TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions

TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions

SUMMARY

The hub will help global enterprises to develop domain-specific solutions leveraging newage technologies

TCS will provide its expertise in digital technologies to the participating enterprises

Enterprises will work to find innovative solutions to problems in sectors such as healthcare, automotive, manufacturing, retail, utilities

With the aim to build domain-specific solutions leveraging newage technologies, such as artificial intelligence (AI), Internet of Things (IoT) and 5G, India’s technology giant Tata Consultancy Services (TCS), on Wednesday, launched an innovation hub in Hyderabad.

According to a Livemint report, the hub will be created with the support from US-based tech major Qualcomm Technologies. Moreover, the hub is expected to help global enterprises across various industries to accelerate their digital transformation journeys.

Speaking about the launch, V Rajanna, Global Head, Technology Business Unit, TCS said that the convergence of newage technologies such as 5G, AI and edge computing will open up a horizon of opportunities for value creation in industrial automation, autonomous vehicles, and other industries.

TCS claimed that with the hub designed to facilitate massive data flows with low latency and ultra-high reliability, many industries are set to transform in the near future.

Rajanna further added that the innovation hub will help to unlock the potential of innovative solutions in the emerging tech space to help enterprises in their businesses.

Enabling Enterprises To Build Innovative Solutions

Enterprises joining the hub will get access to TCS’ expertise in digital technologies. Additionally, Qualcomm Technologies will help these companies to leverage technologies such as 5G, AI, and edge devices to build solutions for entirely new use-cases.

Moreover, the hub is expected to go beyond the regular use-case of these technologies and will explore opportunities for their usage in sectors such as healthcare, automotive, manufacturing, retail, utilities.

TCS said that the solutions developed at the hub will work towards embracing new business models, offer innovative products and value-added services. It will also work for finding solutions to improve customer experience and finding new revenue streams.

In addition to this innovative hub in Hyderabad, TCS has also launched TCS iON, an AI command centre in Chennai, last month, to monitor over six thousand examination venues across the country in real-time.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions-Inc42 Media
TCS, Qualcomm launch Innovation Hub To Bring 5G, AI Based Solutions-Inc42 Media
You’re in Good company