CTSH

Cognizant Unveils Advanced Artificial Intelligence Lab to Accelerate AI Research and Innovation

Retrieved on: 
Thursday, March 7, 2024

TEANECK, N.J., March 7, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading global technology company, today announced the launch of an Advanced Artificial Intelligence (AI) Lab. The lab, based in San Francisco, will focus on advancing the science and practice of AI through innovation and development of intellectual property and AI-enablement technologies. Staffed by a team of researchers and developers, including AI pioneers and PhDs, the lab will collaborate with research institutions, customers, and startups and already has 75 issued and pending patents that provide a differentiated foundation on which to build cutting edge AI solutions. The lab is part of the commitment Cognizant announced last year to invest $1 billion in generative AI (gen AI) over the next three years.

Key Points: 
  • With 75 issued and pending patents, the lab will launch with a team of dedicated AI researchers and developers; focus will be on research, innovation and production of cutting-edge AI systems
    TEANECK, N.J., March 7, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading global technology company, today announced the launch of an Advanced Artificial Intelligence (AI) Lab.
  • The lab is part of the commitment Cognizant announced last year to invest $1 billion in generative AI (gen AI) over the next three years.
  • The launch of Cognizant's Advanced AI Lab comes at a time when enterprises are rapidly working to understand the impact of AI and meet expanding expectations around its promise.
  • In addition to the launch of Cognizant's Advanced AI Lab, Cognizant is supporting enterprise AI adoption through its AI Innovation Studios in London, New York, San Francisco, Dallas, and Bengaluru.

Cognizant Unveils Advanced Artificial Intelligence Lab to Accelerate AI Research and Innovation

Retrieved on: 
Thursday, March 7, 2024

By harnessing the power of Large Language Models (LLMs) as capable knowledge workers, the lab's researchers and developers will use the Cognizant Neuro™ AI platform to orchestrate LLMs into decision-making AI systems that can positively impact and optimize business outcomes. Moving beyond simple prompt engineering and fine-tuning, these customized AI applications will be designed to support higher value outcomes -- from strategic board-level business decisions to enterprise operations including financial, sales, product, and IT support, to day-to-day productivity of individual employees.  

Key Points: 
  • With 75 issued and pending patents, the lab will launch with a team of dedicated AI researchers and developers; focus will be on research, innovation and production of cutting-edge AI systems
    TEANECK, N.J., March 7, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading global technology company, today announced the launch of an Advanced Artificial Intelligence (AI) Lab.
  • The lab is part of the commitment Cognizant announced last year to invest $1 billion in generative AI (gen AI) over the next three years.
  • The launch of Cognizant's Advanced AI Lab comes at a time when enterprises are rapidly working to understand the impact of AI and meet expanding expectations around its promise.
  • In addition to the launch of Cognizant's Advanced AI Lab, Cognizant is supporting enterprise AI adoption through its AI Innovation Studios in London, New York, San Francisco, Dallas, and Bengaluru.

Cognizant and Microsoft Collaborate to Power the Future of Healthcare Administration with Generative AI

Retrieved on: 
Wednesday, March 6, 2024

TEANECK, N.J., March 6, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and Microsoft are collaborating to infuse generative AI into healthcare administration. This new, groundbreaking collaboration aims to increase productivity and efficiency for healthcare payers and providers, while ensuring timely responses and improved care for patients. The TriZetto Assistant on Facets will leverage Azure OpenAI Service and Semantic Kernel to provide access to generative AI within the TriZetto user interface.

Key Points: 
  • TEANECK, N.J., March 6, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and Microsoft are collaborating to infuse generative AI into healthcare administration.
  • The TriZetto Assistant on Facets will leverage Azure OpenAI Service and Semantic Kernel to provide access to generative AI within the TriZetto user interface.
  • "At Cognizant, we're working closely with clients to understand and implement generative AI into their organizations, helping them unlock and expand value across the enterprise.
  • "Generative AI is having a profound and transformational impact on every industry, including healthcare," said Rob Dahdah, CVP of Microsoft's Healthcare & Life Sciences Industry and Partner Sales organization.

