Karthik Narain

See how the heightened connectivity in manufacturing is enabling a digital ecosystem where real-time data flows continuously, fueling the next generation of smart manufacturing. Learn more: https://cogniz.at/3A6cmSv #BeCognizant #IoT #SmartManufacturing

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The accelerated rise of #AI adds a new level of complexity to technology investments and priorities. While it could take years for #GenAI investments to unfold, the technology investments that will drive transformation are happening now. #CIOs are feeling the pressure to make smart technology bets and now - the calls come faster and the stakes are higher. Check out our latest #ITCostOptimization strategies:

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According to a new survey from Capgemini Research Institute, 65% of executives say their organization uses generative AI models to achieve its sustainability agenda. This is great progress as leaders navigate the environmental impact of #GenAI, especially considering 57% of executives categorize generative AI’s environmental impact as a boardroom topic. AI brings significant use cases for sustainability and can support the overhaul of supply chain practices, identify hot spots for inefficiencies across the value chain, and ease complications associated with measurement and reporting. This new report is incredibly useful for any leaders wanting to learn more about Gen AI, geopolitics and #greenwashing. You can check it out here:

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Delighted to invite Silicon valley customers and partners . Igniting Innovation: Driving the Next Tech Evolution – SVLG’s 2nd Annual Tech and Innovation Summit will bring together leading #artificial_intelligence (AI) experts from around the nation for a captivating exploration of the technology’s transformative potential. Connect with AI experts, entrepreneurs and practitioners in the field, and participate in an event designed to foster collaboration and the exchange of ideas. Immerse yourself in a dynamic program featuring insightful discussions and thought-provoking presentations. Key Areas of Focus: AI: Shaping a Secure and Sustainable Future: Exploring the imperative for timely, responsible, and ethical integration of AI technologies. This discussion will emphasize AI’s pivotal role in addressing societal challenges and its potential to drive transformative change for a sustainable and equitable future. Everyday AI Use Cases: Focusing on the pressing need for responsible and ethical integration of AI technologies. We’ll explore how AI is being applied in critical areas such as healthcare, energy, and environmental protection, highlighting both the transformative potential and the imperative for careful implementation. Business Competitiveness in California: Diving into how the state’s unique regulatory environment, talent pool, and innovation ecosystem influence business growth. Tata Consultancy Services , Sanjeev Khanna , Harinath Chandrasekaran , Venkat B , Bapujee Bhagavathi , Sreekumar Sivarajan , Anand Pandey , Santhosh Patel

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Global Capability Centers are rapidly evolving beyond traditional roles, becoming pivotal engines of reinvention for companies worldwide. Accenture's latest insights reveal how through #GCCs, companies can quickly tap into global talent and advanced technology to drive strategic innovation and operational excellence. https://accntu.re/4aIl7y4 #CaptiveCentres

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Global Capability Centers are rapidly evolving beyond traditional roles, becoming pivotal engines of reinvention for companies worldwide. Accenture's latest insights reveal how through #GCCs, companies can quickly tap into global talent and advanced technology to drive strategic innovation and operational excellence. https://accntu.re/4aIl7y4 #CaptiveCentres

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Global Capability Centers are rapidly evolving beyond traditional roles, becoming pivotal engines of reinvention for companies worldwide. Accenture's latest insights reveal how through #GCCs, companies can quickly tap into global talent and advanced technology to drive strategic innovation and operational excellence. https://accntu.re/4aIl7y4 #CaptiveCentres

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Generative AI highlights the need to innovate using all data types, especially unstructured data, which is often underutilized. By harnessing this data, organizations can gain deeper insights and improve efficiency and compliance. Narasimha Reddy Goli, Chief Technology and Product Officer at Iron Mountain, shares how our Iron Mountain InSight® Digital Experience Platform (DXP) adds structure and meaning to unstructured data through advanced AI automation, including intelligent document processing (IDP). By unifying physical and digital information management, this holistic approach enhances efficiency and supports strategic initiatives. Read the full article on CXOToday: http://spr.ly/6045SsTK7 #IRMEmployee #ImAIReady #AI #InSightDXP #SaaSSolutions #DigitalTransformation #OneIronMountain

