CTSH
NASDAQ:CTSH
Cognizant
- Stock
75.23
+2.26%
4.81
news - Aug 13, 2025 - 13:52
Cognizant's India M&A team gets consultants to up inorganic growth
Cognizant Technology Solutions has expanded its mergers and acquisitions (M&A) team in India by hiring at least five executives from leading consulting firms including PwC, Deloitte, and EY. The move supports the company's strategic focus on inorganic growth, with plans to grow the India-based M&A team to 8–10 people. Former executives from PwC India, Deloitte, and EY have joined the corporate development team, while Timothy Crowhurst, head of corporate development, is leaving to pursue new opportunities. Peter Zerwas will temporarily lead M&A sourcing and execution in Asia Pacific, and Daryl Green will continue overseeing strategic due diligence and post-merger integration. Cognizant has completed over 25 acquisitions since 2017, including Belcan (valued at $1.3 billion), Thirdera, and others, with inorganic contributions expected to add 2.5 percentage points to its 2025 revenue growth forecast of 4.7–6.7%. The company reported 7.2% year-over-year revenue growth in Q2 2025, with 4 percentage points attributed to Belcan, which operates in aerospace and defence. This expansion comes amid a lull in organic revenue growth for Indian IT firms and as Cognizant seeks to strengthen its competitive position.
m.economictimes.comnews - Aug 12, 2025 - 23:56
GMR Institute of Technology - GMRIT: Courses, Fees, Admission 2025, Placements, Ranking
GMR Institute of Technology (GMRIT), established in 1997 and located in Andhra Pradesh, is a private engineering institute affiliated with Jawaharlal Nehru Technological University (JNTUK). Approved by AICTE and recognized by the Government of Andhra Pradesh and DTE, GMRIT offers undergraduate (BTech) and postgraduate (M.Tech) programs. The institute emphasizes industry-academia collaboration and provides strong placement opportunities, with a 95% placement rate in 2024, top recruiters including Google, Amazon, Cognizant, and TCS, and a highest package of INR 40 LPA. Admission is based on merit and entrance exams such as AP EAMCET, AP PGECET, GATE, and AP ECET. The college offers 18 BTech and 7 M.Tech programs with a combined seat capacity of 1350. Key courses include BTech in Computer Science and Engineering, Mechanical Engineering, and Civil Engineering, with specific cutoffs and fees detailed for each specialization.
shiksha.comnews - Aug 12, 2025 - 21:35
Concentrix at Canaccord Conference: AI and Strategic Growth
Concentrix Corp (NASDAQ:CNXC) presented at Canaccord Genuity’s 45th Annual Growth Conference, highlighting its strategic focus on AI deployment and vendor consolidation. The company reported exceeding revenue guidance for the last quarter, attributing success to strong bookings and the adoption of its IX Hello and IX Hero products. It raised its full-year revenue forecast and anticipates margin improvements by fiscal year 2026. The WebHelp acquisition has delivered approximately $120 million in synergies, strengthening Concentrix’s presence in Europe and Latin America. The company expects offshore delivery trends to create a two percentage point headwind on revenue growth but improve margins. AI is being deployed across desktops, with the IX Hello platform offering full automation. Concentrix differentiates itself from pure-play AI vendors by emphasizing compliance, data readiness, and integration with existing infrastructure. The company sees growing demand for integrated ITO, BPO, and CX services, with new deals typically involving multi-pillar solutions combining technology and business lines. It continues to pursue strategic acquisitions to expand its footprint and capabilities.
investing.comnews - Aug 12, 2025 - 21:09
The Google-Salesforce Customer Data Breach: What Really Happened?
Google revealed a cyberattack in June 2025 that compromised customer data stored in a Salesforce corporate database. The breach was carried out via voice phishing (vishing), where attackers impersonated IT support and tricked administrators into installing a malicious version of Salesforce Data Loader. The threat actor, ShinyHunters (UNC6040), is believed to have stolen approximately 2.55 million customer records, primarily consisting of basic business contact information. Google confirmed the incident and completed email notifications to affected parties by August 8, 2025. Experts emphasize that the breach was not due to technical flaws in Salesforce or Google’s systems, but rather a human-centric failure involving trust and poor vendor vetting. Recommendations include only using software from trusted sources, conducting regular security awareness training, and implementing robust incident response plans.
cxtoday.comnews - Aug 12, 2025 - 13:46
Navigating Supply Chain Modernization with SAP RISE and Cognizant
The article discusses the evolution of industrial B2B supply chains in response to geopolitical shifts, rising consumer demand, climate change, and sustainability pressures. It highlights the limitations of legacy ERP systems and fragmented data, emphasizing the need for modernization. SAP RISE, a subscription-based cloud platform offering SAP S/4HANA Cloud, business process intelligence, and migration support, is presented as a solution to enable agile, data-driven, and resilient supply chains. Cognizant, as an SAP partner, provides AI-driven analytics and cloud-based solutions through RISE with SAP, targeting industries such as retail, CPG, manufacturing, oil & gas, and utilities. These solutions aim to improve end-to-end visibility, reduce total cost of ownership, increase operational flexibility, support real-time decision-making, and align with sustainability and compliance goals. The integration of AI and generative AI is seen as key to managing supply chain risks and enabling broader business user engagement with intelligent supply chain tools.
logisticsviewpoints.comDescription
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services; Healthcare; Products and Resources; and Communications, Media and Technology. The company offers customer experience enhancement, robotic pr...Show More
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