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Cognizant Ranks as Leader in AI and Generative AI Services by Everest Group

Cognizant Recognized as a Leader in AI Services

Dec. 18, 2024 – Cognizant has announced its recognition as a Leader and Star Performer in the Everest Group’s Artificial Intelligence (AI) and Generative AI Services PEAK Matrix® Assessment 2024. This significant acknowledgment came after an evaluation of 30 AI service providers, with Cognizant noted for its market impact and client service success.

According to Everest Group, Leaders in the AI services sector are characterized by a clear vision focused on achieving business outcomes, a mix of domain and technical expertise, and sustained investments in innovative technology themes such as agentic AI and responsible AI.

Vishal Gupta, Partner at Everest Group states, ‘Cognizant has been recognized for its substantial investments in innovation, including its Bluebolt program and AI innovation labs, vital for this success. The company has also enhanced its technology partnerships for AI service delivery.’

Everest Group also highlighted Cognizant’s year-over-year improvements, noting significant growth in large, multi-year AI contracts, driven by strategic projects and fixed-price contracts.

Naveen Sharma, Senior Vice President at Cognizant emphasized, ‘As we help our clients transition from pilot AI projects to full-scale operations, our commitment to co-innovation is critical. Our leadership ranking reflects our dedication to innovation and our goal to enable generative AI to redefine industries responsibly.’

For a more in-depth view, read the full report here.