Cimdata Logo

Industry Summary Articles

Tuesday, May 25, 2021

TCS Launches Innovation Hub to Boost Sustainable Development in Europe

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has launched TCS Pace Port™ Amsterdam, a co-innovation and advanced research center designed to help customers successfully navigate their growth and transformation journeys.

Bringing together an ecosystem of partners from academia, government institutions, start-ups and technology providers, TCS Pace Port Amsterdam will serve as a hub for TCS teams to co-innovate with European customers, guiding them through the discovery, definition, refinement and delivery phases of innovation. The center will also provide rapid prototyping capabilities with a clear focus on building greater futures by finding and creating sustainable solutions.

TCS Pace Port Amsterdam is the third co-innovation center by TCS, after New York and Tokyo, in a global network of physical-digital innovation hubs that bring to life the TCS Pace™ philosophy of unifying the best of TCS’ innovation assets, capabilities and practices to build meaningful and accelerated outcomes. The TCS Pace Innovation Architecture provides a structured framework for companies to ideate better, work on creative solutions faster, and focus their efforts on real, purpose-driven business needs.

“TCS believes that collaborative innovation, harnessing the collective knowledge of an ecosystem of partners can help companies realize their purpose and build a greater future,” said Sapthagiri Chapalapalli, Head, TCS Europe. “Our new Pace Port at Amsterdam will serve as a European innovation hub that helps our clients build long-term sustainability, which is a core driver of purposeful business.”

Pace Port Amsterdam is the next step in our continued effort to help our clients innovate at speed and scale,” said K Ananth Krishnan, CTO, TCS. “Developing digital capabilities at an accelerated pace empower companies to and help their businesses stay ahead on the digital curve.”

“TCS’ first European Pace Port is envisioned to become the digital innovation hub for the region,” said David McIntire, IT Services Research Director, NelsonHall. “The Pace network has evolved from TCS’ innovation and co-creation location strategy. TCS has taken a considered and organic approach in setting up Pace Ports and demonstrates its capabilities as a full-service partner for its clients in their digital transformation journeys.”

“As part of the European Commission, our aim for the Green New Deal is to create a comprehensive, ambitious plan for a green future driven by technology,” saidDiederik Samsom, Head of Cabinet for European Green Deal & Executive VP, European Commission Frans Timmermans. “That is why I welcome initiatives like TCS PACE that can bring together digital capabilities, an innovative mindset and collaborative ecosystems to help European businesses work together to build a greener, more sustainable Europe.”

The global network of TCS Pace Ports ignites collaborative experimentation, research, rapid product prototyping, and continuous learning – pushing current boundaries and driving business transformations through the application of cutting-edge digital technologies.

To view the original press release, please click here.

Search for TCS on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.