TCS expands its Co-Innovation Network to Research Leading-edge Technologies for Real-world Applications
Deepthi | Myequity news | Date : 04-10-2018 11:55:00 IST
Tata Consultancy Services and Institute of Industrial Science, The University of Tokyo have signed a memorandum of understanding (MoU) to collaborate on technology research and facilitate inter- personnel exchange.
The partnership is the latest addition to TCS' Co-innovation Network (COIN) which brings together the best of academia, research, tech start-ups, and alliance partners from across the world to collaborate and conceptualize innovation that helps customers in their digital transformation journeys. "In a Business 4.0TM world, building and leveraging a partner ecosystem is of strategic importance in creating and delivering value. This is the core idea underpinning our Co-Innovation Network1 that brings research and technology breakthroughs from academia to meet real-world customer needs,"
The MoU opens the prospect of TCS and IIS, UTokyo working together on fundamental research, technology validation and the real-world applications and commercialization of technologies, commencing in the area of robotics. It also paves the way for an exchange of scholars and researchers between the two organizations.
Prof. Toshiharu Kishi, Director General, IIS, UTokyo, said, "We warmly welcome this strategic partnership with TCS, and see it as one of our gateways to capitalize the wealth of technological expertise that India's finest talent has to offer. I have great conviction that IIS' extensive research in the many fields of engineering, when amplified through the international industry-academia collaboration with TCS and its partner ecosystem, will contribute significantly to society through the creation of compelling value and answers to some of today's most pressing challenges. I also believe the inter-personnel exchange between our organizations will contribute to IIS' mission to nurture the next generation to shoulder such responsibilities."
said K. Ananth Krishnan, Executive Vice President and Chief Technology Officer, TCS
. "TCS is pleased to strengthen its network and partner with the Institute of Industrial Science, UTokyo." "We are honored to partner with a Japanese research institute of this caliber. Such partnerships with academia are a crucial component of our endeavors to support our customers' transformation to become Business 4.0-ready enterprises,"
added Tetsuya Nakamura, Vice President and Chief Digital Innovation Officer, TCS Japan.
About Tata Consultancy Services Ltd (TCS) :
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, Business & Technology Services, and engineering. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.