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Cognizant in the News

The Financial Express: Cognizant’s Group Chief Executive for Technology and Operations Articulates Cognizant’s Bullish Growth Outlook

“Overall, the macro environment is challenging. However, we are still very bullish about our growth target in 2012. We are confident of achieving our target given the differentiating models that we adopt for business,” says R. Chandrasekaran. “There is a lot of structural changes happening across industries as companies are struggling to maintain costs and, at the same time, looking at innovation and business transformation. Despite the ongoing challenges we expect a broad-based growth this year. We are confident that the right mix and offerings will help us drive demand even in this muted environment. Our offerings such BPO, infrastructure services and consulting are very strong.”

When asked about the changing industry pecking order, Chandrasekaran remarks, “We are more concerned about our growth ahead of the industry. Creating new capabilities, offerings and gaining market share is our major focus. We are more concerned about how to increase our market share and be ahead of industry growth. Even in the current environment, a 20% growth forecast is best in the industry.”

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