CTSH | Jotup

Cognizant enters into a strategic partnership with Telstra to elevate software engineering capabilities and enhance customer experience

Retrieved on:

Domenica, Aprile 28, 2024

AI, CTSH, Software engineering, Partnership, Artificial intelligence, Culture, Telecommunications, Growth, Management

SYDNEY and TEANECK, N.J., April 28, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a five-year strategic partnership with Telstra as part of the Australian telecommunications and technology company's strategy for growth. Cognizant will introduce new ways of working to accelerate Telstra's software engineering and IT capabilities and leverage modern technologies, such as artificial intelligence (AI) to drive innovation and improve operational efficiency.

Key Points:

The strategic partnership seeks to accelerate Telstra's technology outcomes with Cognizant implementing modern product engineering practices that will enable Telstra to further improve its customer experience and speed to market.
Leveraging its global capabilities, Cognizant will support Telstra's strategy to enable more efficient software engineering and IT operations and decommission legacy systems.
Moreover, the strategic partnership aims to support employee experience by building a superior engineering experience, further fostering a modern and innovative culture within Telstra.
"Our strategic partnership with Cognizant will help us build our modern software engineering capability – defined by modern product engineering practices, the latest tools and a stable workforce," said Kieran O'Meara, Head of Software Engineering and IT at Telstra.

Congruent Solutions Appoints Mahesh Natarajan as Chief Revenue Officer

Retrieved on:

Giovedì, Aprile 25, 2024

Data Management, Health, Consumer, Technology, Seniors, Managed Care, Software, Multimedia, Congruence, CTSH, Nataraja, Insurance, Software as a service, Trust

Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the retirement industry in the U.S., today announced the appointment of Mahesh Natarajan as its Chief Revenue Officer.

Key Points:

Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the retirement industry in the U.S., today announced the appointment of Mahesh Natarajan as its Chief Revenue Officer.
View the full release here: https://www.businesswire.com/news/home/20240424370676/en/
Natarajan is an acknowledged techno-business leader in the insurance and retirement industry, having spent over 25 years with Cognizant (NASDAQ: CTSH), serving clients in the U.S.
“We are pleased to welcome Mahesh Natarajan to Congruent,” said Balaraman Jayaraman, Co-founder and CEO of Congruent Solutions.
"I look forward to working with the talented leadership and teams at Congruent to build on its rich heritage and drive increasing value to clients as we grow each of those relationships."

Cognizant's Bluebolt Program Delivers More Than $150M in Estimated Annualized Cost Savings for Enterprises

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Giovedì, Aprile 25, 2024

Cognizant, AI, Collaboration, CTSH, Garage, Machine learning, Ideation, Electricity, Research, Gen, Maxima and minima, SVP, Microsoft, Financial services, Data management, Ageing, Running, Algorithm

TEANECK, N.J., April 25, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading global technology company, has driven more than $150 million in estimated annualized cost savings across more than 1,100 client implementations via its Bluebolt grassroots innovation program, which launched a year ago in April 2023. Building on a decade of focus on innovation, Cognizant introduced Bluebolt to empower its global associates to devise and submit ideas – large and small – with the goal of advancing clients' success. In that time, Cognizant has seen a surge in participation from its associates worldwide, with more than 130,000 ideas submitted to date, more than 23,000 ideas implemented and more than 8,000 related projects in progress with clients.

Key Points:

Overall, 220,000 Cognizant associates have been trained on Bluebolt, of which 93,000 have been trained on design thinking specifically.
To date, across industries, Cognizant clients in the Manufacturing/Logistics/Energy/Utilities, Insurance, and Banking and Financial Services sectors have implemented the most Bluebolt ideas.
Last year, Cognizant augmented the Bluebolt program with "Bluebolt Garage," a program that capitalizes on the company's bench capacity and entry-level talent to rapidly convert ideas to prototypes or Minimum Viable Products (MVPs) for clients.
For example a large energy company in the U.S. experienced challenges managing an aging electricity network while integrating renewable energy resources.

Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud

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Mercoledì, Aprile 17, 2024

Transfer, Partner, RTP, Credit transfer, Capital market, CTSH, Machine learning, Artificial intelligence, Senior, FICO, FedNow, Fraud

TEANECK, N.J. and BOZEMAN, Mont., April 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO® Falcon® Fraud Manager. The joint offering would leverage both firms' artificial intelligence (AI) and machine learning (ML) technology to help banks and other payment service providers in North America protect their customers from fraud in the growing world of instant digital payments.

Key Points:

The joint offering would leverage both firms' artificial intelligence (AI) and machine learning (ML) technology to help banks and other payment service providers in North America protect their customers from fraud in the growing world of instant digital payments.
While real-time payments have ushered in a new era of speed and convenience, they have also opened the door for scammers.
The Cognizant and FICO offering would tackle this challenge by providing real-time fraud prevention with a seamless integration of the real-time payments rails.
Our collaboration with Cognizant aims to provide stronger protection for real-time payments by combining the Cognizant communication layer and clearing gateway with FICO Falcon Fraud Manager, the leading payments fraud management solution," said Alexandre Graff, Global Head of Partners & Alliances at FICO.

Cognizant Has Awarded $70 Million to Advance Globally Diverse Communities

Retrieved on:

Giovedì, Aprile 11, 2024

TEANECK, N.J., April 11, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading global technology company, has awarded $70 million in philanthropic funds through 117 grants to 77 organizations globally since 2018. This milestone builds on Cognizant's long history investing philanthropic dollars into global skilling programs and building partnerships that drive economic mobility for under-represented communities. More recently, Cognizant's corporate giving effort has been embedded as a key part of the company's Synapse initiative to train one million individuals for the jobs of the future by the end of 2026.

Key Points:

This milestone builds on Cognizant's long history investing philanthropic dollars into global skilling programs and building partnerships that drive economic mobility for under-represented communities.
Cognizant has a deep history of investing in training and educating the global workforce, as well as uplifting underrepresented communities and marginalized groups through pathways to success.
Taken together, these organizations have been instrumental in inspiring, educating, and preparing communities and individuals of all ages to succeed in today's rapidly evolving workforce.
Cognizant believes that a key ingredient in sustainability is investing in training and upskilling so that individuals are empowered with the technology skills to maintain their livelihoods and communities.

Cognizant Has Awarded $70 Million to Advance Globally Diverse Communities

Retrieved on:

Giovedì, Aprile 11, 2024

TEANECK, N.J., April 11, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading global technology company, has awarded $70 million in philanthropic funds through 117 grants to 77 organizations globally since 2018. This milestone builds on Cognizant's long history investing philanthropic dollars into global skilling programs and building partnerships that drive economic mobility for under-represented communities. More recently, Cognizant's corporate giving effort has been embedded as a key part of the company's Synapse initiative to train one million individuals for the jobs of the future by the end of 2026.

Key Points:

This milestone builds on Cognizant's long history investing philanthropic dollars into global skilling programs and building partnerships that drive economic mobility for under-represented communities.
Cognizant has a deep history of investing in training and educating the global workforce, as well as uplifting underrepresented communities and marginalized groups through pathways to success.
Taken together, these organizations have been instrumental in inspiring, educating, and preparing communities and individuals of all ages to succeed in today's rapidly evolving workforce.
Cognizant believes that a key ingredient in sustainability is investing in training and upskilling so that individuals are empowered with the technology skills to maintain their livelihoods and communities.

Cognizant Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on:

Mercoledì, Aprile 10, 2024

CTSH, Cognizant, Information technology, Online shopping

TEANECK, N.J., April 10, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the first quarter of 2024 on Wednesday, May 1, 2024 after market close.

