Tag: phil fersht

BENGALURU: For the first time in Cognizant’s 25-year listed history, its healthcare vertical will likely beat the BFSI vertical in the September quarter. Indeed, this might be the first time that BFSI is being beaten by any vertical for the leading listed Indian-heritage IT services companies. BFSI has for long been the mainstay for TCS, Infosys, HCLTech and Wipro.Cognizant’s BFSI revenue in the June quarter was $1.46 billion, while its healthcare is nipping at its heels at $1.40 billion. BFSI accounts for 31% of Cognizant’s revenue, and healthcare...