Cognizant Technology Solutions Stock Price, News & Analysis

Cognizant (Nasdaq: CTSH) has renewed its partnership with Aker Solutions, extending their collaboration that began in 2016. The new multi-year agreement focuses on modernizing Aker Solutions' IT infrastructure using AI platforms, particularly the Cognizant Neuro® platform.

The transformation roadmap includes upgrading services across cloud operations, IT infrastructure, application management, networks, and cybersecurity. The implementation features a consumption-based commercial model designed to increase operational agility and adapt to market demands. The partnership aims to enhance end-user experience while strengthening data protection through AI and machine learning capabilities.

The collaboration seeks to support Aker Solutions' digital transformation strategy, focusing on value creation and cost reduction throughout project lifecycles in the energy sector.

Cognizant (NASDAQ: CTSH) has expanded its partnership with Salesforce by launching new services for Agentforce, Salesforce's digital labor platform for enterprises. The partnership focuses on helping organizations deploy and scale AI-powered autonomous agents across various industries.

As a Salesforce launch partner and AI Partner of the Year 2024, Cognizant is implementing Agentforce for over 25 clients across multiple sectors. Early results show impressive outcomes, with one retail client achieving a 52% year-on-year reduction in case cycle times and a 30% quarter-on-quarter improvement. The company's Salesforce practice boasts 60% AI-certified specialists and 15% Agentforce Specialists.

Cognizant (CTSH) has partnered with Google Cloud to launch Cognizant® Autonomous Customer Engagement, an AI-powered contact center solution. The platform combines Cognizant's industry expertise with Google Cloud's Customer Engagement Suite to deliver personalized customer experiences. The solution uses advanced AI agents with Google Cloud Voice AI to handle routine interactions autonomously while allowing human intervention for complex cases. Key features include omnichannel support, continuous learning capabilities, enterprise-grade scalability, robust security, integrated transaction management, and predictive analytics. An early adopter in the food services industry has reported reduced call abandonment, lower operational costs, and improved first-contact resolution rates. The solution is designed to enhance customer satisfaction, accelerate support, and enable smarter interactions across digital and voice channels.

Cognizant (CTSH), a prominent IT, consulting, and business process services provider, announced that CFO Jatin Dalal will present at the upcoming Nasdaq Investor Conference in partnership with Jefferies. The presentation is scheduled for Wednesday, June 11, 2025, at 2:00 PM GMT (9:00 AM EDT). Investors can access the live audio webcast through Cognizant's investor relations website, with the replay remaining available for 90 days after the event.

Cognizant (CTSH) has been awarded Snowflake's Global Data Cloud Services Implementation Partner of the Year at Snowflake Summit 2025, marking a significant milestone in their five-plus year strategic partnership. The recognition highlights Cognizant's excellence in global-scale implementations on the Snowflake AI Data Cloud. Through their Data Estate Migration to Snowflake offering and Cognizant Ignition platform, the partnership delivered impressive results for clients, including an American manufacturing client that achieved 80% migration process automation, 75% conversion automation, and 60% development automation, leading to 50% cost savings. The partnership also includes Cognizant's role as a launch partner for Snowflake Openflow, a managed data integration service, demonstrating their commitment to simplifying enterprise data flows and accelerating AI readiness at scale.

Cognizant (NASDAQ: CTSH) has been awarded Partner of the Year by Pegasystems at PegaWorld 2025, highlighting their excellence in enterprise transformation and AI implementation. As a Global Elite Partner, Cognizant provides comprehensive consulting and implementation services for Pega's low-code platform, focusing on workflow automation and intelligent customer engagement. The partnership combines Cognizant's industry expertise with Pega's technology to help enterprises achieve digital transformation. Cognizant's leadership in automation and AI services is further validated by its sixth consecutive recognition as a Leader in Everest Group's PEAK Matrix Assessment for Intelligent Process Automation Services and its Leader position in Avasant's High-Tech Industry Digital Services 2024-2025 RadarView.

Cognizant (NASDAQ: CTSH), a leading IT, consulting, and business process services provider, has announced that Surya Gummadi, President of Americas, will present at the Bank of America Securities 2025 Global Technology Conference. The presentation is scheduled for Wednesday, June 4, 2025, at 2:00 PM PST (5:00 PM EDT).

A live audio webcast will be available on Cognizant's investor relations website, with the replay remaining accessible for 90 days following the presentation.

Cognizant (NASDAQ: CTSH) has expanded its strategic partnership with Pegasystems to enhance enterprise legacy system modernization through AI-driven transformation. The collaboration integrates Cognizant's IP with Pega Blueprint™ capabilities, focusing on converting legacy systems into AI-powered solutions on the Pega Infinity platform.

The partnership aims to help enterprises address significant operational costs and inefficiencies associated with legacy systems. Cognizant will leverage its AI-driven code rewrite capabilities and Bluebolt innovation program to rapidly develop Minimum Viable Products. The collaboration targets enterprises moving away from traditional 'lift-and-shift' approaches towards AI-infused transformation journeys.

Cognizant (CTSH) has open-sourced its Neuro® AI Multi-Agent Accelerator for research and academic use, marking a significant move in the AI agents market projected to grow from $5.1 billion in 2024 to $47.1 billion by 2030. The software enables rapid development of agent networks for various enterprise applications, with commercial deployment available through Cognizant's Multi-Agent Services Suite. Key features include intelligent opportunity discovery, rapid customization, scalable distributed operation, and secure private data handling. The company has already implemented the technology internally through 1Cognizant, serving 330,000 employees, and is engaged in over 65 client conversations around agentic AI. Notable clients like Telstra are already testing and deploying these multi-agent systems, while successful implementations include a healthcare company's Contract Negotiator agent network and a CPG firm's supply chain management solution.