Etex and Cognizant team up to boost innovation with AI and Automation

Core Insights - Cognizant has extended its collaboration with Etex for five years to enhance IT services through AI and automation, aiming to reduce costs and improve user experience [1][2][3] Company Overview - Cognizant is a technology company that helps clients modernize technology, reimagine processes, and transform experiences to stay competitive in a fast-changing environment [4] - Etex is a global leader in sustainable building materials and lightweight construction, operating over 160 sites in 45 countries with a workforce of 13,500 employees [5][6] Financial Performance - Etex reported a revenue of EUR 3.808 billion and a REBITDA of EUR 712 million in 2023 [6] Strategic Goals - The collaboration will implement GenAI and chatbot solutions to automate tasks and ensure optimized delivery, addressing cost pressures and enhancing adaptability [1][2][3] - Etex aims to inspire safe, sustainable, and beautiful living spaces through innovative building materials [5][6]