Skyline Global Outsourcing Update

Cognizant Technology Solutions Corp (CTSH.O) is expected to post strong first-quarter results and possibly increase its outlook for the year, driven by robust demand for outsourcing services. Investors are looking past the quarter to see how much the IT services provider will grow in 2010. Some analysts say the company could guide for at least 22 percent revenue growth in 2010. In February, Cognizant gave a 2010 growth outlook of 20 percent, an estimate most analysts view as conservative. In 2009, it grew 16 percent.

The company, which offers business process outsourcing and consulting services, is seen as one of the key beneficiaries of the sharply rebounding $60 billion Indian outsourcing market. Most of the employees and development centers of Teaneck, New Jersey-based Cognizant are based in India.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).