CTS • Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. • Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. • With over 50 delivery centers worldwide and over 118,000 employees as of June 30, 2011, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top-performing and fastest growing companies in the world. Corporate Headquarters 500 Frank W. Burr Blvd. Teaneck, NJ 07666 Tel: +1 201 801 0233 Fax: +1 201 801 0243 Toll free: +1 888 937 3277 Email: inquiry@cognizant.com Website: www.cognizant.com Market Position & Mission Cognizant is a leading provider of information technology, consulting, IT infrastructure and business process outsourcing services. Cognizant’s single-minded mission is to dedicate our business process and technology innovation know-how, deep industry expertise and worldwide resources to working together with clients to make their businesses stronger. Our Goal • Making our customers’ businesses stronger by empowering them to be more responsive to their customers and to the competitive environment. Value Proposition • As a customer-centric, relationship-driven partner, we are redefining the way companies experience and benefit from global services. • Our unique delivery model is infused with a distinct culture of high customer satisfaction. • Cognizant delivers a – trusted partnership, – cost reductions – and business results. Cultural Value Drivers • • • • • • • Open, Transparent, Driven, Empowered, Opportunity filled, Flexible, Collaborative. Differentiation Factors ● 17 years of experience fusing the Two-in-a-Box TM client relationship model with a seamless global delivery experience ● Multifaceted client partnership architecture yielding high customer value and continuous alignment with client teams ● Commitment to measuring the full value of outsourcing with Cognizant’s Return on Outsourcing TM proprietary methodology (ROO)1 based on a proven record of delivering results ● Financial success and sound management record resulting in continuous innovation, new services and higher value creation ● Service delivery enabled by Cognizant 2.0, a proprietary Web 2.0based platform that enables knowledge sharing and collaboration across global teams to benefit every customer engagement. Key Attributes ● “Client-first” culture of customer satisfaction, resulting in unique Cognizant customer experience ● Distinct identity: Born-global corporation, multicultural workforce and management, entrepreneurial leadership & culture ● Dedicated to building deep, sustainable and long-term client relationships based on collaboration, customization and quality ● Access to the best global IT resources and skills resulting in intellectual arbitrage advantage for our clients ● Financial re-investment strategy enabling optimal balance and value for onsite/offshore model ● Widely recognized for superior transition and knowledge transfer processes and close cultural fit with clients ● Integrated services approach and flexible business practices ● Industry/domain depth and expertise, with a verticalized go-to-market approach History • Founded in 1994 as a captive arm of Dun & Bradstreet • Traded on NASDAQ since 1998 • Stock symbol: NASDAQ: CTSH • Member since 2004: NASDAQ-100 Index • Member since 2006: S&P 500 Index Financials • Fiscal year '11 ends December 31, 2011 • 2010 revenues: $4.59 billion (up 40.1% YoY) • Diluted EPS '10 (GAAP): $2.37 • Net income '10 (GAAP): $733.5 million • Operating margin '10 (GAAP): 18.8% Revenue Mix (Q2 2011) • North America: 77.8%, • Europe: 18.6%, • RoW: 3.6% • Industry: • Financial Services: 41%, • Healthcare: 26%, • Manufacturing, Retail & Logistics: 20%, • Communications, Information, Media & Entertainment and Technology: 13% Management • Executive Team • Lakshmi Narayanan - Vice Chairman • Francisco D'Souza - President & Chief Executive Officer • Gordon Coburn - Chief Financial & Operating Officer • Chandra Sekaran - President & Managing Director, Global Delivery • Rajeev Mehta - Chief Operating Officer, Global Client Services Board of Directors ● John E. Klein, Chairman of the Board, Cognizant and President and Chief Executive Officer, Polarex, Inc. ● Lakshmi Narayanan, Vice Chairman, Cognizant ● Robert W. Howe, Chairman, ADS Financial Services Solutions ● Robert E. Weissman, Chairman, Shelburne Investments ● Thomas M. Wendel, former Chief Executive Officer, Bridge Information Systems ● Francisco D’Souza, President and CEO, Cognizant ● John Fox, former Vice Chairman, Deloitte & Touche ● Maureen Breakiron-Evans, former Chief Financial Officer, Towers Perrin Company Highlights 1994: Started as the technology arm of The Dun & Bradstreet Corporation 1996: Began adding