Keysight Technologies vs Cognizant
Side-by-side comparison of AI visibility scores, market position, and capabilities
Santa Rosa electronic test and measurement (NYSE: KEYS) at ~$5B revenue; record Q4 with 14% order growth driven by AI datacenter testing and 6G research, Spirent $1.5B acquisition (2024) competing with Rohde & Schwarz.
About
Keysight Technologies, Inc. is a Santa Rosa, California-based electronic design, test, and measurement solutions company — publicly traded on the New York Stock Exchange (NYSE: KEYS) as an S&P 500 Information Technology component — providing hardware instruments, software platforms, and services for designing, testing, and validating electronic systems across 5G/6G wireless, AI data center infrastructure, aerospace and defense, automotive, and quantum computing through approximately 15,500 employees with approximately $5 billion in annual revenue. Keysight's heritage traces to Hewlett-Packard's test and measurement division (founded 1939), which became Agilent Technologies in 1999 and spun off Keysight as an independent company in 2014. In its most recent fiscal quarter, Keysight reported 14% order growth, 10% revenue growth to $1.42 billion, and 16% higher adjusted EPS — its best quarterly performance in two years — driven by demand for AI data center testing, early 6G wireless infrastructure research, and defense electronics modernization, alongside contributions from three major acquisitions completed in October 2024. The company's key acquisitions include Spirent Communications ($1.5 billion, 2024, network test and cybersecurity validation), ESI Group ($1 billion, 2023, electromagnetic simulation), and Ixia ($1.6 billion, 2017, network testing). Keysight's PathWave software platform integrates design simulation, test automation, and analytics workflows into a unified environment that semiconductor and wireless chipset teams use to accelerate development cycles from simulation to hardware validation.
Teaneck NJ IT services (NASDAQ: CTSH) $19.7B FY2024 revenue; Belcan engineering $1.3B acquisition, GenAI 100+ engagements, NextGen transformation competing with Infosys, Wipro, and Accenture.
About
Cognizant Technology Solutions Corporation is a Teaneck, New Jersey-based information technology services and consulting company — publicly traded on the NASDAQ (NASDAQ: CTSH) as an S&P 500 Information Technology component — providing IT services, digital transformation consulting, cloud migration, enterprise application management, and business process outsourcing through approximately 340,000 employees primarily in India (Chennai, Hyderabad, Pune delivery centers) serving clients in financial services, healthcare, manufacturing, and communications sectors in North America, Europe, and the rest of world. In fiscal year 2024, Cognizant reported revenues of $19.7 billion with modest growth as the IT services sector emerged from the 2023 discretionary spending slowdown, with the company's NextGen strategy (investing in generative AI services, cloud-native application transformation, and digital operations) driving bookings growth. CEO Ravi Kumar S. — joined January 2023 from Infosys — has executed a talent and client engagement restructuring focused on "moving up the value chain" from labor-arbitrage IT outsourcing toward higher-value consulting and AI-integration services: the Belcan acquisition ($1.3 billion, 2023) added 5,500 engineering services professionals serving US aerospace and defense customers (Boeing, Lockheed Martin, General Dynamics), expanding Cognizant beyond IT services into engineering R&D outsourcing. Cognizant's generative AI practice (partnering with Google Cloud, Microsoft Azure, AWS for GenAI implementation) grew to 100+ active GenAI client engagements by 2024 as enterprise clients deployed AI copilots, process automation, and customer service chatbots on Cognizant-managed cloud infrastructure.
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