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Cognizant announced its collaboration with Microsoft on the launch of the Innovation Assistant, a generative AI-powered tool built on Microsoft Azure OpenAI Service, which will augment Cognizant's internal innovation program, Bluebolt.
The Innovation Assistant is a tool designed to assimilate enterprise knowledge and enable creativity and innovation among teams of Cognizant employees working to solve client challenges across industries.
"The creativity and ingenuity of Cognizant's people is one of the things that sets us apart in our industry, and we see our Innovation Assistant as a game-changer in the way we generate and implement ideas," said Ravi Kumar S, Cognizant's CEO. "Together with Microsoft, we are harnessing the power of generative AI to revolutionize our approach to innovation, with the goal of ensuring we, and our clients, stay ahead in a rapidly evolving business environment." Harnessing the power of generative AI for Bluebolt will help Cognizant employees develop a unique combination of virtual guidance and real-world support that can utilize the company's full depth of expertise and co-innovation for the benefit of clients.
"It's amazing to see the power of gen AI enable innovation at different levels of an organization with Cognizant's Innovation Assistant. They have used AI to create a platform that unlocks the potential of individuals and teams," said Puneet Chandok, President, Microsoft, India & South Asia. "Built on Microsoft Azure OpenAI Service, Cognizant's platform is a force multiplier that aims to enable customers to gain access to insights from enterprise data and stay ahead in the ever-evolving digital landscape.”
The Innovation Assistant is designed to generate context-based ideas and solutions while safeguarding sensitive information and client confidentiality.
The leaders highlighted how AI is emerging as a critical enabler in this shift from marketing’s traditional focus on new customers to a more sustainable model of driving growth from existing accounts.
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