QUOTE AND NEWS
Jutia Group  Aug 26  Comment 
[PR Newswire] - TEANECK, N.J., Aug. 26, 2014 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced that it has been positioned as a Leader in business analytics for business process outsourcing in the recently published ... Read more on this. ...
Cloud Computing  Aug 19  Comment 
Code Halos – aka “digital fingerprints” - are the key organizing principle to understand a) how dumb things become smart and b) how to monetize this dynamic. In his session at Internet of @ThingsExpo, Ben Pring, Co-Director (AVP), Center...
Benzinga  Aug 8  Comment 
Zynga (NASDAQ: ZNGA) fell 8.90% to $2.66 in pre-market trading after the company reported weaker-than-expected second-quarter revenue and issued a downbeat revenue forecast for the third quarter. Zynga also lowered its 2014 outlook. Cognizant...
Reuters  Aug 7  Comment 
Reuters Market Eye - IT services providers fall after Cognizant Technology Solutions Corp forecast its slowest full-year sales growth in its 20-year history.
SeekingAlpha  Aug 6  Comment 
Cognizant Technology Solutions (NASDAQ:CTSH) Q2 2014 Earnings Call August 06, 2014 8:00 am ET Executives David Nelson - Vice President of Investor Relations and Treasurer Francisco D'souza - Chief Executive Officer and Director ...
The Hindu Business Line  Aug 6  Comment 
US-based Cognizant Technology Solutions recruited more employees in the quarter ended June when compared to the top three Indian IT companies. This was a reversal of the last quarter when Tata Con...
TheStreet.com  Aug 6  Comment 
NEW YORK (TheStreet) -- Cognizant Technology Solutions was falling -13.5% to $43.25 Wednesday after guiding below analysts' estimates for the third quarter, and despite beating estimates for earnings in the second quarter. For the second...
Forbes  Aug 6  Comment 
In early trading on Wednesday, shares of Twenty-First Century Fox (FOXA) topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.0%.  Year to date, Twenty-First Century Fox has lost about 6.6% of its value.
Wall Street Journal  Aug 6  Comment 
Cognizant Technology Solutions Corp. cut its revenue guidance for the year, citing weakness at some of the information-technology company's clients and a longer-than-expected sales cycle for large deals.
MarketWatch  Aug 6  Comment 
Shares in Cognizant Technology Solutions Corp. fell 14% in premarket trade Wednesday after the consulting company reduced its full-year revenue outlook, citing "weakness at certain clients" and sales delays for some large deals. Cognizant said it...




 
TOP CONTRIBUTORS

Cognizant Technology Solutions (CTSH) is a leading provider of custom IT consulting and technology services as well as outsourcing services for Global 2000 companies located in North America, Europe and Asia. Its core competencies include Technology Strategy Consulting, Complex Systems Development, Enterprise Software Package Implementation and Maintenance, Data Warehousing and Business Intelligence, Application Testing, Application Maintenance, Infrastructure Management, and Vertically-Oriented Business Process Outsourcing (V-BPO).

Industry Background

Many companies today face intense competitive pressure and rapidly changing market dynamics, driven by such factors as changes in government regulations, globalization and technology innovation. In response to these challenges, many companies are focused on improving productivity, increasing service levels, lowering costs and accelerating delivery times. In order to achieve these goals, companies are focusing on a number of technology-centric areas, such as:

  • Business and IT alignment and optimization;
  • Advanced custom systems development;
  • Data Warehousing and Business Intelligence;
  • Enterprise Resource Planning;
  • Customer Relationship Management;
  • Supply Chain Management; ff
  • Enterprise 2.0 business models and technology solutions; and
  • Service-Oriented Architectures, Open Source and Radio Frequency Identification (RFID).

Global demand for high quality, lower cost IT services from outside providers has created a significant opportunity for IT service providers that can successfully leverage the benefits of, and address the challenges in using, an offshore talent pool. The effective use of offshore personnel can offer a variety of benefits, including lower costs, faster delivery of new IT solutions and innovations in vertical solutions, processes and technologies. Certain developing countries, particularly India, have a large talent pool of highly qualified technical professionals that can provide high quality IT and BPO services at a lower cost. India is a leader in IT services, and is regarded as having one of the largest and highest quality pools of talent in the world. Historically, IT service providers have used offshore labor pools primarily to supplement the internal staffing needs of customers. However, evolving customer demands have led to the increasing acceptance and use of offshore resources for higher value-added services. These services include application design, development, testing, integration and maintenance, as well as technology consulting and infrastructure management. India’s services and software exports continue to see significant growth. According to NASSCOM (India’s National Association of Software and Services Companies), the IT/BPO sector in India was an estimated $24.7 billion industry in 2006, and is projected to grow to greater than $60 billion by 2010.

Business Segments

The company report the operations of the business in the following four business segments:

Financial Services

In 2006, Financial Services business segment represented approximately 48% of total revenues. This business segment provides services to our customers operating in the following industries:

  • Capital Markets, focusing on the needs of broker / dealers, asset management firms, depositories, clearing organizations and exchanges.
  • Banking, focusing on traditional retail and commercial banks, and diversified financial enterprises.
  • Insurance, assisting with the needs of property and casualty insurers, life insurers, reinsurance firms and insurance brokers.

Healthcare

In 2006, Healthcare business segment represented approximately 23% of total revenues. This business segment provides services to our customers operating in the following industries:

  • Healthcare. Healthcare service teams focus on the following key industry solutions: Broker Compensation, Sales & Underwriting Systems, Provider Management, Plan Sponsor Administration, Electronic Enrollment, Membership, Billing, Claims Processing, Medical Management and Pharmacy Benefit Management.
  • Life Sciences. Some of Life Sciences solutions include: Prescriber Behavior Analysis and Insight, Longitudinal Prescription Data Management Systems, Sales Force Compensation Systems, Sales Data and Claims Data Management Systems, Clinical Trial Solutions, 21CFR11 Assessment and Computer Systems Validation, Data Mining and Business Intelligence Solutions, e-Business and Data Portals, and ERP implementation, upgrade, and maintenance services.

Manufacturing / Retail / Logistics

In 2006, Manufacturing, Logistics & Retail business segment represented approximately 15% of total revenues. This business segment services customers in the following industry groups:

  • Manufacturing and Logistics. Some of the Manufacturing and Logistics solutions include: Supply Chain Management, Warehouse and Yard Management, Waste Management, Transportation Management, Optimization, Portals and ERP solutions.
  • Retail. Some of retail solutions include: To Upgrade supply chain systems, ranging from order management to category and space management, warehouse management, logistics management, pricing and promotions, and merchandising management; Implement new point of sale solutions that embrace new international standards and provide new flexibility for supporting new merchandising initiatives; Implement point solutions developed by our Retail Center of Excellence. The Center of Excellence has built solution accelerators and defined implementation methodologies for multi-channel integration, and for Point of Sale systems migration; Accelerate the implementation of enterprise and customer relationship management; and Improve business intelligence effectiveness.

Other

The Other reportable business segment is an aggregation of operating segments which, individually, are less than 10% of consolidated revenues and segment operating profit. The Other business segment includes telecommunications, information services, media and high technology operating segments. In 2006, Other reportable business segment represented approximately 14% of total revenues.

References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki