How agentic AI can drive workforce transformation
The technology will help businesses prioritize emerging skills, customize training programs and improve workers’ analytical thinking.
Discover industry-specific solutions and expertise.
Solve your toughest A&D challenges with Belcan.
Ignite peak performance and efficiency in your business.
Reimagine your manufacturing competitive advantage.
Accelerate growth with customer-focused solutions.
Our data and AI solutions align with your business outcomes and create impactful results.
Personalize learning experiences with education tech and IT solutions—and make learners feel valued.
Create strategies for product, service and process innovation that deliver new growth.
Meet customer demands for a digital, personalized online insurance experience—while reducing risk.
Digitally transform to empower a more intelligent, agile and high-performing enterprise.
Make business decisions based on real-time contextual data with our digital solutions.
Stay ahead of the competition with the latest tech like IoT, machine learning and blockchain.
Deep industry expertise to propel your business into the future.
Explore Belcan’s flexible, custom-tailored solutions.
Put AI to work and turn opportunity into value.
Accelerate time to value for industrial edge AI.
Maintain high integrity across the AI lifecycle.
Realize the next frontier of enterprise performance.
Enhance operations, boost efficiency, remove technical debt and modernize apps for the future.
Operate with insight and speed—using AI-powered processes that supercharge performance.
Boost operational efficiency, optimize costs and speed product development.
Reimagine the customer experience, attract and retain top talent, and win in the digital economy.
Sense change, optimize operations and mitigate risk with data-driven insights at quantum speed.
Enable a more secure and value-centered business with proven next-gen solutions.
AI insights to inspire enterprise transformation.
Understand and anticipate the needs of AI-empowered customers.
Invest in people to unlock the power of AI.
Bridge the gap between strong AI leadership and business readiness.
Explore the future of business with our Gen AI insights.
Explore the top focus areas that are important to Cognizant and our clients.
Dive into our forward-thinking research and uncover new tech and industry trends.
Check out our other insights and research—and the experts behind them.
Explore how our expertise can help you sense opportunities sooner and outpace change.
Discover industry-specific solutions and expertise.
Solve your toughest A&D challenges with Belcan.
Ignite peak performance and efficiency in your business.
Reimagine your manufacturing competitive advantage.
Accelerate growth with customer-focused solutions.
Our data and AI solutions align with your business outcomes and create impactful results.
Personalize learning experiences with education tech and IT solutions—and make learners feel valued.
Create strategies for product, service and process innovation that deliver new growth.
Meet customer demands for a digital, personalized online insurance experience—while reducing risk.
Digitally transform to empower a more intelligent, agile and high-performing enterprise.
Make business decisions based on real-time contextual data with our digital solutions.
Stay ahead of the competition with the latest tech like IoT, machine learning and blockchain.
Deep industry expertise to propel your business into the future.
Explore Belcan’s flexible, custom-tailored solutions.
Put AI to work and turn opportunity into value.
Accelerate time to value for industrial edge AI.
Maintain high integrity across the AI lifecycle.
Realize the next frontier of enterprise performance.
Enhance operations, boost efficiency, remove technical debt and modernize apps for the future.
Operate with insight and speed—using AI-powered processes that supercharge performance.
Turn big visions into practical realities with expertise that takes you further.
Boost operational efficiency, optimize costs and speed product development.
Reimagine the customer experience, attract and retain top talent, and win in the digital economy.
Sense change, optimize operations and mitigate risk with data-driven insights at quantum speed.
Enable a more secure and value-centered business with proven next-gen solutions.
Turn sustainability commitments into achievable milestones.
AI insights to inspire enterprise transformation.
Understand and anticipate the needs of AI-empowered customers.
Invest in people to unlock the power of AI.
Bridge the gap between strong AI leadership and business readiness.
Explore the future of business with our Gen AI insights.
Keep up with the trends shaping the future of business—and stay ahead in a fast-changing world.
Explore the top focus areas that are important to Cognizant and our clients.
Dive into our forward-thinking research and uncover new tech and industry trends.
Check out our other insights and research—and the experts behind them.
Explore how our expertise can help you sense opportunities sooner and outpace change.
January 18, 2024
Here's how senior leaders can optimize AI for not just their organization but also for their workers and the world.
The possibilities of artificial intelligence are huge and rapidly evolving. The technology’s ability to process vast amounts of information will lead to breakthroughs that seemed unimaginable just a few years ago. No area will be unaffected: AI is positioned to help organizations accelerate, augment and automate business activities around hiring, customer-facing processes, back-office operations and beyond.
By connecting a wider range of parameters and data sets, AI could help us push past yesterday’s tradeoffs. If implemented and managed correctly, profit and sustainability will no longer be in conflict as AI can churn through the variables and dependencies to arrive at a balanced solution (although reducing the carbon footprint of power-hungry AI needs to become a high priority). Workers, freed from rote tasks, could focus on complex problem-solving that celebrates their humanity. Supply chains could be both resilient and cost-effective.