Infosys enabled #mainframe modernization for a North American life insurance company by collaborating with Microsoft and Raincode. We conducted an in-depth study of customers existing mainframe systems and accelerated application migration using Infosys 'Live Enterprise Application Development Platform' (which harnesses experience of over 10,000 modernization programs for more than 600 clients). This helped the client achieve 60% annual savings in TCO, 25% improvement in #agility, and enhanced #developerproductivity. Learn more: infy.com/3VKp6VG #InfosysCobalt #Microsoft #Azure #Modernization #Mainframe #ApplicationModernization

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Yesterday Cognizant announced our 1Q2024 earnings. We continued our momentum in large deals and strategic collaborations with some of the most important Global 2000 companies. 1. Signed 8 large deals with a contract value of at least $100 million. 2. Expanding our partnership to operationalize #generativeAI and bring Microsoft #Copilots to millions of users, enhancing productivity and innovation across industries. 3. Launching a real-time payment fraud prevention solution with FICO, combining AI and ML expertise to protect against digital payment fraud. 4. Combining our generative AI technology with the NVIDIA BioNeMo #genAI platform to help improve productivity in the drug development process and increase the speed of bringing new life-saving treatments to market. I am incredibly proud of our team’s efforts in securing these strategic client wins and collaborations, setting the stage for a transformative year ahead! #Cognizant #ClientWins #StrategicPartnerships #Innovation #DigitalTransformation

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The accelerated rise of #AI adds a new level of complexity to technology investments and priorities. While it could take years for #GenAI investments to unfold, the technology investments that will drive transformation are happening now. #CIOs are feeling the pressure to make smart technology bets and now - the calls come faster and the stakes are higher. Check out our latest #ITCostOptimization strategies:

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🌐 Cognizant's Acquisition of Belcan: A Strategic Move Amid Economic Uncertainty 🌐 Cognizant's recent acquisition of Belcan is a significant step in expanding its engineering services and signals a broader trend in the IT services sector. It mimics Capgemini's acquisition of Altran in 2019. In a time of dwindling demand and economic uncertainty, such strategic acquisitions can provide a much-needed boost to M&A deal activities. Why This Matters: 🔍 Inorganic Market Share Expansion: With organic growth facing headwinds, acquiring companies like Belcan allows Cognizant to swiftly enhance its market presence and diversify its service offerings. 🔍 Capabilities Enhancement: Belcan brings robust engineering and R&D capabilities, enabling Cognizant to offer more comprehensive solutions to existing clients, thereby increasing value and deepening customer relationships. 🔍 Survival Tactics in a Competitive Industry: In an industry characterized by minimal differentiation, expanding capabilities and market share through acquisitions can be crucial for survival and growth. Offering more to the same customers helps maintain relevance and competitiveness. Strategic Implications: ✅ Adaptation to Economic Climate: M&A activities can provide stability and growth opportunities in uncertain times, helping companies like Cognizant navigate and thrive despite economic challenges. ✅ Enhanced Service Portfolio: Integrating Belcan’s strengths with Cognizant’s existing services allows for a more diversified and resilient business model. ✅ Customer-Centric Growth: Focusing on providing enhanced value to existing customers through expanded capabilities ensures sustained business relationships and loyalty. As the IT services landscape continues to evolve, strategic acquisitions will play a pivotal role in shaping the future. Companies must leverage these opportunities to remain competitive and deliver greater value to their clients. Partners at Peak North bring a strong track record of advising global brands on their inorganic growth strategies. Peak North can support your sector research, buy-side mandate, target identification, and thesis validation to ensure strategic and informed decision-making in M&A activities. #Cognizant #Belcan #MergersAndAcquisitions #ITServices #BusinessGrowth #EconomicUncertainty #DealAdvisory #Growth #Technology

