Transforming its business model to offer disruptive technologies in the field of IoT, mobility, artificial intelligence (AI), etc., Panasonic India has opened its first Innovation Center (IIC). The Center of Excellence (CoE) in association with Tata Consultancy Services (TCS) is under the aegis of IIC and also the first innovation hub from India, Bengaluru. The platform will bring the best minds from the country together to develop transformative solutions on Panasonic's five key focus areas are – connected/community, mobility, energy, industrial, and finance solutions. This state-of-the-art facility will be located at the TCS-Bengaluru.
The CoE will focus on open Innovation in the consumer electronic space and leverage the technology already available with Panasonic India, and create geography-centric USPs to develop innovative solutions. TCS will bring in industry know-how, best global innovation practices, and create an ecosystem for Panasonic to shape the future product strategy, and enable in digital transformation.