Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Industry News

| More

Cognizant Named an AI Consultancy Leader in Asia Pacific by Independent Research Firm

Posted On: 2019-11-20 17:19:16

Cognizant (Nasdaq: CTSH) is recognized as an Artificial Intelligence (AI) Consultancies leader in the Asia Pacific (AP) region by Forrester Research, a leading global research and advisory firm. The Forrester Wave™: AI Consultancies In Asia Pacific, Q3 2019 report reviews the capabilities of 10 service providers on 24 criteria covering their current offering, strategy, and market presence.

Cognizant received the highest rating possible in the data, data science and analytics, partner ecosystem, past performance, and deal size criteria. The report also noted that:

- Cognizant sees every client as being on a data modernization and applied AI journey.

- Cognizant focuses on transforming business processes and customer experience (CX) across the domains of operations intelligence (e.g., workforce, call center, IT, procurement, and supply chain), customer intelligence (e.g., CX, promotional spending, customer lifetime value, and interactions), product intelligence, risk and fraud, and data modernization.

- Cognizant's approach to delivering value to its clients rests on three pillars: optimizing data and business intelligence assets; modernizing the data and analytics ecosystem; and leveraging AI and automation…Cognizant also uses an extensive AI governance and ethics framework and its Learning Evolutionary AI Framework, gained via acquisition.

- Cognizant provided solid case studies of pharmaceutical, healthcare, and financial services clients from across AP. Reference clients liked its strong technical and business expertise, the high quality of work it delivers, and good cost-to-value ratio.

- Cognizant is a good fit for clients, particularly in pharma and healthcare, that are tackling significant data challenges on their AI journey and looking to get strategy, implementation, and organizational transformation from a single provider.

"Consultancies with distinct strengths in data science and analytics, data engineering, and business domain expertise position themselves to successfully deliver positive AI business impact to their customers," wrote Achim Granzen of Forrester in the report. "While many vendors have developed strong local practices or deep business expertise in selected domains and industries, very few provide consistent breadth and depth across all sub-regions, industries, and domains in AP...Organizations embarking upon their AI journey or expanding their use of AI should look for AI consultancies that excel in data science, analytics, and data engineering…marry business expertise and AI technology chops...[and] have a strong regional and local presence."

"As AI begins to dictate both the future and future-readiness of businesses in Asia Pacific, they are looking for a partner that can deliver end-to-end intelligence to solve complex business problems, facilitate decision-making, improve business processes, enhance user engagement, reduce costs, and drive growth and profitability," said Jayajyoti Sengupta, Head of Asia-Pacific and Japan, Cognizant.

He added, "Wherever these businesses are on their AI journey - ideas, iteration, piloting, data migration, or system implementation and expansion - and whatever their goals are - enhancing applications, workflows or processes, stitching together experiences, or exploring new channels of revenue and service, Cognizant is delivering thoughtful and human-centered ways to accelerate not just time-to-market, but also time-to-value and time-to-answers. We believe being named a leader in AI Consultancy in AP by Forrester is a testament to our capabilities and commitment to helping businesses augment what they and their employees, customers and partners can accomplish with intelligent machines."

Cognizant's applied AI approach revolves around augmenting and enhancing, rather than automating and replacing, human experiences. The "intelligence" in Cognizant AI solutions is designed to perceive and behave in familiar ways, while the "artificial" provides scale and repeatability not otherwise possible. For example, a utility client uses a Cognizant-developed artificial intelligence solution to automatically scan drone-taken images of its power distribution network to dramatically reduce the cost of identifying equipment problems and repairs, while also preemptively alerting maintenance teams.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Windrose Capital leads the $600K investment round in Nivesh.com

CarDekho closes $70 million round from leading investors in China and Europe

Bosch Power Tools inaugurates Bosch Service Center in Mumbai, India

CarDekho Group forays into Philippines, acquires Carmudi

Dun and Bradstreet launches first-of-its-kind cloud database repository on Indian businesses

GoAir attracts global delegates at Global Exhibition on Services 2019

Sluggish demand tempered cement prices; demand growth likely around 4% in FY2020: ICRA

ICAI signs MoU with Kuwait Accountants and Auditors Association (KAAA)

PAYBACK India Strengthens Travel Portfolio by Partnership with Online Travel giant Cleartrip

FlexiLoans.com emerges among the top 100 global FinTech innovators' list by KPMG and H2 Ventures

Over half the delayed housing projects in India's 9 residential markets are in MMR: PropTiger report

SIDBI plans to set up Swavalamban Connect Kendras to promote the spirit of entrepreneurship

Virgin Atlantic relaunches daily direct flights from Mumbai to London

MX Player raises $110 million from Tencent and Times Internet

OPPO to Launch Qualcomm-Powered Dual-Mode 5G Smartphone by End of 2019

Indians Accumulating Gold The Smart Way This Dhanteras With ETMONEY GoldDeposit

Mr. Ratan N Tata felicitated with the Chiratae Ventures Patrick J. McGovern Lifetime Achievement Award 2019

SIDBI acknowledges outstanding performers in the Micro and Small Enterprises sector with SIDBI India MSE Awards

Saraswat Co-operative Bank launches 'Saraswat Bank 100+ Smart Savings Account App'

Afghanistan Trade Event Drives Over $55 million in New Business

InstantPay granted Corporate Agency license by IRDA

ICAI and ICAEW renew qualification reciprocity agreement

Implementation of Uniform Banking Hours in all Public Sector Banks (PSBs) on PAN India

No more 'Single Use Plastic', says Usha International

Chennai Machine Tool Expo 2019 Brings Technologies to the Doorsteps of Tamil Nadu

Affordable homes account for over 48% unsold units in MMR: PropTiger report

PaisaWapas announces special cashback for Amazon and Flipkart festive sale

Mitsubishi Electric India pledges for a greener tomorrow in Nagpur

Cognizant Named an AI Consultancy Leader by Independent Research Firm

Tata AIA Life Insurance goes from protecting people's future to protecting the environment too

New Cognizant AI Insurance Claims Platform Enhances Processing, Accuracy and Customer Service Following Natural Disasters

Chennai Machine Tool Expo 2019 to Set the Ball Rolling for Manufacturing Excellence

Truecaller appoints Hitesh Raj Bhagat as Director of Corporate Communications India

Universal Sompo General Insurance Company Ltd launches USGI ALLy mobile application

Cinépolis lets you #XperienceTheFuture with its latest campaign

Logitech partners with LXG to strengthen the esports ecosystem in India

PAYBACK joins hands with Cricketer, Yuvraj Singh to launch its new campaign 'PAYBACK Chalao'

Indian tourism evolving as a catalyst of growth and employment generation

House of Hiranandani celebrates the Heroes of Hiranandani this Engineer's day

Flora Haixia Zhao joins Sterlite Power as an Independent Director

OPPO's 20x Zoom powerhouse, Reno2, to go on sale across India

World's Biggest Food Exhibition - SIAL Kicks off Today in Delhi

JSW Cement launches Durga Puja campaigns with a social focus

Globus Infocom Launches Indoor LED Display Wall at InfoComm India 2019 Expo

Cash Suvidha plans to raise $5-10mn equity funds

EaseMyTrip Brings 'Welcome Festive Sale' Campaign

Logitech Announces Launch of Logitech® Pebble Wireless Mouse M350

JRK Group launches Mobile Application for easy investment in shares and mutual funds

'Cordless Matlab Bosch' - Introducing Experiential Mobile Vans to Unveil the Power of Cordless

Duroflex introduces India's only certified orthopaedic mattress range







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019