Press Trust of India: Cognizant’s Chief Strategy Officer Says the Company Wants to be a Firm Contributing to Society for Digital That Matters

“We want to be a firm that is contributing to society for digital that matters,” says Malcolm Frank. “On the demand side, we help clients do great things and on the supply side, we become an employer of choice. That is really where we want to be in five years.”

Frank adds that companies will need to invest heavily on skills and work closely with clients on their vertical-specific requirements to help grow their business.

On acquisitions, he says Cognizant will look at targets for specific capabilities and not capacity. “We can pivot and train people internally, and we can hire directly. The issue is finding specific capabilities, be it in a particular industry, a service line or technical capability. That is what we are truly looking for,” he says and adds that the company will not shy away from a large acquisition if it was a value-add to the company.

“Strong growth in digital services and infrastructure make India a very “attractive” market,” he notes. “India is one of our fastest growing markets. There’s always conversation about India’s infrastructure, I think digital infrastructure is as important if not more. I think it is a very attractive market and we are going to continue to invest in it.”

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