Tuesday 01 October 2019

*UKHotViewsExtra* Proximity pays-off for Cognizant Europe

LogoCognizant has been having a tougher time of it of late (see here). Five months ago new CEO, Brian Humphries had the dubious honour of marking his fifth week in post by announcing an almost halving the growth outlook for FY19. The story since January has so far been very much a tale of two territories for this technology major. The company’s North American business has only managed to grow constant currency turnover by some 3.6% during the first two quarters of this current fiscal year. Conversely, Cognizant’s European unit, which accounts for around a sixth of global sales, has surged ahead increasing revenues during the same period by over 14% yoy.

HV Premium logoWe recently caught up with Cognizant’s European management team to find out more about what’s behind the strength of the performance on this side of the Atlantic. TechMarketView subscription clients, including HotViews Premium subscribers, can learn more via UKHotViewsExtra by clicking here.

Posted by Duncan Aitchison at '08:11' - Tagged: profile   systemsintegration