Recent acquisitions contributed approximately 200 basis points of growth to the overall change in revenues, highlighting the company's inorganic growth strategy.

The company initiated the NextGen program in Q2 2023 to streamline operations and consolidate office space, with expected savings to fund investments in people and revenue growth.

The company plans to make significant investments in AI capabilities to meet client needs and harness its value in a flexible, secure, scalable and responsible way.

The company's voluntary attrition rate in tech services decreased to 14.6% for the trailing twelve months ended September 30, 2024, compared to 16.2% for the same period in 2023, indicating improved employee retention.

The company incurred $33 million in NextGen program costs in Q3 2024, bringing the total costs since inception to $314 million. The program is expected to be completed by the end of 2024.

The company's employee count decreased to approximately 340,100 at the end of Q3 2024, compared to 346,600 at the end of Q3 2023, inclusive of Belcan employees.

The company notes potential tax law and regulatory changes, including possible U.S. corporate income tax reform and the Code on Social Security, 2020 in India, which may impact future results.

The company acknowledges that macroeconomic and geopolitical factors, including uncertainty related to the global economy, have affected and may continue to affect client demand for services.

The company is evaluating the potential impact of the India-Mauritius Income Tax Treaty amendment, which could increase the effective income tax rate for CTS India.

The company competes on the basis of the knowledge, experience, insights, skills, and talent of its employees and the value they provide to clients.

The company acknowledges that AI technologies and services are part of a highly competitive and rapidly evolving market, requiring significant investments to remain competitive.

The company expects that some services currently performed for clients will be replaced by AI or other forms of automation, potentially leading to reduced demand for certain services.

The company's Days Sales Outstanding (DSO) increased to 81 days as of September 30, 2024, from 77 days as of December 31, 2023, indicating a potential slowdown in collections.

The company initiated the NextGen program to simplify the operating model and optimize corporate functions, with expected savings to fund investments.

The company is operating with fewer layers in an effort to enhance agility and enable faster decision making, indicating a focus on operational efficiency.

The company plans to make significant investments in AI capabilities to meet client needs and harness its value in a flexible, secure, scalable, and responsible way.

The company is increasingly using AI-based technologies, including GenAI, in client offerings and internal operations, indicating a focus on technological innovation.

The company expects that some services will be replaced by AI or other forms of automation, which may lead to reduced demand for certain services.

The company's stock repurchase program had a remaining balance of $1.377 billion as of September 30, 2024, indicating potential future capital return to shareholders.

The company borrowed $600 million under its revolving credit facility to partially fund the acquisition of Belcan, indicating a strategic use of capital for growth.

The Board of Directors approved a dividend of $0.30 per share, reflecting the company's commitment to returning capital to shareholders.

The 10-Q filing does not explicitly mention any specific ESG initiatives or commitments, indicating a potential area for further development and disclosure.

The company expects clients to focus on digital transformation into AI-ready, software-driven, data-enabled, customer-centric, and differentiated businesses.

The company believes clients will continue to contend with industry-specific changes driven by evolving digital technologies, regulatory uncertainty, and consolidation.

The company acknowledges that macroeconomic and geopolitical factors, including the uncertainty related to the global economy, have affected and may continue to affect client demand for services.