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Panasonic opens innovation centre with TCS in Bengaluru

IANS  |  Bengaluru 

Japanese consumer electronics major Panasonic on Thursday opened its first Innovation Centre (IIC) in collaboration with global software major (TCS) in this tech hub to develop transformative solutions for its wide range of products.

"The Centre of Excellence (CoE) in the IIC will focus on five domains spanning connected home/community, mobility, energy, industrial and financial solutions, with the partners collaborating in the knowledge of technologies, industry best practices and understanding of the growing domestic market," said the Indian arm of Panasonic in a statement here.

Transforming its business model to offer disruptive technologies in the Internet of Things (IoT), Mobility and Artificial Intelligence (AI), Panasonic is foraying into local manufacturing and development of appliances.

"The Centre, located in the IT bellwether's campus, will focus on open innovation in the consumer electronic space, leverage the technology with us and create geography centric USPs to develop innovative solutions," said Panasonic Managing Executive Officer Daizo Ito on the occasion.

will bring in industry know-how, global innovation practices and create an ecosystem for Panasonic to shape its future product strategy and enable in digital transformation.

The Centre will also bring Panasonic's research and development efforts under one roof, which will strengthen India's position as a critical region for the Japanese behemoth to lead innovation in the region, spawning India, South Asia, West Asia and Africa market.

"We believe a holistic centre is a key step towards our vision of being an autonomous body for the region and will drive innovations for a smart future. The consumer trends and behaviour is similar across these markets, giving an edge to lead the innovation in this space," asserted Panasonic Chief Executive Officer Manish Sharma.

The association with will open new dimensions and modernise technological thinking in Panasonic, whose aim is to build a dynamic platform where technology meets innovation, young minds meet opportunity and industry meets solutions.

"Our partnership with Panasonic is unique as our knowledge and expertise will enable market specific smarter, disruptive and innovative solutions," added Vice President Regu Ayyaswamy in the statement.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Panasonic opens innovation centre with TCS in Bengaluru

Japanese consumer electronics major Panasonic on Thursday opened its first India Innovation Centre (IIC) in collaboration with global software major Tata Consultancy Services (TCS) in this tech hub to develop transformative solutions for its wide range of products.

Japanese consumer electronics major Panasonic on Thursday opened its first Innovation Centre (IIC) in collaboration with global software major (TCS) in this tech hub to develop transformative solutions for its wide range of products.

"The Centre of Excellence (CoE) in the IIC will focus on five domains spanning connected home/community, mobility, energy, industrial and financial solutions, with the partners collaborating in the knowledge of technologies, industry best practices and understanding of the growing domestic market," said the Indian arm of Panasonic in a statement here.

Transforming its business model to offer disruptive technologies in the Internet of Things (IoT), Mobility and Artificial Intelligence (AI), Panasonic is foraying into local manufacturing and development of appliances.

"The Centre, located in the IT bellwether's campus, will focus on open innovation in the consumer electronic space, leverage the technology with us and create geography centric USPs to develop innovative solutions," said Panasonic Managing Executive Officer Daizo Ito on the occasion.

will bring in industry know-how, global innovation practices and create an ecosystem for Panasonic to shape its future product strategy and enable in digital transformation.

The Centre will also bring Panasonic's research and development efforts under one roof, which will strengthen India's position as a critical region for the Japanese behemoth to lead innovation in the region, spawning India, South Asia, West Asia and Africa market.

"We believe a holistic centre is a key step towards our vision of being an autonomous body for the region and will drive innovations for a smart future. The consumer trends and behaviour is similar across these markets, giving an edge to lead the innovation in this space," asserted Panasonic Chief Executive Officer Manish Sharma.

The association with will open new dimensions and modernise technological thinking in Panasonic, whose aim is to build a dynamic platform where technology meets innovation, young minds meet opportunity and industry meets solutions.

"Our partnership with Panasonic is unique as our knowledge and expertise will enable market specific smarter, disruptive and innovative solutions," added Vice President Regu Ayyaswamy in the statement.

--IANS

fb/vgu/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Panasonic opens innovation centre with TCS in Bengaluru

Japanese consumer electronics major Panasonic on Thursday opened its first Innovation Centre (IIC) in collaboration with global software major (TCS) in this tech hub to develop transformative solutions for its wide range of products.

"The Centre of Excellence (CoE) in the IIC will focus on five domains spanning connected home/community, mobility, energy, industrial and financial solutions, with the partners collaborating in the knowledge of technologies, industry best practices and understanding of the growing domestic market," said the Indian arm of Panasonic in a statement here.

Transforming its business model to offer disruptive technologies in the Internet of Things (IoT), Mobility and Artificial Intelligence (AI), Panasonic is foraying into local manufacturing and development of appliances.

"The Centre, located in the IT bellwether's campus, will focus on open innovation in the consumer electronic space, leverage the technology with us and create geography centric USPs to develop innovative solutions," said Panasonic Managing Executive Officer Daizo Ito on the occasion.

will bring in industry know-how, global innovation practices and create an ecosystem for Panasonic to shape its future product strategy and enable in digital transformation.

The Centre will also bring Panasonic's research and development efforts under one roof, which will strengthen India's position as a critical region for the Japanese behemoth to lead innovation in the region, spawning India, South Asia, West Asia and Africa market.

"We believe a holistic centre is a key step towards our vision of being an autonomous body for the region and will drive innovations for a smart future. The consumer trends and behaviour is similar across these markets, giving an edge to lead the innovation in this space," asserted Panasonic Chief Executive Officer Manish Sharma.

The association with will open new dimensions and modernise technological thinking in Panasonic, whose aim is to build a dynamic platform where technology meets innovation, young minds meet opportunity and industry meets solutions.

"Our partnership with Panasonic is unique as our knowledge and expertise will enable market specific smarter, disruptive and innovative solutions," added Vice President Regu Ayyaswamy in the statement.

--IANS

fb/vgu/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22