Cognizant (CTSH) Renews Relationship With Pon Holdings' IT Arm

Zacks03-28

Cognizant CTSH recently announced that it has renewed its long-standing relationship with Pon IT, a division of the renowned Dutch conglomerate Pon Holdings.Over the span of six years, Cognizant has ...

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By harnessing the power of automation and collaborative innovation, both companies are poised to unlock new levels of operational excellence and drive sustained growth.Cognizant Tec","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOOG":"谷歌","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","MSFT":"微软","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","ARM":"ARM Holdings Ltd","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","GOOGL":"谷歌A","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4532":"文艺复兴科技持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4592":"伊斯兰概念","CTSH":"高知特","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU0234570918.USD":"高盛全球核心股票组合Acc Close","NVDA":"英伟达","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0080751232.USD":"富达环球多元动力基金A","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0171293334.USD":"贝莱德英国基金A2","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD"},"translate_title":"Cognizant（CTSH）与Pon Holdings的IT部门续签合作关系","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSFT":1,"CTSH":1,"ARM":1,"GOOGL":1,"NVDA":0.9,"GOOG":0.9},"content_text":"Cognizant CTSH recently announced that it has renewed its long-standing relationship with Pon IT, a division of the renowned Dutch conglomerate Pon Holdings.Over the span of six years, Cognizant has been instrumental in reshaping Pon IT’s infrastructure, crafting an agile and automated platform tailored to meet the diverse needs of Pon Holdings’ various operating entities.Through this extended relationship, the company aims to further refine and enhance the cloud-managed services provided to Pon IT, facilitating seamless access to shared resources, streamlined processes and real-time data insights.The emphasis on agility, intuitiveness and integration within the cloud platform underscores Cognizant’s dedication to empowering Pon IT with the tools necessary to navigate the current dynamic business landscape. By harnessing the power of automation and collaborative innovation, both companies are poised to unlock new levels of operational excellence and drive sustained growth.\n \n\nCognizant Technology Solutions Corporation Price and Consensus  \nCognizant Technology Solutions Corporation price-consensus-chart | Cognizant Technology Solutions Corporation Quote\n\n \nCognizant’s Prospects Ride on Expanding Partner Base\nCognizant’s strong partner base, which includes the likes of Alphabet GOOGL, Microsoft MSFT, NVIDIA NVDA and ServiceNow, has been a key catalyst in expanding clientele.CTSH’s partnerships with Microsoft and NVIDIA have been instrumental in strengthening its footprint in the healthcare domain.Cognizant, in partnership with NVIDIA, is poised to redefine the paradigm of drug discovery through the application of gen AI technology. By integrating NVIDIA’s BioNeMo platform into its operations, Cognizant aims to address the intricate challenges of the life sciences industry, particularly in drug development.Meanwhile, Cognizant and Microsoft are joining forces to integrate gen AI into healthcare administration. This strategic partnership aims to optimize productivity and efficiency for healthcare payers and providers while simultaneously enhancing patient care.The integration of gen AI capabilities into Cognizant's TriZetto platform, powered by Microsoft Azure, holds immense promise for the healthcare industry. By leveraging Azure OpenAI Service and Semantic Kernel, the TriZetto Assistant on Facets facilitates seamless access to gen AI within the user interface. This innovation streamlines processes, enhances data security and ensures regulatory compliance, ultimately leading to improved patient outcomes.In January, Cognizant and Microsoft jointly introduced the Innovation Assistant, an advanced generative AI-powered tool that forms a cornerstone of Cognizant's internal innovation initiative, Bluebolt.Cognizant is also strengthening its footprint in the software development and AI domains through an expanded partnership with Alphabet’s cloud business, Google Cloud. This partnership is poised to transform the software delivery lifecycle and bolster developer productivity by integrating Gemini for Google Cloud into CTSH’s operations and platforms.Through this initiative, Cognizant seeks to equip its developers with AI-powered tools, enhancing their ability to write, test and deploy code efficiently. The partnership also marks a move toward upskilling its workforce, with plans to train more than 70,000 associates on Google Cloud's AI offerings within the following year.With the establishment of Gemini Studios and Centers of Excellence in various locations, Cognizant is poised to deliver advanced AI solutions to its enterprise clients, further solidifying its position as a leader in the technology consulting industry.CTSH’s expanding portfolio is noteworthy. In February, this Zacks Rank #3 (Hold) company announced the launch of its latest Flowsource platform, a cutting-edge gen AI-enabled platform designed to revolutionize the landscape of software engineering for enterprises. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Cognizant currently expects first-quarter 2024 revenues between $4.68 billion and $4.76 billion, indicating a decline of 2.7% to 1.2% (a decline of 3-1.5% on a cc basis). The Zacks Consensus Estimate for revenues is pegged at $4.73 billion, indicating a 1.79% year-over-year decline.The consensus mark for first-quarter 2024 earnings is pegged at $1.11 per share, unchanged over the past 30 days.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMicrosoft Corporation (MSFT) : Free Stock Analysis Report\nCognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nAlphabet Inc. (GOOGL) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2423103401"}