Cognizant Technology Solutions Corp. – Enterprise Tech Ecosystem Series
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Cognizant has been focusing on digital technologies including data analytics, AI, cloud computing, and IoT as a part of its digital transformation strategies. The annual ICT spending of Cognizant was estimated at $1.1 billion in 2021. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Cognizant is a provider of information technology, consulting, and business process outsourcing services.
The Cognizant enterprise tech ecosystem report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology initiatives, technology introductions, acquisitions, and ICT spending among others.
Digital Transformation Strategies
Cognizant is embracing digital technologies including data analytics, AI, cloud computing, digital engineering, and Internet of Things to offer innovative solutions to its customers and enhance operational efficiencies. It is using Evolutionary AI that optimizes machine learning models and automatically finds out efficient strategies based on legacy data to develop new business outcomes. In the cloud computing area especially, Cognizant is working with companies like Amazon, Microsoft, and Google, to build stronger capabilities in the areas of software as a service.
To gain more insights on the digital transformation strategies and initiatives of Cognizant, download a free report sample
Cognizant Technology Theme Focus
Cognizant is utilizing a number of emerging technologies including big data, IoT, and robotic process automation to improve operational efficiency and enhance service capabilities.
To know about other technology themes under focus for the company, download a free report sample
Cognizant Technology Initiatives
Cognizant has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and acquisitions over the past few years.
For instance, Cognizant has expanded its collaboration with Google Cloud to create Google Business Group, enhancing combined service capabilities and joint solutions development to meet the evolving needs of businesses customers related to cloud transformation, customer experience and security. This partnership combines Cognizant expertise in data, AI, and modernization services with Google Cloud’s deep data, to co create industry specific strategies and offerings that drive business outcomes and continue innovation for future.
For more insights on other technology initiatives of Cognizant, download a free report sample
Cognizant ICT Spend by Function
- Communications
- Data center
- Network
- Application
- End-user computing
- Service desk
- Management
For more insights on ICT spending by function, download a free report sample
Cognizant ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
For more insights on ICT spending by channel, download a free report sample
Cognizant External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
For more insights on external ICT spending by segment, download a free report sample
Cognizant Tech Ecosystem Overview
Total ICT Spending 2021 | $1.1 billion |
ICT Spend by Function | Communications, Data Center, Network, Application, End-User Computing, Service Desk, and Management |
ICT Spend by Channel | Internal Development and Maintenance, Technology Vendors (Direct), Local Resellers, Telcos, ICT Services Providers/Consulting Firms, Specialist Outsourcers, and Systems integrators |
External ICT Spend by Segment | ICT services, Software (including Cloud SaaS), Hardware (including Cloud Iaas), Network and communications, Consulting, and Others |
Technology Theme Focus | Big Data, IoT and Robotic Process Automation |
This report provides:
- Insight into Cognizant’s technology activities.
- Insights of its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, partnerships, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets and major ICT contracts.
Reasons to Buy
- Gain insights into Cognizant’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various product launches, partnerships, and acquisitions.
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Table of Contents
Frequently asked questions
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What was the total ICT spending of Cognizant in 2021?
The annual ICT spending of Cognizant was estimated at $1.1 billion in 2021.
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What are the key ICT spending categories by function for Cognizant?
The key ICT spending categories by function for Cognizant are communications, data center, network, application, end-user computing, service desk, and management.
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What are the key ICT spending categories by channel for Cognizant?
The key ICT spending categories by channel for Cognizant are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.
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What are the key external ICT spending categories by segment for Cognizant?
The key external ICT spending categories by segment for Cognizant are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), network and communications, consulting, and others.
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What are the key technology themes in focus for Cognizant?
The key technological theme in focus for Cognizant are big data, IoT, and robotic process automation.
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