Cognizant Cited as a Leader by Independent Research Firm in North American Applications Outsourcing Report, Q1 2007

Cognizant Cited as a Leader by Independent Research Firm in North American Applications Outsourcing Report, Q1 2007

Cognizant (NASDAQ: CTSH), a leading provider of IT and business process outsourcing services, today announced that it was among the select companies that Forrester invited to participate in The Forrester Wave: North American Applications Outsourcing Q1 2007. In this evaluation, Cognizant was recognized as a leader in the report and cited as the top offshore provider for North American applications outsourcing.

“Among leading Indian offshore firms, Cognizant received the highest overall grade for cultural fit while remaining price-competitive,” states the report by Forrester Research. “Cognizant performed well in our analysis because of a variety of strengths. One that stood out in particular was its cultural affinity with US clients. ‘What makes them so good is their ability to understand the U.S. culture,’ said one customer reference, who rated Cognizant as its top applications outsourcing (AO) provider. Cognizant also exhibited strong price competitiveness: a one-two punch that helps to explain its rapid growth.”

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