GlobalLogic, the digital product engineering company, has announced the appointment of Rajaram Radhakrishnan as Chief Revenue Officer. He will lead the strategy and execution of GlobalLogic’s unified go-to-market and drive the company’s next growth phase. At GlobalLogic, he will be responsible for Branding, Marketing, Sales, Channel and Strategic Partnerships of the company. Introduction of the…
Cognizant has been ranked #19 on Forbes’ 2020 list of “World’s Best Employers.” The award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry-ranking provider. The awards list was announced on October 15, 2020, and can be viewed on the Forbes website. “We recently launched our ‘Cognizant Agenda,’ a cultural blueprint…
Cognizant announced it has entered into an agreement to acquire Chicago-based 10th Magnitude, a leading cloud specialist focused exclusively on the Microsoft Azure cloud computing platform. The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities throughout the U.S. 10th Magnitude will…
Cognizant Technology Solutions Corporation, one of the world’s leading professional services companies, announced that Jan Siegmund will be appointed Chief Financial Officer, effective September 1, 2020. Prior to this role, Siegmund served as CFO of Automatic Data Processing, a leading global human capital management technology and service provider. He will succeed Karen McLoughlin, who will continue…
Cognizant announced it has entered into an agreement to acquire New Signature, one of the world’s largest independent Microsoft public cloud transformation specialists. The transaction is expected to close in the third quarter of 2020, subject to regulatory clearance and other closing conditions. Financial details were not disclosed. The acquisition of New Signature expands Cognizant’s…
Ramkumar Ramamoorthy, Chairman and Managing Director at Cognizant India has resigned after 22 years stint in the company, CEO Brian Humphries told employees. Ramamoorthy joined the company in 1998 as a programme manager with the content division. In his mail to employees, Brian Humphries said that Ramamoorthy has decided to retire from Cognizant effective 17…
Hitachi Vantara, a wholly owned subsidiary of Hitachi, recently announced that it’s board of directors recently announced that it has appointed former Cognizant executive Gajen Kandiah as Chief Executive Officer, effective July 13, 2020. Toshiaki Tokunaga, the current CEO and Chairman of the Board of Hitachi Vantara, will transition responsibilities to Kandiah through Oct. 1,…
Cognizant announced that it has completed the previously announced acquisition of the French operations of EI-Technologies, a Paris-based digital technology consulting firm and leading independent Salesforce specialist in France. The company said that EI-Technologies’ more than 300 employees in France will now join Cognizant, complementing its global Salesforce practice and expanding client resources in Europe.…
US-based IT services firm Cognizant has recently offered a voluntary separation package for select employees in the United States. As the company weighs its prospect due to the COVID-19 pandemic, it has offered the scheme to employees who move to the bench between May 1 to August 31, 2020. According to an internal email, the…
IT services giant Cognizant recently announced that its Chief Operating Officer Srinivasan Veeraraghavachary has decided to step down from his position. His resignation adds to the list of senior executives who left the company under new Chief Executive Officer Brian Humprhries’ leadership. Srinivasan has been associated with the American IT firm for over two decades.…
American IT services company, Cognizant has recently entered into an agreement to acquire Collaborative Solutions, a US-based global consultancy firm. The company specializes in Workday enterprise cloud applications for finance and human resources. The transaction is expected to be closed in the second quarter of 2020, subject to regulatory clearance and satisfaction of certain closing…
US-headquartered IT firm Cognizant Technology Solutions is looking to pay an additional 25% of base pay to some of its employees in India and the Philippines as a major chunk of its offshore workforce is working remotely due to the coronavirus pandemic. As the world battles coronavirus pandemic, different companies are trying in their own…
IT services giant Cognizant recently said that it has signed an agreement to acquire digital marketing consultancy firm Lev. However, the financial details of the transaction have been kept undisclosed yet. According to a statement by Cognizant, “Lev helps businesses simplify and modernize their marketing campaigns using Salesforce Marketing Cloud to provide data-driven insight and…
Cognizant, the New-Jersey headquartered IT services provider, has been making massive changes in the ways it used to handle its operations. The company has been going through a major transformation under its CEO Brian Humphries, who took charge in April 2019. Under Humphries, the company announced its plan to remove 10,000-12,000 mid-to-senior level associates globally,…
Cognizant, an IT services company on Friday announced that it has opened a new facility in Mangaluru. This is said to be Cognizant’s fourth facility in Karnataka after Mysuru and Bengaluru. The new 100,000sq-ft facility boasts of accommodating more than 1,100 employees. Cognizant has a long association with Mangaluru since 2011 after acquiring CoreLogic Global…