Mphasis launches 'Next Labs' for innovation around emerging technologies

Mid-size information technology (IT) services company Mphasis today said it has launched 'Mphasis Next Labs' a strategic initiative for research and innovation on emerging and future paradigms.

Mphasis Next Labs will drive business and technology innovation around company's focus areas like social, mobility, analytics and cloud (SMAC), internet of things (IoT) and automation through applied research, intellectual property (IP) creation, thought leadership and new product, service, platform and solution development. The initiative aims to emphasise on disruptive innovations through leadership and industry relevant solutions, the company said.

"Mphasis Next Labs will closely work with academia, research labs, start-ups and new technology partners across the globe," a company release stated. "With the advent of digital enterprises, there has been a constant and continuous emergence of powerful business and technology forces. These forces such as ambient intelligence, big data analytics, cloud computing, mobility, cross enterprise processes and digital consumers, are all driving huge market opportunities. The requirement of innovation driven technology and a cost effective ecosystem for enterprises to survive is the need of the hour."

Jai Ganesh, who recently joined Mphasis as vice president, will lead Mphasis Next Labs.

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