Looking at our 2014 results, revenue rose to $10.26 billion, up 16% from 2013. GAAP net income increased 17% to $1.44 billion, or $2.35 per diluted share. Diluted EPS on a non-GAAP basis, excluding stock-based compensation costs, acquisition-related charges and net non-operating foreign currency exchange gains and losses, was $2.60. GAAP operating margin was 18.4%, while non-GAAP operating margin, excluding stock-based compensation costs and acquisition-related charges, was 20.2%, slightly above our targeted 19% to 20% range.* We ended 2014 with $3.77 billion in cash and short-term investments, supporting our capacity to grow along with our clients’ emerging needs. 

We have continued to grow across vertical sectors, regions and lines of service — with a particularly strong L Q F U H D V H L Q V W U D W H J L F D F F R X Q W V Z K L F K Z H G H o Q H D V F O L H Q W V with the potential to generate $5 million to $50 million or more in annual revenue. We had 271 strategic accounts at the end of 2014, an increase of 28 over 2013. With our strong client relationships, deep knowledge of industry- V S H F L o F E X V L Q H V V S U R F H V V H V X Q G H U V W D Q G L Q J R I O H J D F \ , 7 architectures, global delivery capability and large-scale, multi-service integration, we are well positioned to win and execute on such major engagements. 

Our  Financial Services  segment grew 15.3% year-over- year, powered in part by continued strength in our insurance practice, where demand is accelerating for end-to-end managed services. In banking, underlying business drivers continued to pivot around cost 

optimization, regulatory compliance, real-time risk monitoring, and fraud and trade surveillance. 

Our Healthcare  segment, which consists primarily of our payer, pharmaceutical and medical-device clients and now our TriZetto business, grew 18.7% year-over- year (15.2% excluding TriZetto). The Life Sciences segment began stabilizing after two challenging years. Improved performance was driven by strategic supplier consolidation and cost optimization across many existing and new clients. The business also saw increased demand for end-to-end service offerings across applications and infrastructure, leveraging cloud technologies and platforms. 

Revenues in our Retail, Manufacturing and Logistics segment were up 12.1% from 2013. We are seeing more demand, particularly in areas such as modernizing supply chains, and digital and e-commerce engagements. Our Other  segment, which includes high-tech, communications, as well as information, media and entertainment clients, was up 20.3% year-over-year, in part driven by new engagements with our existing clients. 

Growth was strong across all geographic regions. North America revenues rose 14.9%, including TriZetto. Europe was up 19.3% overall, with especially strong growth in Continental Europe, driven by a shift toward larger, multi-year global sourcing engagements. We continued to expand in other key regional markets, including India, Singapore, Australia, Japan and Hong Kong, with revenues increasing 23.6% over the prior year. 

* Non-GAAP diluted EPS (earnings per share) D Q G Q R Q * $ $ 3 R S H U D W L Q J P D U J L Q D U H Q R W P H D V X U H P H Q W V R I o Q D Q F L D O S H U I R U P D Q F H S U H S D U H G L Q D F F R U G D Q F H Z L W K * $ $ 3 See “Non-GAAP Financial Measures” beginning on page 53 of the Company’s Annual Report on Form 10-K included in this Annual Report for more information and a U H F R Q F L O L D W L R Q W R W K H P R V W G L U H F W O \ F R P S D U D E O H * $ $ 3 o Q D Q F L D O P H D V X U H V 

