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Cognizant Technology Solutions Corporation has reaffirmed its previously announced full-year (2015) revenue guidance of at least $12.41 billion.
The US-based IT company provided a business update reflecting the impact of last month’s heavy rains and flooding in Chennai where it has 11 delivery and operations centres and over 60,000 employees.
During this period, the company’s priorities were ensuring the safety of its employees and their families, and maintaining continuity of critical operations for clients.
Cognizant in a press release said that all its employees are safe and accounted for and that its comprehensive Business Continuity Plan enabled continuity of critical work for its clients.
“Cognizant extends its gratitude to its employees, business partners, government agencies, and others involved in recovery efforts that helped in quickly bringing our business operations back to normal,” said Gordon Coburn, President of Cognizant.
“We are also grateful to our clients for their understanding of the circumstances, and their support of our Business Continuity Plan actions taken during the flood to successfully ensure continued delivery of services,” he said in a press release.
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