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Bloomberg TV: Cognizant’s Group Chief Executive for Technology and Operations Talks About Cognizant’s Record Q3-2012 Results

“What we are happy about is that our growth in Q3, 2012, was very well balanced across all service lines, industries, clients, and geographies,” says R. Chandrasekaran. “We are particularly happy with the turnaround in the Banking and Financial Services segment. We saw good turnaround in Europe. We are particularly happy with the way Horizon 2 services performed. These are areas where we have been investing heavily and these investments are bearing fruit now.”

When asked about the U.S. Presidential elections, Chandrasekaran says, “We are happy that President Obama has been re-elected for the second term as it means continuity, which is always good. In the second term, President Obama’s focus will be on the U.S. economy. A lot of the changes will have to be driven by technology and that augurs well for technology companies like Cognizant. We will work with corporate America in driving transformation, in driving productivity, and giving a boost to the local economy and creating jobs. We will actively participate in the STEM (science, technology, engineering and math) education program to develop skills required in the U.S.”

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