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What is the company's history and background?

Asked 2 years ago
Cognizant Technology Solutions, often simply referred to as Cognizant, began its journey in 1994 as a division of Dun & Bradstreet. Originally established to provide information technology services to support the company's business processes, Cognizant quickly recognized the potential for growth in the information technology sector. In 1996, it was officially founded as a separate entity, focusing on software development and information technology services. The company's early years were marked by its strong commitment to client satisfaction and delivering high-quality services, which helped it gain traction in the marketplace. By the early 2000s, Cognizant had established itself as a prominent player in the Indian outsourcing and IT services industry, taking advantage of the country's skilled workforce and favorable economic conditions. This period also witnessed significant investment in employee training and development, building a foundation for innovation. Cognizant went public in 1998, listing on the NASDAQ stock exchange, which provided the company with further resources to expand its service offerings and geographical reach. Over the years, Cognizant diversified its services, moving beyond traditional IT outsourcing to encompass business process outsourcing, consulting, and digital services. This evolution allowed the company to adapt to changing market dynamics and technological advancements. Today, Cognizant operates in various industries, including healthcare, financial services, manufacturing, and retail, among others. It has established a global presence, with offices and delivery centers across North America, Europe, Asia, and Latin America. The company continues to emphasize digital transformation, aiming to help businesses innovate and enhance efficiency through cutting-edge technologies. Cognizant's growth has been remarkable, making it one of the largest providers of information technology services in the world. For those interested in learning more about Cognizant, its current services, and initiatives, visiting its official website may provide valuable insights and up-to-date information.
Answered Jul 22nd 2025

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