Cognizant pegs a better growth for CY24
Backed by large deals and acquisitions, Cognizant narrows its 2024 full year revenue guidance growth to 1.4-1.9% in constant currency.
Backed by large deals and acquisitions, Cognizant narrows its 2024 full year revenue guidance growth to 1.4-1.9% in constant currency.
Rajesh Nambiar will soon leave Cognizant to become president of Nasscom
In the third quarter, Cognizant expects revenue to be $4.89-$4.96 bn. For CY2024, the revenue is expected to be $19.3-$19.5 bn
In its guidance, Cognizant says it expects second-quarter revenue to be $4.75-$4.82 billion, a decline of 2.9%
Salil Parekh’s focus on large deals helps company close the gap with industry leader TCS.
As ChatGPT captures the imagination of the world, the focus is now on Generative AI, with IT services companies queuing up to crack the code.
Cognizant had earlier announced Kumar would join as president, Cognizant Americas, but now that role is given to Surya Gummadi, a 24-year veteran of Cognizant.
As the pandemic pushed the world to go digital, Indian IT service companies saw a spate of orders despite talent crunch.
Kochi, the commercial capital of Kerala, has made it to the coveted '21 Places of the Future' list by Cognizant, the only Indian city to do so. Here’s why.