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1/3 OF MILLENNIALS BELIEVE THEY WON'T NEED A BANK IN THE NEXT 5 YEARS.

Maybe they're on to something.
That's why we're helping today's leading banking and financial services companies reimagine the bank of the future as a blended virtual and physical space where business can take place any time, anywhere.

DIGITAL WORKS FOR BANKING & FINANCIAL SERVICES

COGNIZANT DIGITAL WORKS™ ACCELERATOR METHODOLOGY

IDEATE:

THINK BIG

We manage the by-nature unpredictable process of innovation with our lean Accelerator methodology, Following this path ensures we have all the necessary inputs, and think through the ripple effects of each innovation, product or service coupled with design thinking.

To come up with the kind of disruptive ideas that make a difference to customers, you’ve got to cast a wide net, watching every trend, technology and competitor you can on an ongoing, always-on basis.

Working with Cognizant’s interdisciplinary consultants and global ecosystem of partners—including established and start-up technology providers, incubators, venture capitalists, academic institutions and governmental agencies—your technology experts, business leaders and innovation teams can become a kind of idea engine, capable of inventing, tracking and evaluating more ideas than ever before.

IDEALAB

A system for managing discovery

At Cognizant, people and the tools and technologies they build help turn understanding into insight:

  • Monitoring trends and innovations, mapping the future, analyzing data, researching user behaviors

  • Identifying those essential areas where experience or process transformation could have a major impact

  • Discovering, curating, triaging and actingon new ideas for process, product and experience change—all aligned to business strategy

PROTOTYPE:

TEST & LEARN

Experienced innovators know that to try is to fail. It’s a natural part of bringing ideas into the real world and success comes not from avoiding failure, but from learning from it as quickly as you can.

Failing fast controls the risk inherent in innovation by minimizing development time. Cognizant can help manage a pipeline of digital ideas, build a plethora of digital prototypes, and assess the success of each—inventing new and improved models, abandoning good ideas in favor of better ones and landing rapidly on a minimum viable product to launch.

These virtual and physical co-creation workspaces—part showcase, part situation room and part tool shop—bring together client teams and partners with Cognizant teams to:

  • Be inspired by the latest technologies

  • Invent new experiences

  • Build digital and physical prototypes

COLLABORATORY

A place and a mindset for sustained innovation

SCALE:

EXPAND FAST

A viable prototype is just the end of the beginning.

To deliver digital at scale, you need to change how you create and manage your products and services in the most fundamental ways.

Cognizant helps even the largest companies expand digital operations. You gain a digital infrastructure that links with legacy systems holding the organization’s knowledge and experience, with security and privacy in mind from the outset. Our teams help govern digital programs that encourage invention, but add up to a seamless experience for the customer and efficient operations for technology teams. We help instill a culture of discipline and readiness to change quickly.

FOUNDRY

A technology foundation for making digital the default way of doing business

Cognizant’s team and methods help orchestrate technologies, establish governance and manage change en route to launching and scaling the best ideas:

  • Building enterprise architecture that behaves as intuitively digital as customers do

  • Connecting new and legacy systems

  • Managing process change

  • Ensuring security, privacy and compliance

COGNIZANT DIGITAL WORKS™

ACCELERATOR
METHODOLOGY

Thank you for your interest in Cognizant. We'll be in touch soon.

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Accelerator Methodology | Cognizant Technology Solutions