Cognizant


Cognizant is an American multinational corporation that provides IT services, including digital, technology, consulting, and operations services. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded as an in-house technology unit of Dun & Bradstreet in 1994, and started serving external clients in 1996. After a series of corporate re-organisations there was an initial public offering in 1998. Cognizant had a period of fast growth during the 2000s, becoming a Fortune 500 company in 2011.

Enterprise Performance Management (EPM) is a set of processes and applications designed to translate the business strategy to KPIs and to measure, analyze and predict organization performance. EPM adds value to the business by focusing on how an organization develops, implements and monitors strategic plans. EPM helps in aligning the organization’s processes across functions and directing resources to achieve the objectives. Organizations are also increasingly leveraging Business Intelligence (BI) investments to drive EPM solutions and track their business performance. Integration of EPM with BI is helping companies roll-up analytics at the operational and tactical levels into KPIs that can be viewed in dashboards/ scorecards at the strategic level

Cognizant’s EPM Practice
Cognizant’s EPM practice is tightly integrated with Enterprise Analytics (EA) and is part of the Cognizant Business Consulting (CBC) – EA’s consulting arm. The practice has a strategic focus on providing performance management solutions involving management dashboards, balanced scorecards and KPI index tracker to our customers. The practice has fine tuned its methodology and approach to EPM consulting and implementation. It has also developed quick-start solutions for rapid scorecard development using KPI repositories and applications for predicting these KPIs using lag and lead indicators.

Four Aces Framework
Four Aces is Cognizant’s EPM implementation methodology developed with the rigor of six sigma process and tested in real-life situations. It encapsulates all aspects of a EPM engagement starting with assessing the customer environment for EPM readiness using the homegrown “SIMPOSM” tool, analyzing the existing environment for the different business needs, aligning the overall solution architecture to the enterprise application and BI environment and finally achieving or implementing the required solution.



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