7/13/22, 12:43 PM tcs: TCS launches its 5th global research and innovation centre in Toronto - The Economic

on centre in Toronto - The Economic Times

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Business News › Tech › ITES › TCS launches its 5th global research and innovation centre in Toronto

TCS launches its 5th global research and

innovation centre in Toronto
PTI Last Updated: Jul 13, 2022, 11:24 AM IST
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Synopsis

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TCS Pace Port hubs around the world include over 4,000 researchers and innovators,

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more than 2,300 start-up partners, over 30 innovation labs, and 67 academic partners.

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Tata Consultancy Services NSE -0.90 % (TCS) launched TCS NSE -0.90 %
Pace Port Toronto, its fifth global research and co-innovation centre. Spanning
16,000 square feet, Pace Port Toronto provides companies with access to the Popular in Tech
latest technologies and "breakthrough thinking" from TCS Research labs, start- 1. Unacademy founders,
management to take pay
ups, VCs, entrepreneurs, and academia - including the University of Toronto - cuts; shut global test prep
as well as TCS' network of Pace Ports in New York, Pittsburgh, Amsterdam, and business

Tokyo, a company statement said on Wednesday.

2. Byju’s $800 million funding

round yet to close; edtech
says Byju Raveendran
Plugging into this collective ecosystem of innovators and intellectual property completed $400 million
through TCS' Co-Innovation Network (COINTM) will enable Canadian infusion

https://economictimes.indiatimes.com/tech/information-tech/tcs-launches-its-5th-global-research-and-innovation-centre-in-toronto/articleshow/928… 1/8
7/13/22, 12:43 PM tcs: TCS launches its 5th global research and innovation centre in Toronto - The Economic Times

companies to embrace a hybrid approach to collaborative innovation to set 3. Cognizant rejig may make
digital arm nimbler, stem
the pace of transformation in their industry", it said. attrition, say analysts

Chief Technology Officer, TCS, Ananth Krishnan, said, "Establishing a Pace

Port in Toronto - North America's fastest growing tech market -- is part of a
4. How Elon Musk damaged
Twitter and left it worse off

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." 5. Lightspeed raises $500
million to invest in startups
across India, Southeast Asia

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TCS Pace Port hubs around the world include over 4,000 researchers and
innovators, more than 2,300 start-up partners, over 30 innovation labs, and 67
academic partners, it was stated.
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https://economictimes.indiatimes.com/tech/information-tech/tcs-launches-its-5th-global-research-and-innovation-centre-in-toronto/articleshow/928… 2/8