Hyderabad & New York: Tata Consultancy Services (TCS) has announced the launch of a first-of-its-kind Innovation Hub in Hyderabad. With support from telecommunications giant Qualcomm Technologies, the new hub will be used to build domain-specific solutions that utilize the combinatorial power of AI, IoT and 5G technologies to help global enterprises across industries accelerate their digital transformation journeys, said TCS.
The new hub will utilize TCS’ expertise in digital technologies, along with Qualcomm’s depth in 5G, edge AI and edge devices to build solutions to new use-cases, said a release from the company.
The Innovation Hub will explore the possibilities opened up by 5G in different industries – such as healthcare, automotive, manufacturing, retail, and utilities.
According to TCS, solutions developed at the hub will help customers embrace new business models, offer differentiated products and value-added services, deliver sophisticated customer experiences, and generate new revenue streams.
“The convergence of 5G, AI and edge computing will open unprecedented opportunities for value creation in industrial automation, autonomous vehicles and other industries,” said V Rajanna, Global Head, Technology Business Unit, TCS.
“The new Innovation Hub brings together TCS’ and Qualcomm Technologies’ world-class technology expertise to unlock the potential of transformational solutions in this emerging space to help global enterprises explore the art of the possible and accelerate their Business 4.0 journeys,” Rajanna added.
“Artificial Intelligence coupled with 5G has the power to transform the world, simplifying and enriching our daily lives. Qualcomm Technologies has been working persistently to achieve this transition by creating the essential components that will help enable the development of these exciting new experiences. We are thrilled to extend our long relationship with TCS into a more strategic collaboration through the Innovation Hub and explore new and innovative use cases of 5G technologies and AI relevant to India and enterprises across the globe,” said Rajen Vagadia, President of Qualcomm India & SAARC.
Earlier in November, TCS launched the ‘Intelligent Urban Exchange (IUX) Command Centre’ for Smart Cities, an IUX solution that integrates diverse municipal event data and external sources such as video and displays them as geospatial visualisations on an Integrated City Operational Dashboard.
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