Technology

New Cognizant Research Reveals $4.7 Trillion in Untapped AI Value Across G2000

Published

1 month ago

June 15, 2026

Organizations that pair mature technology infrastructure with a fundamentals-first AI investment strategy outperform laggards by 31% on composite outcomes—and could unlock trillions in unrealized value across the G2000

TEANECK, N.J., June 15, 2026 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today released new research showing that AI’s real-world results depend less on the technology itself than on the maturity of a company’s tech infrastructure and where it directs its investment. The companies getting this right are generating financial returns measurable in the billions.

The study, “Closing the AI Execution Gap: A $2 Billion Business Boost,” surveyed 1,100 senior business leaders at Global 2000 companies and 100 startups across 10 industries. Its central finding is stark: two-thirds of leaders have yet to demonstrate measurable business productivity gains from AI, and one in four have already paused or abandoned AI deployments—with an estimated average of $2 billion in unrealized cost savings and revenue opportunity.

The research identifies a clear set of behaviors that separates the top performers from the rest.

31% — The performance gap between the highest- and lowest-performing AI segments on composite outcomes.

$1B–$2B — Estimated annual returns available to a typical G2000 company that moves from the weakest to the strongest performing segment.

$4.7T — Total unrealized annual value across the G2000 when worker productivity, business productivity, revenue and cost reduction are included.

60% — How much more likely organizations with immature infrastructure and broad AI investment are to abandon a deployment versus those with the same infrastructure who invest in AI fundamentals first.

27% — Productivity advantage held by organizations with strong data foundations versus those still working to improve theirs.

“The evidence in this research could not be more direct: companies that build on a mature technology foundation and invest in AI fundamentals first are already generating billions in returns that their competitors are leaving on the table,” said Cognizant CEO Ravi Kumar S. “This is the AI Builder dividend and it is real, it is quantifiable, and it is widening. Two-thirds of organizations have yet to move the needle on business productivity from AI. That is not a capability gap in technology. That is an execution gap. Cognizant exists precisely to close it. We help companies do the work that unlocks AI value: strengthening compute infrastructure, building data foundations that AI can trust, and deploying the focused investment strategies that turn AI’s potential into verifiable, compounding returns.”

The research shows organizations can continue to improve their AI outcomes through building technical and data foundations, focusing investment strategies, and leveraging strong external partnerships where needed:

Organizations with focused AI investment strategies outperform their peers regardless of maturity level—even lower-maturity companies with a focused approach achieve an 11.4% composite outcome score, versus 9.7% for same-maturity peers investing broadlyCompute and data foundations are the most consequential infrastructure factors; just 19.9% of organizations rate their on-premises compute as excellent—and companies with excellent cloud compute outperform those with adequate ratings by 4.8 percentage points in worker productivity gainsData gaps are pervasive: 64.5% of organizations have at least one of five key data dimensions rated adequate or below; organizations with strong data foundations report nearly 27% higher productivity gains and are 20%+ less likely to abandon AI initiativesInfrastructure quality has a compounding effect on outcomes—organizations with all 10 infrastructure dimensions rated good or excellent achieve 15.6% average productivity gains; that drops to 14.1% with just one adequate dimension, and to 12.5% when any dimension needs improvementHigh-performing organizations are significantly more likely to work with external partners: 72–76% of focused-strategy companies engage outside expertise, compared to 54–60% of broad-investment peers

ABOUT COGNIZANT
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.

MEDIA CONTACT

Global Corporate Communications

Cognizant Technology Solutions

media@cognizant.com

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SOURCE Cognizant Technology Solutions Corporation

Technology

Texas Instruments board declares third quarter 2026 quarterly dividend

Published

26 minutes ago

July 16, 2026

DALLAS, July 16, 2026 /PRNewswire/ — The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.42 per share of common stock, payable August 11, 2026, to stockholders of record on July 31, 2026.

About Texas Instruments

Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

TXN-G

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SOURCE Texas Instruments Incorporated

Technology

Drake Expands End-to-End Professional Services with Launch of Drake Audit Defense™

Published

26 minutes ago

July 16, 2026

New post-filing audit defense service extends Drake Software’s support beyond tax preparation, helping firms save time while delivering greater value to clients.

