Cognizant today released its Q3 results which showed annual revenue growth of 18.2 percent from the same time last year with $1.892 billion.

The report included expectations of a 20 percent overall fiscal rise for 2012 over 2011, to $7.34 billion.

Gordon Coburn, President of Cognizant said: “Of particular note this quarter is the performance of our newer service offerings of Consulting, Business Process Outsourcing and IT Infrastructure Services. On a combined basis, these services have been growing materially faster than company average, and this quarter comprised nearly 20% of total revenue. They will continue to be important drivers of our long-term growth”.