“Run-better, run different”: Can the $10 Billion Cognizant thrive in the As-a-Service Economy?

Cognizant celebrated its 20th year as a company by crossing the $10 billion revenue line in fiscal year 2014. The company achieved this milestone despite a mid-year warning about potentially missing projections due to longer-than-expected sales cycles. HfS believes that Cognizant is clearly on the path of reinvention, but the reinvention at this time seems still to be more visible in pockets, such as in Healthcare, Life Sciences, and Capital Markets and not yet consistent across all clients, industries and geographies. In pooling our research and insights, we share a view of three areas where Cognizant is moving with clients into the “As-a-Service Economy.”