FRANKLIN, N.C., July 16, 2026 /PRNewswire/ — Drake Software, a leader in professional tax preparation solutions, today announced the launch of Drake Audit Defense™, a new post-filing audit defense service designed to help tax professionals better support their clients after a return is filed. The new offering represents another step in Drake’s continued investment in delivering integrated products and services that support tax professionals throughout the entire client journey—from intake to post-filing.

Enrollment for Drake Audit Defense is available now for Drake Software customers for Tax Year 2026 returns. Customers can enroll by logging into their account at DrakeSoftware.com

Drake Audit Defense provides tax professionals with an easy-to-offer service that helps clients navigate eligible IRS and state tax notices, audit assistance, and qualifying tax-related identity theft assistance. By reducing the administrative burden associated with post-filing issues, firms can spend less time managing notices and audits while providing additional value and peace of mind to their clients.

“Tax professionals are looking for more than software—they’re looking for solutions that help them run more efficient practices and deliver exceptional client experiences,” said Alice Curry, Chief Customer Offer. “Drake Audit Defense is another example of how we’re expanding the Drake ecosystem with integrated services that support firms before, during, and after tax season.”

“Our goal is to make it easy for firms to manage the products and services they rely on in one connected Drake experience,” said Curry. “By integrating Drake Audit Defense alongside our growing portfolio of workflow solutions and enhancements, we’re giving customers greater visibility into their practice, fewer administrative tasks, and a simpler way to manage their business while delivering even more value to their clients.”

Drake Audit Defense is designed specifically for Drake Software customers and integrates seamlessly into existing workflows, making it simple to enroll clients during the tax preparation process while providing trusted support by credentialed tax experts when post-filing issues arise.

About Drake Software

For more than four decades, Drake Software has provided innovative tax preparation and practice management solutions that help tax professionals serve their clients with confidence. Today, Drake continues to expand its ecosystem with integrated products and services that support firms from client intake through post-filing, helping practices work more efficiently while delivering exceptional client experiences.

Media Contact:
Colleen Woods Heikka
Sr. Director, Product Marketing
Colleen.woods@Taxact.com

+1-781-588-6339

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SOURCE Drake Software, LLC

Technology

IronSpark Studios Launches in Birmingham, AL

Published

26 minutes ago

July 16, 2026

IronSpark is a new creative studio focused on animation, game development, and interactive experiences.

BIRMINGHAM, Ala., July 16, 2026 /PRNewswire/ — Storytelling has a new home in Birmingham, Alabama, with the launch of IronSpark Studios, a creative media company focused on animation, game development, and interactive experiences. Guided by its mission to build stories that engage, excite, and entertain, IronSpark Studios develops original and client-driven intellectual property and digital experiences.

Production is shifting away from traditional big studios and moving rapidly toward independent creators and agile, small studios. Founded on the belief that world-class creative belongs in Birmingham, IronSpark Studios collaborates with local creatives, businesses and organizations while working to attract animation, game development and interactive media production to the region.

“Our vision is to create experiences that inspire audiences, spark imagination and leave a lasting impact,” said Brass Bralley, co-founder and managing director. “We believe Birmingham is a place where creative talent can grow, collaborate and help shape the future of storytelling.”

The studio operates through three divisions—Animation, Games and Interactive—creating content for film, commercial projects, video games, immersive exhibits and emerging digital experiences.

IronSpark Studios is partnering with clients and intellectual property owners while developing original projects of its own, helping bring more animation, game development, and interactive media production to Birmingham.

“I’ve chosen to build many businesses in the Birmingham ecosystem, and the choice to build IronSpark here was a simple one,” said Mazi Rasulnia, co-founder and consulting partner. “Birmingham has a vibrant community of innovators and creators, and IronSpark will be a great addition.”

Among those projects is its first original animated short film, The Purple Sky Peanut Butter Club. Based on a true story of heroism and sacrifice, the dialogue-free animated short explores the power of small traditions and their ability to provide healing through grief and transcend generations.

“The stories we create are meant to connect people,” said Wink Winkler, co-founder and head of creative. “Whether that’s through film, series, a video game or an interactive experience, at the end of the day, the story is at the heart of everything we create.”

Contact: Brass Bralley, Co-Founder and Managing Director, Brass@ironsparkstudios.com

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SOURCE IronSpark Studios