Cognizant Expands Technology Operations Partnership with CNO Financial Group

Retrieved on: 
Thursday, February 22, 2024

TEANECK, N.J., Feb. 22, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today the continuation of a strategic partnership with CNO Financial Group, Inc. (NYSE: CNO), a leading provider of insurance, financial services and workforce benefits solutions to middle-income America. Cognizant will help further optimize and enhance CNO's technology-based services and solutions with cloud and digital technologies and artificial intelligence (AI) through this partnership. 

Key Points: 
  • TEANECK, N.J., Feb. 22, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today the continuation of a strategic partnership with CNO Financial Group , Inc. (NYSE: CNO), a leading provider of insurance, financial services and workforce benefits solutions to middle-income America.
  • Cognizant will help further optimize and enhance CNO's technology-based services and solutions with cloud and digital technologies and artificial intelligence (AI) through this partnership.
  • Cognizant will provide end-to-end technology services using industry-leading delivery frameworks and service offerings.
  • "At CNO, we're committed to partnerships that help us enhance our technology experience, improve our service delivery and efficiency, and build integrated capabilities to continuously improve how we support our customers, associates and agents," said Mike Mead, Chief Information Officer, CNO Financial Group.

Lexitas Announces Appointment of Sriram Venkateswaran as Chief Financial Officer

Retrieved on: 
Wednesday, February 14, 2024

HOUSTON, Feb. 14, 2024 /PRNewswire/ -- Lexitas, a leading provider of technology-enabled litigation services and a portfolio company of funds advised by Apax, is pleased to announce the appointment of Sriram ('Sri") Venkateswaran as Chief Financial Officer.

Key Points: 
  • HOUSTON, Feb. 14, 2024 /PRNewswire/ -- Lexitas, a leading provider of technology-enabled litigation services and a portfolio company of funds advised by Apax, is pleased to announce the appointment of Sriram ('Sri") Venkateswaran as Chief Financial Officer.
  • "Sri is an outstanding senior finance executive, and we are thrilled to have him on the Lexitas Team" said Gary Buckland, CEO of Lexitas.
  • Prior to joining Lexitas, Sri served as the Chief Financial Officer at Everise, a $450 million revenue business process outsourcing services provider and a Brookfield-Warburg Pincus portfolio company focused on the global IT/BPO/CX sector with over 17,000 employees across the globe.
  • Founded in 1987, Lexitas is a leading national provider of legal support services to law firms, corporations, and insurance companies.

Announcing Cognizant Flowsource™, a generative AI-enabled platform for powering modern engineering

Retrieved on: 
Thursday, February 1, 2024

TEANECK, N.J., Feb. 1, 2024  /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a generative AI (gen AI)-enabled platform, Cognizant Flowsource™️, that aims to fuel the next generation of software engineering for enterprises. Cognizant Flowsource integrates all stages of the software development lifecycle and incorporates digital assets and tools to help cross-functional engineering teams deliver high quality code faster, with increased control and transparency.

Key Points: 
  • TEANECK, N.J., Feb. 1, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a generative AI (gen AI)-enabled platform, Cognizant Flowsource™️, that aims to fuel the next generation of software engineering for enterprises.
  • Cognizant Flowsource provides a unified engineering platform connecting the work of all software delivery stakeholders and the development community.
  • With Cognizant Flowsource, business and engineering stakeholders can gain more transparency into the organization's software engineering ecosystem.
  • Cognizant Flowsource joins other platform offerings Cognizant has recently rolled out, including Cognizant Neuro® AI , Cognizant Neuro® IT Operations and Cognizant Skygrade ™, to help enterprises manage the complexity of their IT environments and modernize towards a cloud-native architecture.

Announcing Cognizant Flowsource™, a generative AI-enabled platform for powering modern engineering

Retrieved on: 
Thursday, February 1, 2024

TEANECK, N.J., Feb. 1, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a generative AI (gen AI)-enabled platform, Cognizant Flowsource™️, that aims to fuel the next generation of software engineering for enterprises. Cognizant Flowsource integrates all stages of the software development lifecycle and incorporates digital assets and tools to help cross-functional engineering teams deliver high quality code faster, with increased control and transparency.

