Global learning solutions provider renews collaboration with Cognizant to help optimize its back-office IT operations, enhance efficiencies, and support timely order management and product delivery

TEANECK, N.J., Nov. 14, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced today the continuation of its relationship with Savvas Learning Company with the aim to ensure that IT functions run seamlessly for the leading K-12 learning solutions provider, supporting its mission of delivering innovative, high-quality instructional materials to the millions of educators and students it serves.

Collaboration debuts solutions that aim to enable enterprises to manage complexity, modernize legacy applications and innovate with enterprise-scale AI.

TEANECK, N.J.  , Nov. 6, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and IBM announced the debut of a new FinOps1 Center of Excellence (CoE), built on IBM's leading FinOps software and Cognizant's cloud and developer platforms. The global innovation center harnesses the strengths of Cognizant's industry and technology expertise, combined with IBM solutions, to help global clients address challenges, including escalating costs, around AI readiness, cloud governance and architecture modernization.

Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency1, the high end of our guidance rangesOperating margin of 14.6%, sequentially flat and increased 60 basis points year-over-year; year-to-date operating margin of 14.6%, increased 110 basis points year-over-yearAdjusted Operating Margin1 of 15.3%, increased 10 basis points sequentially and decreased 20 basis points year-over-year; year-to-date Adjusted Operating Margin of 15.2%, increased 40 basis points year-over-yearTrailing 12-month bookings of $26.2 billion; book-to-bill of 1.3xStrong growth in Health Sciences, up 7.8% year-over-year or 7.6% in constant currency, and return to growth in Financial Services, up 0.7% year-over-year, or 0.5% in constant currencyFull-year 2024 revenue guidance narrowed to growth of 1.4% to 1.9% in constant currency, unchanged at the midpointFull-year 2024 Adjusted Operating Margin guidance of approximately 15.1%, flat year-over-year

Launched about one year ago, Cognizant created Synapse as a global program to equip individuals with the technology skills they need to be part of the workforce of the future.

TEANECK, N.J., Oct. 29, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced it has reached more than 275,000 people via its global skilling initiative, Synapse, which launched one year ago in October, 2023. This milestone shows Cognizant is more than a quarter of the way toward reaching the program's goal to advance technology job training for one million people worldwide by the end of 2026.

Utilizing Cognizant's top-tier managed services frameworks and tools, the partnership aims to enhance Alnylam's automation and reduce operational efforts

TEANECK, N.J., Oct. 29, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today a new agreement with Alnylam Pharmaceuticals, Inc., a leading biopharmaceutical company and the pioneer in RNA interference (RNAi) therapeutics. Cognizant will serve as an integral IT Managed Services provider for Alnylam. This collaboration aims to scale Alnylam's IT operations and accelerate its capabilities in delivering transformative medicines.

Cognizant and AWS to bring generative AI-powered offerings to market to transform manufacturing operations at scale, for enterprises in industrial, automotive, life sciences and consumer goods industries

TEANECK, N.J., Oct. 29, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced today that it has signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS), with plans to deliver advanced technology solutions and cloud computing services, focused on enhancing smart manufacturing capabilities for global enterprises across industries.

TEANECK, N.J., Oct. 24, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named number 10 on Newsweek's list of America's Most Reliable Companies. This prestigious recognition recognizes companies that deliver exceptional reliability for clients through dependable actions and decisions.

America's Most Reliable Companies 2025 is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. Companies were identified through an independent survey of more than 1,700 decision-makers who do business with B2B companies across the nation. The survey highlighted the following parameters: likelihood of recommendation, ease of doing business, value for money, consistency of deliverables, and reputation for dependability. The top 300 companies were awarded America's Most Reliable Companies.

Collaboration leverages NVIDIA AI and Cognizant's data analytics accelerators with the goal to optimize enterprise cloud costs, enhance performance and help clients modernize their infrastructure to be AI-ready.

TEANECK, N.J., Oct. 24, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) is enhancing its data modernization offering by leveraging the full stack NVIDIA accelerated computing platform, including NVIDIA RAPIDS, part of the NVIDIA AI Enterprise software platform, along with the Cognizant® Data and Intelligence Toolkit, to address the growing challenges enterprises face in controlling cloud computing costs.

Cognizant leveraged Duck Creek Technologies' cutting-edge policy administration system to modernize FCCI's operations and expand the insurance group's footprint into the Excess & Surplus market

TEANECK, N.J., Oct. 23, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today that, under strategic partnership as system integrator with FCCI Insurance Group (FCCI), they have supported the creation of FCCI's new Excess & Surplus (E&S) lines of business, which launched Oct. 1, 2024. This strategic collaboration leveraged Cognizant's expertise in the insurance sector and Duck Creek Policy with Active Delivery with the goal to modernize FCCI's operations and drive expansion into the E&S market. FCCI's transition to Duck Creek's platform will allow for active delivery and help the company drive operational efficiencies, automate manual processes, and enhance the speed to market for new products—designed to reduce expense ratios, improve core operational performance, and enhance scalability to handle higher volumes seamlessly.

Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journey

Dozens of businesses have already leveraged the platform to rapidly identify, build and pilot AI decisioning use cases that can deliver business value at scale

TEANECK, N.J., Oct. 16, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced significant enhancements to its Cognizant Neuro® AI platform, aimed at enabling enterprises to rapidly discover, prototype, and develop AI use cases that can improve decision-making, leading to better company performance and new revenue opportunities.

Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journey

Dozens of businesses have already leveraged the platform to rapidly identify, build and pilot AI decisioning use cases that can deliver business value at scale

TEANECK, N.J., Oct. 16, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced significant enhancements to its Cognizant Neuro® AI platform, aimed at enabling enterprises to rapidly discover, prototype, and develop AI use cases that can improve decision-making, leading to better company performance and new revenue opportunities.

Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journey

Dozens of businesses have already leveraged the platform to rapidly identify, build and pilot AI decisioning use cases that can deliver business value at scale

TEANECK, N.J., Oct. 16, 2024 /CNW/ -- Cognizant (NASDAQ:CTSH) today announced significant enhancements to its Cognizant Neuro® AI platform, aimed at enabling enterprises to rapidly discover, prototype, and develop AI use cases that can improve decision-making, leading to better company performance and new revenue opportunities.

Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journey

Dozens of businesses have already leveraged the platform to rapidly identify, build and pilot AI decisioning use cases that can deliver business value at scale

TEANECK, N.J., Oct. 16, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced significant enhancements to its Cognizant Neuro® AI platform, aimed at enabling enterprises to rapidly discover, prototype, and develop AI use cases that can improve decision-making, leading to better company performance and new revenue opportunities.

Comprehensive, AI-powered security platforms to fortify cybersecurity readiness for organizations in the financial services, healthcare and life sciences industries

TEANECK, N.J., Oct. 10, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and Palo Alto Networks are partnering to deliver AI-driven cybersecurity capabilities and services for enterprises across industries. The partnership combines Cognizant's longstanding track record of providing cybersecurity services with Palo Alto Networks industry-leading, AI-powered platforms to drive better security outcomes.

TEANECK, N.J., Oct. 9, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quarter of 2024 on Wednesday, October 30, 2024 after market close.

Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial 877-810-9510 and international callers can dial 201-493-6778 and provide the following conference passcode: Cognizant Call.

Two-decade commitment to building a better tomorrow by supporting the underrepresented and underserved communities of India

CHENNAI, India, Oct. 8, 2024  /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it is commemorating the upcoming 20th anniversary of Cognizant Foundation India. Since its inception, Cognizant Foundation India has partnered with over 300 non-profit organizations across the subcontinent and successfully implemented more than 600 projects, which have positively impacted millions of economically and socially disadvantaged people across India.  Cognizant Foundation India's initiatives are dedicated to making a meaningful impact for individuals and communities in India and working towards a brighter tomorrow by focusing on empowering people with disabilities, promoting holistic child development and fostering gender equality. These programs have evolved and expanded to meet societal needs and are often supported by Cognizant Outreach volunteers who provide their time, talent, and technology to make a difference. Recent Cognizant Foundation India efforts have centered around Health4All and Future4All - with projects dedicated to enabling access to quality health, inclusive learning in schools, digitally-enabled STEAM education, and technology-enabled skilling leading to gainful employment.

TEANECK, N.J., Sept. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named to Fortune's 2024 Change the World list, ranking number 7 among 52 companies across a variety of industries and categories. This recognition celebrates the innovation and societal impact of Cognizant's Synapse initiative to advance technology job training for 1 million people worldwide by 2026.

CHENNAI, India, Sept. 23, 2024 /PRNewswire/ -- Cognizant and Aston Martin Aramco Formula One® Team today celebrated the success of their innovative three-year partnership at a special event held at Cognizant's MEPZ campus in Chennai. Aston Martin Aramco driver and two-time Formula One® World Champion Fernando Alonso attended the event alongside Cognizant's leadership team and hundreds of associates.

mecwacare and Cognizant embark on multi-year relationship to drive innovation and enhance experiences for mecwacare's workforce, clients and their families.

SYDNEY and TEANECK, N.J., Sept. 18, 2024 /PRNewswire/ -- mecwacare, a Victorian aged care and community services provider, has announced a complete transformation. In collaboration with Cognizant (Nasdaq: CTSH), a global leader in technology and professional services, mecwacare aims to drive innovation, expanding its healthcare services and enhancing experiences for clients, their families, employees and the broader community.

mecwacare and Cognizant embark on multi-year relationship to drive innovation and enhance experiences for mecwacare's workforce, clients and their families.

SYDNEY and TEANECK, N.J., Sept. 19, 2024 /PRNewswire/ -- mecwacare, a Victorian aged care and community services provider, has announced a complete transformation. In collaboration with Cognizant (Nasdaq: CTSH), a global leader in technology and professional services, mecwacare aims to drive innovation, expanding its healthcare services and enhancing experiences for clients, their families, employees and the broader community.