CEO Francisco D’Souza has been given additional responsibility as he appointed as the vice-chairman of Cognizant. Cognizant has turned out to be one of the world’s driving innovation administrations organizations in view of an interesting ‘client-first’ culture.
John Klein, chairman of the Cognizant board of directors said, “The company’s leadership team has been at the vanguard of the shifts in technology, and the company has invested significantly in digital over the past several years to achieve a differentiated market position.”
The tech giant has been consistently outperforming its peers to clock revenues of $14.81 billion in 2017, from just about $1.42 billion. Sources stated that in 2010, the company has overtaken Wipro Ltd to clock better quarterly and annual revenues.
Cognizant has been the only company to clock over $1 billion in incremental revenue every year. However, over the last 11 years, the company has added $13.39 billion in revenues.
D’Souza said, “It is a great honor to be named vice-chairman of Cognizant’s board.”
The company kept up that D’Souza’s elevation isn’t a piece of its progression arranging, given that in September 2016, Rajeev Mehta was raised as the leader of the organization.
Company’s spokesperson added, “As we look at the vast market opportunities to help our clients apply digital technologies such as artificial intelligence, IoT, cloud, and blockchain at scale, we are confident that we have the market position and the executive team to further extend Cognizant’s leadership.”