Mphasis launches 'Next Labs' to focus on innovation around emerging tech

Mphasis has launched ‘Mphasis Next Labs’ – a strategic initiative to research and innovate on emergent and future paradigms. Mphasis Next Labs aims to leverage innovations in business and technology to drive creative disruptions.

The focus will be on emerging paradigms innovation (social media, mobility, advanced dnalytics, Big data, cloud computing, Internet of Things); services innovation (application development & management, infrastructure services, BPO), business innovation (new business models, industry vertical specific solutions) and open innovation (innovation crowdsourcing, IP licensing, academic partnerships).

Jai Ganesh, who recently joined Mphasis as vice president and head of Mphasis Next Labs, will lead the initiative to focus on disruptive and transformational innovations.

Mphasis Next Labs will closely work with academia, research labs, startups and new technology partners across the globe.

Co-creation with clients is the key mode of operation for this initiative where joint innovation projects are defined and solved. The core team will consist of digital strategists, developers, product specialists, user experience designers, graphic designers, data scientists and business analysts. It is an interdisciplinary group that explores application of fundamental principles, models and theories from mathematics, statistics, industrial engineering, operations research, psychology, economics and computer science to drive innovation and deliver business value.

“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,” Ganesh Ayyar, CEO, Mphasis, said.

“Mphasis Next Labs is an investment in the space of co creation and enablement of the Generational Shift. Our mantra for success is customer centricity and customer relevance. As we speak, some collaborative work that we are doing will challenge the status quo in the IT Services space. Very relevant and down to reality but disruptive play,” he added.