Forrester Research recognizes Cognizant as a leader and cited as the top offshore provider for North American applications outsourcing. Cognizant takes a holistic approach to managing outsourcing engagements via its unique relationship management model. Cognizant tracks a client engagement at various levels to ensure that all aspects like project delivery, infrastructure, quality processes, resource management and financial issues are addressed.

Cognizant (NASDAQ: CTSH), a leading provider of IT and business process outsourcing services, announced Forrester invited it to participate in The Forrester Wave: North American Applications Outsourcing Q1 2007. In this evaluation, it was recognized as a leader in the report and cited as the top offshore provider for North American applications outsourcing. 

Forrester Research reports states that Among leading Indian offshore firms, Cognizant received the highest overall grade for cultural fit while remaining price-competitive. It performed well in the analysis because of a variety of strengths like its cultural affinity with US, strong price competitiveness etc. 

The rankings represent Forrester's selection of the top performers from each of the major categories that make up the North American Applications Outsourcing Providers-multinational corporations (MNC's) and offshore players. Top companies in each sector were chosen based on current offerings (technical, engagement and functional approach; client references; and complementary capabilities), strategy (solution and corporate) and market presence (based on customer base, financial performance and engagement profile). 

Francisco D'Souza, President and CEO, Cognizant told they were honored to be recognized by Forrester for their applications outsourcing strategy, cultural fit and global delivery capabilities.  He further adds that this recognition is a testament to the hard work and dedication of their employees around the world and to their deep and long experience in Applications Outsourcing, which has resulted in the maturity and completeness of their offerings.

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