Key Points: 
  • TEANECK, N.J., Feb. 1, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced a generative AI (gen AI)-enabled platform, Cognizant Flowsource™️, that aims to fuel the next generation of software engineering for enterprises.
  • Cognizant Flowsource provides a unified engineering platform connecting the work of all software delivery stakeholders and the development community.
  • With Cognizant Flowsource, business and engineering stakeholders can gain more transparency into the organization's software engineering ecosystem.
  • Cognizant Flowsource joins other platform offerings Cognizant has recently rolled out, including Cognizant Neuro® AI , Cognizant Neuro® IT Operations and Cognizant Skygrade ™, to help enterprises manage the complexity of their IT environments and modernize towards a cloud-native architecture.

Cognizant Implements Amazon's Just Walk Out Technology for Canberra Institute of Technology Student Association

Retrieved on: 
Tuesday, January 30, 2024

SYDNEY, Jan. 30, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced it was appointed by the Canberra Institute of Technology Student Association (CITSA) for systems integration and payments support for Amazon's Just Walk Out technology in the Café Yala Plus Student Association store. CITSA is the first education provider to implement this technology in the Southern Hemisphere. The Café YalaPlus Student Association store provides a fast, contactless retail experience for students who can enter the on-campus store, get what they need, and leave, while avoiding queues and checkouts.

Key Points: 
  • SYDNEY, Jan. 30, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced it was appointed by the Canberra Institute of Technology Student Association (CITSA) for systems integration and payments support for Amazon's Just Walk Out technology in the Café Yala Plus Student Association store.
  • "Amazon's Just Walk Out technology benefits all CIT students, especially those studying outside of regular business hours," said Andrew Scotford, CEO of the CIT Student Association.
  • "We congratulate the Canberra Institute of Technology Student Association on improving the on-campus student experience with the latest in checkout-free technology," said Jon Jenkins, vice president of Just Walk Out technology at Amazon.
  • Amazon's Just Walk Out technology will deliver a new level of convenience to students, enabling them to easily access refreshments day and night."

Cognizant Implements Amazon's Just Walk Out Technology for Canberra Institute of Technology Student Association

Retrieved on: 
Tuesday, January 30, 2024

SYDNEY, Jan. 30, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced it was appointed by the Canberra Institute of Technology Student Association (CITSA) for systems integration and payments support for Amazon's Just Walk Out technology in the Café Yala Plus Student Association store. CITSA is the first education provider to implement this technology in the Southern Hemisphere. The Café YalaPlus Student Association store provides a fast, contactless retail experience for students who can enter the on-campus store, get what they need, and leave, while avoiding queues and checkouts.

Key Points: 
  • SYDNEY, Jan. 30, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), one of the world's leading professional services companies, today announced it was appointed by the Canberra Institute of Technology Student Association (CITSA) for systems integration and payments support for Amazon's Just Walk Out technology in the Café Yala Plus Student Association store.
  • "Amazon's Just Walk Out technology benefits all CIT students, especially those studying outside of regular business hours," said Andrew Scotford, CEO of the CIT Student Association.
  • "We congratulate the Canberra Institute of Technology Student Association on improving the on-campus student experience with the latest in checkout-free technology," said Jon Jenkins, vice president of Just Walk Out technology at Amazon.
  • Amazon's Just Walk Out technology will deliver a new level of convenience to students, enabling them to easily access refreshments day and night."

Sunstone Partners Announces the Closing of the Sale of Thirdera, the Largest Independent Global Pure-Play ServiceNow Consultancy, to Cognizant

Retrieved on: 
Tuesday, January 23, 2024

Sunstone Partners, a technology-focused growth equity firm, today announced the closing of the sale of its portfolio company, Thirdera, to Cognizant (Nasdaq: CTSH).

Key Points: 
  • Sunstone Partners, a technology-focused growth equity firm, today announced the closing of the sale of its portfolio company, Thirdera, to Cognizant (Nasdaq: CTSH).
  • Sunstone Partners created Thirdera in 2021 by merging three companies: Evergreen Systems, Cerna Solutions and Novo/Scale.
  • The company completed three additional follow-on acquisitions after the initial merger, creating the largest independent pure play ServiceNow consultancy with a global presence, with one of the largest aggregations of ServiceNow professional certifications globally.
  • Lazard, Choate Hall & Stewart and RSM acted as advisors to Sunstone Partners and Thirdera in the transaction.