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Cognizant to acquire Colorado workflow-solutions firm njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.
Cognizant Technology Solutions is infusing generative artificial intelligence (GenAI) into all its core offerings, chief executive Ravi Kumar S wrote in an internal note to its employees.
Cognizant has 351,500 employees, a majority of whom are in India.
Kumar cited the example of a GenAI-enabled conversational virtual assistant (VA) that Cognizant has introduced to help clients reimagine experiences beyond chatbots.
Operator: Greetings, and welcome to the Cognizant Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
Revenue was up 1.7% while the profit fell 20% on a sequential basis. The second quarter revenue was slightly above $4.83 billion-$4.88 billion guided range or a decline of 1.0% to flat in constant currency.