SINGAPORE, Nov. 20, 2019 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) is recognized as an Artificial Intelligence (AI) Consultancies leader in the Asia Pacific (AP) region by Forrester Research, a leading global research and advisory firm. The Forrester Wave™: AI Consultancies In Asia Pacific, Q3 2019 report reviews the capabilities of 10 service providers on 24 criteria covering their current offering, strategy, and market presence.
Cognizant received the highest rating possible in the data, data science and analytics, partner ecosystem, past performance, and deal size criteria. The report also noted that:
"Consultancies with distinct strengths in data science and analytics, data engineering, and business domain expertise position themselves to successfully deliver positive AI business impact to their customers," wrote Achim Granzen of Forrester in the report. "While many vendors have developed strong local practices or deep business expertise in selected domains and industries, very few provide consistent breadth and depth across all sub-regions, industries, and domains in AP…Organizations embarking upon their AI journey or expanding their use of AI should look for AI consultancies that excel in data science, analytics, and data engineering…marry business expertise and AI technology chops…[and] have a strong regional and local presence."
"As AI begins to dictate both the future and future-readiness of businesses in Asia Pacific, they are looking for a partner that can deliver end-to-end intelligence to solve complex business problems, facilitate decision-making, improve business processes, enhance user engagement, reduce costs, and drive growth and profitability," said Jayajyoti Sengupta, Head of Asia-Pacific and Japan, Cognizant.
He added, "Wherever these businesses are on their AI journey — ideas, iteration, piloting, data migration, or system implementation and expansion — and whatever their goals are — enhancing applications, workflows or processes, stitching together experiences, or exploring new channels of revenue and service, Cognizant is delivering thoughtful and human-centered ways to accelerate not just time-to-market, but also time-to-value and time-to-answers. We believe being named a leader in AI Consultancy in AP by Forrester is a testament to our capabilities and commitment to helping businesses augment what they and their employees, customers and partners can accomplish with intelligent machines."
Cognizant's applied AI approach revolves around augmenting and enhancing, rather than automating and replacing, human experiences. The "intelligence" in Cognizant AI solutions is designed to perceive and behave in familiar ways, while the "artificial" provides scale and repeatability not otherwise possible. For example, a utility client uses a Cognizant-developed artificial intelligence solution to automatically scan drone-taken images of its power distribution network to dramatically reduce the cost of identifying equipment problems and repairs, while also preemptively alerting maintenance teams.
Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 193 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.