Quarterly Update
published on Feb 09, 2018
Report Overview:
NelsonHall’s Quarterly Update on Cognizant provides a snapshot of developments at Cognizant in the last quarter.
Who is this Report for:
NelsonHall’s Quarterly Update on Cognizant provides a snapshot of developments at the company in the last quarter. It accompanies NelsonHall’s more comprehensive Key Vendor Assessment program.
Both programs are designed for:
- Marketing, sales and business managers developing strategies to target service opportunities within the BPO/IT Services markets
- Sourcing managers monitoring the capabilities of existing suppliers of IT and BPO services and identifying vendor suitability for these services
- Consultants advising clients on vendor selection
- Vendor marketing, sales and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the BPO/IT services sector.
Scope of this Report:
The report provides a quarterly update on Cognizant, looking at financial performance and key developments during the period.
It accompanies NelsonHall’s Key Vendor Assessment program which looks at Cognizant’s IT and BPO offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphases and new developments
- Revenue breakdowns
- Analysis of the company’s offerings and key service components
- Analysis of the profile of the company’s client base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s strengths, weaknesses and outlook.
Key Findings & Highlights:
- Revenue growth is supported by acquisition
- Second quarter of y/y adjusted operating margin expansion: the drive to reduce corporate costs is taking effect
Solid performance throughout 2017 as Cognizant executes on 2020 Plan
- Revenues within guidance
- Non-GAAP operating margin tops guidance
Positive outlook for 2018
Guidance includes:
- Revenue growth similar to 2017, will again include some inorganic growth
- Significant margin expansion
Two acquisitions in Europe to expand Cognizant Digital Business
In U.S., announces formation of The Cognizant Foundation
