As digital technologies uproot and disrupt well-established industries, new innovation opportunities keep emerging at the fast-blurring boundaries between business domains. Leveraged against a robust innovation ecosystem, these opportunities can help companies address specific customer challenges.
To identify such opportunities for the Research and Innovation unit, TCS launched its Co-Innovation Network™ (COIN™) in 2006. TCS COIN™ brings together a network of experts from the start-up, research, academics, and corporate worlds to work on collaborative innovations for TCS’ Fortune 1,000 customers. The program has four components: TCS COIN™ Accelerator, TCS COIN™ Reference Architecture, TCS COIN™ Certified Start-up Partner Program, and TCS COIN™Integration Team.
The COIN network provides start-ups direct access to TCS’ marquee accounts through its sales, marketing, and client teams, along with introductions to affiliated investors such as venture capitalists, angel investors, and corporate venture capital. Each year, several start-ups are channeled through the TCS COIN™ pipeline after rigorous business and technology due diligence.
Choice of TCS COIN™ Partners
TCS COIN™’s Emerging Technology team identifies disruptive technologies and start-ups, and facilitates industry-relevant collaboration with TCS business units and customers. Together, TCS Research and Innovation and TCS COIN™ partners have developed several path-breaking ideas, many of which have been successfully transitioned into customer solutions.
The 2,500 start-ups from USA, Israel, Canada, Europe, and India on the TCS COIN™ roster are supported by nearly 50 university partners such as UC Berkeley, Carnegie Mellon, Cornell Tech, MIT Media Labs, and Stanford. Currently, the network’s global team is focused on finding disruptive technologies in areas such as machine learning, artificial intelligence, cognitive computing, and cybersecurity, among others.
Watch the video where K Ananth Krishnan, TCS EVP and CTO, gives an overview of TCS COIN™, the multi-perspective IT innovation ecosystem.