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With IT at a Crossroads, Cognizant Is Well-Positioned

As cloud computing and changes in services disrupt the tech world, we think Cognizant is underappreciated by the market.

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Andrew Lange: We think the IT services industry stands at a very important juncture as developments surrounding digital services and cloud computing disrupt the status quo. We think these two significant forces have the ability to reshape the IT services landscape over the mid to long term, which is both an opportunity and a threat.

Enterprises are leveraging digital and cloud technologies to reimagine new customer experiences, operational processes, and business models in order to gain or sustain their own competitive advantages. For an IT services vendor, this is reshaping client demand, legacy services, and go-to-market initiatives.

Andrew Lange does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.