Exclusive: Francisco D’Souza, Co-founder & Managing Partner, Recognize, Former CEO Of Cognizant

Business Today TV's Managing Editor Siddharth Zarabi interviewed Indian-American entrepreneur and businessman Francisco D'Souza, Co-Founder & Managing Partner, Recognize who is the former CEO and Vice Chairman of Cognizant — a Fortune 200 global professional services company. During the conversation a range of significant topics were discussed including the transformation of the industry due to the widespread adoption of artificial intelligence (AI) and how AI may force the industry to reconsider its existing business models. There was also a focus on the potential for volatility that the industry may face in the upcoming two quarters. The ongoing shift towards technology-driven solutions in the world was emphasized, alongside the observation that AI software transformation is expected to create jobs. Additionally, lifelong learning in the IT industry was highlighted as a crucial aspect of professional development. Furthermore, it was noted that India is host to the world's third-largest tech unicorns, indicating significant growth opportunities in the fintech sector and indigenous innovation within the country. The discussion also pointed out India's pivotal role in global technology. The interview provided insights into the current landscape of the industry, showcasing how AI and technology are reshaping various aspects of business and emphasizing the importance of adaptability in a rapidly evolving market. In conclusion, it was acknowledged that success in this dynamic environment remains uncertain, and companies must continuously adapt to new realities. The potential for emerging winners in the ever-changing market was also underscored.