Workflow
Cognizant(CTSH)
icon
Search documents
Cognizant and Ace Hardware Celebrate 25 Years of Partnership to Advance Next-Generation E-Commerce and Supply Chain Innovation
Prnewswire· 2026-01-30 18:00
Core Insights - Cognizant and Ace Hardware celebrate their 25-year partnership focused on advancing innovation in hardware retail, e-commerce, and supply chain management [1][2][6] - The collaboration has significantly contributed to Ace's digital transformation, enhancing core systems and e-commerce capabilities [2][5] Partnership Achievements - Over the past 25 years, Cognizant has facilitated Ace's transition from legacy systems to SAP, improving e-commerce and supply chain tools tailored to Ace's cooperative model [2][3] - Recent initiatives include the rollout of Manhattan Warehouse Management across more than 10 distribution centers, aimed at enhancing warehouse efficiency [3] Digital Transformation - The partnership has led to the launch of a digital version of Ace's annual spring convention, showcasing the ability to deliver critical digital experiences under tight timelines [4] - Ace's e-commerce has experienced over 450% growth since 2019, highlighting the success of the partnership in driving online sales [5] Future Outlook - The collaboration is positioned to support ongoing modernization and innovation in retail, with a focus on AI and automation to meet evolving market demands [6] - Ace is already witnessing positive impacts from modernization efforts, aiming to enhance e-commerce and supply chain agility [6]
Cognizant to Accelerate AI-Driven Creativity and Customer Experience Transformation at Enterprise Scale with Adobe
Prnewswire· 2026-01-30 14:00
Collaboration aims to transform how enterprises produce content and experiences, bringing AI-driven content supply chains and enterprise-grade governance to marketing and customer experience at scale. TEANECK, N.J., Jan. 30, 2026 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) announced an expanded global strategic collaboration with Adobe to help enterprises transform how they create, govern and scale content and customer experiences using generative AI. The collaboration builds on the long-standing relationship ...
Cognizant and Kohler Deepen Strategic Collaboration to Build the Next Generation of AI and Cloud‑Powered Ecosystem
Prnewswire· 2026-01-29 19:00
Core Insights - Cognizant and Kohler have announced a multi-year extension of their strategic partnership, focusing on enhancing Kohler's digital and operational foundation through advanced cloud management and AI-driven solutions [1][3][4] - The partnership aims to improve system reliability, accelerate software delivery, and expand automation, positioning Kohler for greater agility and innovation [2][4] Company Collaboration - The renewed agreement will advance Kohler's global digital ecosystem, including enterprise systems, data analytics, cloud platforms, and cybersecurity [3][4] - Cognizant's advanced AI capabilities, including generative AI, will be integrated to enhance performance and resilience within Kohler's operations [4] Strategic Goals - The collaboration is centered on elevating resilience and excellence across Kohler's digital ecosystem, aiming for reliable performance and seamless customer experiences [4] - Investments in next-generation technologies will leverage Cognizant's expertise in cloud and enterprise AI to maintain Kohler's leadership in digital transformation [4][6]
Cognizant Wins Seat At The Table In America's Missile Defense Overhaul - Cognizant Tech Solns (NASDAQ:CTSH)
Benzinga· 2026-01-29 18:29
Core Viewpoint - Cognizant Technology Solutions Corporation's subsidiary, Belcan Government Solutions, has secured a significant U.S. defense contract under the Missile Defense Agency's SHIELD program, which is designed for next-generation homeland defense systems [1][2]. Group 1: Contract Details - The SHIELD contract is an indefinite-delivery, indefinite-quantity vehicle with a ceiling of $151 billion across all participating vendors [2]. - The contract supports rapid development and deployment of layered missile defense capabilities [2]. Group 2: Scope of Work - The award allows participation across a wide set of technical and operational domains, focusing on delivering innovative capabilities to the warfighter with increased speed and agility [3]. - Cognizant's President of Americas, Surya Gummadi, emphasized the company's pride in partnering with the Missile Defense Agency and highlighted the team's dedication and expertise [3]. Group 3: Company Focus and Market Reaction - The company remains focused on delivering innovative, agile solutions to address complex defense challenges [4]. - At the time of publication, Cognizant Tech shares were down 1.50% at $82.05 [4].
