Cognizant will provide managed infrastructure services and seek to modernize Cermaq's cloud landscape as a digital transformation partner in Norway and Canada TEANECK, N.J., March 20, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) has today announced its renewed collaboration with Cermaq Group AS, a leading global salmon producer driving the transition of systems towards healthier and more climate-friendly foods. The renewal comes after an existing ten-year relationship between the two companies which has e ...

Cognizant (CTSH) is strengthening its footprint in the life sciences and healthcare domain, driven by an expanding partner base. It is teaming up with industry giants like NVIDIA (NVDA) and Microsoft (MSFT) to harness the power of generative AI (gen AI) technology in transforming the landscape of drug discovery and healthcare administration, respectively.Cognizant, in partnership with NVIDIA, is poised to redefine the paradigm of drug discovery through the application of gen AI technology. By integrating NV ...

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 of drug discovery in the life sciences industry, such as improving productivity in the development process and increasing the s ...

Cognizant Technology Solutions (CTSH) entered into a recent partnership with Microsoft (MSFT) within the healthcare sector, aimed at transforming healthcare administration.The partnership focuses on integrating generative AI into the TriZetto Assistant on Facets, a crucial component of Cognizant's TriZetto software platform powered by Microsoft Azure.The initiative aims to elevate productivity and efficiency for healthcare payers and providers, with a primary focus on ensuring timely responses and enhancing ...

It has been about a month since the last earnings report for Cognizant (CTSH) . Shares have lost about 1.7% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Cognizant due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Cognizant Q4 Earnings Beat Estimates, Revenues D ...

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 most executives (85 percent) plan to increase spending on AI and gen AI in 2024. Longer term, Cognizant and Oxford Economics' recent study found gen AI could inject up to $1 trillion ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-24429 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 13-3728359 (State or O ...

Cognizant Technology Solutions (CTSH) reported fourth-quarter 2023 non-GAAP earnings of $1.18 per share, which beat the Zacks Consensus Estimate by 13.46% and increased 16.8% year over year.Revenues of $4.76 billion lagged the consensus mark by 0.08%. The top line decreased 1.7% year over year and 2.4% at constant currency (cc). Acquisitions contributed 90 basis points (bps) to top-line growth.Cognizant’s fourth-quarter results suffered from a challenging macroeconomic environment, cautious clients and limi ...

For the quarter ended December 2023, Cognizant (CTSH) reported revenue of $4.76 billion, down 1.7% over the same period last year. EPS came in at $1.18, compared to $1.01 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.76 billion, representing a surprise of -0.08%. The company delivered an EPS surprise of +13.46%, with the consensus EPS estimate being $1.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Cognizant (CTSH) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.46%. A quarter ago, it was expected that this information technology consulting and outsourcing firm would post earnings of $1.08 per share when it actually produced earnings of $1.16, delivering a surprise of 7.41%.O ...