Cognizant expects to maintain revenues in US, Europe

KOLKATA: Nasdaq-listed Cognizant Technology Solutions, which surpassed Infosys in terms of revenue in the April-June quarter, expects to maintain revenues in the US and Europe.

"We hope to maintain the revenues which the company generates from US and Europe", R Chandrasekaran, Group Chief Executive (Tech and innovations) of Congizant told reporters on the sidelines of ICT East seminar here today.

Of total revenues earned by the company, the US contributed 78 per cent while Europe contributed 18 per cent.

For the year from January to December 2012, the company was targetting at a growth of 20 per cent, he said.

Chandrasekaran said that the company was investing in emerging areas like analytics, cloud computing and new technology services among others.

"These are long-term investments", he said. The beginning of the year saw some acceleration in demand, he said.