The Financial Express: Cognizant India’s Executive Vice Chairman Says the Company’s Outlook is Positive and the Deal Pipeline Healthy

“We are quite pleased with our [Q2-2014] performance as revenues grew 3.9% sequentially to $2.52 billion, exactly in the middle of the guidance range,” says R. Chandrasekaran. “We hit the $10-billion revenue run rate milestone, the fastest for any IT services company. We added 8,800 people this quarter, a healthy indicator of our business.” Excerpts from the interview:

“We have been awarded three large contracts, totaling $3.5 billion, which shows the opportunity that is ahead of us. Our pipeline remains very strong and the investments that we have been making in our businesses in terms of broad-basing our capabilities, building technology and domain specialization are helping us win many end-to-end contracts.

Our pipeline is very healthy. More and more customers are feeling comfortable in giving large end-to-end deals, which are a combination of many services.

SMAC is clearly a differentiator for Cognizant and we are probably ahead of the competition. It is helping us win different engagements in assisting the customers run differently. It is helping the customers to leverage digital technology. For Cognizant, it is getting us a lot of mindshare and there is a lot more traction for it in the marketplace.”

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