Cognizant (NASDAQ: CTSH) was named a "Leader" in the "The Forrester Waveâ„¢: BI Service Providers, Q4 2014," (October 2014) by Forrester Research, Inc. The report evaluated 12 large global BI service providers and evaluated and scored them on the basis of a comprehensive methodology across 30 criteria relating to current offering, strategy, and market presence.
The Forrester report identified Cognizant as one of the "Leaders of the pack," and noted: "In this evaluation, Cognizant received top scores for its delivery capabilities and strategic investments the firm made in business intelligence, such as a number of non-client-facing business intelligence R&D resources, among others. Cognizant also received high scores for its expertise across geographies and industries (specifically in financial services, healthcare, life sciences, insurance, retail, and business and consumer services), and broad technology partnerships."
The report also stated that, "Cognizant's thought leadership is characterized by its development of its "Code Halo" research, which it is using directly in client engagements."
"We believe this recognition by Forrester Research speaks to the strength of our information management and analytics products and solutions that help our clients make data driven decisions and realize business value," said Karthik Krishnamurthy, Vice President and Global Business Leader for Enterprise Information Management at Cognizant. "Our clients today increasingly depend on data driven insights as the foundation for addressing their dual mandate of running better, or driving cost efficiencies and business effectiveness and running different, or fueling growth and digital transformation. With our unique portfolio of industry domain expertise, advisory consulting, data driven technology services and business analytics solutions, we are well positioned to partner with our clients and deliver successful business outcomes."