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NT Bureau
Chennai, Jan 4:
Cognizant announced that the company has been named in the top 10 of BusinessWeek's Hot Growth Technology Companies. Cognizant ranked 6th overall and won the numero uno position in IT services.
In determining this year's rankings, BusinessWeek evaluated companies based on sales and profit growth, total return to shareholders, return on equity, and overall sales.
'We are honored to be recognized
by BusinessWeek for our track record of tremendous growth and to be named
among the world's best known technology brands,' said Francisco D'Souza,
president and CEO, Cognizant. 'This recognition is a testament to our passion
to helping our customers build stronger businesses and our commitment to
investing in our future growth. We are confident that our commitment to
delivering greater returns on outsourcing and high levels of customer satisfaction
will continue to fuel strong demand for our services and drive our growth
well into 2007, while continuing to generate long-term value for our shareholders,'
he added.