TCS launches its 5th global research and innovation centre in Toronto

Tata Consultancy Services (TCS) launched TCS Pace Port Toronto, its fifth global research and co-innovation centre. Pace Port Toronto, which spans 16,000 square feet, gives businesses access to the latest technologies and “breakthrough thinking” from TCS Research labs, start-ups, VCs, entrepreneurs, and academia – including the University of Toronto – as well as TCS’ network of Pace Ports in New York, Pittsburgh, Amsterdam, and Tokyo, according to a company statement on Wednesday.

“By connecting to this collective ecosystem of innovators and intellectual property via TCS’ Co-Innovation Network (COINTM), Canadian companies will be able to embrace a hybrid approach to collaborative innovation and set the pace of transformation in their industry,” the company said.

Chief Technology Officer, TCS, Ananth Krishnan, said, “Establishing a Pace Port in Toronto – North America’s fastest growing tech market — is part of a long-term TCS strategic plan for Canada that includes innovation labs, growing and reskilling our workforce, and our ongoing work with schools to support STEM education.

TCS Pace Port hubs worldwide include over 4,000 researchers and innovators, over 2,300 start-up partners, over 30 innovation labs, and 67 academic partners, according to the company.

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