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Cognizant 12th Highest Rising Tech-Firm

US-headquartered IT services major Cognizant has been positioned at 12th rank on a Forbes list of America's 25 fastest emergent tech companies, which has been peaked by business networking site LinkedIn. Social networking monster Facebook is ranked second, followed by global IT major Apple at the third place. NASDAQ-listed Cognizant, which freshly channeled Infosys as the second-largest IT services firm in India, is the only company on the list with big exposure to India. Cognizant is a US-listed, American corporation, although almost 75 per cent of the company's global headcount is in India. Others on the list comprise 3D Systems (4th), IPG Photonics (5th), EPAM Systems (6th), Shutterstock (7th), InvenSense (8th), Shutterfly (9th), OpenTable (10th), SolarWinds (11th), athenahealth (13th), Ixia (14th) and Equinix (15th). Interestingly, Google is ranked relatively low at 17th place. The list comprises only those tech firms that are building profits and have a least revenue of $150 million and a market cap of at least $500 million.

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