In the report, Cognizant was named to The ALM Vanguard™ as one of the leading five providers who "demonstrate either market-leading depth in particular capabilities or meaningful depth across a broad spectrum of capabilities." Cognizant was rated highly for its "robust and comprehensive IoT consulting portfolio," that is "backed and strengthened by an array of strategy and solution accelerators and labs that allow it to rapidly build and test prototypes with clients." According to the report, features earning Vanguard status for Cognizant are: "IoT holds great promise in cost savings, process efficiencies and revenue gains for business, but this potential does not come without risk, concern and complexity," said ALM Intelligence Senior Analyst and report author Erin Hichman.