No, Cognizant Technology Solutions or CTS is not an Indian company. It is an American multinational company headquartered in Teaneck, New Jersey, United States. CTS specialises in information technology or IT consulting, outsourcing and business processes. The company helps businesses in undergoing digital transformations, revamp processes and improve customer experiences through digital innovations.
CTS offers a broad range of technological solutions and services, including intelligent process automation, AI-enabled automation, generative AI, cloud solutions, infrastructure services, digital marketing, cybersecurity, application development, engineering research and development, data analytics, IoT, e-commerce solutions and hyper-personalised customer experiences. The company serves multiple sectors like banking, media, healthcare and biopharma.
| Details | Info |
| Founded | 1994 |
| Founder | Kumar Mahadeva |
| Headquarters | Teaneck, New Jersey, United States |
| CEO | Ravi Kumar Singisetti |
| Sector | Information Technology |
Company History
CTS was founded in 1994 in Chennai, India as a joint venture between Dun & Bradstreet and Satyam Computers. It was initially named Dun & Bradstreet Satyam Software and was established to provide IT development services for the operational needs of Dun & Bradstreet. However, the company started serving external clients as well from 1996 onwards.
In the year 1996, Dun & Bradstreet spun off several subsidiaries, including DBSS, to form Cognizant Corporation, which was headquartered in Chennai. In July 1997, Dun & Bradstreet bought Satyam’s 24% stakes in DBSS, which was renamed Cognizant Technology Solutions and its headquarters was shifted to the United States.
Cognizant Corporation split into IMS Health and Neilsen Media Research in the year 1998. Cognizant Technology Solutions became a subsidiary of IMS Health. Subsequently, the company expanded its offerings in application development, IT consulting and outsourcing. CTS became an independent entity in the year 2003.
In the first two decades of the 21st century, CTS expanded globally and diversified its offerings to cloud computing, data analytics and AI.
Current Status
CTS is a major global player in IT consulting, outsourcing and AI-driven digital transformation. The company operates in more than 40 countries across North America, South America, Asia-Pacific, Europe and the Middle East. Its key markets include India, China, Brazil, Spain, Japan, France, Germany, Argentina and Australia.
CTS has entered into strategic alliances with Google Cloud and Shopify to improve digital commerce for global retailers, particularly through AI integration and platform modernisation.
Future Outlook
CTS is expected to focus on agentic AI, digital transformation and industry-specific solutions to maintain steady growth in the upcoming years. The company is likely to focus more on high-growth sectors like insurance, biopharma and tolling. CTS expects 20-30% of its revenues from AI services by 2026.