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" ... Business-model transformation is an iterative process and one that takes in people with a broad set of skills and talents--technologists, consultants, data scientists, designers, industry experts--who have to be collocated with the client. They then go through the iterative process of discovering market opportunities, course correcting, prototyping and so on. To facilitate that we have built what we call "collaboratories" around the world, which are co-innovation spaces for clients and Cognizant teams. ... "