The Economic Times: Cognizant CEO Talks About Industry Trends and Demand Scenario

“In the market where we operate, the industry and geography where we have a significant footprint, we continue to feel that we are very well positioned,” says Francisco D’Souza. “In fact, I believe that we are one of the few firms that bring together this unique combination of skills and capabilities, which is very relevant and necessary to address the demand in the marketplace today.”

D’Souza adds, “The real story of what’s happening in our industry is the fact that we have these secular shifts going on with our clients and there are other big trends – social, mobile, analytics and cloud. These two big forces are impacting clients. And what that means from a Cognizant standpoint is it is no longer business as usual. You should be able to relate to the client on an industry basis, on a management consulting basis.”

Cognizant continues to focus on small acquisitions, says D’Souza. “But that gets a little bigger as Cognizant becomes bigger. We want to continue focusing on acquisitions that would bring us into new geographies, bring us into new industries and deepen our penetration in existing industries or broaden a service offering,” he explains.

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