Synopsis
For years, Cognizant has struggled to grow revenues and margins. Its new CEO Ravi Kumar S knows that incremental measures won’t work. He has made his big move. It has one key element that he must protect against for the move to work.
Ravi Kumar S is a brave man. He was appointed the CEO of the beleaguered USD33 billion (in market cap) IT services company Cognizant, in 2023. Cognizant is trailing its peers on almost all major metrics from margins to revenue growth. Ravi Kumar is taking a page from Surya Kumar Yadav (or Rishabh Pant), going all-in with a major acquisition to revitalise company growth. On Monday, Cognizant announced it would spend USD1.3 billion to buy
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5 mins read, Last Updated:
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