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Asset and Wealth management firms face array of challenges – stagnant revenues, rising costs, dynamic regulatory environment, rise of Wealthtech firms driving profits down. Leveraging AI technologies is becoming critical to navigate these challenges, boost productivity and enhance client engagement.   Wipro crafted an advanced AI solution - NOVA Analytics, tailored to the specific needs of the Asset and Wealth Management firms. NOVA Analytics has been successfully deployed at leading wealth management firm revolutionizing the way advisors work, increasing AUM, improving client relationship scores and addressing attrition.   Suzanne DannPierre BrunoVinay FirakeRitesh TalapatraMahesh ChandraPhilippe D.Omkar NisalBruno SCHENKMichael SeigerBadri Srinivasan Pankaj Gupta Madhusudan Ponnuveetil James Curzon Ajay Mangilal Jain Sriram Narasimhan #AI #wipro #wealthmanagement Read more about it here: Wealth Advisor Productivity Reimagined with AI - Wipro

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🌟 Cognizant is proud to showcase its industry-leading thought leadership at Dreamforce 2024! Our team of experts will be front and center to explore how AI and data are revolutionizing the way businesses operate. Don’t miss our session **“Maximize Investments While Evolving to a Future of Data & AI”** where Cognizant leaders will discuss innovative strategies that help companies transform their operations, boost ROI, and future-proof their business. Our presence at Dreamforce underscores Cognizant’s commitment to driving business innovation through cutting-edge AI and data solutions. This session will provide practical insights and real-world examples of how leading companies are using AI to: - Enhance their Salesforce ROI - Automate and streamline business processes - Personalize customer interactions - Gain a competitive edge in a rapidly evolving digital landscape Whether you're exploring AI to optimize your customer experiences or looking for ways to integrate data-driven analytics into your operations, Cognizant’s thought leaders are ready to share valuable strategies that will empower your business to evolve with confidence. **📅 Event Details:** **Session:** Maximize Investments While Evolving to a Future of Data & AI **Presented by:** Cognizant Thought Leaders **Event Website:** https://bit.ly/4gtxMJF Be sure to attend and discover how Cognizant is helping businesses unlock the full potential of AI and data for a smarter, more innovative future. Don’t miss this chance to hear from the experts shaping the future of AI in business! #DF24 #Dreamforce2024 #Cognizant #AI #Salesforce #BusinessInnovation #DataAndAI #CustomerExperience

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Discover how Wipro became a leader in application modernization and migration services for Q1 2024, recognized for its robust, scalable solutions and superior managed services. Wipro’s exceptional cloud-native development capabilities and cost-effective strategies ensure businesses transition smoothly to modernized systems. What sets us apart in delivering comprehensive modernization services? #Wipro #Forrester #ApplicationModernization #MigrationServices

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Business leaders need to think about Gen AI's last mile, which focuses on implementing and integrating GenAI into business processes and workflows for real-world applications. At Cognizant, we call this rewiring the enterprise.    In his recent research note following our summit in London last week, David Cushman of HFS Research talks about the importance of having "partners with expertise in implementation and integration with a focus on business outcomes – and a vision of how AI can impact your organization that looks beyond the inhibitors we face today".   Read the full note here: https://lnkd.in/e7SWA-V2

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The AI revolution is just getting started, and the future lies in multi-agent #AI systems. Ravi Kumar S, CEO of Cognizant, and Babak Hodjat, CTO of AI at Cognizant, discuss how these systems will break down silos between AI systems, enabling seamless collaboration for smarter decision-making and streamlined operations. Read more and explore how Cognizant is leveraging multi-agent systems with their Neuro AI Platform: https://cogniz.at/48h5tKu #GenAI #MultiAgentAI

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