Millennium Post

Cognizant grabs 12th spot in Forbes Fast-Tech 25 list

US-headquartered Indian IT services major Cognizant has been ranked at 12th place on a Forbes list of America's 25 fastest growing tech companies, which has been topped by business networking site LinkedIn.

Social networking giant Facebook is ranked second, followed by global IT major Apple at the third place.Nasdaq-listed Cognizant, which recently pipped Infosys as the second-largest IT services firm in India, is the only Indian company on the list. Despite being a US-based company, a significant portion of its employees are from India.

Others on the list include 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 quite low at 17th place.
The list icludes only those tech firms that are making profits and have a minimum revenue of USD 150 million and a market cap of at least USD 500 million.

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