:freshers/experenced
salary offer:10,00,000 - 15,00,000 PA
Qualification:graduate/B.E/B.TECH/DIPLOMA/MBA/MCA/BCOM/MCOM/BSC/MSC
Location : India
Mode of apply:ONLINE
Website: www.cognizant.com
Job details
Company Name: Cognizant
position:Various Position
apply type:freshers/experenced
salary offer:10,00,000 - 15,00,000 PA
Qualification:graduate/B.E/B.TECH/DIPLOMA/MBA/MCA/BCOM/MCOM/BSC/MSC
Location : India
Mode of apply:ONLINE
Website: www.cognizant.com
Selection Process:
its contain below step
1.Aptitude Written Test Online
2.Technical Interview
3.HR Interview
Eligibility Criteria
-Entry Level Engineer Required
-Flexible Work In Shift
-Good Communication skill
-Good In Mathematics
-Good Academic Score
Document Required
-SSC Marksheet
-HSC Marksheet
-Graduate Certificate
-Photo ID Proff
-Photograph
-Resume
Selection Process:
its contain below step
1.Aptitude Written Test Online
2.Technical Interview
3.HR Interview
Eligibility Criteria
-Entry Level Engineer Required
-Flexible Work In Shift
-Good Communication skill
-Good In Mathematics
-Good Academic Score
Document Required
-SSC Marksheet
-HSC Marksheet
-Graduate Certificate
-Photo ID Proff
-Photograph
-Resume
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