Cognizant (NASDAQ: CTSH), a leading provider of consulting, technology, and business process outsourcing (BPO) services, has announced the operational expansion of its Phoenix delivery center, adding BPO services to an existing roster of application development, application maintenance, testing, and related services.
Cognizant's Phoenix BPO center will initially provide claims processing services for one of the largest healthcare plans in the U.S. Cognizant expects to hire more than 100 full-time professionals in the next 12 months, drawing talent from the local market and academic community. As a result, Cognizant's overall presence in Phoenix will grow to about 400 full-time employees.
"With this expansion, we are able to offer clients U.S.-based delivery capability across all our major service offerings," said Francisco D'Souza, President and CEO, Cognizant. "We are committed to working closely with the academic community to develop talent across our full range of services."
Phoenix is one of Cognizant's six delivery centers in the U.S. The others include a global Network Operations Center (NOC) in Holliston, Mass., that supports Cognizant's IT Infrastructure Services business, and an enterprise analytics center of excellence in Bridgewater, N.J. In addition, software delivery centers in Bentonville, Ark., Teaneck, N.J., and Chicago provide application development, maintenance, testing, and packaged software implementation services.
In addition to Phoenix, Cognizant delivers BPO services from local, regional and global centers in the U.S., Eastern Europe, India, and China.
Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services. Cognizant's single-minded passion is to dedicate our global technology and innovation know-how, our industry expertise and worldwide resources to working together with clients to make their businesses stronger. With more than 50 global delivery centers and over 64,000 employees as of June 30, 2009, we combine a unique onsite/offshore delivery model infused by a distinct culture of customer satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant is a Forbes Global 2000 company and a member of the Fortune 1000 and is ranked among the top information technology companies in BusinessWeek's Hot Growth and Top 50 Performers listings. Visit us online at www.cognizant.com.
This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our most recent Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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SOURCE: Cognizant Technology Solutions
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