Cognizant and Microsoft Corp. have joined forces to promote the use of generative AI in businesses globally. Their collaboration aims to make Microsoft's generative AI and Copilots accessible to a wide range of users, with the goal of transforming how enterprises operate, enhancing employee satisfaction, and driving innovation across all industries.
Transformative Potential of Generative AI
Cognizant is known for its digital transformation services, working at the intersection of industry and technology. The extended partnership with Microsoft, a leader in advanced generative AI, is expected to bring significant innovation for business clients. This collaboration is positioned to support the forecasted $1 trillion boost of AI into the U.S. GDP in the next ten years. Additionally, it aims to accelerate AI adoption and innovation, potentially contributing $450–500 billion to India's GDP by 2025.
"Cognizant is investing $1 billion in generative AI over the next three years and leading the development of new research to explore its potential for our clients, their employees, and end customers. We're committed to helping them harness the power of generative AI at scale, and Microsoft Copilot is a proven tool that can bring transformative gains, unlocking talent and potential in ways we can only imagine," said Ravi Kumar S, CEO, Cognizant.
