[ BENGALURU: Cognizant has expanded its partnership with Microsoft, with the goal of making MS’s generative AI and Copilots available to millions of users.Cognizant has purchased 25,000 Microsoft 365 Copilot seats, along with 500 sales Copilot and 500 services Copilot to enhance productivity, streamline workflows, and transform customer experiences. In addition, Cognizant will work to … Read more
[ Cognizant’s AI and industry expertise, combined with the NVIDIA BioNeMo generative AI platform, create a strong foundation to improve outcomes in the healthcare and life sciences sectors TEANECK, N.J., March 19, 2024 /PRNewswire/ — Cognizant (NASDAQ: CTSH) is advancing the application of generative AI (gen AI) technology with the NVIDIA BioNeMo platform to solve complex challenges … Read more
[ 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. Recent research has shown more than half (66 percent) of executives are ambivalent or dissatisfied with their company’s progress on AI and gen AI, and … Read more
[ BENGALURU: Cognizant’s headcount shrank by 7,600 employees to 3.4 lakh employees in the 2023 financial year compared to the corresponding period last year. The reduction in net hiring in several IT firms reflects subdued macroeconomic indicators, continued pressure in banking and financial services, decision-making cycles are now longer, and there’s softness in discretionary spending.The … Read more
[ CHENNAI/BENGALURU: IT services major Cognizant Technology Solutions on Wednesday posted a 0.3% decline in constant currency revenue for the full year 2023, at $19.4 billion, as weakness in demand continued to plague the IT sector. Revenue for the Dec quarter came in at $4.8 billion – a 2.4 % decline in constant currency terms … Read more
[ BENGALURU: The Bengaluru Civil Court has referred both the parties– former Wipro CFO Jatin Dalal and Wipro — to arbitration. Judge Doddegowda K presided over the court proceedings on Wednesday.Dalal can invoke his rights to an arbitral tribunal following an order passed by the Bengaluru Civil Court on Wednesday. Dalal has filed an application … Read more
[ CHENNAI: In a reprieve to Cognizant Technology Solutions India, the Madras high court has granted an interim stay against the income tax department liquidating Rs 2,956-crore bank deposits of the company in lieu of Rs 4,300-crore tax arrears.A division bench of Justice R Mahadevan and Justice Mohammed Shaffiq has, however, directed Cognizant to make … Read more
[ BENGALURU: Wipro has demanded that its former CFO Jatin Dalal pay Rs 25 crore to the company for breach of contract, according to a suit filed in the civil court in Bengaluru. TOI has obtained a copy of the court papers. The company has also asked the court to restrain Dalal from disclosing confidential … Read more
[ Cognizant Unveils Shakti to Advance Women Leadership in Technology
