Cognizant aims to join top 4 IT firms by 2027

Cognizant has set an ambitious target of being among the world’s top four IT services firms by 2027, focusing on revenue and margin growth, market share expansion, and large deal wins. Analysts, however, say this may be difficult, given the IT major’s past struggles and industry challenges.

“We want to be in the winner’s circle by 2027,” said S Ravi Kumar, Cognizant’s chief executive, referring to the group of the largest and fastest-growing IT services firms. “Our definition of the winner’s circle is to be a top-tier player,” he said.