Cognizant – Artifex.News https://artifexnews.net Stay Connected. Stay Informed. Sat, 24 Aug 2024 07:55:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://artifexnews.net/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Cognizant – Artifex.News https://artifexnews.net 32 32 Cognizant files lawsuit against Infosys over trade secrets, latter denies allegations https://artifexnews.net/article68561582-ece/ Sat, 24 Aug 2024 07:55:32 +0000 https://artifexnews.net/article68561582-ece/ Read More “Cognizant files lawsuit against Infosys over trade secrets, latter denies allegations” »

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Cognizant has accused Infosys of illegally accessing data from TriZetto’s software and using it to develop and market a competing product. File
| Photo Credit: Jothi Ramalingam B

IT major Cognizant’s subsidiary TriZetto has slapped a lawsuit on Infosys in a U.S. federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software.

Infosys, in a statement, denied all allegations. The company asserted it is aware of the lawsuit and will defend its position in the court.

Cognizant in a lawsuit filed in Texas federal court has accused Infosys of illegally accessing data from TriZetto’s software – Facets and QNXT – and using the same to develop and market a competing product.

Cognizant offerings include TriZetto’s Facets and QNXT, which healthcare insurance firms use to automate tasks. Teaneck, New Jersey-based Cognizant has the bulk of its employees in India.

Cognizant has reportedly alleged that Infosys misused TriZetto’s software to create “Test Cases for Facets,” which repackaged its data into an Infosys product.

Further, it has reportedly alleged that Infosys created software to extract data from QNXT, that contained confidential TriZetto information.

It is interesting to note that just this week, Cognizant named former Infosys executive Rajesh Varrier as global head of operations and India Chairman and Managing Director, following the resignation of Rajesh Nambiar, who is set to take over as Nasscom president.

Moreover, Cognizant’s Chief Executive Officer Ravi Kumar S. is also an Infosys veteran, whose 20-year career at the Bengaluru-based firm saw him holding various leadership roles, including as President from January 2016 through October 2022.



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Cognizant appoints Rajesh Varrier as head of global ops, CMD India https://artifexnews.net/article68551687-ece/ Wed, 21 Aug 2024 16:48:26 +0000 https://artifexnews.net/article68551687-ece/ Read More “Cognizant appoints Rajesh Varrier as head of global ops, CMD India” »

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Rajesh Nambiar stepped down from Cognizant as its India Chairman and Managing Director on August 21. He has been appointed as the president-designate of the Nasscom.
| Photo Credit: S. Siva Saravanan

Cognizant on Wednesday (August 21, 2024) announced the appointment of Rajesh Varrier as Global Head of Operations, effective September 2, 2024.

Additionally, he will be appointed as Chairman & Managing Director, India, assuming the role October 1, 2024, as Rajesh Nambiar leaves Cognizant to become president of Nasscom.

Mr. Varrier will be an Executive Vice President of Cognizant, reporting to Ravi Kumar S., Cognizant’s Chief Executive Officer. Mr. Varrier will be based in Bangalore.

According to a Cognizant statement, as Global Head of Operations and Chairman & Managing Director, India, Mr. Varrier’s responsibilities will include operations, Delivery Excellence, workforce planning, India Leadership Council, expansion in India and other key responsibilities. He would also provide regional leadership for Cognizant’s India-based employees with a strong emphasis on driving company transformation programs, and representing the company as it executes its growth plan across India.





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