The Tata Group has announced a 15-fold increase in innovations by Tata companies over 10 years of Tata InnoVista.
The Tata InnoVista is a group-wide programme, held annually by the Tata Group Innovation Forum (TGIF) to encourage, recognise and showcase outstanding innovations done by Tata companies. Started in 2006, Tata InnoVista has become an indicator of the success of the innovation drive in the Tata group — and of the inherent capabilities of its people.
Tata InnoVista 2015 received 1,580 projects under the Promising Innovations category as compared to 101 in 2006, signifying a 15-fold increase. The Promising Innovations category recognises innovations that have been successfully implemented during the year.
Out of these 1,580 projects received, the top 60 innovations are expected to deliver an estimated financial benefit of $1.1billion annually and are likely to touch the lives of 35 million people, globally, over a five-year period.
The Promising Innovations category has six sub-categories: New Products, New Services, Core Processes, Support Processes, Services Enabling Customer and Social.
The Promising Innovations awards went to:
New Products
Jaguar Land Rover for ‘New Discovery Sport Pedestrian Airbag System'
Metahelix Life Sciences for ‘MC 13, a path breaking Seed in Bold Rice Segment'
New Services
Tata Consultancy Services for ‘iON Digital Evaluation'
Core Processes
Tata Consultancy Services for ‘Robotic Process Automation'
Tata International for ‘Reactive filler for leather from hazardous waste'
Titan Company for ‘Seamless - Journey towards world-class'
Support Processes
Tata Consultancy Services for ‘Automation for enhanced learning & graded assessment'
Services Enabling Customer
Tata Consultancy Services for ‘SmartZoom5 - A smart digital microscope'
Tata Consultancy Services for ‘TCS SIAM - Maestro of the multi-supplier symphony'
Social
Tata Consultancy Services for ‘Creating tomorrow's leaders, today: STEM initiative'
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