Harit Nandra’s Post

📊 Cognizant Q4 Update: Navigating Challenges, Embracing Growth 🚀 📉 Despite a 1.7% YoY dip in Q4 revenue to $4.76 billion, Cognizant Technology Solutions is celebrating a robust 7% increase in net profit, soaring to $558 million. 💡 Ravi Kumar S, CEO of Cognizant, highlights their resilience: "Q4 revenue within guided range, maintaining commercial momentum." Full-year bookings at $26.3 billion, a 9% YoY increase driven by new clients and major deals. 📈 Book-to-bill ratio stands strong at approximately 1.4x. 🌐 For the full year 2023, a marginal 0.4% YoY revenue decline to $19.4 billion, with Q1 2024 revenue projected at $4.68 - $4.76 billion. Despite the anticipated decline, Cognizant embraces growth prospects. 🚀 Looking ahead to 2024, revenue expectations range from $19.0 - $19.8 billion, showcasing their commitment to resilience, adaptability, and future success. 🌐 Join the conversation on #CognizantQ4 #techindustry #businessgrowth

📸 [𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴 𝗼𝘂𝗿 𝗿𝗲𝗳𝗿𝗲𝘀𝗵𝗲𝗱 𝗖𝗼𝗴𝗻𝗶𝘇𝗮𝗻𝘁 𝗩𝗮𝗹𝘂𝗲𝘀] "In today's fast-paced and ever-evolving business landscape, standing out while staying true to what makes Cognizant special is more important than ever. In our quarterly global town hall earlier today, Our CEO Ravi Kumar S and Executive Committee members introduced our refreshed Cognizant Values, which shape how Cognizant shows up for our clients, communities and one another. These Values not only differentiate Cognizant with clients, they unite us as a team, shape our culture and should inspire us around the organization we work for." 💫#BeCognizant #CognizantAroundTheWorld #CognizantFrance💫

A healthy ecosystem and some of the leaders who are disrupting the markets . . . more goodness, connections, and business development to follow. See you shortly @ Avasant’s #PartnerConnect2024!

🚀 IT Service Providers Thrive Despite Automotive Industry Challenges! 🌟 Even amidst the automotive industry's difficulties, top IT service providers have significantly increased their revenues, showing a remarkable 13% growth. 📈✨ Key drivers include cost and efficiency goals achieved through digitalization and automation, with AI playing a crucial role. 🤖🔧 Top performers include: 👩💻 Accenture: First to surpass €1 billion in revenue. 👩💻 Capgemini: €735 million. 👩💻 Infosys: Nearly 27% growth to €685 million. 👩💻 HCL: 163% increase, reaching €626 million, thanks to strategic acquisitions. These companies remain optimistic, expecting substantial growth in the coming years, driven by AI, cloud solutions, and modernization of legacy IT systems. 🌐🔄 #ITGrowth #AutomotiveIndustry #DigitalTransformation #AI #CloudComputing #Innovation #TechIndustry #Accenture #Capgemini #Infosys #HCL #SDV #SoftwareDefinedVehicle https://lnkd.in/d28EXdxT

On Friday 26th January we celebrated Cognizant’s 30th anniversary -- three decades of creating value for our employees, clients, and communities. I am proud to have been at Cognizant for 10 of those years and what strikes me most is Cognizant’s collective commitment to embracing a growth mindset. Over the years this has enabled us to be trusted and relied upon by the world’s leading global enterprises. This is all thanks to Cognizant’s signature client-centricity, entrepreneurial spirit, and boldness in action every day.   Over the course of the last 30 years, we have witnessed a lot of change. This has brought our sector – and Cognizant – enormous opportunities. From the dot com era and Y2K, to the growth of cloud computing, to the explosion of Gen AI today.               I look forward to the next 30 years where Cognizant will continue to play a crucial role in transforming the global industries that power our economies.   Thank you Cognizant – our associates, clients and communities - for the dedication, incredible work and collective commitment that will continue to drive important progress.    #Cognizant30

