SOURCE: Tata Consultancy Services (TCS)

DESCRIPTION:

Solving our most pressing societal challenges requires innovation to be the driving force behind enabling positive social change. With the pandemic accelerating the adoption of digital technologies across sectors, it has become imperative for companies in every industry to innovate faster to set themselves apart.

On Thursday, April 21, TCS launched TCS Pace Port™ Pittsburgh, an advanced research and co-innovation center at Carnegie Mellon University (CMU). For the last 15 years, TCS has been partnering with leading universities to build Pace Ports, which are centers that support advanced research and co-innovation to accelerate the adoption of new technologies by collaborating with local startups, entrepreneurs, students, and educators. In 2021, TCS completed its latest Pace Port at TCS Hall, a LEED Gold-certified building made possible by TCS’ philanthropic gift of $35 million to CMU.

TCS Pace Port Pittsburgh at CMU offers stakeholders from across the U.S. an opportunity to apply cutting-edge technology areas such as AI, blockchain, and quantum computing to drive social impact in areas where it’s needed most. Key capabilities of the new creative hub include:

• TCS Academic Research Lab: A space that allows researchers and CMU experts to gain exposure to the thinking and collaborative ecosystem research environment enabled by TCS, while furthering a research agenda across cutting-edge technology areas such as AI, blockchain, advanced analytics, cybersecurity, and quantum computing.
• TCS Innovation Showcases: A presentation and engagement facility that helps clients visualize the phases of their digital transformation journey.
• TCS Co-Innovation Network (COIN™) Accelerator: A collaborative ecosystem where startups, technology partners, CMU students and faculty, and TCS experts can collaboration on innovations.
• TCS Agile Workspace: A fully equipped, agile working environment to run business solution concepts with devoted virtual environments engineered to simulate real-world conditions.
• TCS Rapid Lab: An incubation lab that aims to accelerate innovation, solve business problems, move faster from concept to design and experience, and accelerate innovation acceptance.
• TCS Think Spaces: A workspace tailored to apply design thinking in discovering engaging ways to build new businesses and new sources of differentiation. Design thinking workshops are customized to help clients uncover new game-changing opportunities.

In 2021, TCS Hall achieved LEED (Leadership in Energy and Environmental Design) Gold certification from the U.S. Green Building Council for its energy efficiency and sustainability. TCS Hall is highly efficient, using 32% less energy than conventional buildings of similar size.

Nearly 30% of construction materials were purchased locally to reduce the carbon footprint of construction. Thirty percent of the building materials also included recycled content, and 75% of the waste created during construction was either recycled or salvaged.

TCS believes in building sustainable businesses that are rooted in the community and demonstrate care for the environment. Its mission seeks to enable an environment of greater consciousness through a process of collaboration with employees, suppliers, customers, and the community at large. TCS Pace Port at CMU is an embodiment of this credo.

Tweet me: .@tcs_na launches TCS Pace Port™ #Pittsburgh, an advanced research & co-innovation center on the @CarnegieMellon University campus. Pace Port offers a place to explore how #AI, #blockchain, #quantumcomputing, & more can drive social impact. More here: https://bit.ly/3vdc8Dy

KEYWORDS: Artificial Intelligence, digital twins, blockchain, quantum computing, NSE:TCS, tata consultancy services (TCS)