Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) ended Wednesday session in red amid volatile trading. The shares closed down -0.28 points or -0.48% at $58.38 with 3.82 million shares getting traded. Post opening the session at $58.69, the shares hit an intraday low of $58.22 and an intraday high of $59.00 and the price vacillated in this range throughout the day. The company has a market cap of $35.62 billion and the numbers of outstanding shares have been calculated to be 606.94 million shares.
Cognizant Technology Solutions Corp (CTSH) on Aug. 30, 2016 announced that the company was recognized as a Strong Performer in The Forrester Wave™: Digital Asset Management (DAM) For Customer Experience, Q3 2016, by Forrester Research Inc. Cognizant was among the select companies invited to participate in the independent report, which assessed the 12 most significant DAM vendors across 33 criteria. The report evaluated Cognizant’s assetSERV™, a pre-configured, end-to-end DAM platform solution, designed to improve brand management and asset distribution as well as providing secure access and seamless integration with existing IT tools.
“Large, global firms benefit from this high-touch combined services/software model, and customer references were some of the most positive of any vendor in this Forrester Wave,” the Forrester report states about Cognizant. “The product’s capabilities are robust, particularly in library services and the ability to support multiple deployment models.”
assetSERV increasingly is being adopted by market-leading brands across industries as they transform their infrastructures to provide more robust digital offerings. Leveraging assetSERV, these enterprises are streamlining their DAM and realizing higher end user engagement by providing richer brand experiences. In addition, they are lowering costs through asset re-use and with assetSERV’s flexible, scalable deployment options as a cloud-based as-a-service, on-premise, or hybrid solution.
“Avocados from Mexico (AFM) selected assetSERV as its DAM platform of choice, after comparing it to several others in the marketplace, because of assetSERV’s unique value proposition and cloud delivery approach,” said Miguel Molina, CFO of Avocados from Mexico. “As a leader in DAM technology applications, the assetSERV platform fulfills all the short- and long-term needs of AFM. And, given the support and backing of the larger Cognizant organization, deploying assetSERV gives AFM a great partnership with a recognized industry leader.”
Shares of Telefonica S.A. (ADR) (NYSE:TEF) ended Wednesday session in green amid volatile trading. The shares closed up +0.20 points or 1.90% at $10.70 with 2.10 million shares getting traded. Post opening the session at $10.64, the shares hit an intraday low of $10.64 and an intraday high of $10.74 and the price vacillated in this range throughout the day. The company has a market cap of $54.36 billion and the numbers of outstanding shares have been calculated to be 4.76 billion shares.
Telefonica S.A. (ADR) (TEF) provides mobile and fixed communication services primarily in the European Union and Latin America. The companys mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services. Its fixed telecommunication services include PSTN lines; ISDN accesses; public telephone services; local, domestic, and international long-distance and fixed-to-mobile communications; corporate communications; supplementary and business oriented value-added; video telephony; intelligent network; and telephony information services.