The pace of technological change in this century – the first of the millennium – continues to be jaw-dropping. This has been posited by several gurus from a number of perspectives – Moore’s Law (‘the number of transistors in a dense integrated circuit doubles about every two years’), Koomey’s Law (‘at a fixed computing load, the amount of battery you need will fall by a factor of two every year-and-a-half’), Ray Kurzweil (observed in his essay Law of Accelerating Returns 17 years ago the ‘exponential growth in the rate of exponential growth’ of technology), and Andrew McAfee and Erik Brynjolfsson (‘the second half of the chessboard’).
How is Research and Innovation at TCS keeping pace? We have a frame of reference in Business 4.0™ – enable mass personalization of experience, embrace risk, leverage ecosystems, and create exponential value. We are building on our four decades of Research and Innovation investments and culture to create impact along all of these dimensions.
Research and innovation thrives when people, ideas, and technologies intersect. Understanding specific problems needs close interaction and engagement between researchers, innovators, clients, and the clients’ customers. These interactions create greater value when they happen in a design-driven environment and process, and are open to a larger ecosystem consisting of academics, start-ups, technologists, and teams from TCS and client organizations.
I see the TCS Pace Port™ locations as physical hubs for collaborative experimentation and launch pads for breakthrough ideas needed by Business 4.0 organizations. These are spaces where TCS teams and client partner teams will come together, pretty much like a bunch of inventors in a garage, to work on a new idea, build a quick prototype, test it, work on it some more, and take back something of value.
These spaces are coming up in Tokyo this month and later in other parts of the world, taking our research and innovation ecosystem close to customers. These hubs will also showcase the best of TCS Research and Innovation.
I invite our clients and partners to join our teams at the TCS Pace Port centers and explore the power of emerging technologies.