ALM Intelligence Recognizes Cognizant for "Robust and Comprehensive" IoT Portfolio
TEANECK, New Jersey, Jan. 20, 2016 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced that it has been recognized as a top performer in the Internet of Things IT Consulting report by ALM Intelligence (formerly Kennedy Consulting Research and Advisory), a leader in market analysis on the consulting profession.
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ALM Intelligence's Internet of Things IT Consulting report assessed 21 firms on their abilities to guide clients. The firms were categorized as offering Management Consulting, Multi-Service Consulting, IT Consulting, or End-to-End Consulting—and assessed on the breadth and depth of their capabilities, including strategy development, IoT operating model and organizational impact, use of data and analytics, IoT solution design, and security and compliance.
In the report, Cognizant was named to The ALM Vanguard™ as one of the leading five providers who "demonstrate either market-leading depth in particular capabilities or meaningful depth across a broad spectrum of capabilities." Cognizant was rated highly for its "robust and comprehensive IoT consulting portfolio," that is "backed and strengthened by an array of strategy and solution accelerators and labs that allow it to rapidly build and test prototypes with clients."
According to the report, features earning Vanguard status for Cognizant are:
"IoT holds great promise in cost savings, process efficiencies and revenue gains for business, but this potential does not come without risk, concern and complexity," said ALM Intelligence Senior Analyst and report author Erin Hichman. "Whether in the early stages of understanding, designing and implementing IoT solutions, or more advanced, looking to kick-start larger scale projects and make more significant investments in IoT, companies are seeking partners like Cognizant who can help them successfully navigate this emerging area and unlock the tremendous potential it holds. Cognizant stands apart from other IT consulting firms with its ability to rapidly take clients from concept to working prototype, as well as its depth and understanding of organizational and IT operating implications of IoT and expertise in sensors, devices, and ability to design effective solutions."
"We understand that IoT comprises one of the most complex ranges of technologies and encompasses broad organizational challenges for our clients looking to implement successful smart product, or smart process solutions, at scale," said Sean Middleton, Chief Operating Officer, Emerging Business Accelerator, at Cognizant. "Cognizant helps clients understand what is possible and takes a multi-disciplinary approach to IoT, bringing capabilities in business consulting, cloud infrastructure services, analytics and other specialized areas together with our Digital Works Accelerator methodology. This allows us to help clients move rapidly to envision and build IoT solutions, with a growing portfolio of success across industries. We're pleased that ALM Intelligence recognizes Cognizant as a partner clients can rely on as their businesses become more digital every day."
Learn more about the ALM Intelligence Internet of Things IT Consulting report: http://www.consulting.almintel.com/research/it/2015-internet-of-things-it-consulting
About ALM Intelligence
ALM Intelligence provides accurate and reliable market sizing and forecasts on consulting services worldwide, needs-analysis and vendor profiling for buyers of consulting services, timely and insightful intelligence on the top consulting firms in their respective markets, and operational benchmarks that measure consulting performance.
ALM Intelligence's research spans multiple service areas, client vertical industries, and geographies. Our analysts provide expert commentary at consulting industry events worldwide, and offer custom research for Management Consulting and IT Services firms. More information about ALM Intelligence is available at consulting.almintel.com
ALM Intelligence is part of ALM, a global leader in specialized industry news and information. Trusted reporting delivered through innovative technology is the hallmark of ALM's award-winning media properties. Headquartered in New York City with 18 offices worldwide, ALM brands have been serving their markets since 1843. ALM was named among Folio: Magazine's Top Places to Work in Media in 2014. For more information, visit www.alm.com.
About Cognizant
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centers worldwide and approximately 219,300 employees as of September 30, 2015, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.
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