Cognizant #Q2FY24 financial results are here. We continued to drive growth and build momentum in client wins and AI projects while strengthening our position with clients. Check out highlights from the second quarter ⬇️
About us
Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.
- Website
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https://www.cognizant.com
External link for Cognizant
- Industry
- IT Services and IT Consulting
- Company size
- 10,001+ employees
- Headquarters
- Teaneck, New Jersey
- Type
- Public Company
- Specialties
- Interactive, Intelligent Process Automation, Digital Engineering, Industry & Platform Solutions, Internet of Things, Artificial Intelligence, Cloud, Data , Healthcare, Banking, Finance , Fintech, Manufacturing, Retail, Technology , and Salesforce
Locations
Employees at Cognizant
Updates
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Cognizant reports #Q2FY24 financial results. For full details, read our press release: https://cogniz.at/4ftoKMc ➡️ Revenue $4.9B, up 1.9% QoQ ➡️ Closed 5 large deals >$100M TCV ➡️ OM 14.6%, up from 11.8% in Q2FY23 ➡️ Trailing 12-month bookings of $26.2 billion; book-to-bill of 1.4x
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70% of business executives surveyed believe their organization is not moving fast enough to keep pace with industry peers. What factors are slowing gen AI momentum down? https://cogniz.at/3WIbbAX
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Introducing Cognizant Moment™, the next evolution of experience. We are a group of design thinkers, ideators, makers, problem solvers and technologists helping clients leverage the power of gen AI to reengineer customer experience and drive growth. Together, we shape tomorrow, one moment at a time. Learn more: www.cognizant.com/moment
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Hays is on a mission to transform and evolve into a globally integrated business, with IT and data as a pivotal driving force. As the global technology partner, “We aim to develop a strategic and global perspective to manage key business risks effectively. Enhancing technology capabilities and governance will make Hays more agile toward business needs and foster innovation,” said Rohit Gupta, Managing Director UK & Ireland, Cognizant. Read the release: https://lnkd.in/eZBmF8r2
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Unitywater announces a 5-year relationship with Cognizant to enhance operational efficiency and productivity in alignment with its strategic ambition of healthy and thriving communities. https://cogniz.at/4djX6iJ
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🔓High energy and fresh perspectives This summer, we shared our values, culture and a real-world project experience with our talented interns. Whether it was supporting IoT, healthcare, corporate communications or more, they each brought valuable perspectives, new ideas and a shared drive for innovation. On this #NationalInternDay, we extend our gratitude to these future industry leaders—as well as our amazing mentors who’ve supported their development!
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Cognizant has been recognized by Kohler Co. as a key strategic partner for helping to quickly establish its standalone energy business, Kohler Energy, as an independent entity within an exceptionally narrow timeline. Kohler chose to collaborate with Cognizant – already an established strategic partner – in part because of our proven track record of efficiency. Together, we were able to successfully implement a separation of systems, ensuring a seamless transition in only six months. Read more about our partnership: https://cogniz.at/4cMHx38
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Cognizant and Whitbread expand their digital transformation relationship. This collaboration will support end-to-end product design, product management and engineering as Whitbread expands its operations in the UK and Germany. Read more: https://lnkd.in/eaX3EFiw
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Cognizant is thrilled to announce we have extended our partnership with Victory Capital. As a long-trusted partner, we aim to deliver reliable, scalable, and secure IT solutions by providing several key capabilities – including improved service productivity and the ability to scale up and prepare for future needs – that will further expand Victory Capital Management's opportunities for growth and innovation. Learn more about the five-year agreement: https://cogniz.at/4cGHx4L
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