Cognizant CEO Ravi Kumar said the company saw strong growth in health sciences and financial services accounts and the common theme is using artificial intelligence to take out costs.
The vast majority of content online now is user-generated. The regulatory implications are becoming clear. Automated content moderation is being driven by the sheer scale. It might bring more agile and objective governance as well.
Cognizant CEO Ravi Kumar said the technology services firm's customers are preparing for generative AI, but need to do work in quantifying productivity gains to justify costs. Nevertheless, Kumar said generative AI will usher in a hyperproductivity phase that will affect every worker, every process and every enterprise.
Temporary Slow Down Ahead
All indications from Constellation's 1000 person executive network show a temporary 3 to 6 month slowdown ahead. This pause in general IT spending impacts mostly the North American markets.
