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Co-Innovation Network (COIN ) TM Innovation labs

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Co-Innovation Network (COIN ) TM Innovation labs
TM
Co-Innovation Network (COIN )
Innovation labs
Digital technologies are disrupting entire industries. Music, movies, news, magazines, and
photography have all been digitized, bringing digital to the core of their sectors,
disrupting business models and upending industry best-practices. In a number of other
industries, digital is fusing with the physical to similarly disrupt and transform – to the
benefit of consumers – from Uber taxis to Airbnb accommodations.
What is also gathering momentum is the blurring of industry boundaries. Innovation
opportunities are emerging at the intersections of formerly discrete domains. The power
of an innovation-ecosystem is becoming ever more important in bringing varied
perspectives and expertise to focus on specific challenges.
Tata Consultancy Services (TCS) believes that it is vital for its customers to maintain market
leadership through tech-innovation by harnessing the latest breakthroughs relevant to
their respective industries. TCS has a strong research base across customer domains at its
Innovation Labs, where highly-credentialed scientists develop technology solutions for
important customer problems. TCS Research & Innovation follows a formalized and
mature innovation process to identify and develop a full spectrum of solutions to keep
clients ahead in their sectors: from ‘derivative’ innovations to ‘platform’ and ‘disruptive’
innovations.
To ensure that TCS Research & Innovation has a 360-degree view of the innovation
landscape, the company has forged collaborative partnerships, bringing together several
groups of experts across the research, academic, start-up and corporate worlds. This is
enabled through the TCS Co-Innovation Network (COIN™). Launched in 2006, COIN gives
TCS and participating partners the innovation edge by coordinating the efforts and ideas
of these groups across industries.
Overview
As science and computing push the knowledge frontier,
it is clear that in order to develop innovative solutions in
today’s complex and competitive environment, it is
crucial to stay abreast of technologies and
breakthroughs in other fields that may find application
in one’s own. Bio-physics, bio-chemistry and
computational finance are all cross-sectoral fields that
are encouraging innovation beyond what each of them
is able to accomplish individually. In industry, we see
smartphones adopting technologies like gyroscopes
and accelerometers, borrowing ideas and technologies
that have been deployed elsewhere to revolutionise
personal computing. And we see how digital is
disrupting ‘established’ industries like banking, finance,
hospitality and media, amongst many others. What can
incumbents do to ensure they stay ahead of the curve
and adopt disruptive technologies before they are
forced upon them? The most effective approach lies in
collaborative innovation ecosystems that bring together
varied groups of experts to jointly address industry
challenges. TCS enables its clients to maintain market
leadership through such a collaborative innovation
ecosystem: the TCS Co-Innovation Network (COINTM).
and support, market access and vendor partnerships in
order to effectively scale their offerings. TCS EmergingTech (‘Em-Tech’) COINTM features promising startups that
are relevant to the enterprise space of TCS’ customers.
Through COIN, TCS works with start-ups from across the
globe to deliver innovative solutions to clients. Each
year, several start-ups are channeled through the COIN
pipeline to undergo our business potential duediligence. COIN start-up engagements are
geographically well-distributed, with partners in the
USA, Canada, Europe/UK, Australia, Singapore, Israel and
India.
Venture Capital/ Aggregator Ecosystem: As promoters
of the next generation of technologies, Venture
Capitalists provide a key connect for innovation. TCS
COINTM works with VCs (and portfolio companies) and
different types of aggregators across the globe to deliver
NextGen solutions to TCS customers.
Some current VC/Aggregator alliances include:
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NORTH AMERICA: Andreessen Horowitz, Sierra
Ventures, New Enterprise Associates, Lightspeed
Venture Partners, Norwest Venture Partners, Blumberg
Capital, Fenox Venture Capital, Relay Ventures, Mars
Innovation, DMZ, Invest Ottawa, etc.
n
UK & EUROPE: Invest in Denmark, NOVI, Helsinki
Business Hub, Helsinki Ventures, Espoo Innovation
Garden, CFIR Copenhagen, UK Trade & Investment,
Startupbootcamp, Business Sweden etc
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INDIA: NASSCOM, Helion Venture Partners, F6S,
IvyCap, CII, etc.
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APAC: Singapore Trade Body, Australian Trade Body,
Pottinger, etc.
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Israel: Carmel Ventures, Vintage Investment Partners,
Plus Ventures, Norwest Venture Partners, Canaan
Partners, Wadi Ventures, Blumberg Capital, Jerusalem
Venture Partners (JVP)
Our Solution
TCS COIN™ connects multiple stakeholder groups in a
collaborative innovation ecosystem to jointly address
specific industry challenges.
Innovation Labs: TCS has a strong research unit
exploring systems, software, and applications. Scientists
working in TCS’ global network of innovation labs focus
on areas such as computer science, mathematics,
statistics, biotechnology, process engineering and
quantitative finance.
Start-ups: Start-ups are the font of several, if not most,
business innovation – especially of the disruptive sort.
But good ideas need to be nurtured: they need funding
TCS Co-Innovation Network (COINTM)
To Venture Capitalists’ the TCS association offers:
Technical due diligence and business viability of their
Start-Ups’ solutions
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Connect with the large TCS ecosystem
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Connect with TCS Customers in various verticals
Academic Alliances: As a business leader in a
knowledge economy, TCS believes in investing in earlystage research.
