The hub will be used to build domain-specific solutions that utilize the combinatorial power of AI, IoT and 5G technologies to help global enterprises across industries accelerate their digital transformation journeys.
Designed to facilitate massive data flows with very low latency and ultra-high reliability, 5G and edge computing are expected to transform every industry in the coming years. The technology industry ecosystem anticipates a new wave of technology investments from progressive enterprises looking to harness the power of 5G, AI and other emerging technologies.
The new hub will utilize TCS' expertise in digital technologies, along with Qualcomm Technologies' depth in 5G, edge AI and edge devices to build systems to entirely new use-cases.
The Innovation Hub will explore the possibilities opened up by 5G in different industries – such as healthcare, automotive, manufacturing, retail, utilities. Systems developed at the hub will help customers embrace new business models, offer differentiated products and value-added services, deliver sophisticated customer experiences, and generate new revenue streams.
"The convergence of 5G, AI and edge computing will open unprecedented opportunities for value creation in industrial automation, autonomous vehicles and other industries," said V Rajanna, Global Head, Technology Business Unit, TCS.
According to Rajen Vagadia, Vice President, Qualcomm India Private Limited and President, Qualcomm India & SAARC, Qualcomm is extending its long relationship with TCS into a more strategic collaboration through the Innovation Hub and exploring “new and innovative use cases of 5G technologies and AI relevant to India and enterprises across the globe.”