‘IT is still not a science’
The days of building mammoth legacy systems are over. It is no more about deploying a lot of employees. There is a need to build domain capability and work on leading edge of technology For the year 2012, New Jersey-based technology outsourcing company Cognizant reported earnings that beat analysts’ expectations in an “uncertain” market. Over the last few years, the company has overtaken rivals Wipro and Infosys in quarterly revenue and is within striking distance of overtaking TCS. In a free-wheeling interview with The Hindu, R. Chandrasekaran, Group Chief Executive, Technology & Operations, Cognizant details the need to move on to newer pastures while shedding India’s image as a low-cost services provider. Excerpts: How should we read your latest quarterly results? You have lowered your revenue guidance to 17 per cent this year, from 20 per cent last year. I met some people from the manufacturing sector. They are saying that they are all bleeding. They are asking me:...