TCS partners with Qualcomm to set up ‘TCS Innovation Lab’ in Bengaluru; shares close 0.9% higher

Shares of TCS closed 0.9% higher on the NSE at ₹3,175 apiece after the company announced a partnership with Qualcomm.

Tata Consultancy Services (TCS) has partnered with Qualcomm to set up the ‘TCS Innovation Lab’, a space for co-innovation with Qualcomm in Bengaluru. TCS and Qualcomm will co-create smart, scalable, and sustainable Edge AI capabilities utilising Qualcomm platforms for industries moving towards a software-driven approach to make their systems more efficient and resilient in the lab.

The co-innovation lab will enable the creation of customised low-cost solutions that can be deployed on intelligent devices, on location and in real time to streamline processes at large enterprises.

Located in India’s start-up and innovation capital, Bengaluru, the lab will be part of the IoT-focused Bringing Life to Things Network lab. The lab, which is equipped with 5G private network infrastructure and other hi-tech network and equipment, will develop capabilities for sectors that need agile IoT solutions, such as security and surveillance, healthcare, smart infrastructure, and manufacturing.

With its strategic location and advanced infrastructure, the lab is designed to support the rapid prototyping, experimentation, and large-scale implementation of Edge AI capabilities built on a Software Defined Everything (SDx) approach.

Earlier this month, the company signed a partnership with CEA, among the world’s most innovative research institutions, to accelerate innovation and industrialisation of Physical AI solutions. Physical AI is focused on bringing together robotics, artificial intelligence, and intelligent systems to help machines perceive, interpret, and interact with the physical world, thus advancing digital transformation and modernisation of industrial processes

TCS is an IT services, consulting and business solutions organisation that has been partnering with many of the world’s largest businesses. TCS offers a consulting-led, cognitive-powered, integrated portfolio of IT, business & technology services, and engineering.