Cognizant Collaborates with Microsoft to Launch AI Tool Innovation Assistant for Enhanced Creativity & Innovation, India

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Cognizant, an IT services and consulting company, has partnered with Microsoft to introduce an innovative AI tool called the Innovation Assistant. This tool, powered by Microsoft Azure OpenAI Service, aims to enhance creativity and innovation within Cognizant’s internal innovation program, Bluebolt.

The Innovation Assistant will gather enterprise knowledge and enable teams of Cognizant employees to tackle client challenges across various industries. Bluebolt, an initiative that promotes collaboration and innovation among employees, will be augmented by this AI-powered tool.

Ravi Kumar S, CEO of Cognizant, expressed his excitement about this collaboration with Microsoft, stating that they are leveraging generative AI to revolutionize their approach to innovation. He emphasized the importance of staying ahead in the rapidly evolving business environment.

Earlier last year, Cognizant partnered with Google Cloud to establish AI Innovation hubs in Bangalore, London, and San Francisco. The company also plans to offer a program to train its employees and clients on AI technology.

Puneet Chandok, President of Microsoft India & South Asia, praised Cognizant’s use of AI to unlock the potential of individuals and teams. He highlighted that their platform, built on Microsoft Azure OpenAI Service, provides customers with access to valuable insights from enterprise data, enabling them to stay ahead in the digital landscape.

In August 2020, Cognizant announced its $1 billion investment in generative artificial intelligence over three years, covering a wide range of areas such as platforms, personnel, partnerships, IT, and mergers and acquisitions.

This collaboration between Cognizant and Microsoft showcases the power of AI in driving innovation and addressing the evolving business needs of organizations. By harnessing the capabilities of AI tools like the Innovation Assistant, companies can unlock new opportunities for creativity and stay at the forefront of their respective industries.

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Frequently Asked Questions (FAQs) Related to the Above News

What is the Innovation Assistant?

The Innovation Assistant is an AI tool introduced by Cognizant in collaboration with Microsoft. It is powered by Microsoft Azure OpenAI Service and aims to enhance creativity and innovation within Cognizant's internal innovation program, Bluebolt.

How does the Innovation Assistant work?

The Innovation Assistant gathers enterprise knowledge and enables teams of Cognizant employees to tackle client challenges across various industries. It provides valuable insights from enterprise data, helping employees stay ahead in the rapidly evolving business environment.

What is the purpose of Cognizant's Bluebolt initiative?

Bluebolt is an internal innovation program at Cognizant that promotes collaboration and innovation among employees. The Innovation Assistant augments this initiative by providing AI-powered capabilities to enhance creativity and problem-solving.

Why did Cognizant partner with Microsoft for the Innovation Assistant?

Cognizant partnered with Microsoft to leverage generative AI and revolutionize their approach to innovation. Microsoft Azure OpenAI Service was chosen to power the Innovation Assistant, providing the necessary infrastructure and capabilities for enhanced creativity and innovation.

What other AI initiatives has Cognizant undertaken?

In addition to its collaboration with Microsoft, Cognizant has also partnered with Google Cloud to establish AI Innovation hubs in Bangalore, London, and San Francisco. The company is committed to investing $1 billion in generative artificial intelligence over three years, covering various areas such as platforms, personnel, partnerships, IT, and mergers and acquisitions.

What are the goals of Cognizant's AI initiatives?

Cognizant's AI initiatives aim to unlock the potential of individuals and teams, drive innovation, and address the evolving business needs of organizations. By harnessing the power of AI tools like the Innovation Assistant, companies can unlock new opportunities for creativity and stay at the forefront of their respective industries.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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