What's a nice Indian tech company like this doing stateside?

摘要

Teaneck, new jersey, is an unlikely stop on the way to Bangalore. But even as politicians aim their election-year rhetoric at India and China, Teaneck is where you'll find one of the fastest-growing out-sourcers, Cognizant Technology Solutions Corp. Independent since 1996, the former information-technology unit of Dun & Bradstreet Corp. has snared 193 clients for such IT services as programming and Web design. Thanks to juicy contracts with customers such as J.P. Morgan Chase, ADP, First Data, and Nielsen Media Research, Cognizant landed the No. 13 spot on this year's Hot Growth list. Its revenues grew at a 38% average annual clip over the past three years, while profits increased almost 50% a year. A dollar invested in Cognizant in January, 1999, would have returned $90 at the end of 2003. "The results are unmatched," says analyst Ashish R. Thadhani of investment bank Brean Murray & Go.