TCS COINTM links to leading academic and research
institutions worldwide through direct research
investments; short- and long-term research agreements;
exchange of faculty and industry personnel; and
sabbaticals. Our academic alliance program is a highly
interactive collaboration encouraging a continual flow of
ideas between academia and the COIN ecosystem.
TCS COINTM establishes long-term alliances with
academic institutions of repute. Collaboration
opportunity is developed based on recommendations
from TCS' Research Advisory Board, which is led by
eminent academics.
Some Recent Academic Alliances: International
Massachusetts Institute of Technology,
Cambridge, USA
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Members of MIT Industry Liaison Program
Massachusetts Institute of Technology,
Sloan School, CISR, Cambridge, USA
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Information Systems research - IT Governance, Enterprise Architecture, IT portfolio
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TCS has collaborated with The Royal College of Art, London. Design Innovation Lab.
The lab, will conduct joint research related to design, technology, and business.
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Bus Route Optimization
Royal College of Art, London
Monash University, Australia
Academic Alliances: India
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Multi year, multi research agreement covering Program Analysis,
Next Generation Information Extraction, Testing, Electric Power Mgmt, Design
Indian Institute of Technology, Guwahati, India
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TCS has partnered with IIT Guwahati to develop a smart grid demonstrator.
Indian Institute of Technology, Kanpur, India
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Multiple areas of collaboration
Indian Institute of Science, Bangalore
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Multiple areas of collaboration
Indian Institute of Technology, Madras, India
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Multiple areas of collaboration
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Research Sabbatical Programs – 20-25 sabbaticals organized every year for academic
researchers to visit TCS Innovation Labs and for TCS researchers to visit
academic institutions
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TCS Research Scholar Program – supporting research scholars in their PhD in
Computing Sciences in India
Indian Institute of Technology, Bombay, India
Various universities
Various Indian Technology
Institutes and Universities
Strategic Partners
COIN Benefits to Customers
TCS has forged strategic partnerships with leading
global technology vendors to develop innovative
solutions and offer an integrated business model to
customers. Several collaborative research partnerships
are underway. TCS and Intel have completed two
significant Virtualization and Balanced Compute
research projects. In partnership with SAP, TCS has
identified areas such as model-driven architecture,
integration of enterprise data, Web 2.0, Internet of
Services, and Internet of Things. HP and TCS have
initiated discussions for joint research in the areas of
SaaS, power management and cooling, utility/grid
computing, cloud computing, green IT, and nextgeneration data center. EMC² and TCS have
conceptualized the IT solution architecture for specific
industry-domains by integrating products from EMC²
and TCS’ software platforms.
COIN brings the benefits of collaborative innovation to
each network partner, including:
Tata Group Companies
The Tata group is a global enterprise and comprises over
100 operating companies, with operations in more than
100 countries across six continents, exporting products
and services to over 150 countries. TCS works with
various Tata Group companies towards creating
innovative products that aim to improve quality of life.
n
Collaborative innovative solutions sourced globally,
customized to customer requirements
n
Solutions in emergent and disruptive technologies
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Risk mitigation in deploying futuristic solutions
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Simplification in an increasingly complex technical
environment
In delivering these, a COIN engagement enables
customers achieve enhanced business benefits.
The TCS Advantage
TCS has a track record of successful Innovation
partnerships. Having worked with various organizations
over a decade, TCS has the skill to forge win-win
relationships. Partners also benefit from:
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Transparent processes and clear IP-sharing strategies
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Numerous opportunities to meet customers and
influencers directly through several events, such as
the Innovation Forum and Innovation Days
About TCS’ Innovation Labs
Established in 1981, TCS' Innovation Labs address real-world business problems, bringing
scientific rigor to the study of computational concepts, and delivering solutions that make
computation more reliable, efficient, and agile for our clients.
With a focus on three key aspects—Software, Systems, and Applications Sciences—our
Innovation Labs build on new ideas to create solution frameworks that deliver high business
impact across domains. Our Co-Innovation Network (COIN™) gives our clients access to
potentially disruptive technologies through our partnerships with emerging technology
companies, venture funds, academic research units, multi-lateral bodies, and Tata Group
companies.
The global network of Innovation Labs is equipped with sophisticated infrastructure to
support leading-edge research. Our researchers file over a hundred patents each year, and
our research-based papers are a recognized voice on global thought leadership platforms.
Our breakthroughs have won several industry awards, including the MIT Technology Grand
Challenge Award and the Stockholm Challenge Award.
Contact
For more information about TCS’ Innovation Labs visit:
http://www.tcs.com/about/tcs_difference/innovation/Pages/default.aspx
Email: [email protected]
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that
delivers real results to global business, ensuring a level of certainty no other firm can match.
TCS offers a consulting-led, integrated portfolio of IT and IT-enabled infrastructure, engineering
and assurance services. This is delivered through its unique Global Network Delivery ModelTM,
recognized as the benchmark of excellence in software development. A part of the Tata Group,
India’s largest industrial conglomerate, TCS has a global footprint and is listed on the National
Stock Exchange and Bombay Stock Exchange in India.
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