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Cognizant Hosts Investor Day to Discuss Long-Term Growth Strategy for the Next Wave of AI-Driven Technology Transformation
Prnewswire· 2025-03-25 12:00
Core Insights - Cognizant is hosting an Investor Day to discuss its strategic priorities and long-term growth strategy, featuring insights from clients and demonstrations of AI-enabled platforms [1] - CEO Ravi Kumar S. emphasized Cognizant's readiness to lead in AI-driven technology transformation, highlighting significant progress in growth, employee satisfaction, and operational simplification [2] - The Board approved a $2 billion increase to the share repurchase authorization, raising the expected total for 2025 to $1.1 billion, an increase of $500 million from previous expectations [3][6] Strategic Focus - The company aims to amplify talent through upskilling initiatives and expanding learning infrastructure [7] - Cognizant plans to scale innovation by developing platforms and solutions tailored for the AI era [7] - The strategy includes accelerating growth by focusing on AI and generative AI, expanding in priority industries and geographies, and enhancing capabilities in high-growth areas [7] Market Opportunities - Cognizant identifies significant market opportunities across three vectors of AI transformation: enabling hyper-productivity, industrializing AI, and agentifying the enterprise [7] - The company is making investments in technology, domain expertise, partnerships, talent, and operational modernization to position itself for long-term growth [7] Financial Strategy - Cognizant reiterates its long-term capital allocation framework, which includes the flexibility to pursue strategic acquisitions [3] - The company believes that improved revenue performance, margin enhancements, and a balanced capital allocation framework will drive shareholder value [7]
Cognizant to Host Investor Day on March 25, 2025
Prnewswire· 2025-03-04 13:00
Core Insights - Cognizant will host an Investor Day on March 25, 2025, at 1:00 p.m. ET [1] - The event will feature presentations from CEO Ravi Kumar S and CFO Jatin Dalal, focusing on the company's strategic priorities and AI-driven technology transformation [2] Company Overview - Cognizant specializes in modernizing technology, reimagining processes, and transforming experiences for clients [3] - The company aims to help clients stay ahead in a rapidly changing environment [3]