Innovation at an unprecedented pace
The first global pandemic in a century, a war in Europe, exponential advances in AI, increasing cyberattacks, and financial system instability have shown business leaders how difficult predicting the future can be.
However, these very events have created the bedrock for astounding innovation in all sectors of economy and society. Vaccines that would have taken years to develop and administer were available in months on the back of digital technologies. Upgrades in communication technologies, robotics, and extended reality were catalysts to technology adoption skyrocketing. Advances in generative AI have shown that abilities that were considered uniquely human are within the grasp of machines.
The need for resilient innovation models
The future is rife with an unstable business environment caused by climate change, rising inequity, cyber incidents, geopolitical instability, supply chain disruption, and resource exhaustion.
Successfully navigating these challenges means rehearsing the future by tapping into the collective mind, while using imagination and technology to simulate future states. To this end, innovation models need to be built on a core purpose. They need to have a longer-term vision to deliver value repeatedly and be inclusive so others can participate.
TCS Innovation Forum 2023, North America
C-suites are under tremendous pressure to be prepared for future disruptions-both known and unknown.
This year’s TCS Innovation Forum, which will be held at Cornell Tech, will bring together leaders from business and academia to discuss agile, business-focused, and collaborative strategies that help companies innovate for a responsible and resilient future.
During the event, leading chief innovation officers, chief technology officers, and other executives will discuss how they stay ahead of the curve, their perspective on the future, and what it means to plan for unforeseen consequences.
The Cornell Tech campus also houses TCS Pace Port™ New York, which is open to clients of all industry verticals to co-create and co-innovate in an ecosystem comprising TCS Research and Innovation, academic experts, and rising start-ups. The center offers solutions designed with emerging technologies such as AI-ML, the internet of things, advanced analytics, and augmented reality, virtual reality, mixed reality, and extended reality, among others.
What’s in store?
One of the breakout sessions at the event will discuss innovation-driven resilience.
As challenges mount—from new cyberattack techniques to downtime from natural disasters—executives everywhere turn to technology to ensure business continuity and stability. The session will feature specific advice and experience from executives who have helped their organizations build a strong digital core that keeps systems up and the business nimble in the face of any challenge.
Another session will cover a current global hot topic—generative AI for competitive advantage. While it is only recently that it has started to dominate the headlines, this technology represents the synthesis of the past decade of data innovation and has the potential to transform every business in every industry in the coming years. Experts will share how generative AI can be integrated across diverse use cases to empower employees, drive new business models, and more.
The final session will touch upon reimagining customer experience using the metaverse. Skyrocketing technology adoption and evolving consumer expectations have been forcing functions for B2B and B2C companies to reevaluate their customer journeys. Executives will discuss how organizations are harnessing data to drive mass personalization, engaging with ecosystems to create exponential value, and leveraging the metaverse to interact in innovative ways.
Stay tuned for more stories from TCS Innovation Forum 2023.