third-party clients and servicing the best across industry segments 1998: Became first IT company leveraging India to be listed on the NASDAQ 2002: Became the first company to be assessed enterprise-wide against mature industryprocess certifications, such as P-CMM level 5, BS 7799, SEI-CMMI Level 5 2004: Acknowledged as a leading provider of IT services by industry analysts such as Gartner, Forrester, AMR and IDC; added to the prestigious NASDAQ 100 Index Company Highlights 2006: Became the fastest global IT services company to reach a $1 billion run-rate (under 12 years) 2007: Acquired MarketRx, Inc., a leading provider of analytics and related software services to global life sciences companies; crossed $2 billion revenue threshold 2008: Entered Fortune 1000; established global systems-integration relationship with T-Systems; formally inaugurated near shore delivery centers in Argentina and Hungary; exceeded $2.8 billion revenue mark Key Highlights • Unique blend of onsite/offshore resources of app. 104,000 passionate professionals • Strong relationships with 721 active customers. • Enhanced domain focus through subverticalization. • More than 90% of annual revenue from existing clients. • Proactive solutions offerings for improving operational efficiency, complying with industry regulations, and improving customer service levels. Company Highlights 2009: Joined Fortune's "Most Admired Companies" list; named to Business Week 50 list of the top-performing U.S. companies for third consecutive year; named to Forbes "25 Fastest Growing Technology Companies In America" list for sixth straight year 2010: Selected for Fortune’s “Most Admired Companies” list for the second year in a row; placed in Top 5 for IT services List of companies acquired by Cognizant Company acquired Geography Announcement Date Core IT Business Zaffera United States September 27, 2011 SAP Consulting CoreLogic India July 26, 2011 Galileo Performance France June 17, 2010 UBS India Service Center India October 15, 2009 Pepperweed Advisors Europe, Australia September 8, 2009 Business Consulting Strategic Vision Consulting United States June 9, 2008 Business Consulting marketRx United States, India November 16, 2007 Life Sciences Analytics AimNet United States September 5, 2006 Fathom Consulting Canada April 18, 2005 Telecom & FinServices IT Ygyan Consulting United States, India February 22, 2004 SAP Implementation Aces International US, India April 1, 2003 Siebel Implementation Credentials Cognizant’s Unique Operating Model Customers • 721 Active Clients • 27 of the top 30 Global Pharmaceutical companies • 9 of the top 10 U.S. Healthcare Plans • 5 of the top 6 US PBMs • 9 out of the top 10 Biotech companies • 12 out of the top 20 Medical Device companies • 7 of the top 10 Communications Services Providers & Customers • Equipment Vendors – 4 of the top 5 Online companies – 2 0f the top 5 Semiconductor manufacturers – 4 of the top 10 Information Services companies worldwide – 4 of the top 10 Global Media companies – 6 of the major U.S. Movie studios – 7 of the top 30 Global Retailers – 2 of the top 4 Global Distribution system companies – 3 of the top 10 Manufacturing & Logistics companies – 6 out of the top 10 North American financial institutions – 10 out of the top 10 European financial institutions – 12 of the top 25 Life, Property & Casualty insurers – 12 of the top 25 Global Life companies Employees • Over 118,000 employees as of June 30, 2011 • 75% of its employees are from India. A Passion for Specialized Expertise • Cognizant has a global delivery platform that supports an onsite/offshore model that meets clients’ needs 24/7. • Our service delivery is powered by Cognizant 2.0, our global knowledge-sharing and project management platform. • Cognizant 2.0 enables our teams, business partners and clients to collaborate virtually via instant messaging, blogs, wikis and other Web 2.0 tools. • The platform also provides active process guidance to our project teams, enabling them to work faster and more efficiently solving IT and business challenges. • In a typical client engagement, our team members located at the customer’s place of business handle approximately 25-30% of the workload. The balance is performed at one of over 50 global delivery centers around the world. Global Delivery Ecosystem (GDE) ● 24x7 global delivery availability ● More than 12,000 outsourcing projects delivered in 40 countries ● Over 50 development centers in 15 cities and in 9 countries around the world: ● Budapest (Hungary), Buenos Aires (Argentina), Guadalajara (Mexico), London (UK), Manila (Philippines), Shanghai (China), Toronto (Canada); Chennai, Coimbatore, Kolkata, Bangalore, Hyderabad, Pune, Mumbai, New Delhi, Cochin (India); Bentonville, AR; Boston, Bridgewater, NJ; Chicago, Phoenix (U.S.) Geographic Reach Over 25 regional sales and client relationship offices in: – Atlanta, Boston, Chicago, Dallas, Minneapolis, Phoenix, Los Angeles, – Norwalk, San Ramon, Seattle, Teaneck (U.S.); – Toronto (Canada); – London (UK); – Frankfurt (Germany); – Paris (France); – Madrid (Spain); – Helsinki (Finland); – Copenhagen (Denmark); – Zurich, Geneva (Switzerland); – Amsterdam (The Netherlands); – Hong Kong,Shanghai (China); – Tokyo (Japan); – Melbourne, Sydney (Australia); – Singapore (Singapore); – Bangkok (Thailand); – Kuala Lumpur (Malaysia); – Buenos Aires (Argentina); – Sau Paulo (Brazil); – Dubai (UAE); – Manila (Philippines) Industries Served Client-centric go-to-market approach organized by industry verticals: – Banking & Financial Services; – Communications; – Consumer Goods; – Energy & Utilities; – Healthcare; – Travel & Hospitality; – Information, – Media & Entertainment; – Insurance; – Life Sciences; – Retail; – Manufacturing & Logistics; – Technology Major Service Offerings ● Project-based application services ● Business and technology consulting ● Complex systems integration ● Application outsourcing ● Business process services ● IT Infrastructure and cloud services ● Analytics, Business Intelligence, CRM, Data Warehousing, – Supply Chain Management, – Engineering & Manufacturing Solutions, – ERP, – Testing Solutions Key Alliances or Partnerships There are 13 alliances or partnerships Cognizant have: – SAP®, – Oracle, – Microsoft, – Siebel, – Informatica, – Invensys Operations – Management, – Salesforce.com, – Pegasystems, – IBM (SOA), – SAS, – Sybase, – T-Systems Recent Awards & Recognition ● Barron’s 500 America’s Top Companies (May 2011) ● Fortune 500 (May 2011) ● Forbes Global 1000 company (April 2011) ● Fortune’s World's Most Admired Companies (March 2011) ● Institutional Investor All-America Executive Team (January 2011) ● Fortune’s 100 Supercharged Performers and All-Star List (September 2010) Investment Analysts Coverage • • • • • • • • • • • • • Atlantic Equities, Avian Securities, BMO Financial Group, Barclays Capital, BB&T Capital Markets, BGB Securities, Centrum Broking, Citigroup Global Markets, Cowen and Company, First Global, Goldman Sachs & Co., Janney Montgomery Scott, Jefferies & Co., • • • • • • • • • • • • J.P. Morgan, Kaufman Brothers, Morgan Stanley, Nomura Securities, Oppenheimer & Co., Pacific Crest Securities, Piper Jaffray, Religare Capital Markets, Robert W. Baird & Co., Sanford C. Bernstein & Co., Susquehanna Financial Group, UBS Securities, Wells Fargo Securities, • William Blair & Company Corporate Social Responsibility • Cognizant's philanthropic efforts are conducted worldwide through the voluntary efforts of Cognizant employees and the financial and administrative support of the Cognizant Foundation. • Registered in March 2005 as a "Charitable Company" under the Indian Companies Act, the Cognizant Foundation helps underprivileged members of society gain access to quality education and healthcare by providing financial and technical support; designing and implementing educational and healthcare improvement programs; and partnering with Non-Government Organizations (NGOs), educational institutions, healthcare institutions, government agencies and corporations. • Through its Project Outreach, Cognizant supports schools and orphanages through more than 400 initiatives reaching more than 200,000 children worldwide. Corporate Social Responsibility • Cognizant's sustainability efforts include a "Go Green" initiative launched in 2008 focused on energy conservation, recycling, and responsible waste management. • At the 2011 Maker Faire, the company announced plans to fund a Maker Space at the New York Hall of Science, a Making the Future after-school program and a partnership with Citizen Schools to promote STEM education in the United States. Cognizant Academy • All learning programs are conducted through Cognizant Academy, the inhouse training center. • – The four key educational initiatives are: – Continuing Education, – Role-based Training, – Executive Training program, – Certification. In addition to internal training programs, associates undergo management-specific training at notable universities and colleges, including Harvard University, Indian Institute of Management, and the Indian Institute of Technology. • In addition to the formal learning in classrooms, Cognizant Academy takes learning to employees' desktops. • They use multi-modal learning, as well as Technology-Based Training (TBT) material.