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Cognizant vs. Infy: Ravi Kumar is pulling out all stops to beat his former employer

The Cognizant CEO, who earlier worked in Infosys as president, is trying to make sure the company doesnt lose its No. 2 crown. But Infosys is within striking distance to reclaim it. As Ravi Kumar goes into his second year as CEO with six ‘strategic imperatives, Cognizant needs to fire on all cylinders to stay the course. ....

Ravi Kumar , Elliott Management , Indian It ,

AI: Generative AI will bring down the entry barriers for specialised jobs

Cognizant CEO Ravi Kumar S believes that generative artificial intelligence (AI) will reshape job dynamics, skills, tasks, and occupations, fostering upward social mobility. Unlike previous technological disruptions, generative AI s adoption curve will be steeper due to its natural language interface. While it may not replace jobs immediately, it will alter tasks within them. Kumar predicts a levelling effect, benefiting less productive workers and knowledge workers more than blue-collar workers. ....

Ravi Kumar , Artificial Intelligence , Ravi Kumar S , Generative Ai ,

Cognizant revenue falls 2% in Dec quarter to 2-year low | India Business News

India Business News: Cognizant revenue falls 2% in Dec quarter to 2-year low. IT services major Cognizant Technology Solutions posted a decline in revenue for the full year 2023, as weakness in demand continued to plague the IT sector. The Dec quarter revenue is the lowest in eight quarters. Cognizant's revenue performance in the quarter was worse than that of Infosys, TCS, and HCLTech. Both financial services and healthcare, Cognizant's top verticals, registered revenue decline. Quarterly net income increased due to the company's cost optimization program. Cognizant expects headwinds to continue. ....

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