2013, Cognizant

IT IS Innovation Challenge & Cognizant Innovation Awards - 2013

Team Operations Maturity July 10, 2013

| 2013, Cognizant

Innovation Awards 2013 - Categories

Innovation that has been implemented & has realized the benefits in Hard Dollars

Category 1 Hard Dollars (Tangible Benefits)

Innovation that has been implemented & has realized the benefits in Soft Dollars (Greater than $100,000)

Category 2 Soft Dollars (Intangible Benefits greater than $100,000)

Innovation that has been implemented & has realized the benefit in Soft Dollars (Less than $100,000)

Category 3 Soft Dollars (Intangible Benefits less than $100,000)

Innovation that has been implemented but has not realized the dollar benefit, but has a potential business opportunity .

Category 4 Emerging Innovation

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What is Hard Dollar? The impact of Innovations that are tangible in nature are defined as Hard Dollars. Innovation that generate direct cash impacts (increase in revenue/profitability : Explicit increase in revenue / profitability on account of innovation that are accounted in P/L statement & Balance sheet ) of an organization. What is Soft Dollar? The impact of Innovations that are intangible in nature are defined as Soft Dollars. Innovation that do not generate direct cash impact but then offer intangible benefits such as increase in customer satisfaction, enhanced user experience, savings in time/effort etc.

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Timeline Stage Ownership Mode End date

Submission of

Innovations

Delivery Teams,

Sub Groups and

Teams across IT IS Share point upload July 31

Internal Selection of

Top 5 Innovations

under each category

Team OM &

Panelists Offline review Aug 16

Presentation of Top 5

Innovations per

category before IT IS

Jury

Team OM &

winning Teams Tandberg

Presentation Aug 17 23

Nomination of the

winning entries from

IT IS for Cognizant

Innovation Awards

Team OM

Offline Last week of August

Presentation before

Global Jury on IT IS

emerging as winner at

Org level

CIG and Team OM

Tandberg

Presentation September

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Rules

Only IMPLEMENTED Innovations in time period 1-July-2012 to 30-June-2013 to be considered

Entries to be shared in the TEMPLATE enclosed

Teams have to ensure that innovations submitted are cleared for participating in external events also

A nomination cannot be submitted under multiple categories. Nominating an innovation in multiple categories may lead to disqualification.

These are team awards. Nominations shared with the BU have to come from a Project/Account team / Sub Groups of IT IS

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Where do I submit my nominations?

5

https://ch1hub.cognizant.com/sites/SC62/ITIS%20Innov

ations%202013/Lists/IT%20IS%20Innovation%20Challen

ge%202013/AllItems.aspx

If you are unable to access the link to submit your nominations

please write to IDs: 180386 / 280094 to get necessary access

Naming Convention: Account Name_Innovation Title_Category1 Account Name_Innovation Title_Category2 Account Name_Innovation Title_Category3 Account Name_Innovation Title_Categor4

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Case Studies NASSCOM 2012 winners

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NASSCOM 2013 Winners & Runner-up Case Studies

Category Organization Link to case study

Technology

Vigyanlabs Innovations Private

Limited

http://www.nasscom.org/sites/default/files/userfi

les/file/Vigyanlabs_TI_Awardee.pdf

Intuit Inc http://www.nasscom.org/sites/default/files/userfi

les/file/Intuit%20TI_Awardee.pdf

Market Facing

Infosys Limited http://www.nasscom.org/sites/default/files/userfi

les/file/InfosysEdge%20PI_Awardee.pdf

Phoenix IT Solutions Limited http://www.nasscom.org/sites/default/files/userfi

les/file/Phoenix%20BI_Awardee.pdf

Process Not Uploaded Currently

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Cognizant Case Studies under Top 5 in NASSCOM 2012

Category Innovation Name Link to case study

Technology iSMART

http://www.nasscom.org/sites/default/files/uploads/Awards2013/InnovationAwards2013/docs/Cognizat%20TI_Shortlist.pdf

Market Facing

Cognizant Social Prism

http://www.nasscom.org/sites/default/files/uploa

ds/Awards2013/InnovationAwards2013/docs/Cog

nizant%20BI_Shortlist.pdf

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Sample Case studies on Categorization

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Value of Innovation

An innovations outcome can favourably impact

Revenue

(Revenue Increase)

Increased Sales

Royalty

New Service Line

Profit

(Cost Savings)

Personnel (Productivity Increase)

Hardware / Software, Licenses

Operational (Rent / Lease, Advt.)

