Leading Market Research Firm Positions Cognizant as a Leader in Global Testing Services
By Cognizant, PRNEWednesday, September 8, 2010
Global Vendor Analysis Cites Cognizant's Rapid Growth, Domain Depth, and Strong Process Framework
TEANECK, New Jersey, September 9, 2010 - Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology,
and business process outsourcing services, has been ranked a leader in
enterprise application testing services in an IDC MarketScape analysis of 13
global third-party testing firms.
"IDC views Cognizant as one of the leading players with major market
momentum that is helping drive efficient process and workflow into its global
testing services practice," according to "IDC MarketScape: Global Testing
Services, 2010 Vendor Analysis" by Rona Shuchat, Mukesh Dialani, and
Melinda-Carol Ballou.
"Cognizant has been growing at an accelerated pace in testing services as
well as across its ADM service lines," the report says. "A key part of
Cognizant's approach is to adapt to the QA maturity level of its clients,
engaging systematically to find ways to reduce inefficiencies and waste, in
turn supporting redirection of investment toward business priorities. To this
end, Cognizant works at creating client communities, sharing best practices
in how to overcome internal customer challenges."
"Its testing practice is aligned with industries of specialization - such
as financial services, healthcare, manufacturing/retail, telecommunications,
and media and entertainment. This vertical alignment parallels its broader
vertical sales strategy, enabling it to leverage its domain expertise and
domain-aligned testing model," says the report. "As a result of its deep and
focused solution content, Cognizant 2.0 process orchestration framework, and
go-to-market strategy, Cognizant ranks in the leadership quadrant in our IDC
enterprise application services assessment, for both discrete and embedded
views."
"We are delighted to be recognized as a leader in IDC MarketScape's
comprehensive global survey," said Sumithra Gomatam, Senior Vice President
and Global Head of Cognizant's Testing Practice. "At a time when our clients
are facing increasing economic, industry, and technology shifts, we have
focused our global testing team on helping our clients champion software
quality and, in the process, build more effective businesses.
"Our highly experienced testers, consulting expertise, and robust testing
processes, methodologies, tools, and frameworks help us enhance testing
efficiency and precision, reduce costs, decrease cycle times, and provide our
clients with superior software quality," Sumithra added. "Thanks to our
expertise on both the business and technical sides of testing, we have been
able to create enterprise-wide managed test centers and expand our service
portfolios to related areas such as test environment management and
cloud-based testing."
The report, "IDC MarketScape: Global Testing Services, 2010 Vendor
Analysis," by Rona Shuchat, Mukesh Dialani, and Melinda-Carol Ballou, July
2010, IDC #223954, Volume: 1, Application Outsourcing Services: Competitive
Analysis, is available from IDC at www.idc.com.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview
of the competitive fitness of ICT (information and communications technology)
suppliers in a given market. The research methodology utilizes a rigorous
scoring methodology based on both qualitative and quantitative criteria that
results in a single graphical illustration of each vendor's position within a
given market. IDC MarketScape provides a clear framework in which the product
and service offerings, capabilities and strategies, and current and future
market success factors of IT and telecommunications vendors can be
meaningfully compared. The framework also provides technology buyers with a
360-degree assessment of the strengths and weaknesses of current and
prospective vendors.
About Cognizant's Testing Practice
Cognizant's Testing practice is an independent business unit within
Cognizant, focused on verification and validation of applications. With the
establishment of this business unit in 2001, Cognizant pioneered the concept
of an independent Testing practice. Since then Cognizant's Testing practice
has grown organically to more than 12,000 career testers, testing code
written by Cognizant as well as by third parties, including clients and
competitors. Over 75 percent of the code tested by Cognizant is developed by
clients or third-party vendors. Cognizant's Testing practice is organized by
areas of industry specialization such as financial services, healthcare,
manufacturing, retail, telecommunication, and media and entertainment. This
alignment helps leverage Cognizant's domain expertise and provide
domain-aligned testing, a critical success factor for independent software
testing.
About Cognizant
Cognizant (Nasdaq: CTSH) is a leading provider of information technology,
consulting, and business process outsourcing services. Cognizant's
single-minded passion is to dedicate our global technology and innovation
know-how, our industry expertise and worldwide resources to working together
with clients to make their businesses stronger. With over 50 global delivery
centers and approximately 88,700 employees as of June 30, 2010, we combine a
unique global delivery model infused with a distinct culture of customer
satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant
is a Forbes Global 2000 company and a member of the Fortune 1000 and is
ranked among the top information technology companies in BusinessWeek's Hot
Growth and Top 50 Performers listings. Visit us online at
www.cognizant.com.
Forward-Looking Statements
This press release includes statements which may constitute
forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, the accuracy of which are
necessarily subject to risks, uncertainties, and assumptions as to future
events that may not prove to be accurate. Factors that could cause actual
results to differ materially from those expressed or implied include general
economic conditions and the factors discussed in our most recent Form 10-K
and other filings with the Securities and Exchange Commission. Cognizant
undertakes no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or otherwise.
Catherine Marenghi, Public Relations, +1-781-223-8673, catherine.marenghi at cognizant.com
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