Breaking Down Revenue Trends: Cognizant Technology Solutions Corporation vs CyberArk Software Ltd.

Cognizant vs. CyberArk: A Decade of Revenue Growth

__timestampCognizant Technology Solutions CorporationCyberArk Software Ltd.
Wednesday, January 1, 201410262681000102999000
Thursday, January 1, 201512416000000160812000
Friday, January 1, 201613487000000216613000
Sunday, January 1, 201714810000000261701000
Monday, January 1, 201816125000000343199000
Tuesday, January 1, 201916783000000433895000
Wednesday, January 1, 202016652000000464431000
Friday, January 1, 202118507000000502917000
Saturday, January 1, 202219428000000591710000
Sunday, January 1, 202319353000000751888000
Monday, January 1, 2024197360000001000742000
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Revenue Trends: Cognizant vs. CyberArk

In the ever-evolving tech landscape, Cognizant Technology Solutions Corporation and CyberArk Software Ltd. have showcased distinct revenue trajectories from 2014 to 2023. Cognizant, a global leader in IT services, has seen its revenue grow by approximately 89% over this period, peaking in 2022 with a slight dip in 2023. This growth reflects its robust expansion strategies and adaptation to digital transformation demands.

Conversely, CyberArk, a cybersecurity powerhouse, has experienced a staggering 630% increase in revenue, highlighting the rising importance of cybersecurity in the digital age. Despite starting from a smaller base, CyberArk's growth underscores its pivotal role in safeguarding digital infrastructures.

These trends not only illustrate the dynamic nature of the tech industry but also emphasize the contrasting growth paths of IT services and cybersecurity sectors. As we move forward, these insights provide a glimpse into the future of technology-driven business landscapes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025