Cognizant in Info Tech 100

CHENNAI, INDIA: Cognizant Technology Solutions Corporation has announced that it has been named to the 2007 Info Tech 100, BusinessWeek's annual ranking of the top technology performers. Asus is also included in the list.

Cognizant jumped 14 places in overall rankings a highest leap and is placed as the fastest growing company among all technology outsourcing firms and ninth overall on the "Fastest Growing" sub-list, Cognizant said in a statement on Friday.

"We are honored to be ranked among the best known technology companies in the world industry," said Francisco D'Souza, president and CEO, Cognizant. "We have experienced strong growth and ongoing business success in global IT services. Our passion for making our customers' businesses stronger is evident in the commitment of its talented associates around the world and our ability to deliver consistently strong financial performance and value for our shareholders."

“With our far-sighted approach in innovative thinking and access to cutting-edge technology and manufacturing facilities, ASUS is once again acknowledged by BusinessWeek, a highly-respected publication, as a major influence in the IT sector,” said Jonney Shih, chairman and CEO of ASUS.

BusinessWeek's Info Tech 100 list is based initially on financial data provided by Standard & Poor's Compustat, which maintains financial and operating data on more than 28,000 publicly traded corporations, and narrowed down by industry sector, revenue, sales and performance.