Cognizant – the American service provider with over two-thirds of its employees based in India – gained more new business (or added more incremental revenue) in 2015 than Wipro, Tata Consultancy Services and Infosys combined.
Cognizant achieved $12.41 billion in overall revenue for 2015, $2.15 billion of which was made up by incremental revenue achieved in the 2015 calendar year. Meanwhile, India’s three largest software firms only racked up $1.96 billion in new revenue between them ($1.18bn for TCS, $570 million for Infosys and $211.5 million for Wipro).
Experts have claimed that, as an increasing number of outsourcing deals come to incorporate cloud computing and data analytics, this substantial gap between Cognizant and its home-grown Indian competitors will only grow larger in size.
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