Expands Global Co-Innovation Program and Deepens Ties with Australian Research Community
Sydney | Mumbai, November 3, 2016: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading IT services, consulting, and business solutions firm, has signed a memorandum of understanding to pursue technology research collaboration with the University of New South Wales (UNSW).
The agreement will enable the university and TCS to work together in areas of common interest such as machine learning, virtual reality, robotics, data analytics and cloud computing.
The MOU also opens the prospect of exchanges of scholars and internships for UNSW students at TCS’s global research facilities.
The agreement was signed by Ananth Krishnan, Chief Technology Officer, TCS, and Professor Brian Boyle, Deputy Vice-Chancellor Enterprise, UNSW, at the TCS Asia-Pacific Summit in Sydney.
Welcoming the agreement UNSW’s Professor Boyle said, “There is a lot that UNSW and Tata Consultancy Services can offer each other. UNSW excels in taking our research breakthroughs and partnering with industry to make a significant global impact. Working with TCS will build on UNSW’s strong international links and help accelerate innovation by opening up new opportunities around the world.”
Ananth Krishnan, Chief Technology Officer, TCS, said, “TCS is delighted to form an alliance with UNSW and further deepen its ties with the Australian academic research community. Forming academic alliances is all about bringing technology breakthroughs to life. Working together we can help take promising ideas which stem from pure technology research and give them real-world applications.”
TCS has formed alliances with major academic institutions worldwide to encourage new developments in the area of research. The academic alliance program, is part of the company’s Co-Innovation Network (COIN), which provides an environment for co-operative IT research in leading-edge technologies across multiple sectors.
The University of New South Wales is a top ranked research university with a proud tradition of sustained innovation, focusing on areas critical to the future. UNSW has 52,000 students from 120 nations, and is ranked #1 in Australia for producing millionaires (#33 globally); and ranked #1 in Australia for graduates who create technology start-ups. Ranked in the world’s top 50, UNSW’s Faculty of Engineering is a powerhouse of research and is home to the largest cohort of engineering students in Australia.
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 371,000 of the world’s best-trained consultants in 45 countries. The company generated consolidated revenues of US $16.5 billion for year ended March 31, 2016 and is listed on the BSE Limited and National Stock Exchange of India Limited. For more information, visit us at www.tcs.com.
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