About CTS...?
Type |
Public |
---|---|
Traded as | NASDAQ: CTSH NASDAQ-100 Component S&P 500 Component |
Industry | IT services, IT consulting |
Predecessor | Dun & Bradstreet |
Founded | January 26, 1994 |
Headquarters | Teaneck, New Jersey, United States |
Area served
|
Worldwide |
Key people
|
John E. Klein (Chairman) Francisco D'Souza (CEO) |
Services | IT, business consulting and outsourcing services |
Revenue | US$ 10.26 billion (2014)[1] |
Operating income
|
US$ 1.88 billion (2014)[1] |
Profit | US$ 1.43 billion (2014)[1] |
Total assets | US$ 11.71 billion (2014)[1] |
Total equity | US$ 7.74 billion (2014)[1] |
Number of employees
|
217,700 (March 31, 2015)[2] |
Slogan | Passion for making stronger Business |
Website | www |
It made an IPO in 1998, after a series of corporate splits and restructures of its parent companies. It was the first software services firm listed on the Nasdaq.[3] During the dot com bust, it grew by accepting the application maintenance work that the bigger players were unwilling to perform. Gradually, it ventured into application development, complex systems integration and consulting work. Cognizant saw a period of fast growth during the 2000s, becoming a Fortune 500 company in 2011.[4] In 2015, the Fortune magazine named it as the world's fourth most admired IT services company.[5]
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