* Indicative list

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Category #1 Hard Dollar

The Case

For a large logistics services provider, Cognizant developed a solution by which web forms can be dynamically created by the customer without depending on the intranet portal

releases

Benefits & Method of Calculation Faster Time to Market

Before Forms required 2 weeks

After Less than one day

Scalable

Any no. of surveys can be conducted

Implementable across business units

Cost Savings

Cost of developing 1 form = 5000

No. of forms developed = 20 / year

Savings = 20 * 5000 = 100, 000

* This case is for illustrative purposes only and may not be used outside of this context

Hard = 100 000

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Category #1 Hard Dollar

The Case

For a large international multi-channel retailer, Cognizant developed a solution that obviated the need for continual payment of license cost by the customer for the propriety software of

a vendor

Benefits & Method of Calculation License Cost

Before $ 1.2 M / year

After $ 0.07 M / year (Maintenance cost for newly developed application)

Direct Cost Savings

Cost of 1 License - $ 5,000

No. of Users 240

Total Cost = $ 5000 * 240 = $ 1,200,000

Savings = $ 1,200,000 - $ 72, 000 = $ 1,128,000

* This case is for illustrative purposes only and may not be used outside of this context

Hard = $ 1,128,000

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Category #1 Hard Dollar

The Case

For a large global, diversified manufacturing company, Cognizant improved the code structure that enabled quicker product updates to the website resulting in increased sales

Benefits & Method of Calculation New Product data / Existing Product data update

Before 24 h turnaround time

After 12 h

Q1 Sales = $ 6.3 B = $ 70 M / day = $ 2.9 M / h

Basis for Calculation

10% of total sales initiated by online promotions

Avg. Sales / Online hour = $ 290 K

1% of Online Sales are New Products

Avg. Sales of New Products Online / hour = $ 2,900

Additional Sales to the Company = 12 h * 365 days * $ 2900 = $ 12.7 M / year

* This case is for illustrative purposes only and may not be used outside of this context

Hard = $ 12.7 M

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Category #2 Soft Dollar (greater than $ 100,000)

The Case

For a global bio-pharmaceutical company, Cognizant re-designed the application deployment architecture to provide uninterrupted business operations during the day

Benefits & Method of Calculation Avg. Time taken to search the samples

Before 2 h / day

After 1 h / day

Time spent by 60 personnel to perform the search of samples in a month (22 working days)

Before 22 * 2 * 60 = 2640 h / month

After 22 * 1 * 60 = 1320 h / month

Savings = (2640 1320) * $ 100 = $ 132,000 / month = $ 1,584,000/ year

* This case is for illustrative purposes only and may not be used outside of this context

SOFT = $ 1,584,000

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Category #2 Soft Dollar (greater than $ 100,000)

The Case

For a global healthcare leader, Cognizant automated the production monitoring system that resulted in high operational sustainability and efficiency with zero downtime

Benefits & Method of Calculation Average downtime in a month

Before 2 h / month

After Nil

Average no. of users affected during the downtime is 500+ and the number of hours affected is

Before 500 * 2h = 1000 h / month

After Nil

Savings = 1000 * $ 75 = $ 75,000 /

month = $ 900,000 / year

* This case is for illustrative purposes only and may not be used outside of this context

SOFT = $ 900,000

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Category #3 Soft Dollar (lesser than $ 100,000)

The Case

For a leading drug manufacturer, Cognizant optimized the SAS code that resulted in the dramatic reduction of data loading time

Benefits & Method of Calculation Avg. Time taken to load the data

Before 105 h / month

After 25 h / month

Time spent by personnel to monitor the data loading

Time to monitor 10 min / hour

Before 17.5 h / month

After 4.2 h / month

Savings = (17.5 4.2) * $ 25 = $ 332.5 / month

= $ 3990 / year

* This case is for illustrative purposes only and may not be used outside of this context

SOFT = $ 3, 990

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Category #4 Emerging Innovation

The Case

One of the leading Business Units of Cognizant developed a M2M Cloud based solution to address the changing lifestyle needs.

Reports, Analytics & BI pay per use model Business Model

HealthCare, Insurance, Retail, BPS and Communications practices bringing non linear revenue to the organization

Diet & nutrition specialists, fitness instructors, therapists across the Globe providing services

Solution applies to

Single Global cloud

Bluetooth based non invasive and mobile diagnostics

Multi-OS compatibility Windows and Google Android Technical Aspects

* This case is for illustrative purposes only and may not be used outside of this context

(Benefits yet to be realized)

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Category #4 Emerging Innovation

The Case

Cognizants GTO developed a Content based image search engine that can automate trademark screening enabling ease of search across geographies and bringing down time from few days to few

hours

Revenue Potential

Current analysis suggest that more than 10 vendors / partners could be targeted

with this solution

Cognizant could expect a few million dollars per customer implementation

* This case is for illustrative purposes only and may not be used outside of this context

Emerging Innovation (Benefits yet to be realized)

2013, Cognizant

Thank you