25. Cognizant Technology Solutions
2017 Fortune 500 Rank: 205 (up 25 spots)
CEO: Francisco D'Souza
Cognizant Technology Solutions catapulted from No. 230 to No. 205 as sales climbed 8.6 percent to $13.5 billion. Profits for the Teaneck, N.J.-based IT services company, No. 7 on the 2017 CRN Solution Provider 500, fell 4.3 percent to $1.6 billion. Cognizant is investigating whether it violated the U.S. Foreign Corrupt Practices Act (FCPA), with company President Gordon Coburn resigning from the company after two decades. The company also reached a truce with activist investor Elliott Management to appoint three new independent members to its board of directors and create a financial policy committee. Cognizant has 260,200 employees, and has appeared on the Fortune 500 every year since 2011.