Cognizant Rings the Nasdaq Stock Market Opening Bell

08:47All right. Well good morning everyone.

08:50Good morning everybody.

08:51Excited to be here.

08:53Yeah. Let's give a big round of applause. Good, good.

08:59So my name is David Wicks.

09:01I'm vice president of listings here at Nasdaq.

09:04And it's truly my great pleasure to welcome cognizant and CEO Ravi Kumar.

09:09I'd also like to extend a very warm welcome to the senior leadership team,

09:14board members and all our distinguished guests to Nasdaq.

09:18We're excited that you could all join us right

09:20here at the crossroads of the world in Times Square,

09:22New York, as we get set to ring today's opening bell.

09:26Not only will cognizant open the markets today,

09:30but they're also hosting their Investor Day right here at Market Site,

09:34where senior management will discuss strategic progress,

09:38portfolio positioning for growth,

09:41and share updates on AI investments and offerings.

09:45Cognizant's remarkable growth story,

09:48scaled from a 200 person software development and maintenance firm in

09:541994 to a fortune 200 global professional services leader today.

10:02They currently employ more than 335,000 associates

10:08who help clients apply digital technologies to transform and grow their businesses.

10:15They're successful because they are leaders

10:18in AI innovation and have a deep knowledge of their clients,

10:22businesses, technology and infrastructure.

10:25And we're excited to hear more about how you're helping

10:29companies drive AI led technology transformation,

10:33and how this will help further unlock growth opportunities for cognizant.

10:38And Ravi, I know without a doubt this is a team effort.

10:42So congratulations to you and everyone at cognizant on all your past success.

10:47We're incredibly proud to be your partner and look forward to supporting

10:50your continued growth and innovation as a Nasdaq listed company.

10:55And now it is my pleasure.

10:56Please join me in welcoming Ravi for his remarks.

11:04Good morning.

11:07It's an honor to be here at Nasdaq today as we celebrate

11:11Cognizant's journey and the next phase of our growth.

11:15I would like to thank our client,

11:16Amy Brady from KeyBank,

11:18the board of directors,

11:20and all my colleagues here with me today.

11:22There has been never a more exciting and dynamic time in our industry

11:27as I fundamentally reshapes businesses and entire industries.

11:32New and exciting expansion opportunities are unfolding.

11:36For 30 years, cognizant has helped enterprises

11:40navigate every major wave of technological change and innovation.

11:45And now we are at the start of a very powerful chapter.

11:49I am so proud to say cognizant is ready and leading the way.

11:54We've invested ahead of the curve to harness AI's full potential.

11:58Already 20% of our code at cognizant is machine generated.

12:03A clear sign that AI is driving real productivity gains.

12:08We are seeing use cases expand rapidly across sectors,

12:12from healthcare and financial services to communications and manufacturing.

12:16With more than 1200 early Gen I engagements underway.

12:21Our traction is building.

12:23We are especially energized by the pioneering work we are leading in identification.

12:28A shift we believe will reshape our businesses how they operate.

12:33This moment reflects a strong momentum,

12:36powered by the work of our employees,

12:38trust of our clients,

12:40and support of our partners.

12:42Later today, at the Investor Day,

12:44we will share a bold ambition and a clear strategy.

12:48We are so excited about the way about the road ahead.

12:52Thank you to everyone who's been a part of this journey.

12:55Now let's ring the bell and celebrate the future of cognizant.

13:03Very well said.

13:07Ravi. Good luck with today's Investor Day,

13:11and I know you're going to be back to celebrate more milestones this morning.

13:14Very proud to present you and your team with our Nasdaq opening bell.

13:18Thank you so much.

13:19Congratulations.