While AI’s potential is exciting, leaders must approach this powerful technology with a clear-eyed understanding of how to align it with business missions and objectives. Purposeful, centrally organized implementation and governance of AI—that ensures we anchor humans in the process—will lead not only to improved performance but also to greater trust on the part of workers, consumers and society as a whole.
When creating an AI strategy, the first agenda item is to account for its impact on humans. Our latest research New Work, New World forecasts that as generative AI takes hold over the next 10 years, it could impact 90% of jobs. In a disrupted environment like that, employers need to take an aggressive approach to upskilling and reskilling to retain the trust of their workers.
At Cognizant, we believe AI should be leveraged as an assistant within a “human in the loop” model. Our philosophy is to use AI to automate tasks and enable humans to work smarter, freeing up capacity to focus on innovating. We believe in the right mix of human and machine intelligence to deliver the right outcomes.
Upskilling will be a moving target. Continuously training people to successfully work with AI will be an ever-changing process, requiring cross-enterprise buy-in and participation, beyond just technology teams.
Recent business history teaches us that in large organizations, multiple duplicative technology initiatives tend to spring up in various business units, regions and even departments (as many users of Slack can attest). This phenomenon, dubbed “shadow IT,” can lead to poor interoperability, silos and insufficient data security.
As we make recommendations on product, policy and process across the whole business, it is critical that models are informed by consistent objectives and a collective understanding of their operating context. We want to avoid a proliferation of AI point solutions focused on localized objectives and partial or inconsistent views of domain data. Left unchecked, this approach could lead to an environment where AI and people undermine each other and produce weak or even dangerous outputs.
Enterprise-level governance and assurance will be essential to align parallel AI initiatives with a common enterprise purpose. Accountability for AI outputs and transparency of AI-supported work needs to be established across the definition, development and operation of all models.
Data is the lifeblood of business—and the engine powering AI. To derive the best possible outcomes, leaders must ensure that both the quantity and quality of data in their organization is watertight. The data sets used to train AI models must be rigorously controlled, and responses and performance should be continuously monitored.
The challenge is: the data that enterprise AI use cases depend on to produce high-quality outputs is largely domain specific. Moreover, generative AI requires sophisticated knowledge management that enables machines to understand products, customers and operations. When businesses make investments in centralizing and augmenting their data assets, they will see greater returns that can be channeled into exploring more cases.
Businesses need to also consider the security, privacy and trust issues around data and knowledge management. Data should be sourced responsibly and used in ways that are transparent and acceptable to consumers. Our view is that platforms will play a key role in safeguarding the data needed for AI, while also making it available to innovate and adapt at pace.
Organizations with purpose, central visibility into AI activity and comprehensive quality assurance systems adapted to AI needs—these are the businesses that will have their house in order long before regulators come knocking. AI regulation is coming, and leaders can help shape it. Strong AI governance will be more than compliance—it will be a competitive differentiator.
Today, AI regulations look like a patchwork quilt. But this will change; while various entities will approach the technology in different ways, I believe a broad consensus will emerge. We can look to data privacy regulations as a potential model. The European Union, China and many states in the US have all implemented regulations. While they differ in important ways, it’s possible to draw a through-line that connects them.
Whatever happens on the regulatory front, internal governance is the key—if a company’s governance program is solid, regulatory compliance should be straightforward. For organizations lacking strong AI governance, regulation will prove helpful in driving better maturity and control. But it’s wiser to get out in front of the issue.
To ensure AI implementations maintain uninterrupted momentum, leaders must champion a “human in the loop” model as they take ownership of AI implementation and governance. In doing so, they will better serve not just their organization but also workers and the world.
To learn more, follow us at the World Economic Forum Annual Meeting at Davos.
Prasad Sankaran is the EVP, Software and Platform Engineering at Cognizant. In this role, he leads strategy, offerings, solutions, partnerships, capabilities and delivery for digital engineering, digital experience, application development and management, and quality engineering and assurance.
Follow
The technology will help businesses prioritize emerging skills, customize training programs and improve workers’ analytical thinking.
By 2035, an estimated one in four vehicles in the U.S. will be electric. Are C-Stores leaving money on the road by not competing for EV charging revenue?
Bridging the gap between today’s AI initiatives and the large-scale, mission-critical programs businesses increasingly need.
AI in healthcare is on a clear trajectory: from augmentation tools for human workers to semi-autonomous AI agents, overseen by humans.
Public speaking. Emotional intelligence. Tough questions for interviewers. They’re all ingredients in the “secret sauce” when you’re job hunting in the age of AI.
Sign up for the Cognizant newsletter to gain actionable AI advice and real-world business insights delivered to your inbox every month.