In 2025, the Lab has yielded two new U.S. Granted Patents, open-sourced a key AI development platform, and earned a Gold Award from GECCO TEANECK, N.J., July 24, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that its AI Lab has been granted two new U.S. patents and a gold award for a research paper on "Realizing Human Expertise through AI" presented this month at GECCO (Genetic and Evolutionary Computation Conference) in Malaga, Spain. Cognizant’s AI Lab displays 59 patents, with space f ...

The cyberattack that followed crippled Clorox's corporate network, disrupted its supply chain, and significantly impaired its ability to fulfill orders. Clorox Company CLX has accused IT services provider Cognizant Technology Solutions Corp CTSH of gross negligence and breach of trust after a cyberattack caused widespread disruption and nearly $380 million in damages. According to Clorox, the root cause of the attack was Cognizant's failure to follow basic cybersecurity protocols it had agreed to uphold und ...

Core Viewpoint - Clorox has filed a lawsuit against Cognizant, alleging negligence in handling a cyberattack that resulted in significant financial damages due to a breach by the hacking group Scattered Spider in August 2023 [1][2][4]. Group 1: Cyberattack Details - The cyberattack was executed by Scattered Spider, which is known for tricking IT help desks into providing access credentials [1][6]. - Clorox claims that the hacker gained access by simply requesting passwords from Cognizant's support staff without any sophisticated techniques [2][3]. - The lawsuit includes transcripts of conversations where Cognizant staff reset passwords without verifying the hacker's identity [4]. Group 2: Financial Impact - The total damages from the cyberattack are estimated at $380 million, with approximately $50 million attributed to remedial costs and the remainder due to Clorox's inability to ship products to retailers [4]. - Clorox's operational recovery was further complicated by Cognizant's failures, such as not deactivating certain accounts and improperly restoring data [5].

The SEC moved to dismiss a long-running bribery case against two former executives of Cognizant, the latest sign of the Trump administration’s shift away from enforcing the Foreign Corrupt Practices Act https://t.co/IZh0OMuTGE ...

Core Insights - Cognizant has announced a collaboration with SmartestEnergy to enhance employee support services and operational efficiency through a seamless omni-channel experience [1][5] Group 1: Collaboration Details - The collaboration will transform SmartestEnergy's first and second-line IT support functions, aiming to improve employee experience and service responsiveness [2] - Cognizant's omni-channel approach will increase chat channel adoption, streamline service request processes, and reduce support backlogs [3] - The initiative includes zero-touch device provisioning and management capabilities to boost employee productivity and allow support staff to focus on complex issues [3] Group 2: Strategic Goals - Cognizant will conduct a comprehensive study of SmartestEnergy's business and technology footprint to explore the implementation of Gen AI solutions for better decision-making [4] - SmartestEnergy is celebrating its 25th anniversary in the UK and is planning global expansion, necessitating a strategic partnership for effective internal customer request management [5] Group 3: Company Profiles - SmartestEnergy is focused on empowering customers and partners to achieve net zero, offering flexible and innovative retail and trading solutions [6] - Cognizant specializes in modernizing technology and transforming business processes to help clients stay competitive in a fast-changing environment [7]

Core Insights - Cognizant and Kramp are collaborating to establish a cost-effective and agile IT platform aimed at enhancing operational efficiency, improving customer experience, and driving business growth [1][4] - Kramp is transitioning from a legacy system to a modern, data-driven ERP solution to facilitate market expansion and significant business growth [2][3] Company Overview - Cognizant is a leading technology company that helps clients modernize technology, reimagine processes, and transform experiences to stay competitive in a fast-changing environment [5] - Kramp is Europe's leading technical wholesaler of spare parts and accessories for the agriculture, forest & landscaping, and construction industries, operating in over 20 European countries with more than 3,500 employees [6] Project Objectives - The new ERP system will integrate commerce, supply chain management, warehousing, and finance, aiming to create a unified IT platform that enhances operational efficiency and minimizes customer demand response time [3] - The collaboration is seen as a long-term partnership focused on simplifying and standardizing processes to create incremental business value for Kramp [3][4] Strategic Importance - The initiative is expected to transform Kramp into an agile organization capable of effectively addressing customer needs and adapting to rapidly evolving market demands [4] - Cognizant emphasizes the importance of understanding foundational elements for long-term success and addressing challenges in becoming future-ready [4]

