Cognizant has introduced its plans to construct a 14-acre Cognizant Immersive Studying Centre (CILC) at its Siruseri campus in Chennai. The brand new facility is anticipated to coach 100,000 people yearly in AI.
Set to be accomplished inside three years, the educational centre will likely be outfitted with 14,000 seats, sensible lecture rooms, incubator hubs, design considering centres, consumer expertise areas, and residential lodging.
It’s going to operate as the first hub supporting different coaching centres being arrange throughout Cognizant’s campuses in Hyderabad, Pune, Kochi, and Coimbatore.
Ravi Kumar S, CEO, Cognizant, mentioned “Our new state-of-the-art centres will energy new expertise and our tradition of steady studying, enabling our individuals to drive enterprise affect for enterprises globally.”
Because the central coaching hub for Cognizant’s college graduate program in India, the power will even host intensive boot camps for recent graduates. Moreover, it should function a collaborative area for know-how companions, academia, and shoppers to have interaction in analysis and studying packages.
Cognizant says that the enlargement in Chennai is a part of its broader infrastructure progress in India. Since 2024, the corporate has launched new supply facilities in Bhubaneswar and Indore, with a techfin middle set to open in GIFT Metropolis, Gujarat.
The corporate had plans to consolidate its Chennai operations into three of its personal buildings positioned at Madras Export Processing Zone (MEPZ), Sholinganallur, and Siruseri, with headquarters relocating to the MEPZ campus close to Tambaram by December 2024.
This comes when Cognizant bought its campus in Thoraipakkam on Chennai’s Outdated Mahabalipuram Street to Bagmane in a ₹612 crore deal, in line with a report by The Hindustan Instances.
Moreover, Cognizant has upgraded almost a million sq. ft at its Hyderabad facility and modernized its Kolkata campus.
Cognizant has been ramping up its deal with AI and GenAI expertise, coaching 277,000 workers in 2024 alone, with 168,000 finishing a GenAI course. To this point, over 220,000 associates have been upskilled in GenAI.
Cognizant reported full-year 2024 income of $19.736 billion, representing a 1.98% improve in comparison with the earlier yr.
This progress reverses the slight downward development in 2023, when the corporate reported income of $19.353 billion, a marginal 0.39% decline from 2022 and a 4.9% income progress in 2022.
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