Cognizant study finds 63% of firms face major AI capability gaps as 52% spend at least USD 10 million a year on AI initiatives

Reuters03-12

Cognizant study finds 63% of firms face major AI capability gaps as 52% spend at least USD 10 million a year on AI initiatives

Cognizant published research arguing that “plug-and-play” AI is not sufficient for enterprise adoption and that companies are prioritizing customized, full-stack AI solutions integrated into business operations. The study was based on a survey of 600 AI decision-makers and interviews with 38 executives. It found that 63% of companies report moderate-to-large gaps between their AI ambitions and current capabilities. The most-cited obstacles to scaling AI were regulation and compliance (33%) and difficulty proving ROI (31%). The report also said 52% of companies already invest at least USD 10 million annually in AI initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cognizant Technology Solutions Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: GE06751) on March 12, 2026, and is solely responsible for the information contained therein.

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