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Introduction

In February 2020, Cognizant announced its financial results for FY19. Though these showed improved performance, the vendor is far from regaining the industry-leading position of its heyday.

Highlights

  • Cognizant's revenue remains constrained by lack of diversification in its vertical and geographical mix.
  • Cognizant has to battle faster-moving competition while continuing to transform.

Features and Benefits

  • Evaluates Cognizant's performance in FY19.
  • Assesses the main reasons behind the company's muted performance and what it needs to do to address these challenges.

Key questions answered

  • What does Cognizant's FY19 performance show?
  • What should Cognizant do to address its business challenges?

Table of contents

Ovum view

  • Summary
  • Cognizant's revenues remain constrained by its heavy dependence on two verticals and one geographical market
  • Cognizant is fighting battles on multiple fronts as it tries to reinvigorate its business
  • Cognizant's competitors have been quicker to diversify their vertical mix and grow their digital services businesses

Appendix

  • Further reading
  • Author