Tata Consultancy Services (TCS) today launched its enterprise-wide innovation programme to mark the silver jubilee of its research centre, the Tata Research Development and Design Centre (TRDDC).

With this, the company has upped its total spend on innovation to 4.5 per cent of its revenue.

K Ananthkrishnan, chief technology officer, said, “Core R&D accounts for 0.26 per cent of our overall revenues and an enterprise-wide innovation programme will account for 4.5 per cent of our overall revenues.”

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