Cognizant Recognized as Market Leader in Internet of Things Services
TEANECK, N.J. — May 17, 2018— Cognizant (Nasdaq: CTSH) has been recognized as a market leader in Internet of Things (IoT) services by Information Services Group (ISG), a leading independent global technology research and advisory firm. The ISG Provider Lens™ Internet of Things Quadrant Report names Cognizant as a leading provider in all four quadrants in which it has demonstrated capabilities – Overall IoT Services, and Healthcare, Connected Cars and Retail IoT.
Businesses recognize that IoT systems – using sensors toconnect everything from industrial assets, to everyday things, to people –provide data and actionable analytics that can help improve customer experienceand drive better business outcomes. According to ISG, more than a trilliondevices will be connected by 2020, and IoT has become a focus for manyorganizations.
“The benefits of IoT are undeniable. It can bring much ofthe physical world – from industrial assets to commonplace devices to people –into a connected ecosystem, resulting in better business outcomes,” saidEsteban Herrera, partner and global leader of ISG Research. “While the rate ofadoption among businesses in general is lagging behind the pace of IoTdevelopment, a number of industries are realizing significant value from IoT,including manufacturing, energy, utilities, retail, healthcare and transportation.”
The ISG report states Cognizant’s consulting, delivery andmanaged services have been pivotal to securing a varied client base acrossvertical markets. The report alsohighlights the role of Cognizant’s 10 digital labs around the world that arefocused on innovation and helping clients with technologies dedicated todifferent stages of the digital journey.
“Our clients realize the power of IoT in connecting people,places and things, and the rich insights the data from this ecosystem can provide,”saidGajen Kandiah, President, Cognizant Digital Business. “As IoT connectivityextends across the enterprise, factories and supply chains beyond – as well asbecoming more pervasive throughout our everyday lives at home, school and work– clients across industries are seeking Cognizant’s expertise to advance andimplement their IoT strategies. IoT, combined with applied analytics andintelligence, is helping them deliver greater business performance, productsand service offerings – all leading to superior customer experiences.”
The ISG Provider Lens™ Internet of Things Quadrant Reportevaluates 26 IoT providers serving the U.S. market across five quadrants: IoTServices; Healthcare IoT; Connected Cars IoT; Retail IoT, and IoT Platforms. Toview the full report, click here.