For Cognizant’s healthcare vertical, the September quarter has bought some cheer with a pick up in growth, led by the Life Sciences segment. What’s more, this is the fastest segmental growth the IT major has seen over the last few quarters.
Leadership churn and a ransomware attack also played a role, pointed out analysts and executives Moneycontrol spoke to earlier. Chunky Satija, Practice Director – Healthcare, Everest Group, an IT consultancy firm, said in an earlier interaction that leadership churn was an impediment, as it impacted the relationships that Cognizant executives had developed with consumers, and which suffered as they left.