Cognizant says AI will finally pay off
Cognizant, a major name in IT services, thinks AI will finally start paying off for businesses—not just eat up budgets.
CEO Ravi Kumar says it's time to close the "AI velocity gap," where companies invest a lot in AI but don't always see results.
AI could unlock $4.5 trillion in US labor value
The company says the activity reflects clients racing to use more AI.
Cognizant's research says AI could unlock $4.5 trillion in US labor value.
Cognizant's 3 new teams to speed up AI adoption
Cognizant is helping clients ditch outdated tech and build smarter software using AI platforms.
They've set up three special teams: one finds customer value with AI, another blends new solutions with partners and platforms, and a third turns their own tech into repeatable tools.
Agentic capital: the next big thing in digital work
They're also working on "agentic capital"—basically smart AI systems that can handle digital work way beyond old-school software.
The goal: make sure all this investment in AI actually delivers real results for clients.