Tag: Cognizant

  • Why Cognizant Sues Indian Tech Giant Infosys in US Court; Know the Reason Here | Technology News

    Cognizant vs Infosys In US Court: US-based software company Cognizant TriZetto has filed a lawsuit against Indian tech giant Infosys in a Texas federal court, accusing Infosys of stealing confidential information related to its healthcare insurance software.

    This comes 8 months after Infosys sent a missive to Cognizant accusing the US-based IT firm of unfair employee poaching. However, Infosys has denied all allegations levelled by Teaneck-based rival Cognizant’s subsidiary Cognizant TriZetto in Texas federal court. 

    Cognizant, headquartered in New Jersey and with 70% of its employees in India, claims that Infosys unlawfully extracted data from its databases and used this information to develop and market competing software. 

    Cognizant’s software includes TriZetto’s Facets and QNXT, used by healthcare insurance companies to automate administrative tasks. According to the complaint by Cognizant, Infosys misused TriZetto’s software to create “Test Cases for Facets,” which improperly repackaged TriZetto’s data into an Infosys product. Notably, the companies are locked in a closed combat even in the market with both companies approaching $20 billion in revenue. 

    Cognizant has requested the court to award an unspecified amount in monetary damages and to issue an order directing Infosys to cease the misuse of its trade secrets. Moreover, you will be surprised to know that the Cognizant’s Chief Executive Officer Ravi Kumar S is an Infosys veteran, having served as its president and deputy Chief Operating Officer for over nine years, with the stint ending in October 2022. 
     
    Just two before this saga, Cognizant appointed Rajesh Varrier to replace former Cognizant India Chairman and Managing Director Rajesh Nambiar, who will assume the role from October 1, 2024.  

  • Former Infosys President Ravi Kumar joins Cognizant

    BENGALURU: Former Infosys President Ravi Kumar, who lately give up the corporate after serving its president for six years, will likely be becoming a member of because the president for Cognizant Americas on January 16, 2023.

    Cognizant Americas accounts for over 70% of the corporate’s overall annual revenues.

    In an interior mail to workers, Cognizant CEO Brian Humphires stated, “Ravi will likely be accountable for the strategic path and operational efficiency of our trade in the USA, Latin The united states and Canada, together with our business groups, the Americas Consulting organisation, and the worldwide Huge Offers crew.”

    Ravi Kumar will even function an in depth spouse to Cognizant CEO. Primarily based in New York, he’ll additionally sign up for the Government Committee (EC). He has over two decades of enjoy within the consulting, procedure and era transformation area.

    Kumar, who’s a member of a number of forums, is predicted to force massive transformational programmes for Cognizant.

    Cognizant additionally introduced the appointment of Prasad Sankaran as the brand new head of the Tool & Platform Engineering observe space, efficient November 1, 2022.  He joins Cognizant from Bain & Corporate, the place he was once a senior vp and chief within the company’s Endeavor Generation world observe.

    Sankaran prior to now spent 25 years at Accenture together with his ultimate position as senior managing director.

    The Nasdaq-listed IT services and products corporate, which follows the calendar yr, had reported $4.9 billion income in the second one quarter ended June 2022.

    In the meantime, Surya Gummadi, who was once serving as meantime chief of Cognizant Americas, will go back to guide its $5 billion Well being Sciences trade. Gummadi is broadly thought to be one of the crucial corporate’s maximum gifted executives.

    “Over his two-decade Cognizant occupation, Surya has risen abruptly to senior ranges of management whilst construction a faithful shopper and affiliate following,” Humphires stated.

    BENGALURU: Former Infosys President Ravi Kumar, who lately give up the corporate after serving its president for six years, will likely be becoming a member of because the president for Cognizant Americas on January 16, 2023.

    Cognizant Americas accounts for over 70% of the corporate’s overall annual revenues.

    In an interior mail to workers, Cognizant CEO Brian Humphires stated, “Ravi will likely be accountable for the strategic path and operational efficiency of our trade in the USA, Latin The united states and Canada, together with our business groups, the Americas Consulting organisation, and the worldwide Huge Offers crew.”

    Ravi Kumar will even function an in depth spouse to Cognizant CEO. Primarily based in New York, he’ll additionally sign up for the Government Committee (EC). He has over two decades of enjoy within the consulting, procedure and era transformation area.

    Kumar, who’s a member of a number of forums, is predicted to force massive transformational programmes for Cognizant.

    Cognizant additionally introduced the appointment of Prasad Sankaran as the brand new head of the Tool & Platform Engineering observe space, efficient November 1, 2022.  He joins Cognizant from Bain & Corporate, the place he was once a senior vp and chief within the company’s Endeavor Generation world observe.

    Sankaran prior to now spent 25 years at Accenture together with his ultimate position as senior managing director.

    The Nasdaq-listed IT services and products corporate, which follows the calendar yr, had reported $4.9 billion income in the second one quarter ended June 2022.

    In the meantime, Surya Gummadi, who was once serving as meantime chief of Cognizant Americas, will go back to guide its $5 billion Well being Sciences trade. Gummadi is broadly thought to be one of the crucial corporate’s maximum gifted executives.

    “Over his two-decade Cognizant occupation, Surya has risen abruptly to senior ranges of management whilst construction a faithful shopper and affiliate following,” Humphires stated.