COGNIZANT TECHNOLOGY SOLUTIONS Presence in IoT Engineering Services
Cognizant focuses on developing and expanding its core businesses, including IT, business process, services, and consulting. The company emphasizes on innovations and service differentiation to sustain its position in the market. Hence, it has strategized itself to achieve a high level of functional efficiency, while also composing effective digital businesses. Cognizant aims at investing profits back into its business, as it would significantly strengthen the cash flow of the system, leading toward the revenue growth. Cognizant has built an innovation process, Cognizant’s Digital Works accelerator methodology, which helps its clients achieve business transformation through IoT. Cognizant’s Digital Works includes 4 strategies; digital strategy, foundational technology, experience strategy, and design and industry knowledge.
The company follows both organic and inorganic growth strategies to emerge as a leader in the IoT engineering services market. In line with its organic growth strategy, it opened digital business collaborator and customer success centers in Europe to design the most high-end and the latest IoT infrastructure. The centers have the highly skilled engineering teams, which wholly focuses on building an innovative IoT ecosystem. This move has also helped the company in emerging as a strong vendor in Europe and gaining more customers and a positive revenue.