Tien-Tsin Huang
JPMorgan Chase & Co, Research Division

[Audio Gap]

Ravi Kumar S
CEO & Director

Starting to see unlock of vulnerabilities security-led with Mythos or 5.5 GPT, where you could do vulnerability discovery at machine speed, but you can equally remediate, refactor and patch at machine speed. And that opportunity is almost like a Y2K moment for us because as you open the lid, you don't just look at one thing. You look at brittle code, you look at design deficiencies. You do a whole lot of refactoring. So the ability to take your old stuff, pull in new ways to do it, underwrite that capital for the new things.

Now new things which I'm talking about is a completely new terrain, which is primarily applying software on operations of companies. Now historically, portions of those operations, which were deterministic in nature, were done by classical software. Portions of the things which were not deterministic, which had judgment, which had -- which could not be codified, we put it into human effort.

Just an example, the health care platforms in Cognizant have a flow-through of $500 billion of spend flowing through our platforms. We do health care operations for our clients. Now I could agentify another $4 trillion of work, which was administrative in nature -- remember, health care has 20 million people working, only 5 million to 6 million people do care, 14 million to 15 million people do administrative work. I could agentify it.

Now that doesn't need big discretionary spend. You just have