Cognizant and Flagstar Bank, N.A. Mark One-Year Partnership, Advancing Flagstar's Transformation, Enhancing Client Experience and Driving Efficiency
Prnewswire· 2026-01-29 17:00
Core Insights - The partnership between Cognizant and Flagstar Bank marks a significant milestone in Flagstar's technology transformation, enhancing client experiences and operational efficiency [1][2][3] Group 1: Partnership Overview - Cognizant has acted as a strategic partner to Flagstar, supporting its multi-year technology transformation initiative named "Simple, Sophisticated" (S2) [2][3] - The S2 initiative aims to create a modern technology platform that drives innovation, enhances client experiences, and supports employees while managing risks [2][4] Group 2: Impact on Operations - The partnership has integrated Cognizant into Flagstar's technology and operations ecosystem, delivering services across various banking sectors including Commercial & Industrial Banking, Consumer Banking, and Risk & Compliance [3][4] - Establishment of co-branded development centers in Hyderabad, India, and Manila, Philippines, reflects the commitment to building a seamless operational environment [3] Group 3: Efficiency and Client Satisfaction - Cognizant's expertise has streamlined Flagstar's tools and processes, leading to improved efficiency and reduced costs [4] - The partnership has resulted in higher customer satisfaction scores, indicating a positive impact on Flagstar's stakeholders [4] Group 4: Future Initiatives - Both companies are focused on innovation, with plans to explore an AI Center of Excellence in India to unlock new opportunities in artificial intelligence [5] - The collaboration aims to position Flagstar at the forefront of technology-driven banking solutions [5] Group 5: Social Responsibility - Flagstar and Cognizant have partnered in a social outreach program to provide software education to under-resourced communities in rural areas around Hyderabad [6] Group 6: Company Background - As of September 30, 2025, Flagstar Financial, Inc. had $91.7 billion in assets, $63.2 billion in loans, and $69.2 billion in deposits, operating approximately 340 locations across nine states [8][9]
Belcan Government Solutions Secures SHIELD Contract to Deliver Innovative Defense Capabilities for Missile Defense Agency
Prnewswire· 2026-01-29 16:20
Contact: Lambert by LLYC Jennifer Hurson, 845-507-0571, [email protected] SOURCE Belcan About Belcan Belcan, a Cognizant company, is a global supplier of design, software, manufacturing, supply chain, information technology, and digital engineering solutions to the aerospace, defense, space, government services, automotive, and industrial markets. Belcan engineers better outcomes for customers – from jet engines, airframe, and avionics to heavy vehicles, automobiles, and cybersecurity. Belcan takes a partne ...
Cognizant partners with Cognition for AI-driven software engineering
Yahoo Finance· 2026-01-29 10:29
Cognizant and San Francisco-based AI company Cognition have unveiled a new collaboration focused on transforming software engineering through the application of AI. The collaboration will integrate Cognition's Devin AI, an autonomous software engineer capable of executing comprehensive development tasks independently, into enterprise settings. This approach marks a departure from traditional coding assistants, which primarily offer code suggestions, by enabling end-to-end automation in complex systems. ...
What Are Wall Street Analysts' Target Price for Cognizant Technology Stock?
Yahoo Finance· 2026-01-29 07:46
With a market cap of $40.9 billion, Cognizant Technology Solutions Corporation (CTSH) is a global professional services company that provides consulting, technology, and outsourcing services across North America, Europe, and other international markets. It delivers AI-driven digital, engineering, and business solutions to clients across industries, including financial services, healthcare, manufacturing, and communications. Shares of the Teaneck, New Jersey-based company have lagged behind the broader ma ...
Texas halts new H-1B visa petitions at state agencies and universities
Vnexpress International – Latest News, Business, Travel And Analysis From Vietnam· 2026-01-29 04:19
Core Viewpoint - The state of Texas has paused the hiring of H-1B visa holders in state agencies and public universities until May 31, 2027, amid concerns over the program's impact on local job opportunities and staffing shortages [4][8]. Group 1: Impact on Employment and Talent Acquisition - Critics argue that the H-1B visa program allows overseas workers to take jobs from Americans, while supporters claim it is essential for attracting global talent and filling specialized roles [2][3]. - The pause could exacerbate existing staffing shortages in critical sectors such as education and healthcare, potentially raising costs and straining public services [3]. - The University of Texas Southwestern Medical Center leads in H-1B visa holders in Texas with 228, highlighting the reliance on these visas for staffing [5]. Group 2: State Actions and Legislative Intent - Governor Abbott's order aims to establish statutory guardrails for the H-1B visa program and allow for potential reforms at the federal level [4][8]. - Abbott has requested detailed information from state agencies and universities regarding H-1B visa usage, including job titles and efforts to prioritize local candidates [8]. - Other states, such as Florida, are also considering similar actions to limit H-1B hiring, indicating a broader trend among Republican governors [9][10]. Group 3: H-1B Visa Statistics and Trends - Since 2012, over 60% of approved H-1B visas have been for computer-related jobs, reflecting the program's focus on technical skills [6]. - In Texas, Cognizant Technology Solutions Corporation holds the highest number of H-1B visas at 3,172, underscoring the demand for skilled labor in the tech sector [7]. - The annual cap for new H-1B visas is set at 65,000, with an additional 20,000 for individuals holding a master's degree or higher, although some employers are exempt from these limits [12].
Cognizant and Travel + Leisure Co. Renew Strategic Collaboration to Accelerate Digital Transformation
Prnewswire· 2026-01-28 20:00
Core Insights - Cognizant has renewed a multi-million-dollar strategic collaboration with Travel + Leisure Co. to enhance digital transformation through modernizing technology infrastructure and integrating AI for improved member experiences [1][2][3] Group 1: Collaboration Details - The renewed agreement focuses on optimizing the technology ecosystem at Travel + Leisure Co. to elevate digital service experiences for its travel club members and 800,000 owner families [2][3] - Cognizant will assist in modernizing the application landscape, strengthening infrastructure scalability and reliability, and leveraging data- and AI-driven capabilities throughout the term of the agreement [3] Group 2: Leadership Perspectives - Sy Esfahani, CTO of Travel + Leisure Co., emphasized the deep collaboration and mutual trust built over the years, stating that Cognizant's expertise will propel their digital transformation [3] - Anup Prasad, SVP and Consumer Business Head at Cognizant, expressed excitement about deepening the partnership, highlighting the alignment of visions for modernizing traveler interactions with technology [4] Group 3: Company Backgrounds - Cognizant is focused on engineering modern businesses by helping clients modernize technology, reimagine processes, and transform experiences [5] - Travel + Leisure Co. is a leading leisure travel company that provides over six million vacations annually and operates a portfolio of vacation ownership and travel brands [6]