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PRESS RELEASE
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Rs. 20 crore investment to create new R&D Center in New Technologies
HYDERABAD, July 23, 2015: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, today announced that it is establishing a research effort on Intelligent Systems at IIIT Hyderabad named after Shri FC Kohli.
The FC Kohli Center on Intelligent Systems (KCIS) will be based in the IIIT Hyderabad campus and will act as an umbrella organization at the institute to both strengthen the existing groups and facilitate new activities in related areas. The new center will also act as a force multiplier in attracting projects and funding from other entities in the government and industry sectors, coordinate research in related domains across different centers of IIIT Hyderabad, as well as in the institute’s research collaboration with other academic institutions in the country.
“The Kohli Center on Intelligent Systems will play an important role to coordinate and energize education and research in this critical area at the institute. This will be by intensifying the research done at the institute in these areas and through joint activities involving other academic institutions as well as research labs in the government and industry,” said P J Narayanan, Director, IIIT Hyderabad. “KCIS will help in imparting high-quality training to bachelors, masters, and doctoral students. The vigorous research at KCIS will have the potential to impact the society deeply through forefront research, innovative products, and start-ups.”
“Mr Kohli’s pioneering role in the Indian IT industry is very well documented and TCS is delighted to partner with a world-class institute like IIIT Hyderabad to establish a new research facility in his honor. The new KCIS will carry out high impact research in Intelligent Systems, which is a critical area for carrying out sustainable innovation in topics like natural language processing, robotics and cognitive sciences,” said N Chandrasekaran, CEO and MD, TCS.
Apart from high quality research, the KCIS will focus on entrepreneurship promotion in the Intelligent Systems area as start-up companies are the best means to transform the research in the academic labs for the benefit of the society at large.
KCIS will have a distinct identity within IIIT Hyderabad. It will be based in Himalaya Block B with 60,000 sqft of built up area for research related activities.
About IIIT Hyderabad
The International Institute of Information Technology, Hyderabad (IIIT Hyderabad) is a deemed research university established by the state government in 1998 with the aim of promoting high quality research and education in the core areas of Information Technology, such as Computer Science, Electronics and Communications, and their applications in other domains. IIIT Hyderabad is organized as research centres and labs, instead of the conventional departments, to facilitate inter-disciplinary research and a seamless flow of knowledge within the Institute. It was set up as a not-for-profit public private partnership (N-PPP) and is the first IIIT to be set up (under this model) in India. IIIT Hyderabad has, since its very inception, committed itself to creating technological impact in the society. This has been done through a vision for technical education, cutting-edge research and transformative solutions to real-world problems. Equally significant, IIIT Hyderabad has forged strong ties with the industry across domains and is considered as a key partner in pioneering research by leading business houses with a global presence. Across the years, the institute has been consistently rated among the top technological institutions in the country by various independent agencies. For more information, visit www.iiit.ac.in.
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 324,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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