PRN: Cognizant Cited as a Leader in Business Technology Transformation by Independent Research Firm
Cognizant Cited as a Leader in Business Technology Transformation by Independent Research Firm
- Cognizant Business Consulting recognized for 'strong vision,' 'superb client references,' and deep understanding of technology-enabled business transformation
TEANECK, New Jersey, July 20, 2012 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced it was named a "Leader" in the "The Forrester Waveâ¢: Business Technology Transformation, Q3 2012," published July 19, 2012. The Forrester Research Inc. report evaluated and scored Cognizant Business Consulting (CBC), Cognizant's consulting practice, on the basis of a comprehensive methodology across 18 criteria relating to current offering, strategy, and market presence.
Cognizant was among the vendors to receive the highest possible scores for vision, business organization, management credentials, and case studies. Cognizant "has a very strong vision; its client references were superbâ�”both on the business and technology sideâ�”and it is clear that it deeply understands technology-enabled business transformation. Cognizant is the company to watch in this space in 2012 and 2013," the report stated.
CBC offers high-value consulting services that help clients improve business performance, increase competitive advantage through added efficiency and effectiveness, lower operational expenses, and realize innovation and virtualization strategies. Clients draw upon CBC's deep industry expertise, program and change management capabilities, and analytical objectivity to improve business productivity, drive technology-enabled business transformation, and increase shareholder value. CBC operates across 10 vertical industries, including financial services, consumer goods and healthcare, and six horizontal practices that specialize in cross-industry capabilities such as analytics, program management, and customer solutions.
"We are pleased to have been cited by Forrester Research as a Leader in technology-enabled business transformation, and are especially pleased with our strong client references," said Mark Livingston, Senior Vice President, Consulting, Cognizant. "We feel that Cognizant's ranking as a Leader speaks to the strength of our vision for and deep understanding of business transformation, driven by a global team of consultants with a mix of cross-industry skills and deep industry knowledge. Our unique integrated consulting approach transcends strategy, process, people, and technology, and enables our clients to achieve a 'business without boundaries' operating model, creating flexible business and IT models that are adaptive to the converging forces represented by the global and virtual nature of international business."
To learn more about the July 19, 2012 report, "The Forrester Waveâ¢: Business Technology Transformation, Q3 2012," please visit www.forrester.com.
Company Codes: NASDAQ-NMS:CTSH