Osaka, Japan-based Panasonic will jointly work with India’s Tata Consultancy Services (TCS) at its Center of Excellence – a part of the India Innovation Center – that it set up at TCS’s campus in Bangalore.
Both companies will drive innovation and create new business opportunities in the Internet of Things technology, Mobility, and Artificial Intelligence ), reports the Economic Times.
“The key focus of this enterprise will be to bring together Panasonic’s research and development efforts under one cohesive umbrella. This will also strengthen India’s position as a critical region for the corporation to lead innovations in the ISAMEA (India, South Asia, Middle East and Africa) market. It will work as a hub that will be central to developing new age technology driven range of products that will emerge from India for both domestic and global consumption,” said Daizo Ito, managing executive officer, and regional head for ISAMEA.
The platform will bring the best minds from the two countries together to develop transformative solutions on Panasonic’s five key focus areas – Connected/ Community, Mobility, Energy, Industrial and Finance Solutions, said Manish Sharma, president and CEO, Panasonic India and South Asia.