Cognizant Technology Solutions Corp - Revenue Analysis & Operating Metrics 2006-2011

Cognizant Technology Solutions Corp - Financial Performance 2006-2011

Financial Performance:

• Except in 2009 (16% YoY) due to recession caused by Global Financial Crisis Cognizant had seen significant YoY revenue growth 2010 (40%) and 2011 (33%). But compared to other Indian Top players Cognizant has done really well during and after the recession and crisis. 
• Significantly reduced the operating expenses during FY 2009 and later increased operating expenses in line with the revenue growth. 
• Cognizant has overtaken Wipro and became the Number 3 player and is closely following on the heels of number 2 player Infosys. Cognizant had seen tremendous growth in the past few years. 

Cognizant Technology Solutions Corp - Geography Mix 2006-2011

Geography Analysis:

• Dependency on the North America is very high compared to other Indian Players and it gets almost 80% of revenues from the region. 
• Europe has been constant at 18-19%. 
• Rest of the World ( APAC, Latin America, MEA) revenues are small but growing slowly. 

Cognizant Technology Solutions Corp - Vertical Revenue Mix 2006-2011

Vertical Analysis:

• Cognizant is the dominant player in the BFSI segment and it gets significant amount of revenues from Insurance segment along with financial services segment. 
• Healthcare is the second largest revenue contributor and has significant dominance in this vertical and Healthcare spending in US is on the rise.  
• Manufacturing/Retail/logistics is growing over past three years.  
• Cognizant focuses on these few verticals for growth. 

Source: Company Investors Site                                     Website: http://investors.cognizant.com/