![]() Financial Daily from THE HINDU group of publications Thursday, Mar 17, 2005 |
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Info-Tech
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Human Resources Cognizant hiring from US, Europe V. Rishi Kumar
Hyderabad , March 16 COGNIZANT Technology Solutions is bullish on its Application Solutions Group (ASG), which has emerged as one of the fastest growing practice involving consultancy services and cross functional domain expertise. The Chief Technology Officer of Cognizant Technology, Dr Srikanth Sundararajan, told Business Line that the ASG with over 150 people onsite and about 900 people offshore, is inducting people from the US and Europe, for specialised managerial and domain skills. "As large corporations scale up operations and get global, they are faced with the challenges of optimising their technology infrastructure. This calls for deep insight from a technology services provider, who not only brings technology expertise but also deep domain knowledge, together, with consultancy service capability," he said. Cognizant offers solutions to enterprises by building necessary frameworks that not just help integrate disparate systems but extract maximum out of their technology investments. Consequently, it would recruit in a big way from the US and Europe, in certain specialised areas of financial services such as brokerages and mortgage, logistics, automotive and manufacturing. "Typically, the traditional services model means for every one manager onsite about 40 people are offsite. In this case, for every manager, 15 are offsite. ASG deals are larger, long-term and onsite heavy. For Cognizant, the application development comprised just about 15 per cent of overall business a few years ago, and this has gone up to 45 per cent now. Of this, about one third is ASG, offering composite applications, across various business requirements," he said. "The best part of ASG is that this could also provide opportunity to extend managed services. This also complements the eTesting practice, which has grown to 1,000 people and is projected to reach 2,000," Dr Sundararajan said.
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