Bloomberg TV: Cognizant’s Group Chief Executive for Technology and Operations Talks About the Company’s Q2-2013 Performance

Commenting on Cognizant’s industry-leading performance in the June-ended quarter of 2013, R. Chandrasekaran says, “We see pretty good increase in terms of value play. Our consulting and technology services grew by 8.3%. This is all discretionary spend, customers wanting to do something different to gain market-share. They’re looking at investing in their own businesses, and we’re getting a lion’s share of their investments. This is all value play.”

He adds, “Though there is a small increase in budgets, the bulk of these investments are being funded by the efficiencies that we are bringing through other outsourcing services.”