Cognizant, a leading global technology company, has driven more than $150 million in estimated annualized cost savings across more than 1,100 client implementations via its Bluebolt grassroots innovation program, which launched a year ago in April 2023.
In that time, Cognizant has seen a surge in participation from its associates worldwide, with more than 130,000 ideas submitted to date, more than 23,000 ideas implemented and more than 8,000 related projects in progress with clients.
Amidst the growing volume of proactive ideation, junior-level employees have emerged as the engine driving Bluebolt’s innovations, with about 65 percent of ideas implemented with clients coming from those associates.
Overall, 220,000 Cognizant associates have been trained on Bluebolt, of which 93,000 have been trained on design thinking specifically.
“The true impact of innovation comes from how we maximize its value in the long term,” said Alexis Samuel, SVP and Head of Global Delivery Excellence at Cognizant.
“The progress we’ve made with Bluebolt in the past year has also energized the innovative spirit of our associates through our comprehensive reward and recognition programs”, Alexis Samuel added.
A Bluebolt team created an intuitive solution that provided statistical indices from sources such as historical data exceptions, real time communication errors, and standard operating procedures.
Recently the company has announced a five-year strategic partnership with Telstra as part of the Australian telecommunications and technology company’s strategy for growth.
Cognizant will introduce new ways of working to accelerate Telstra’s software engineering and IT capabilities and leverage modern technologies, such as artificial intelligence (AI) to drive innovation and improve operational efficiency.
The strategic partnership seeks to accelerate Telstra’s technology outcomes with Cognizant implementing modern product engineering practices that will enable Telstra to further improve its customer experience and speed to market.
Moreover, the strategic partnership aims to support employee experience by building a superior engineering experience, further fostering a modern and innovative culture within Telstra.
Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click here, to subscribe to YouTube – Click Here, and for LinkedIn– Click Here.