Today, Ravi Kumar S Surya Gummadi kicked off our Cognizant #GrowthSummitAmericas, and there is excitement about where we are going and appreciation for where we’ve been. As Cognizant celebrates its 30 years of serving our clients, it is marked with significant achievements, including the highest Net Promoter Score (NPS) in the company's history and a top-ranking position on Glassdoor, reflecting the company's commitment to employee satisfaction and from our leadership team. Our strategic investments in partnerships and platforms have amplified our impact on the digital landscape, including the establishment of advanced AI labs, demonstrating a forward-thinking approach where computers are on a quest to comprehend and learn from human interactions. The impact of GenAI is real and will create systems that listen and react fast while driving a $1 trillion impact on productivity in the coming 6-8 years. It will also emerge as an equalizer, bridging gaps for workers and paving the way for a more inclusive and innovative future. At Cognizant, we are passionate about innovation, which drives the company's success, and we are committed to ensuring this passion for innovation translates to our clients. Mahesh Natarajan Gwen Ulijasz, CFP®, ARM Haminder Gera Tim Queen Craig Weber Sivakumar Deivacikamani Akila Raj Anpu Thomas Alok Bhalla Bharat Kumar Damalcheruvu Sundarapandian Sethupandian Sriram Arunachalam Ashish Gairola Nitin Vyas Katrina Cheung Cary Ellexson #GrowthSummitAmericas2024

5 years of magical journey continues August 2019, joined Cognizant. Always thankful and full of gratitude to Brian Humphries, then CEO, for making me part of Cognizant. “Would you like to run BPO business?”was his first call to me. He trusted me and allowed me to be myself. Sumithra Gomatam was the leader before me, strong, long timer and well respected. Thank you Sumithra for passing me a strong business. This was a new challenge for me, to inherit a strong business and a strong team. While Brian termed it a BPO business, this team was redefining BPO every day. Cognizant was going through a massive leadership change.. I am sure that IOA Leadership team was keenly observing me. What moves I make, Who do I bring, Winners and Losers within the team, my equation with Brian.. so on. I have always enjoyed working with people.. They are the source of energy and success for me. Few observations about the business: - Recognise that this team was successful. Respect that success. - Identify Inner core of their success, deep desire to be the best, continuous innovation, customer centricity.. I could write a book on how every employee took ownership of service continuity during Covid highlighting customer centricity of this team. - Team was immensely proud of being Cognizant. I didn’t want to assess IOA based on my frames that I had experienced. I was keen to learn and respect IOA.. Adopted certain principles. Principles that I embraced: - Don’t rush to look for talent from outside. There was fantastic talent within. World is full of talented individuals. - Learn about the history of Cognizant to identify self with the pride of being Cognizant. - Creating and communicating that frame that allows one to measure success internally and externally. - Celebrating milestones together. - Accelerate the continuous innovation that was at the core of IOA. Arrival of Ravi as the new CEO in January 2023.. Oh.. oh.. what does this mean to IOA? Good news is that he likes to win big, very much symbiotic to what IOA stood for; that is a big source of strength for IOA to script the next chapter. Didn’t realise that I have completed 5 years.. Super grateful to customers who continue to inspire us, competition who continue to challenge us, Cognizant for being Cognizant, my team for giving me a place to be part of the team and to my family for cheering me on.. Magic continues..#cognizant #BPO #Leadership #innovation

Following the publication of Capgemini 2023 Integrated Annual Report, I wanted to share with you some key take aways from my interview which illustrate well how Capgemini has focused over the past few years on providing a highly engaging people experience, with attention given to key moments that matter in our employees’ lives: - We are building a company of “learn-it-alls” turning potential into business value and ensuring our employees’ sustainability and long-term employability. - We’ve adopted a holistic approach to encouraging and nurturing talent through which we provide our employees with industry-specific knowledge at every stage of their careers. - We attach increased importance to social and emotional capabilities: adaptability, empathy, storytelling. A good example is the surge of #GenerativeAI and our responsibility is to ensure that our people are at the forefront of technology to bring value to our clients. - We truly believe in our hybrid work model: with hybrid working possibilities and flexibility, our employees can balance their professional ambition with their personal life. - We have active employee-led networks, such as Women@Capgemini, OUTfront and CapAbility, dedicated to advancing diversity, equity, and inclusion both in the workplace and in society at large. - We recognize that a new type of leadership is needed to “unleash human energy through technology for an inclusive and sustainable future.” #GetTheFutureYouWant #LifeAtCapgemini

