Searched for
COGNIZANT AI CONTRACTS
AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...- AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
- Google shaves $50 million off HCLTech deal; 1,000 staffers to be redeployedThis is part of the $200 million annual project that HCLTech managed for Google as part of the application development and engineering work...
- AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
- MFs push back on Zepto valuation; PEs take AI betsHappy Monday! Zepto's IPO pricing expectation has run into resistance from top mutual funds. This and more in today's ETtech Morning Dispat...
- IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- HCL Tech announces $1.14 billion AI partnership with European firmSources familiar with the matter told ET that the client is Mercedes-Benz, with HCLTech beating out Infosys, which was the incumbent vendor...
- US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
- TCS forms business unit to help MNCs set up GCCsTata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and ma...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- IT finds new ways to repackage deal discounts, AI gainsFor many new and renewed contracts, values are being marked down by 20-30%, according to industry analysts. Meanwhile, service providers ar...
- Microsoft signs three-year deal with Wipro under fresh India AI pushWipro has partnered with Microsoft for a three-year deal to offer AI transformation tools to enterprises across various sectors. This colla...
- Cognizant Q3 profit up 2.8% sequentially; full year guidance revised upThe Nasdaq-listed technology major saw its third quarter revenue growing by 4% sequentially at $5 billion. On a year-on-year (YoY) basis, t...
- IT companies Cognizant, Capgemini hired 1.5 lakh less hands in 2023Global hiring decline in 2023 impacted major IT companies like Cognizant and Capgemini. Indian IT firms also faced headcount reductions. Ev...
- Cognizant Q1 revenue falls 1.1%, profit dips 6%Cognizant’s performance reflects the overall IT sector’s sentiment with domestic majors such as Tata Consultancy Services, Infosys, and Wip...
- Cognizant Q4 results: revenue dips 1.7%, profit rises to $558 millionFor the full year 2023, the global IT major Cognizant posted a 0.4% YoY decline in revenue to $19.4 billion. In constant currency terms, it...
- Cognizant-led consortium wins five-year deal from UK’s Network RailThe United States-headquartered company will lead the consortium in developing and applying enhanced data collection and analytics to Netwo...
- Cognizant consortium wins five year deal from Network RailCognizant will lead the consortium in developing and applying enhanced data collection and analytics to Network Rail’s more than 12,000 con...
Load More
