Cognizant

Cognizant Technology Solutions reported a robust financial performance for the December quarter, with net profit rising 18.7 percent year on year to $648 million. The growth was driven by improved operational efficiency, disciplined cost management, and steady demand for digital transformation services. Despite macroeconomic uncertainty and cautious client spending in certain regions, the IT services firm benefited from resilient deal execution and margin expansion.

Cognizant has inaugurated a cutting-edge Cyber Defence Centre in Bengaluru, reinforcing its commitment to advanced cybersecurity solutions for global clients. The facility is designed to monitor, detect, and respond to cyber threats in real time, leveraging artificial intelligence, machine learning, and threat intelligence frameworks. This initiative reflects growing demand for robust cyber resilience as enterprises face increasingly sophisticated attacks.

Global technology firm Cognizant has announced a strategic partnership with Anthropic, the creator of the AI assistant Claude, to expand enterprise access to trustworthy and scalable artificial intelligence solutions. The collaboration aims to help businesses integrate advanced generative AI capabilities into their operations, enabling innovation across customer experience, data management, and decision-making processes.

Cognizant Technology Solutions is reportedly exploring the possibility of an India-based share offering and local listing, a move that could strengthen its ties with one of its largest operational hubs. The U.S.-headquartered IT services giant, which employs over two-thirds of its global workforce in India, is assessing regulatory, structural, and investor considerations before formalizing the plan.

Cognizant has announced plans to onboard 1,000 professionals under the newly created role of "AI Context Engineer," highlighting its intent to accelerate enterprise adoption of artificial intelligence. These specialists will act as intermediaries between advanced AI tools and business functions, ensuring technology is adapted to organizational needs with precision and efficiency. The initiative underscores Cognizant’s strategy to expand its AI-driven service portfolio while addressing rising client demand for context-sensitive automation and digital transformation.

Cognizant delivered a robust financial performance in the second quarter of the fiscal year, reporting a 14% year-on-year rise in net profit, buoyed by healthy client demand and continued operational efficiency. The company also revised its full-year revenue guidance upward, signaling confidence in its deal pipeline and digital transformation capabilities. With steady expansion across key verticals such as healthcare, banking, and digital engineering, the firm remains focused on innovation-driven growth, even as the global IT landscape navigates macroeconomic uncertainties.

In a significant boost to India's growing digital economy, Cognizant Technology Solutions is set to invest over ₹1,500 crore in a new technology campus at Kapuluppada IT Hills in Visakhapatnam. The initiative, announced by Andhra Pradesh Information Technology Minister Nara Lokesh, is expected to generate approximately 8,000 jobs over three phases. The American IT giant will begin operations from a temporary facility in early 2026, ahead of the completion of Phase I of its permanent campus by early 2029.