provider of IT testing consulting services.Ē
During the June quarter, Europe recorded the highest growth for Cognizant at 11% sequentially and 37% year-over-year compared to its Indian peers, while North America grew 6% sequentially and 17% year-over-year.
According to analysts Indian software-services companies are actively pursuing a strategy of adding local flavour to their European operations. Given the diversity in the region, Indian IT firms are taking the inorganic route to get significant business opportunities from the continent. This year TCS acquired French company Alti for R530 crore. The acquisition gave TCS 1,200 employees with a presence in France, Belgium, Switzerland and Algeria. Earlier other IT majors including Infosys, Wipro and HCL Technologies have also taken this route.