Cognizant's revenue, profits rise on outsourcing demand
Cognizant Technology Solutions reported on Tuesday growth in revenue and profits for the quarter ended June 30, as demand grows for offshore outsourcing.
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News about Cognizant Technology Solutions
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Cognizant acquires CoreLogic's India services operations
Cognizant Technology Solutions, a U.S. outsourcer with large Indian operations, said Tuesday it had entered into a definitive agreement to acquire the Indian services operations of CoreLogic, an information services and analytics company, in a bid to increase its services capabilities for the mortgage industry.
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Indian outsourcers' quality hit by staff issues
The service quality at top Indian outsourcers is dropping as they scramble to hire staff to cope with an unexpected surge in demand, analysts said.
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Outsourcer Cognizant benefits from a surge in offshoring
Outsourcer Cognizant Technology Solutions has reported strong revenue and profit growth for the quarter ended March 31, as customers moved work offshore to low-cost locations to maximize benefits from their IT budgets.
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Outsourcer Cognizant benefits from outsourcing rebound
Outsourcer Cognizant Technology Solutions has reported strong revenue and profit growth for the quarter and year ended Dec. 31, reflecting an overall buoyancy in the market for offshore services.