Cognizant Technology Solutions forecasts annual revenue to exceed Wall Street estimates, bolstered by a strategic pivot towards AI, aiming to increase AI-generated code from 30% to 50%. With plans to surpass 25,000 graduate hires in 2026 and a focus on modernizing global workplace services using AI-powered tools, the company is evolving into a leader in AI systems rather than traditional IT outsourcing. Financial projections suggest a strong future, targeting $23.5 billion in revenue by 2028.
“Babak Hodjat · is · chief AI officer · Cognizant”
“Cognizant · has more than · 70% of its workforce · operating out of India”
“Cognizant · forecast annual revenue · above Wall Street estimates · strong demand as businesses adopt AI”
“Cognizant · generates about · 30% of its code · through AI”
“Cognizant · aims to reach · 50% of its code · through AI”
“Ravi Kumar S · said · Cognizant hired · 25,000 fresh graduates in 2025”
“Cognizant · expects to exceed · 25,000 fresh graduates hired in 2025 · in 2026”
“Almost all of Cognizant's clients · have already tried · to work with AI agents · acknowledged they need help to deploy it”
“Babak Hodjat · told · Reuters · new artificial intelligence tools could replace large IT services firms are 'overblown'”
“Cognizant · has · more than 70% of its workforce · operating out of India”
“Cognizant · forecast · annual revenue · above Wall Street estimates”
“Cognizant · generates · about 30% of its code · through AI”
