Cognizant vs Infosys In US Courtroom: US-based software program firm Cognizant TriZetto has filed a lawsuit in opposition to Indian tech big Infosys in a Texas federal court docket, accusing Infosys of stealing confidential info associated to its healthcare insurance coverage software program.
This comes 8 months after Infosys despatched a missive to Cognizant accusing the US-based IT agency of unfair worker poaching. Nevertheless, Infosys has denied all allegations levelled by Teaneck-based rival Cognizant’s subsidiary Cognizant TriZetto in Texas federal court docket.
Cognizant, headquartered in New Jersey and with 70% of its workers in India, claims that Infosys unlawfully extracted knowledge from its databases and used this info to develop and market competing software program.
Cognizant’s software program consists of TriZetto’s Aspects and QNXT, utilized by healthcare insurance coverage firms to automate administrative duties. In response to the grievance by Cognizant, Infosys misused TriZetto’s software program to create “Take a look at Circumstances for Aspects,” which improperly repackaged TriZetto’s knowledge into an Infosys product. Notably, the businesses are locked in a closed fight even out there with each firms approaching $20 billion in income.
Cognizant has requested the court docket to award an unspecified quantity in financial damages and to difficulty an order directing Infosys to stop the misuse of its commerce secrets and techniques. Furthermore, you may be shocked to know that the Cognizant’s Chief Government Officer Ravi Kumar S is an Infosys veteran, having served as its president and deputy Chief Working Officer for over 9 years, with the stint ending in October 2022.
Simply two earlier than this saga, Cognizant appointed Rajesh Varrier to switch former Cognizant India Chairman and Managing Director Rajesh Nambiar, who will assume the function from October 1, 2024.
