The Aston Martin Formula One team announced a new title sponsorship with U.S.-based IT services giant Cognizant on Thursday that they said will help them punch higher and harder this season.
From how firms manage worker relationships, to how they build and communicate their services, COVID-19 has changed everything.
Two industries that endured a positive 2020 and could be set for a lucrative 2021 are AI (artificial intelligence) and cybersecurity.
A new XPRIZE challenges simulators to go from forecasting case numbers to recommending policy
Following a year of unforeseeable upheaval for the media and entertainment industry, 2021 is likely to see further changes in consumer behaviour and content creation. Here, David Ingham, Client Partner, Media and Entertainment at Cognizant, picks five key changes he expects to see across the entertainment industry in 2021.
2021 will be the year when ESG regulations start to take effect, with the Sustainable Finance Disclosure Regulation (SFDR) commencing in the EU, requiring asset managers to categorise and disclose on their funds according to climate and wider environmental criteria.
The rollout of 5G is gathering momentum, with almost one third of the UK now able to access the new network. Telecommunications companies are at a crossroads in terms of where to go next, with various considerations and options for their digital journeys ahead.
Earlier this year, digital solutions firm Cognizant revealed 21 HR roles that are expected to emerge over the next decade. Caroline Leroy outlines the ones employers are most likely to begin recruiting for in 2021.
Increasingly, smart devices are making their way into our homes. These may be fridges, thermometers, cameras or speakers. As a result, a staggering 7.0 billion IoT devices are expected to be in the world by the end of 2020.
Daniel Carpenter of Meritsoft (a Cognizant company), looks at the operational challenges facing financial institutions, as Spain approves a bill introducing a financial transactions tax and other countries consider similar measures
As digital transformations happened and the bottom of the pyramid workforce reduced, the number of people managing this workforce has reduced over the years. IF you are a middle manager in an industry that is radically changing the way it delivers products or services, you have a reason to worry.
Newly appointed India managing director Rajesh Nambiar outlines the company’s plans for 2021.
Nambiar, who completes a month with the Nasdaq-listed firm on Wednesday, has his task cut out to build the India business and help Cognizant return to bellwether status.
Rajesh Nambiar took charge at the corner office at Cognizant India a month ago from software firm Ciena India. An old IBM executive, he talks of his mandate and the road ahead for Cognizant.
Rohit Gupta, Head of Products and Resources, Europe, Cognizant, reveals how 5G holds the key to cutting congestion on connected roads.
Consumers have flocked to online grocery shopping during the pandemic but say they miss the impulse buys that are a staple of the physical store experience.
With the retail industry up in the air as a result of the turmoil caused by COVID-19, confusion surrounding the future of the high street remains. Rohit Gupta, Cognizant’s Head of Product and Resources, suggests there is light at the end of the tunnel and retailers must utilise technology to rebuild the high street.
Organizations need to consider the challenges and opportunities as they ready themselves for the shift to voice technology in customer engagement.
Voice technology was already on the rise in India before the pandemic. But the virus ― and the subsequent need for both human-injected and contactless experiences ― served to increase both its pace and popularity.
The pandemic has put the pedal to the metal when it comes to digital adoption and innovations in customer experience (CX). Four senior leaders consider what emerging CX trends will be more relevant than ever in 2021. From voice technology to agile measurement strategies – what’s next for CX?
Black Friday is an immovable event – occurring at the same time of year, every year. With each iteration, we see more customer demand as more shoppers clock onto the best deals they can get in time for Christmas. And usually, we see more people flocking to the high street to get them.
Our working lives have long been open to disruption from tech and other external forces, but the arrival of COVID-19 has shifted the world of work at a rate of change that few could have predicted – and has raised urgent questions about how employment will adapt.
It’s been almost one year since the Covid-19 pandemic started. Data scientists worldwide have been analyzing data gathered during the pandemic to inform policies.
Brain Humphries, the CEO of IT services giant Cognizant, has promised to implement diversity goals from 2021. Under the initiative, more women will be given leadership roles and the inclusion of people of different ethnicities will be given priority, he added.
The disruption of the UK’s traditional grocery and supermarket scene by online providers looks to be accelerating, with Amazon now offering free grocery delivery to millions of customers in a massive expansion of the company's fresh food service.
A new challenge from XPRIZRE seeks evidence-based models using artificial intelligence to help governments reopen their economies during the pandemic. The accelerated crowdsourced competition has a total prize purse of $500,000, with the first deadline for team registration set for 8 December 2020.
