# Who does Cognizant Technology Solutions Corporation pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/cognizant · Facet: suppliers · Updated: 2026-09-24T04:38:20.392369+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Cognizant Technology Solutions Corporation's confirmed suppliers/cost counterparties include Workday, Inc., Microsoft. Per the valuechain.wiki graph: 2 cost edges, backed by 3 dated sources, 0 of them primary filings (as of 2026-09-24).

### 벨칸 (high)
- metric: Amount $1.3B · 2024 acquisition · Consideration for 100% of Belcan, comprising net cash paid and the fair value of issued shares
- note: Cognizant acquired 100% of Belcan in August 2024, adding engineering research and development capabilities focused on aerospace and defense. Actual consideration was $1.195 billion in cash and $113 million in shares.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-12) https://www.sec.gov/Archives/edgar/data/1058290/000105829026000008/ctsh-20251231.htm: "we acquired 100% ownership in Belcan... We paid $1,195 million in cash... and issued 1,470,589 shares"
- [confirms] Maeil Business Newspaper Stock Center (KO, news, published 2026-02-04) https://stock.mk.co.kr/news/view/989693: "The Belcan acquisition contributed 260 basis points to 2025 revenue growth."
- [confirms] Cognizant Investor Relations (EN, ir, published 2024-08-27) https://investors.cognizant.com/news-and-events/news/news-details/2024/Cognizant-Completes-Acquisition-of-Belcan/: "completed the acquisition of Belcan for approximately $1.3 billion in cash and stock."

### 워크데이 (mid)  → /workday.md
- note: Cognizant is a Workday customer using HCM and Financial Management across its global offices. It is also an implementation partner, and its spending was not disclosed.
- [confirms] HFS Research (EN, research, published 2025-08-13) https://assets.kpmg.com/content/dam/kpmgsites/xx/pdf/2026/01/hfs-hz-2025-workday-services.pdf: "Cognizant has been a Workday partner since 2007, with a uniquely embedded 360-degree relationship as a client, implementation partner, and co-innovator."

### 마이크로소프트 (mid)  → /microsoft.md
- note: Cognizant uses Azure AI, Microsoft 365 Copilot, and Teams in internal project management and workflows. The commercial scale and spending were not disclosed.
- [confirms] Microsoft Source Asia (EN, news, published 2026-09-09) https://news.microsoft.com/source/asia/features/how-microsoft-ai-is-helping-cognizant-scale-delivery-excellence-across-10000-projects/: "Using Microsoft AI Foundry, Azure AI services and Microsoft 365 Copilot, Cognizant is reimagining how those leaders work."
- [confirms] Microsoft Customer Stories (EN, news, published 2024-02-12) https://www.microsoft.com/en/customers/story/1719466218077596326-cognizant-azureai-software-en-india: "chose to deploy the AI-based performance-management enhancement using Azure Machine Learning Service."

Reverse side: https://valuechain.wiki/cognizant/customers.md · Ripple: https://valuechain.wiki/cognizant/ripple.md

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Full node: https://valuechain.wiki/cognizant.md · JSON: https://valuechain.wiki/cognizant.json