Core Insights - Only 15% of consumer goods companies successfully scale AI, referred to as the "15% Club," which achieves significant ROI through governance, agile funding, and business-driven AI initiatives across various functions [1][2][3] Group 1: AI Adoption and Impact - The report highlights that the "15% Club" firms are moving beyond AI experimentation to enterprise-wide impact, demonstrating effective AI adoption strategies [2][4] - AI initiatives within the "15% Club" are making measurable impacts in marketing, supply chain, product innovation, and customer service [3][4] - The study emphasizes that organizations fail with AI not due to technology issues, but because they do not adapt their operations around it [3][4] Group 2: Key Characteristics of the 15% Club - Firms in the "15% Club" exhibit strong AI governance, C-suite sponsorship, and cross-functional alignment, often embedding AI into broader transformation programs [7] - 60% of AI spending occurs outside the central IT budget, driven by business units such as marketing, supply chain, and R&D [7] - These companies utilize dedicated AI budgets and agile investment models, including innovation funds and outcome-based funding milestones [7] Group 3: Areas of AI Application - In marketing, generative AI tools are enhancing content creation and personalization, with one firm producing marketing videos in 90 languages, reducing production time by 50% and increasing campaign reach by 25% [8] - AI is improving demand forecasting accuracy and inventory optimization in supply chain management [8] - In product innovation, generative AI is guiding new product development with speed and precision [8] - AI is also being applied in sales for trade promotion optimization and pricing strategy, as well as in customer service to enhance customer experiences [8] Group 4: Future Directions - Leaders are laying the groundwork for agentic AI, which involves autonomous systems capable of executing multi-step processes with minimal human oversight [6][7] - The organizations that succeed with AI are those treating it as a strategic capability rather than a side project [9]

Core Insights - Investing in stocks based on valuation metrics, particularly the price-to-sales (P/S) ratio, can identify opportunities with strong upside potential, especially for unprofitable or early-stage companies [2][3][4] Valuation Metrics - The P/S ratio compares a company's market capitalization to its revenues, providing a clearer picture of value when earnings are minimal or volatile [3][6] - A P/S ratio below 1 indicates that investors are paying less than $1 for each $1 of revenue, marking a potential bargain [7][11] - The P/S ratio is preferred over the price-to-earnings (P/E) ratio as sales are harder to manipulate than earnings, making it a more reliable metric [8][9] Screening Parameters - Companies with low P/S ratios and strong fundamentals are highlighted as potential investment opportunities [11] - Additional screening parameters include P/E ratio, price-to-book ratio, and debt-to-equity ratio, ensuring a comprehensive evaluation of a stock's value [12] Company Highlights - **Hamilton Insurance Group, Ltd. (HG)**: Specializes in insurance and reinsurance, benefiting from strong execution and a clear growth roadmap, with gross premiums written rising significantly [13][14] - **The Greenbrier Companies, Inc. (GBX)**: A leading supplier in freight transportation markets, with a strong product lineup and revenue visibility, currently holding a Value Score of A and Zacks Rank 1 [15][16] - **Signet Jewelers (SIG)**: A major retailer of diamond jewelry, demonstrating strength in key segments and improving operational efficiency through strategic restructuring [17][18] - **Cognizant Technology Solutions (CTSH)**: A professional services company experiencing robust organic growth, particularly in Health Sciences and Financial Services, bolstered by acquisitions and AI initiatives [19][20] - **PagSeguro Digital (PAGS)**: Offers a suite of financial solutions in Brazil, focusing on innovation and sustainable growth, currently holding a Value Score of A and Zacks Rank 2 [21][22]

TEANECK, N.J., July 9, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the second quarter of 2025 on Wednesday, July 30, 2025 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 c ...

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