TCS inaugurates Pace Port Pittsburgh, an advanced research center at Carnegie Mellon University

22 Apr 2022 , 01:08 PM

Tata Consultancy Services (TCS) has announced the launch of TCS Pace Port Pittsburgh, an advanced research and co-innovation center on the Carnegie Mellon University campus.

This center is designed to help U.S. companies bring innovations to life faster by using the latest advances in technology and collaborating with local entrepreneurs, students, educators, and startups.

This is the fourth global co-innovation that TCS has launched. It specializes in innovation in the manufacturing and utility sectors, designed for companies in a wide range of industries. This provides enterprises with new ways to tap the Internet of Things (IoT) and the latest advances in AI from TCS Research.

The pandemic has fastened the adoption of digital technologies and the digitalization of customer interactions. This has also strengthened the imperative for companies in every industry to innovate faster to establish competitive differentiation.

Key Capabilities of this new hub include TCS Academic Research Lab, TCS Innovation Showcases, TCS Co-Innovation Network (COIN) Accelerator, TCS Agile Workspace, TCS Rapid Lab and TCS Think Spaces,

TCS is focused on strengthening partnerships with leading global academic and research institutions such as CMU to solve critical business challenges. The launch of TCS Pace Port Pittsburgh relates to the dedication of TCS Hall at CMU, research and academic space that is home to the new Pace Port.

TCS is currently trading at Rs3,608.25 down by Rs21.7 or 0.6% from its previous closing of Rs3,629.95 on the BSE. It touched intraday high and low of Rs3,617 and Rs3,571.20 respectively.