Gartner Research

Cognizant Focuses on Digital, Increases Margin Target and Gives Up Three Board Seats

Published: 28 February 2017

ID: G00326320

Analyst(s): Sandra Notardonato

Summary

Coincident with 4Q16 results, Cognizant announced a cooperation agreement with Elliott Management, which includes a board refresh, a new capital allocation strategy and operating margin expansion. While the new strategy makes sense at a high level, we see some challenges to execution.

Table Of Contents

Analysis

  • Invest Implications
  • Outlook for 2017
  • Recap of 4Q16 and Full-Year 2016 Financial and Operating Performance
  • What to Watch

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