| Kochi development centre opened |
To build
fully-owned
techno-complexes
Kochi centre to focus on media and entertainment
KOCHI: Cognizant, a leading provider of IT services, will invest about $200 million to expand its infrastructure in the country. This expansion, to be concretised by the end of next year is mainly for land acquisition, facilities construction and furnishing.
The global company plans to build new fully-owned techno-complexes that would significantly increase Cognizant’s existing campus footprint in the country with the addition of over three million square feet and capacity for over 30,000 new employees.
The company which provides applications management, development, integration and re-engineering, infrastructure management, technology architecture, programme management and change management through its global business model, on Wednesday opened its Kochi development centre at the SEZ at Muthoot IT Park at Kakkanad here.
The company’s expertise spans industry segments such as financial services (including banking, insurance and capital markets), healthcare and life sciences, retail, manufacturing and logistics, telecommunications and media and publishing, the communication said.
It recently became the fourth largest provider of offshore IT services and BPO leveraging in India and is the fastest growing top-tier IT services and BPO company. In 2006, the company’s revenue grew by 61 per cent and its headcount grew by about 14,500 professionals.
The Kakkanad Centre was inaugurated by Scott Henry, Chief Information Officer of Arbitron Inc. In the first year of operations, the centre would be employing about 400 professionals, said Lakshmi Narayanan, vice-chairman of Cognizant Technology Solutions Corporation. The Kochi centre will focus on information, media and entertainment industry.
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