SOURCE: StockCall

StockCall

November 11, 2010 08:19 ET

Opinions on Cognizant Technology Solutions Corp. and Tibco Software Inc. -- Software Companies Near and Far Vie for US Medical Records Contracts

JOHANNESBURG, SOUTH AFRICA--(Marketwire - November 11, 2010) - www.stockcall.com/ offers investors comprehensive research on the business software & services industry and has completed analytical research on Cognizant Technology Solutions Corp. (NASDAQ: CTSH) and Tibco Software Inc. (NASDAQ: TIBX). Register with us today at www.stockcall.com/ to have free access to these researches.

One of the stipulations in President Obama's healthcare reform bill was that all medical records be digitized by January 2015. While the deadline is still over four years away, the race is already underway amongst software and IT companies. Currently, it is estimated that $50 billion will be spent on healthcare information in the next two years.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the business software & services industry can have easy and free access to our analyst research and opinions on Cognizant Technology Solutions Corp. and Tibco Software Inc.; all investors need to do is register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.

The U.S. government will begin doling out contracts at the start of 2011. Competition amongst U.S. based companies is already fierce but it appears they'll also face outsourcing challenges from India based companies as well. Indian software solution providers liken the health information market to the Y2K scare that provided billions in outsourced revenues. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the business software & services industry.

In addition to the digitization of all medical records, the government also mandated that doctors also comply with a new system of insurance billing codes. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Overall, the massive overhauls to the way health information is stored and processed could mean big revenue and contract gains for companies most prepared to provide solutions well ahead of the deadline. 

For the third quarter 2010, IT service provider Cognizant Technology Solutions Corp. posted revenue of $1.217 billion with net income of $203.7 million. Upbeat result for the quarter was driven by excellent performance across all industries, service lines and geographies. Investors looking for free research on Cognizant Technology Solutions Corp. are welcome to sign up at www.stockcall.com/CTSH111110.pdf.

On the other hand, Tibco Software Inc. saw profits of $0.17 per share and revenue boost of 23% to $184.5 million. Investors looking for free research on Tibco Software Inc. are welcome to sign up at www.stockcall.com/TIBX111110.pdf.

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines.

Contact Information