22.04.2024 15:04:29 - dpa-AFX: Cognizant And Microsoft To Expand Partnership For Generative AI Adoption In Enterprises

TEANECK (dpa-AFX) - Cognizant (CTSH) and Microsoft Corp. (MSFT) announced
Monday an expanded partnership with the goal of making Microsoft's generative AI
and Copilots available to millions of users, to transform enterprise business
operations, enhance employee experiences and accelerate cross-industry
innovation.

The expanded partnership will leverage Microsoft Copilot and Cognizant's
advisory and digital transformation services to help employees and enterprise
customers operationalize generative AI and realize strategic business
transformation.

This partnership also has the potential to significantly accelerate AI adoption
and innovation in India. AI is expected to add $450 to $500 billion to India's
GDP by 2025, accounting for 10% of the country's $5 trillion GDP target.

As part of the partnership, Cognizant purchased 25,000 Microsoft 365 Copilot
seats for Cognizant associates, along with 500 Sales Copilot seats and 500
Services Copilot seats to enhance productivity, streamline workflows and
transform customer experiences.

In addition, Cognizant will work to deploy Microsoft 365 Copilot to a million
users within their global 2000 clients and across 11 industries. Through
Cognizant's Synapse skilling program, 35,000 Cognizant developers have been
trained on Github Copilot, with an additional 40,000 developers slated to
receive training.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
COGNIZANT TECH. SOL.A 915272 Frankfurt 61,500 03.05.24 08:05:52 -1,950 -3,07% 61,680 61,820 61,500 63,450
MICROSOFT DL-,00000625 870747 Frankfurt 377,300 03.05.24 18:08:37 +6,550 +1,77% 377,200 377,350 371,550 370,750

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