Technology Magazine June 2021 | Page 326

COGNIZANT

Cognizant

- The Future Of Data Modernisation with Microsoft & informatica
exists without the other . The topic of data modernisation is critical for AI , which helps you to drive intelligence and become the true differentiator for our customers .”
In short , data modernisation is powering the data revolution , and real-world examples of its benefits are everywhere . “ Our customers are doing everything from making scientific discoveries , making decisions about how to roll out healthcare policy , or improving the supply chain cycle in an enterprise setting ,” explains Informatica ’ s Bob Markese , SVP , Cloud Modernisation . The acceleration that data brings has only become more apparent due to the ongoing pandemic .
“ During the crisis , the customers that are more resilient to the disruption are the ones that have adopted a data-driven strategy for their company ,” says Muralidharan . “ In two weeks , Cognizant built a solution for a global convenience store chain that accurately forecasts purchasing and supply chain planning . We integrated new data sources including COVID-19 data , historic product performance data , competitor data and weather data . We built a digital command centre to monitor real-time store performance based on credit card transactions , resulting in a 20 % increase in forecasting accuracy and savings of over US $ 10m in product shipments .
“ With that in place , customers are , for instance , able to see every interaction
326 June 2021