The XPRIZE Pandemic Response Challenge seeks ways to safely reopen societies amidst a pandemic.
XPRIZE, an organization that creates competitions to solve humanitarian challenges, launched the Pandemic Response Challenge on Tuesday in partnership with Cognizant.
“Hotels use legacy systems for their back-office operations and it often limits the efficiencies they can achieve,” says Cognizant’s Vice President of Travel and Hospitality Joseph Rajadurai.
Cognizant’s recent ‘From Eyes to Ears: Getting Your Brand Heard in the New Age of Voice’ report says that brands not paying attention to voice could already be losing out on millions yearly. And while the vast majority of companies agree that voice will become essential to their success, only 20 percent have a formal voice strategy in place.
Technology has become central to keeping people connected during extended periods of forced social isolation. Whenever people get back to their routines in the physical world, it will merely be an effort to catch up, not be free from the virtual world.
There's a new way to borrow at the checkout counter, and it's finding favour with shoppers on a tight budget. Termed "buy now, pay later" (BNPL), these interest-free, short-term payment plans have captured a sizeable audience in credit-starved, cash-strapped millennials and Gen Zs.
COVID-19 has upended life as we know it. The potential effect of this viral disease on mortality and public health, as well as the lasting socioeconomic repercussions of the crisis, is still unfathomable.
When we look back at the Covid-19 pandemic, one of the unsung victims of the devastating virus is the touchscreen. While the virus made us wary of unhygienic surfaces, the lockdown and social isolation revived our interest in interacting with a human-sounding voice, catalysing the large-scale shift towards the voice interface.
For some years now, drone technology has been billed as the next big thing. For many, the associations that spring to mind when thinking about the technology are their uses in military defense, surveillance, awe-inspiring landscape photography, and wedding videos.
Businesses are bullish on the future of voice technology like Amazon, Apple and Google's digital assistants, with consumers relying on the contactless tools more than ever during the pandemic, according to a study by professional services company Cognizant. Exclusive local data shared with Which-50 from Cognizant’s Centre for the Future of Work shows Australian brands lead the region in voice strategy but still face privacy and skills challenges.
Nasdaq-listed Cognizant Technology Solutions Corp. is strengthening its leadership team with a mix of internal promotions and external hires in a bid to return to growth.
"We are pleased that we are entering Q4 executing increased promotions, and we are accruing bonuses at substantially higher levels than last year," said CEO Brian Humphries.
Brian Humphries took over as the CEO of Cognizant in April 2019 and announced a ‘fit for growth’ program, which involved cost-cutting initiatives and exiting non-core areas. He tells TOI that Cognizant is on its course to become industry bellwether again.
Cognizant Technology Solutions Corp. on Thursday posted a 30% year-on-year decline in net profit to $348 million for the quarter ended September on high acquisition-related costs and a one-time tax of about $140 million.
IT major Cognizant reported about 30 per cent drop in September quarter net income at USD 348 million (around Rs 2,578.3 crore), but said it is witnessing strong momentum in its digital business and bookings.
In the current reality, taking a step back and looking at the big picture can be daunting. The way we work has fundamentally changed and digital transformation efforts have been supercharged out of necessity.
Turns out COVID hasn’t just changed the way we work—it’s also thrown a wrench into the machinations of our future robot overlords.
Awareness! That’s what today’s data-driven organizations want. Whether for opportunities or threats, just knowing what’s happening can make all the difference, especially when the latency is near zero.
The first phase of the Paycheck Protection Program (PPP) has wrapped up and the numbers are impressive: more than 5 million loans totaling $525 billion from nearly 5,500 lenders. Any bank that participated will attest that the data processing headaches were just as notable.
From preventative maintenance on white goods to smart mirrors in clothes stores, the IoT is ready to change customer relationships.
This spending is fuelled by high expectations since they aim to drive six per cent of their revenue through voice during this period, it added.
Many of the digital jobs of the future have suffered during the later stages of the pandemic, while in-person health care jobs are on the rise.
Indian companies plan to spend 2.6 per cent of revenues on building voice capability to drive stronger growth in the next five years. They have high expectations for returns as they are aiming to drive 6 per cent of their revenue through voice during the same period.
Indian companies plan to spend 2.6% of their revenues on building voice capabilities in the next five years, a Cognizant survey revealed on Tuesday. This investment strategy is fueled by high expectations for returns, as they are aiming to drive 6% of their revenue through voice during the same period.