TCS to launch Research and Innovation Hub in Hyderabad, India

TCS is now launching an advanced research and innovation hub in Hyderabad for incubating digital solutions for consumer packaged goods (CPG) companies using SAP products.

The TCS CPG Innovation Hub will address industry-specific use cases across Industry 4.0 and the digital supply chain, catering to the needs of the clients looking to speed up and scale up their innovation initiatives. It will provide a structured framework for clients to ideate better, work on creative solutions faster and achieve their purpose-driven goals.

Sudhakar Gudala, Global Head, CPG, TCS, said, "We are proud to launch this next-gen innovation hub in collaboration with SAP. The hub leverages our deep domain and contextual knowledge of our customer’s business, innovation mind-set, and SAP S/4HANA as the core, to support our customers’ multi-horizon transformation journeys. Our digital capabilities combined with our accelerators, proprietary tools, and templates will empower our customers to innovate at speed and scale and stay ahead of the digital curve".

Harris Fogel, Global Vice President, Consumer Products, SAP SE, said, "We are excited that TCS is working closely with SAP to showcase innovative best practices to help our consumer products customers transform digitally to achieve end-to-end visibility across their organizations. This will help them drive revenue growth, supply chain agility, and margin improvement. The TCS CPG Innovation Hub is yet another testament to our partnership in the areas of Industry 4.0 and the digital supply chain. Customers will be able to experience the ‘art of the ’possible in this innovation hub as they start their digital transformation journey".

TCS said in a statement that it would leverage a consumer-centric industry template on SAP S/4HANA integrated with the SAP digital supply chain, SAP Trade Management and SAP Customer Experience solutions to help CPG companies make the most of their SAP investments and achieve their superior business outcomes.

Apart from that, customers can experience a series of CPG platform solutions built on the SAP business technology platform, which personalizes experiences and helps innovate faster with business context.

The company also revealed that the partnership would help customers to transform digitally to achieve end-to -end visibility across their organizations. This will help them drive revenue growth, margin improvement and supply chain agility.