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Cognizant and Cengage Group Extend Transformation Collaboration
Prnewswire· 2024-06-26 12:00
Cognizant will provide end-to-end technology services to support Cengage Group's digital transformation journey leveraging cutting-edge technology and solutions.  TEANECK, N.J., June 26, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced the expansion of its relationship with Cengage Group, a global edtech company that supports millions of students each year, from middle school through graduate school and skills education, with quality content and technology. Under this seven-year agreement, Cogn ...
Cognizant: Expecting Positive Revenue Surprises (Rating Upgrade)
Seeking Alpha· 2024-06-25 12:04
JHVEPhoto Elevator Pitch I rate Cognizant Technology Solutions Corporation (NASDAQ:CTSH) stock as a Buy. My earlier January 20, 2024 initiation article highlighted Cognizant's 2023 share price outperformance and the company's financial outlook for the current year. The focus of the latest write-up is CTSH's revenue growth prospects for the short term and intermediate-to-long term. I have decided to upgrade my rating for Cognizant from a Hold to a Buy. In the near term, Cognizant could possibly deliver a ...
Cognizant (CTSH) Expands Clientele With Gentherm Partnership
ZACKS· 2024-06-18 15:26
Cognizant Technology Solutions (CTSH) is benefiting from an expanding clientele and strong partner base. It recently collaborated with Gentherm (THRM) to provide crucial engineering services from its base in Hyderabad, India.CTSH will also enhance Gentherm’s capabilities in systems engineering, validation and model-based development.Cognizant established a specialized test facility to support research and development efforts for Gentherm’s thermal management and patient temperature systems.This collaboratio ...
Cognizant and Gentherm Sign Agreement for Strategic Product Engineering Services and Development of a New Delivery Center
Prnewswire· 2024-06-17 12:00
Agreement expected to help develop next generation of innovative products, elevate customer vehicle experiences, and improve everyday life TEANECK, N.J., June 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced an agreement to provide engineering services to Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Cognizant is providing system ...
Cognizant (CTSH) Streamlines Healthcare With AI-Powered LLMs
ZACKS· 2024-06-14 16:45
Cognizant Technology Solutions (CTSH) is gaining momentum into the life science and healthcare domain with its recent partnership with Alphabet’s (GOOGL) cloud business, Google Cloud.As part of the expanded collaboration, Cognizant has introduced a suite of healthcare large language model (LLM) solutions leveraging Alphabet’s cloud business, Google Cloud’s generative AI technology, including the Vertex AI platform and Gemini models. The solutions are aimed to streamline complex administrative processes and ...
Cognizant Launches First Set Of Healthcare Large Language Model Solutions As Part Of Generative AI Partnership With Google Cloud
Prnewswire· 2024-06-13 12:00
Generative AI solutions address high-touch areas throughout the healthcare value chain to drive unified experiences and improve business outcomes for healthcare organizations.TEANECK, N.J., June 13, 2024  /PRNewswire/ -- As part of an expanded partnership announced last August, Cognizant (NASDAQ: CTSH) has launched the first set of healthcare large language model (LLM) solutions on Google Cloud's generative AI (genAI) technology, including the company's Vertex AI platform and Gemini models, aimed at redesig ...
Cognizant (CTSH) Boosts ER&D Capabilities With Belcan Buyout
ZACKS· 2024-06-11 16:05
Cognizant Technology Solutions (CTSH) is expanding its footprint in the Aerospace and Defense Market by signing a definitive agreement to acquire Belcan, a leading global supplier of digital engineering services.The acquisition, valued at approximately $1.3 billion in cash and stock, will enhance Cognizant’s capabilities in mission-critical Engineering Research & Development (ER&D) services across key sectors, including aerospace, defense, space, marine, and industrial.With Belcan’s deep domain expertise, b ...
COGNIZANT TO ACQUIRE BELCAN FOR APPROXIMATELY $1.3 BILLION TO SIGNIFICANTLY STRENGTHEN ENGINEERING CAPABILITIES AND ESTABLISH A LEADERSHIP POSITION IN AEROSPACE & DEFENSE MARKET
Prnewswire· 2024-06-10 11:00
Significantly expands access to the ~$190 billion rapidly growing, specialized Engineering Research & Development services market Immediately accelerates growth opportunity through presence in attractive aerospace & defense sector with established blue-chip clientsExpected to deliver >$100 million in annual revenue synergies within three years and to be accretive to 2026 EPS Cognizant to host investor conference call to discuss transaction on June 10, 2024 at 8:30 a.m. Eastern TEANECK, N.J., June 10, 2024 / ...
Driving Experience Reliability in Workplace IT: Cognizant WorkNEXT Workplace Intelligence Powered by Nexthink
Prnewswire· 2024-06-06 13:00
Cognizant WorkNEXT™ with Nexthink Dex Ops technology aims to bring intelligence and insights to enterprise IT support and transform digital workplace experience TEANECK, N.J., June 6, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) is teaming up with Nexthink to transform enterprise digital experience operations with Cognizant's WorkNEXT™ platform. Under the agreement, Cognizant will apply its deep expertise in digital workplace services and its portfolio of tools with Nexthink's flagship product, Nexthink I ...
Cognizant to Present at Upcoming Conferences
prnewswire.com· 2024-05-17 12:30
TEANECK, N.J., May 17, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced its participation in the following investor conferences:J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferencePresenter: Ravi Kumar S, Chief Executive OfficerDate: Tuesday, May 21, 2024Time: 11:30AM ESTTD Cowen 52nd Annual Technology, Media & Telecom ConferencePresenter: Jatin Dalal, Chief Financial OfficerDate: ...