Comparing Cost of Revenue Efficiency: Fiserv, Inc. vs Cognizant Technology Solutions Corporation

A Decade of Cost Efficiency: Fiserv vs. Cognizant

In the ever-evolving landscape of technology services, cost efficiency remains a pivotal factor for success. Over the past decade, Fiserv, Inc. and Cognizant Technology Solutions Corporation have demonstrated contrasting trajectories in managing their cost of revenue. From 2014 to 2023, Cognizant's cost of revenue surged by approximately 106%, reflecting its expansive growth strategy. In contrast, Fiserv's cost of revenue increased by about 166%, indicating a more aggressive scaling approach.

By 2023, Cognizant's cost of revenue reached nearly double that of Fiserv, highlighting its larger operational scale. However, Fiserv's rapid increase suggests a strategic pivot towards expanding its market footprint. This comparison underscores the diverse strategies employed by leading tech firms to balance growth and efficiency. As the industry continues to evolve, these insights offer a glimpse into the financial dynamics shaping the future of technology services.