NASDAQ:CTSH

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."

Cognizant Helping to Modernize Infrastructure and Application Management as Part of Takeda's Digital Transformation

Retrieved on: 
Thursday, January 25, 2024

TEANECK, N.J., Jan. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today an expanded agreement with Takeda (NYSE: TAK), a global biopharmaceutical company, to support the company's digital transformation strategy by reinforcing and supporting its technology efforts. Together, Takeda and Cognizant will embark on a new project to attract additional technology talent and help Takeda further expand its Innovation Capability Center operations.  

Key Points: 
  • Together, Takeda and Cognizant will embark on a new project to attract additional technology talent and help Takeda further expand its Innovation Capability Center operations.
  • "Cognizant's support has complemented our continuous innovation and digital growth," said Sanjay Patel, Takeda Global Head of DD&T Innovation Capability Solutions.
  • "This continued relationship will enable Takeda to accelerate our digital transformation journey, modernize our operational model, and speed time to market."
  • Cognizant will help Takeda deliver digital capabilities as a service to the organization by identifying and hiring key talent to support the company's data, digital and technology ambitions.

Building an experience-centric workplace: Enhancing Cognizant WorkNEXT digital workplace services with generative AI powered by ServiceNow

Retrieved on: 
Thursday, January 25, 2024

TEANECK, N.J., Jan. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced a collaboration with ServiceNow to enhance the Cognizant WorkNEXT™ modern workplace services solution with generative AI capabilities. Designed as an intuitive, immersive and integrated experience engagement platform for enterprise users, Cognizant WorkNEXT aims to contribute to a new paradigm for work, with generative AI capabilities that power enhanced experiences, improved productivity and reduced operational costs.

Key Points: 
  • Cognizant WorkNEXT™ aims to put user experience at the center of workplace transformation, with generative AI capabilities designed to enhance employee self-service and streamline adoption of consumer-grade gen AI tech for enterprises.
  • TEANECK, N.J., Jan. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced a collaboration with ServiceNow to enhance the Cognizant WorkNEXT™ modern workplace services solution with generative AI capabilities.
  • Some of the key features of the platform enhancement include pre-configured solutions, a library of reusable generative AI configurations and multi-tool integrations.
  • The Cognizant WorkNEXT stack is a product of years of Cognizant expertise in consulting, advisory, deployments and managed services across modern workplace services.

Cognizant Schedules Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 16, 2024

TEANECK, N.J., Jan. 16, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the fourth quarter of 2023 on Tuesday, February 6, 2024 after market close.

Key Points: 
  • TEANECK, N.J., Jan. 16, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the fourth quarter of 2023 on Tuesday, February 6, 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 unveils gen AI-powered Innovation Assistant, in collaboration with Microsoft, empowering Cognizant's employees to innovate

Retrieved on: 
Tuesday, January 16, 2024

The Innovation Assistant is a pioneering tool designed to assimilate enterprise knowledge and enable greater creativity and innovation among teams of Cognizant employees working to solve client challenges across industries.

Key Points: 
  • The Innovation Assistant is a pioneering tool designed to assimilate enterprise knowledge and enable greater creativity and innovation among teams of Cognizant employees working to solve client challenges across industries.
  • The launch exemplifies Cognizant's commitment to transforming human-machine collaboration through AI and advancing knowledge and innovation by leveraging the company's vast technical and industry knowledge.
  • The Innovation Assistant is integral to Cognizant's Bluebolt grassroots innovation movement, which provides a framework for Cognizant employees anywhere and at any level, to contribute to the innovation process from ideation to implementation.
  • "It's amazing to see the power of gen AI enable innovation at different levels of an organization with Cognizant's Innovation Assistant.

Cognizant unveils gen AI-powered Innovation Assistant, in collaboration with Microsoft, empowering Cognizant's employees to innovate

Retrieved on: 
Tuesday, January 16, 2024

The Innovation Assistant is a pioneering tool designed to assimilate enterprise knowledge and enable greater creativity and innovation among teams of Cognizant employees working to solve client challenges across industries.

Key Points: 
  • The Innovation Assistant is a pioneering tool designed to assimilate enterprise knowledge and enable greater creativity and innovation among teams of Cognizant employees working to solve client challenges across industries.
  • The launch exemplifies Cognizant's commitment to transforming human-machine collaboration through AI and advancing knowledge and innovation by leveraging the company's vast technical and industry knowledge.
  • The Innovation Assistant is integral to Cognizant's Bluebolt grassroots innovation movement, which provides a framework for Cognizant employees anywhere and at any level, to contribute to the innovation process from ideation to implementation.
  • "It's amazing to see the power of gen AI enable innovation at different levels of an organization with Cognizant's Innovation Assistant.

Cognizant Impact Study Predicts Generative AI Could Inject $1 Trillion Into U.S. Economy Over 10 Years

Retrieved on: 
Wednesday, January 10, 2024

TEANECK, N.J., Jan. 10, 2024 /PRNewswire/ -- In partnership with Oxford Economics, Cognizant (NASDAQ: CTSH) today revealed findings from its new economic impact study New Work, New World, which predicted that 90% of jobs will be disrupted in some way by generative AI (gen AI), setting the stage for a profound shift in how we approach work, productivity and economic growth. The study also found that the technology's impact will be influenced by the rate of business adoption and how quickly individuals can adapt to new ways of working.

Key Points: 
  • "Our study aims to lift the curtain on the effects generative AI may have on our global workforce," said Adrian Cooper, CEO at Oxford Economics.
  • Generative AI offers the potential to improve operational efficiency, create new revenue streams, innovate products and services, and ultimately redefine businesses.
  • To quantify generative AI's potential impact on productivity and the future of work, Cognizant partnered with Oxford Economics to create an economic model that explores three scenarios of U.S. businesses' generative AI adoption.
  • This model considered 18,000 tasks that drive the U.S. economy, and carefully examines the impact Generative AI may have on the jobs that ladder up to these tasks.

Cognizant Impact Study Predicts Generative AI Could Inject $1 Trillion Into U.S. Economy Over 10 Years

Retrieved on: 
Wednesday, January 10, 2024

TEANECK, N.J., Jan. 10, 2024 /PRNewswire/ -- In partnership with Oxford Economics, Cognizant (NASDAQ: CTSH) today revealed findings from its new economic impact study New Work, New World, which predicted that 90% of jobs will be disrupted in some way by generative AI (gen AI), setting the stage for a profound shift in how we approach work, productivity and economic growth. The study also found that the technology's impact will be influenced by the rate of business adoption and how quickly individuals can adapt to new ways of working.

Key Points: 
  • Cognizant & Oxford Economics impact study predicts 90% of jobs will be disrupted in some way by generative AI.
  • Generative AI offers the potential to improve operational efficiency, create new revenue streams, innovate products and services, and ultimately redefine businesses.
  • To quantify generative AI's potential impact on productivity and the future of work, Cognizant partnered with Oxford Economics to create an economic model that explores three scenarios of U.S. businesses' generative AI adoption.
  • This model considered 18,000 tasks that drive the U.S. economy, and carefully examines the impact Generative AI may have on the jobs that ladder up to these tasks.