Cognizant opens techno-campus in Coimbatore

In continuing its effort to spread to multiple markets, Cognizant Technology Solutions is looking to tap emerging markets like India, Middle East, Australia, Japan and Latin America.

Speaking to reporters after the inauguration of its new campus here on Sunday, Cognizant president and MD, R Chandrasekaran said, the company is slowly planning to expand its operations.

"It has been our conscious effort to increase our presence globally. Three years ago, we set up a management team in Japan. Last year, we reached Australia and now we have planned a strong team for India. We also service MNC clients in Singapore and China," he added.

In the last fifteen years, the company has been mainly concentrating on US and Europe markets. "We have 78% exposure in US and 20% exposure in Europe markets. Now, it is time to increase revenue from other markets as well," Mr Chandrasekaran said.

He added that it was not because of recession that the company is looking beyond US and Europe markets, but even in good times, it was planning to leverage its presence across the globe. "It will be a natural progression and we will continue to invest in North America market also," he added.

The company is also looking to get more of domestic business. "We have 18 to 20 clients in India and there is huge opportunity," Mr Chandrasekaran said.