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Cognizant Downplays AI Threat

Cognizant’s leadership has said concerns that emerging artificial intelligence tools could replace large IT services firms are overstated. Executives noted that while advanced systems are transforming workflows, organizations still require expertise to implement, integrate, and manage these technologies effectively. The complexity of deploying AI within enterprise environments continues to create demand for specialized services. Industry […]

Schneider Gains on Data Demand

Schneider Electric reported stronger-than-expected earnings, supported by rising demand for data center infrastructure. The company, which provides critical systems such as cooling solutions and power management equipment, has benefited from increased investment in digital infrastructure. Data centers and related networks now account for a significant share of its order intake. Growth has been driven primarily […]

Telekom Criticises EU Reforms

Deutsche Telekom’s leadership has voiced concerns over the European Union’s proposed overhaul of telecommunications regulations, arguing that the changes do not go far enough in reducing regulatory burdens. Executives stated that the planned reforms introduce additional requirements rather than delivering meaningful deregulation. While the proposal includes measures to extend the duration of radio spectrum usage—seen […]