Cognizant wins two mega deals, eyes return to IT top four by 2027

IT firm doubles down on AI-led productivity and large transformation contracts
Avik Das Bengaluru
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Cognizant said on Wednesday it has won two 'mega deals' (worth $500 million at least) so far in its second quarter, taking the total to three in 2025 as it works to once again rank among the top four IT services companies in three years.
The Nasdaq-listed company follows a January to December financial calendar. The two deals won in the second quarter, which ends on June 30, are in the communication, media and technology and health sciences business, said Surya Gummadi, president of Cognizant Americas, at a Bank of America technology conference.
Cognizant won 29 large deals (worth $100

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