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Cognizant says winning large and mega deals regularly helping growth
With 24 large deals won last year and four in Q1, Cognizant says its ecosystem for securing mega contracts is key to regaining a top-four global IT services ranking
Avik Das Bengaluru
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Cognizant said it has built an ecosystem for consistently winning large and mega deals—one of its stated growth levers—which it believes will help it regain a position among the top four IT services companies globally within the next three years.
The Nasdaq-listed firm secured 24 large deals in its last financial year and four more in the first quarter ended 31 March. It has also signed another cost-efficiency deal this month, although it declined to share the value or the sector. Cognizant follows a January–December financial calendar.
'What has worked for us is we have rebuilt a virtuous cycle of
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