SAN JOSE, Calif. and MUMBAI, India, Dec. 10, 2015 /PRNewswire/ -- Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, today announced a new partnership with Vanderbilt University Medical Center (VUMC) to drive innovation in the healthcare and life sciences fields.
TCS and VUMC will drive specific research in areas including; genomics, metagenomics, systems biology, bio-informatics, improved care management, and advanced healthcare analytics. This important collaboration will also lay the foundation for TCS' COIN™ Emerging Technology network to connect with Vanderbilt University's Center for Technology Transfer and Commercialization (CTTC) start-up community.
"At TCS, we're investing in new and emerging digital technologies to develop innovative solutions that our clients need to re-imagine their businesses," said Suresh Muthuswami, President, Head of Insurance and Healthcare. "TCS and VUMC share a passion and curiosity that will enable us to collectively solve complex healthcare challenges and problems. The unique combination of TCS expertise and solutions, coupled with VUMC academia and private research, will create an environment that accelerates innovation in a critical industry like healthcare."
"Research is one of VUMC's core missions," said Dr. Kevin Johnson, Cornelius Vanderbilt Professor and Chair of Biomedical Informatics, Professor of Pediatrics, Chief Informatics Officer, Vanderbilt University Medical Center. "We are thrilled about this new partnership with TCS, as it allows us to enrich our initiatives to create the largest impact on the lives of people globally and provide the highest quality of research possible."
As a partner in TCS' Co-Innovation Network (COIN™) , the two organizations will combine forces surrounding product development, enhancement capabilities and go-to-market strategies in healthcare IT.
"Being part of TCS COIN™ will help to accelerate the time-to-market for Vanderbilt's start-up community and bring a global perspective to the innovation agenda," said Ananth Krishnan, Chief Technology Officer, TCS.
About TCS Co-Innovation Network (COIN™)
TCS Co-Innovation Network (COIN™) is a rich and diverse network that connects entities such as emergent technology companies, research labs of academic institutions, leading technology vendors, venture funds, and several other research bodies to facilitate collaborative IT and IT services innovation for customers. COIN™ has a dedicated team to watch the technology landscape for new ideas and emergent technologies that can gain market traction in order to feed TCS' robust innovation pipeline. As our network connects to some of the most ambitious venture capital firms in different geographies, we are able to observe funding patterns.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 335,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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About Vanderbilt University Medical Center (VUMC)
Vanderbilt University Medical Center (VUMC) is a comprehensive healthcare facility dedicated to patient care, research, and biomedical education. Its reputation for excellence in each of these areas has made VUMC a major patient referral center for the Mid-South. Each year, people throughout Tennessee and the Southeast choose Vanderbilt for their health care needs, not only because of its excellence in medical science, but also because the faculty and staff are dedicated to treating patients with dignity and compassion. VUMC is home to Vanderbilt University Hospital and Clinics, The Monroe Carell Jr. Children's Hospital at Vanderbilt, The Vanderbilt Psychiatric Hospital, Vanderbilt Stallworth Rehabilitation Hospital and Vanderbilt Health at One Hundred Oaks. VUMC is also home to the Vanderbilt University School of Medicine and Vanderbilt University School of Nursing. Both schools are ranked among the top 20 in the nation by U.S. News & World Report's Best Graduate Schools rankings.
SOURCE Tata Consultancy Services