This techy business name is a clear play in the word "cognitive".
The name "cognida" has seven characters and three syllables. Three syllable names are used by established brands like Adobe, Sainsbury's and KFC.
Cognida.com is a .com domain. Dot com domains are the most valued top-level-domain in the world, famously used by websites like google.com. When most people think of a website, they think of a .com.