Cognizant, a familiar name in the IT user community, is one of the largest IT service providers and has a growing global footprint. For FY 2019, it posted total revenues of $16.8 billion, up from $16.1 billion in FY 2018. However, Q2 2020 revenues were down by 3.4% to $4 billion, compared to $4.2 billion in Q2 2019. Cognizant expects FY 2020 revenues of $16.4-16.7 billion (decline of 2-2.5%). The slowdown was largely felt in Europe and North America, in verticals such as banking and insurance, healthcare, travel and hospitality, retail and consumer goods, with flat growth in communications and media. COVID-19 has been a major contributor to weaker revenue performance, jointly with a significant ransomware attack in April 2020, and the exiting of the content moderation business. The company rose to prominence on the back of its finely tuned global delivery model, and its ability to cross- and upsell into a…

Sage was founded by David Goldman, Paul Muller, and Graham Wylie in Newcastle, England, to develop estimating and accounting software for small businesses. In 1984, the company launched Sage Software, a product for the Amstrad PCW word processor. Five years later, Sage was listed on the London Stock Exchange. In 1994, Paul Walker was appointed as Chief Executive Officer, a post he occupied for 16 years. In 1999, Sage entered the FTSE 100 and launched a dedicated Irish division based in Dublin. That same year, the UK acquisition of Tetra saw Sage enter the mid-range business software market. Today, Sage is a key provider of business management software to small and medium-sized enterprises, with products spanning accounting, HR, manufacturing, and CRM, plus a growing merchant payment service operation. It has over 12,643 staff in       23 countries around the world that serve over 6 million customers. The company registered recurring revenues of…

PricewaterhouseCoopers International Limited (PwCIL) is the umbrella entity for the PwC global network. PwC provides assurance (including financial and regulatory reporting), tax, and advisory services. PwC was formed when Price Waterhouse merged with Coopers & Lybrand in 1998, bypassing then-leader Andersen. "PwC" in the U.S. refers to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited. PwC's member firms are locally owned and operated. PwCIL oversees the network's strategic growth and development activities and provides support services to the member firms. In 2009 PwCIL acquired several management units from consulting firm BearingPoint, which months earlier had entered bankruptcy and began selling itself off. It bought BearingPoint's Japanese operations, added some 1,500 professionals, and established itself as an advisory services leader. The firm also acquired most of BearingPoint's North American commercial services business and offices in China and India. In FY20, PwC had over 284,000…

The Deloitte company network includes several independent professional services firms associated with Deloitte Tohmatsu Limited (DTTL), a UK-based private company. All Deloitte member firms in the company’s global network are independent legal entities. Deloitte’s business focuses on five core areas: audit, tax & legal, consulting, enterprise risk, and financial advisory services. Deloitte’s consulting unit is organized in three main service lines, namely Human Capital, Strategy & Operations, and Technology. Deloitte has established strategic alliances with the largest technology vendors: Adobe, IBM, Oracle, Salesforce, SAP, SAS, ServiceNow, and Workday. Moreover, Deloitte also holds strong partnerships with key industry players such as BluePrism, Guidewire, and Kinaxis. Today, Deloitte employs approximately 330,000 professionals globally. In FY 2020, the global Deloitte network earned more than USD 47.6 billion in revenues, with most of the revenues being generated in North America. The company’s consulting arm, in particular, has experienced significant growth over the past few years,…