Cognizant Positioned as a Leader in IDC MarketScape: Worldwide Business Analytics for Business Process Outsourcing

Cognizant (NASDAQ: CTSH) has been positioned as a Leader in business analytics for business process outsourcing in the recently published "IDC MarketScape: Worldwide Business Analytics BPO Services 2014 Vendor Assessment".*

The IDC MarketScape report evaluates global business analytics BPO service providers based on a comprehensive and rigorous framework, and assesses them across two key criteria: current capabilities and future strategy.

"The industry-aligned Business Process Services practice within Cognizant brings strategic insight, technology expertise, and industry and business process experience to help clients harness the forces shaping the future of work," the report noted. "Cognizant's intent is to make organizations agile and competitive while ensuring superior business outcomes. Cognizant's approach includes planning, building, operating, and optimizing any and all parts of the company's clients' business processes. Its analytics approach engages clients' business to both 'run better' (through operational analytics, risk and compliance, and process efficiencies) and 'run different' (through targeting newer geographies, creating new products, and enhancing customer experience) solutions.

"Cognizant's analytics BPS solutions include contractual and operational insights (using analytics to create better processes), analytics consulting (short- or long-term projects to define and implement data and analytics strategy), and business outcomes—driving tangible insights and outcomes and integrated outcome capabilities—all working together to move clients toward ongoing, iterative, and automated analytics value," the report added.

"We are honored that IDC recognizes our industry expertise as well as our ability to unlock value from data," said Gajen Kandiah, Executive Vice President of Business Process Services at Cognizant. "By weaving together industry-specific business process services and analytics expertise, we help our clients harness the power of information and insights to make better decisions and improve critical business outcomes, while enhancing overall productivity. We are committed to helping our customers win by extracting business value from Code Halos or the information that surrounds people, organizations, processes, and products."

* IDC MarketScape: Worldwide Business Analytics BPO Services 2014 Vendor Assessment, doc #249299, June 2014. Click here to access the report.

Source : Equity Bulls

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