$CTSH Cognizant Technology Solutions Corporation Deep Dive and 2024 Outlook

The systems integrator is getting back to highs after a consolidation period

Cognizant Technology Solutions Corporation, founded in 1994 by Kumar Mahadeva and Francisco D'Souza, is a leading American multinational provider of IT services, consulting, and business process outsourcing (BPO) solutions. Initially established as a technology development arm of Dun & Bradstreet, it became an independent entity in 1996 and quickly gained prominence during the dot-com boom by offering application maintenance services.

Cognizant's product offerings encompass various technologies including Artificial Intelligence, Digital Engineering, Cloud Services, and Internet of Things (IoT). The company specializes in helping clients modernize their technology infrastructure, reimagine business processes, and enhance customer experiences through digital transformation.

Cognizant serves various industries such as banking, healthcare, consumer goods, and media, with a strong presence in North America, Europe, and Asia-Pacific. The company is recognized as a Fortune 500 member and is known for its strategic focus on industry-specific solutions that drive innovation and operational efficiency for its clients.

The big questions for Cognizant Technology Solutions Corporation and the stock in 2024?

1. How will Cognizant adapt to the evolving landscape of AI and automation?

2. How will the Cognizant manage its operational costs amidst economic challenges?

3. What is the outlook for Cognizant's key markets, particularly in healthcare and financial services?

4. What strategies will Cognizant implement to improve revenue growth?