🌟 Leadership Updates in Global System Integrators 🌟 2024 has been a dynamic year for leadership changes and strategic initiatives among top global system integrators. Here are some key highlights: 1. Accenture - Manish Sharma has taken over as CEO of Accenture North America, succeeding Jimmy Etheredge. His leadership is expected to drive further growth and innovation in the region. 2. Deloitte - Jason Girzadas has been appointed as the new CEO of Deloitte, succeeding Joe Ucuzoglu. Girzadas is focused on expanding Deloitte’s consulting services and driving digital transformation. 3. EY - Janet Truncale has been elected as the next EY Global Chair and CEO, effective from July 1, 2024, succeeding Carmine Di Sibio. Her leadership will emphasize AI and data analytics. 4. Kyndryl - Martin Schroeter continues to lead Kyndryl as Chairman and CEO, driving strategic partnerships and innovation in IT infrastructure services. 5. HCL Technologies - C Vijayakumar remains the CEO and MD of HCL Technologies, focusing on digital transformation and cloud services. 6. Tata Consultancy Services (TCS) - K Krithivasan has taken over as CEO and MD of TCS, leading the company’s global expansion and digital services. 7. Infosys - Salil Parekh continues to serve as CEO and MD of Infosys, driving growth in digital services and AI 8. Wipro -Srini Pallia has been appointed as the new CEO and MD of Wipro, succeeding Thierry Delaporte. His focus will be on cloud services, cybersecurity, and digital consulting. 9. Cognizant - Ravi Kumar S has been leading Cognizant as CEO since January 2023, focusing on digital and AI services 10. Tech Mahindra - Mohit Joshi took over as CEO and MD of Tech Mahindra in 2023, driving the company’s growth and digital transformation initiatives These leaders are not only steering their companies towards growth but also setting new benchmarks in innovation and technology adoption. Exciting times ahead for the IT services industry! #Leadership #GlobalSystemIntegrators #Accenture #Deloitte #EY #Kyndryl #HCL #TCS #Infosys #Wipro #Cognizant #TechMahindra #Innovation #DigitalTransformation

Exploring Innovation: 100 Days, 100 Companies Day 13: Infosys 💻 Market Cap : $ 71.44 Billion 💵 Founder : N. R. Narayana Murthy Welcome to Day 13 of our journey innovating tomorrow with 100 Days, 100 Companies! Today, we explore Infosys, a global leader in consulting, technology, and outsourcing solutions, driving digital transformation and enabling clients to stay ahead in a rapidly evolving world. 📜 History : Founded in 1981 by Narayana Murthy and his team with a modest investment, Infosys Limited has grown to become a global leader in consulting, technology, and outsourcing solutions. Pioneering the global delivery model, Infosys revolutionized the IT industry, becoming the first Indian company listed on NASDAQ. Today, Infosys continues to drive digital transformation and innovation, delivering value to clients worldwide. 💻 Products and Services: Infosys offers a comprehensive suite of services spanning consulting, technology, and outsourcing, tailored to meet the evolving needs of its clients. From digital transformation and cloud computing to cybersecurity and artificial intelligence, Infosys leverages its expertise to drive business value and accelerate growth for its clients. 🔮 Future Expectations: Looking ahead, Infosys remains committed to driving innovation, sustainability, and inclusive growth in the technology sector. With a focus on emerging technologies, agile methodologies, and customer-centricity, Infosys aims to deliver transformative solutions that empower businesses and organizations to thrive in a digital-first world. Expect to see Infosys continue to lead the way in shaping the future of technology and driving positive change globally. 🤓 Trivia or Fun Facts: Did you know that Infosys was co-founded by Narayana Murthy, Nandan Nilekani, and five others with a modest investment of just $250 in 1981? Today, Infosys is a global technology leader with a market capitalization of billions, serving clients in over 46 countries and employing thousands of professionals worldwide. Join us on this exciting journey as we explore innovation with 100 Days, 100 Companies! Follow our page for daily updates and share your thoughts and experiences with us. Who knows which company we'll feature next? Don't miss out! #100Days100Companies #Innovation #Infosys