DBT Bureau
Bengaluru, 29 March 2025
IT services & consulting firm, Cognizant aims to achieve one of the highest revenue growth rate among its global peers by 2027 on the back of aggressive push on AI-led services.
In the recently-held investors’ meet, the company said that it aims to post top-tier revenue growth by 2027, driven by organic revenue growth. Its peers include Accenture, TCS, Infosys, Capgemini, HCLTech, Wipro, EPAM, Genpact and others, the company said in the investor presentation.
“(We aim for) annual adjusted operating margin expansion of 10–30 bps,” the company has said.
The company said it is investing around $1 billion to position it for leading the AI wave. “(We have) developed vendor-agnostic and interoperable Neuro suite of platforms for agentic AI era. (We are) reimagining “agentified workflows” with strong domain and operations knowledge,” it has said.
According to the company, Cognizant has already seen productivity-related gains owing to AI deployment.
“Around 24% reduction in drafting time has been seen in insurance vertical,” it said.
The Nasdaq-listed company reported a better than expected Q4 earnings last month. Its annual guidance for 2025 is in the range of 3.5% to 6% in constant currency (CC) terms, which is way better than 2024.
