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The Times of India: Cognizant’s Chief Executive Officer of IT Services Talks About the Company’s Long-Term Growth Prospects

“Our overall strategy and business model is looking strong,” says Rajeev Mehta. Excerpts from the interview:

“We won three significant deals valued at $3.5 billion in the last quarter that supports our growth strategy. The one with Health Net, which provides and administers health benefits to approximately 5.8 million people in the US, is valued at $2.7 billion over 7 years, and is the largest deal in the history of Cognizant.

[The market] is very strong. Deal pipelines are strong. So we should be in a strong position going into 2015. Continental Europe is looking very good…We did an acquisition in Germany that has helped us to close the largest deal there.

We continue to looking at optimizing IT dollars and freeing up some dollars for discretionary spends. I don’t think there has been one client conversation where we haven’t discussed SMAC. The pipeline for SMAC is very strong. Around 80% of our top 100 customers have a SMAC component where Cognizant is involved.

We fundamentally believe in the long-term model and we are well-positioned to clock higher growth.”

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