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Cognizant posts strong Q1

Teaneck, NJ: US-based Indian IT consultancy Cognizant saw revenue for the first quarter of 2015 up 20% to $2.91 billion. GAAP net income was $382.9 million, compared to $348.9 million in the first quarter of 2014. "The clients we serve are experiencing tremendous change in their businesses and are increasingly turning to Cognizant to navigate that change," said Francisco D'Souza, Chief Executive Officer of Cognizant. "The investments we have made in digital, automation, utility-based delivery models, consulting and industry-specific expertise are clearly paying off."

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