With the rise of new machines, new generations of talent and new business models based on insight and intelligence, the rules of global competition had already started to change. Now, these tectonic shifts are being further catalyzed and accelerated by the global pandemic.

There has long been a paradox at the heart of the financial sector – customer loyalty remains high despite overall trust in the banking system being very low.

The government first-grade colleges in Karnataka will be provided with 12,500 debonded desktop computers as part of the Help Educate.

Retail Insight Network spoke with Cognizant head of products and resources Rohit Gupta to find out how the demise of these large retail empires will affect the rest of the retail industry and what lessons can be learned.

Professional services company Cognizant announced today a series of new corporate social responsibility initiatives, including a commitment of $250 million towards efforts to advance economic mobility, educational opportunity, diversity and inclusion, and health and well-being in communities around the world.

Beginning in 2021, Cognizant said that it would expand grant-making in the US and India to new global markets where the company is growing its operations, including Australia, Canada, Germany, and the UK.

As a retention strategy, Cognizant has enhanced its leave policy by increasing the number of annual paid leaves and the company will provide an option for employees to work from home or office, or choose a combination of the two, subject to client approvals and security clearances.

By continually assuring the currency, accuracy, and relevancy of business-critical data and analytics models, organisations can better anticipate and solve whatever market and environmental challenges they may encounter. However, perishable data and analytics models make it much harder to predict and respond to unexpected events.

Negative news about the new post-Brexit challenges for the UK’s financial services currently dominates headlines. The market structure is still far from settled ahead of upcoming talks between the UK and the EU on equivalence.

Cognizant has stepped up its hiring efforts for both freshers and lateral hires in the country and expect the number of new recruits in the March quarter to be “more than ever,” Cognizant India Chairman and managing Director Rajesh Nambiar said.