TCS Financial measures Minister: the necessary conditions for open society

Ye Huiyin Health Dalian reports the development of India's Tata Group, which has a history of nearly 140 years, is a history of India's independence from colonial rule. The group is committed to the development of India as an industrial power, and its products and services involve a number of industrial sectors.　　India's Tata Consulting service, the company's holding subsidiary, is relatively younger. After nearly 35 years of development, the company has become the flagship of India's software industry. Its close contact with academia has given it a steady stream of external creative power.　　TCS is currently the largest IT company in India, the largest single software service exporter in India and the largest independent software and services company in Asia.　　Nganapathy Subramaniam, the TCS Finance measures minister, said the establishment of a cooperative innovation network was one of the key drivers of TCS's success. Cooperative Innovation Network "21st Century": As the World Economic Forum selected innovative enterprises, innovation for Tata's growth played a role?　　What are the characteristics of open innovation? Subramaniam: For businesses that want to develop over the long term, it's important to have a strategy that drives growth and good functioning of the business. Innovation is at the heart of the growth and good functioning of the business.　　As one of the pioneers of India's IT industry, TCS is absolutely worthy of the reputation of "revolutionary innovation of IT service offshore delivery". We have a clear overall innovation strategy, implemented and led by the chief technology officer. First, TCS established a dedicated research and development team focused on "basic software Research" in 1982.　　In the past few years, we have established a cooperative innovation Network (COIN) to collaborate with our clients, partners, new Silicon Valley start-ups, venture capitalists, research institutions, and so forth. This network promotes the combination of enterprise and technology to promote innovation, to some extent to create new product demand, and can more effectively solve some business problems.　　In other words, coin enables us to create an innovative economic system that can contribute to all areas of the company. Most businesses, including tcs--, initially relied primarily on companies, but for now, convenience and communication have changed all of this. Open innovation has become popular because it can incorporate all types of people into the same platform. It is found that such an environment is more stimulating and more conducive to the creation of innovative methods and ideas.　　In this sense, TCS builds coin, and we do benefit from this co-operative economy. "21st century": what are the main obstacles to achieving open drive innovation?　　What internal changes are needed and what external forces are introduced to overcome these obstacles? Subramaniam: Many good ideas have not been adopted because of a lack of institutional or formal support mechanisms that encourage innovators to move forward or choose other paths, precisely because of the lack of such mechanisms that have led them to fail. SoIn my opinion, the first and most important thing is to build a supportive mechanism that recognizes new ideas and pushes them forward.　　Second, it is also important to have a convenient way to get the support of venture capitalists, who need to be able to provide financial support and to ensure that innovators have a reasonable amount of time to conduct or end research through strict management.　　Third, it is also important to adopt the necessary legal framework, such as protection of patent rights, to protect innovative activities.　　Finally, it is equally important to approach top talent (both management and technical) with the passion for basic research and the mentality of creating new things. 21st Century: TCS has a lot of experience in software practice, quality licensing and related consulting services in the software industry. TCS is also Asia's largest software services company.　　What are the main factors that help TCS maintain its leadership position in the market? Subramaniam:tcs has developed into the world's top ten IT consulting companies, we have a first-class reputation and products, including groundbreaking global network delivery model. TCS has its own quality competition strategy, taking the lead in implementing quality standards and management systems in India's IT industry through the adoption of IEEE standards, ISO standards, and later SEI CMM frameworks. We became the first organization in India to get CMMI certification. At the same time, in training and research and development investments, we recognize that talents are important and create the best training facilities and courses.　　This means that we have invested in the benefits of 5-8% in training and research and development.　　In addition, we have our own operating system in the fields of investment, organizational model and intellectual property creation. Seize the Future business "21st Century": cloud computing is one of the most attractive technologies in the software and internet industry.　　So what is TCS's strategy and approach in this regard? Subramaniam: Cloud computing is more about infrastructure that provides computing, like CPU, memory, needed networks, and the Internet. Our TCS has reached a new level and has created a cloud platform based on our products and services. Most banks now put cloud computing on the agenda. It starts with the virtualization of their existing settings. Using virtualization software and blade servers typically in their own data centers, most organizations have a private or internal cloud computing environment. For example, we used the "bank cloud" in India to serve small and medium-sized banks as our TCS Bancs core banking platform.　　More than 25 banks are currently using the service, which allows small banks to get the latest technology that only big banks can afford.　　In addition, we have launched the "ion", we are based on the cloud for small and medium-sized enterprises to provide a complete ERP system, including web hosting, e-mail exchange, financial accounting, human resources, accounts payable and Accounts receivable and so on. 21st Century: What are the best business opportunities in the next five years, as you know, including opportunities in your industry and outside your industry?　　Subramaniam: Technology is business, business is technology. Some emerging technologies are about to drive future business. I think they include: nano solar cells and alternative fuels, business related to quantum cryptography and surveillance technology, computer social and physical operations, line sensor networks and pervasive computing, injectable tissue engineering and biotechnology, Software Assurance, sugar chip technology-treating diabetes, cancer, etc. with sugar as a drug. Share to: