The Satyam connect
On January 26, 1994, Cognizant was incubated as a joint venture between Dun & Bradstreet and Satyam (now Mahindra Satyam).
It was one of the 600-odd companies thriving on a single business idea - leveraging talent from India to serve global customers in the field of technology.
Twenty years later, the company has grown into India's second-largest information technology (IT) services company, after Tata Consultancy Services (TCS).
Compared with 200 employees and revenue of about $2 million in 1994, the company today has 166,000 employees and market capitalisation of $30 billion; its revenue for 2013 is estimated at $8.8 billion.
It has been a steady, but dazzling rise for the IT major since 1998, when it was listed on the NASDAQ exchange.
Text: TE Narasimhan, Business Standard
Image: Texas governor Rick Perry announces the relocation to College Station of the headquarters of Cognizant.