CognizantCTSH

Cognizant and ACI Worldwide successfully tested a core payment system on Amazon Web Services, the cloud computing arm of Amazon. The system, which handles card transactions for banks and retailers, managed more than double its expected volume for 30 minutes without a single failure. This is a useful proof of concept for Cognizant as it tries to move its large financial clients away from old, on-premise servers and onto the cloud. Showing that these critical systems can handle extreme traffic safely helps the company win more of the high-value modernization work that is central to its growth plan.

Source: Business Wire

Cognizant successfully moved a transportation management platform for Odyssey Logistics into the cloud using autonomous AI tools. The project was finished faster than usual and within a fixed budget, resulting in a 37 percent cost saving for Odyssey.

This is a concrete example of Cognizant's pivot toward high-value AI work. By proving it can use AI to automate complex software rebuilding, the company shows it can deliver better results for clients while potentially protecting its own profit margins from rising labor costs.

Source: PRNewsWire

Cognizant has finished the rollout of a new automation-led system for Axis Bank, one of the largest private lenders in India. The project uses Cognizant's software to manage the bank's applications more efficiently, aiming to speed up digital tasks and reduce the manual work required to keep systems running.

This is a practical example of the company's strategy to move beyond basic maintenance and toward higher-value automation work. For a business that relies on large contracts with financial firms, successfully delivering a project for a major bank helps prove it can handle the complex technology needs of the world's biggest companies.

Source: PRNewsWire

Cognizant is deepening its partnership with CrowdStrike to launch a new security service focused on operational technology. This refers to the specialized hardware and software that controls physical equipment in places like factories, warehouses, and power plants. Unlike standard office computers, these systems are often older and harder to secure, making them high-stakes targets for cyberattacks.

This move helps Cognizant expand its role with large industrial clients. By using CrowdStrike's software to monitor these connected devices, Cognizant can offer more specialized consulting that its rivals might lack. For a company trying to prove it can handle the most complex digital needs of big corporations, adding deep security expertise for physical operations is a logical step.

Source: PRNewsWire

Cognizant has been chosen to help Kyowa Kirin, a Japanese pharmaceutical company, modernize its research and development sites. Working alongside Benchling, a cloud platform for scientists, Cognizant will set up systems to automate lab workflows and use AI to manage research data.

This deal is a good example of Cognizant's push into higher-value AI work. Rather than just maintaining old software, the company is helping large clients in specialized fields like life sciences build new digital foundations. Winning this kind of work in Japan also shows its ability to expand its reach beyond its core Western markets.

Source: PRNewsWire

Metrics we are tracking