Digital Shift Keeps Pushing Cognizant Technology's Business Forward

The technology industry has been innovating at a faster pace than ever before, and it's a major challenge for businesses to keep up with changes quickly enough to take advantage of new capabilities while staying ahead of their competitors. Cognizant Technology Solutions (NASDAQ: CTSH) provides the information technology support that businesses need in order to use tech-related tools to maximum advantage, and the IT specialist's recent focus on what it calls the digital at scale transformation has paid off with solid results in past quarters.

Coming into Wednesday's third-quarter financial report, Cognizant investors were expecting that the tech consultant would be able to keep growing at a healthy pace. The results showed consistent progress along its long-term growth trajectory, and Cognizant remains confident in its capacity to help more clients upgrade their IT systems. Let's take a closer look at Cognizant to see how it's doing and what's ahead.

Image source: Cognizant Technology Solutions.

Source: Fool.com