COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION


Associated tags: CTSH, Life, Cognizant, AI, Automation

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

Retrieved on: 
Wednesday, April 17, 2024

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

Retrieved on: 
Tuesday, April 2, 2024

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: 
Thursday, March 28, 2024

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.

Clario Selects Cognizant as Global Strategic Technology Services Provider to Optimize and Advance their Clinical Transformation Journey

Retrieved on: 
Monday, March 25, 2024

TEANECK, N.J., March 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today it has been selected by Clario, a healthcare research technology company that delivers leading endpoint technology solutions for clinical trials, to support its global IT infrastructure and applications. The collaboration will help Clario advance its employee and customer offerings in support of its mission to transform lives by generating high-quality evidence for more informed decision making.

Key Points: 
  • "At Clario, we pride ourselves on providing the best technology for our customers and we do that by creating a robust and innovative ecosystem," said Jay Ferro, EVP, Chief Information, Technology & Product Officer at Clario.
  • "Cognizant's innovative technology and industry expertise made them the natural choice to partner on the next phase of our digital transformation journey."
  • "Clinical trials require secure and reliable technology to manage patient data, monitor results, ensure regulations are met, and more."
  • "Clario is doing groundbreaking work in providing this technology to run clinical trials, and Cognizant is excited to work alongside them to modernize their offerings."

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 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.

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.

Cognizant Schedules Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, October 11, 2023

TEANECK, N.J., Oct. 11, 2023 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quarter of 2023 on Wednesday, November 1, 2023, after market close.

Key Points: 
  • TEANECK, N.J., Oct. 11, 2023 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quarter of 2023 on Wednesday, November 1, 2023, 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 .