Key Points:

TEANECK, N.J., April 10, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the first quarter of 2024 on Wednesday, May 1, 2024 after market close.
Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter.
To participate in the conference call, domestic callers can dial 877-810-9510 and international callers can dial 201-493-6778 and provide the following conference passcode: Cognizant Call.
The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com .

Cognizant signs a large, global infrastructure agreement with McCormick & Company, Inc.

Retrieved on:

Martedì, Aprile 2, 2024

McCormick & Company, Acceleration, SVP, AI, MKC, CTSH, Operation

TEANECK, N.J., April 2, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced a new agreement to transform and manage the global technology infrastructure of McCormick & Company, Inc. (NYSE: MKC), a global leader in flavor with a portfolio of category-leading brands that span 150 countries and territories around the world.

Key Points:

The new agreement is expected to deliver predictable business outcomes powered by AI automated tools.
"We're pleased to partner with Cognizant as we look to accelerate the global transformation of our core technology infrastructure," said Sarah Aronovici, McCormick's VP IT Service & Solution Delivery.
"Cognizant differentiated itself from other providers with its clear focus on client centricity, transformation, flexibility and a future ready solution."
Cognizant is expected to deliver several key capabilities for McCormick over the next five years, including new self-service capabilities, improved service productivity and significant cost savings.

Cognizant and LexisNexis Legal & Professional Extend Collaboration

Retrieved on:

Giovedì, Marzo 28, 2024

Automation, Algorithm, SVP, Communication, LexisNexis, Triage, CTSH, Engineering

TEANECK, N.J., March 28, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has announced today a multi-year extension of its strategic agreement with LexisNexis® Legal & Professional, a leading global provider of information and analytics. Through this renewed agreement, Cognizant will continue providing cloud and digital engineering services, helping accelerate feature releases and streamline operational efficiency through automation and cost optimization of LexisNexis' next-gen legal research solution, Lexis+®. LexisNexis extended its relationship with Cognizant due to the company's proven track record as a long-trusted provider.

Key Points:

Cognizant will provide cloud and digital engineering services to enhance customer experience on LexisNexis' next-gen legal research solution in the U.S. and Canada
TEANECK, N.J., March 28, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has announced today a multi-year extension of its strategic agreement with LexisNexis® Legal & Professional , a leading global provider of information and analytics.
LexisNexis extended its relationship with Cognizant due to the company's proven track record as a long-trusted provider.
Together, the companies will enhance the solution's search capabilities, helping LexisNexis' customers to navigate legal content intuitively and aim to augment the overall customer experience.
"At LexisNexis, customer-driven innovation is core to our technological and product development," said Philippe Poignant, CTO LNNA, UK and CEMEA LexisNexis Legal & Professional.

Cognizant Continues Collaboration with Pon IT to Further Manage and Optimize Cloud Services

Retrieved on:

Mercoledì, Marzo 27, 2024

Automation, Cognizant, PON, Intuition, Pon Holdings, CTSH, Video game

TEANECK, N.J., March 27, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) has today announced the renewal of its long-standing relationship with Pon IT, which is part of the Dutch family-owned multinational Pon Holdings. The collaboration will enable Cognizant to continue providing cloud managed services for Pon IT across its suite of operating companies. During the next phase of the collaboration, Cognizant will continue to implement further optimizations that are expected to enable Pon IT to benefit from an agile, intuitive, and integrated cloud platform.

Key Points:

The collaboration will enable Cognizant to continue providing cloud managed services for Pon IT across its suite of operating companies.
During the next phase of the collaboration, Cognizant will continue to implement further optimizations that are expected to enable Pon IT to benefit from an agile, intuitive, and integrated cloud platform.
Throughout a six-year relationship, Cognizant has transformed Pon IT's infrastructure to create an agile platform that leverages the power of automation.
Saket Gulati, Head of Northern Europe at Cognizant said: "We are thrilled to continue working with Pon IT to provide managed services for their cloud platform and deliver benefits.