Tata Consultancy Services (TCS), said on Wednesday it signed a 10-year strategic partnership with one of Brazil’s leading higher education and research institutions, Insper. It will also invest R$ 50 million (about $8.6 million) to accelerate innovation across South America. The IT major said that collaboration aims to advance industry innovation for TCS customers in South America by leveraging technologies like AI, GenAI, IoT, and spatial computing.

TCS in a filing with BSE, said, the proposed research initiatives include satellite-based geo-sensing to enhance crop yields, reduce the down time in offshore oil rigs, and using AI to accelerate new drug development. TCS will offer its customers across the region exclusive access to its cutting-edge research and innovation capabilities, combined with Insper’s academic expertise, ecosystem, labs, and expert resources, said the firm.

Bruno Rocha, country head, TCS Brazil, said, “The common idea between the two institutions is to establish a bridge with the market to serve companies with different profiles more effectively. This partnership will allow us the access to academic expertise, ability to collaborate with the business and engineering capabilities Insper possesses, build a collaboration space for our customers to visit and bring the business, environmental and societal changes in Brazil for the better through our customers.”

The partnership aims to drive innovation across diverse industries such as banking, financial services, insurance, energy and resources, manufacturing, healthcare and life sciences, among others. Rodrigo Amantea, head of the Paulo Cunha Innovation and Entrepreneurship Hub at Insper, said, “This collaboration with TCS reinforces Insper’s mission to promote innovation and transformation in Brazil. The development of engineering and computing projects has been one of the pillars of our institution, and this partnership will place us at the forefront of developing solutions for real-time company problems. It will also help offer new learning and experience opportunities for our students.”

In April this year, TCS launched a new delivery center in Londrina, Paraná, Brazil, with the aim of creating more than 1,600 new job opportunities over the next five years.

Tata Consultancy Services (TCS), said on Wednesday it signed a 10-year strategic partnership with one of Brazil’s leading higher education and research institutions, Insper. It will also invest R$ 50 million (about $8.6 million) to accelerate innovation across South America. The IT major said that collaboration aims to advance industry innovation for TCS customers in South America by leveraging technologies like AI, GenAI, IoT, and spatial computing.

TCS in a filing with BSE, said, the proposed research initiatives include satellite-based geo-sensing to enhance crop yields, reduce the down time in offshore oil rigs, and using AI to accelerate new drug development. TCS will offer its customers across the region exclusive access to its cutting-edge research and innovation capabilities, combined with Insper’s academic expertise, ecosystem, labs, and expert resources, said the firm.

Bruno Rocha, country head, TCS Brazil, said, “The common idea between the two institutions is to establish a bridge with the market to serve companies with different profiles more effectively. This partnership will allow us the access to academic expertise, ability to collaborate with the business and engineering capabilities Insper possesses, build a collaboration space for our customers to visit and bring the business, environmental and societal changes in Brazil for the better through our customers.”

The partnership aims to drive innovation across diverse industries such as banking, financial services, insurance, energy and resources, manufacturing, healthcare and life sciences, among others. Rodrigo Amantea, head of the Paulo Cunha Innovation and Entrepreneurship Hub at Insper, said, “This collaboration with TCS reinforces Insper’s mission to promote innovation and transformation in Brazil. The development of engineering and computing projects has been one of the pillars of our institution, and this partnership will place us at the forefront of developing solutions for real-time company problems. It will also help offer new learning and experience opportunities for our students.”

In April this year, TCS launched a new delivery center in Londrina, Paraná, Brazil, with the aim of creating more than 1,600 new job opportunities over the next five years.