Cognizant (CTSH), McCormik Team Up for Digital Transformation

From Nasdaq: 2024-04-03 11:34:00

Cognizant Technology Solutions partners with McCormik & Company to transform global technology infrastructure across 150 countries, enhancing user experiences for 13,000 employees with AI tools and cost savings over the next five years. The move amplifies Cognizant’s commitment to driving digital transformation and innovation in collaboration with global leaders.

In addition to McCormik, Cognizant expands its transformative solutions to other global leaders like LexisNexis, Alphabet, NVIDIA, and Microsoft, further solidifying its position in the healthcare sector. Despite recent declines in shares, Cognizant continues to focus on AI-driven solutions and expanding its clientele to drive innovation and growth in industries like healthcare and technology.

With an expanding customer base, Cognizant is positioned to meet the growing demand for AI, Machine Learning, and IoT. The semiconductor manufacturing sector is projected to significantly increase from $452 billion in 2021 to $803 billion by 2028. Investors can explore opportunities in this sector for potential growth and earnings.



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