Philips CEO Unveils New Innovation Campus in Bengaluru, Reinforcing Commitment to Healthcare Solutions and Technological Advancements in India In a strategic move to bolster its commitment to innovation and healthcare solutions in India, Royal Philips CEO, Roy Jakobs, has announced the opening of a state-of-the-art innovation campus in Bengaluru. The campus, designed to accommodate 5,000 engineers, marks a significant investment in the region’s potential for technological advancements.
The primary focus of the Bengaluru campus is on generative Artificial Intelligence (AI) solutions aimed at addressing healthcare challenges. This underscores Philips’ dedication to leveraging cutting-edge technology to revolutionize the healthcare sector and improve patient outcomes.
With over 9,000 employees across India, Philips has positioned Bengaluru as a key hub for innovation in health technologies. Out of the total workforce, 5,000 employees in Bengaluru will be dedicated to driving advancements in healthcare through the development of generative AI.
This move aligns with Philips’ broader commitment to India, evident in its existing healthcare innovation center in Pune. The company has demonstrated a substantial investment in the country’s growth, with plans for expansions and advancements in various sectors. Beyond healthcare, Philips is set to explore opportunities for growth in areas such as beauty and grooming, showcasing a diversified approach to innovation and market expansion.
As the new Bengaluru innovation campus takes shape, it stands as a testament to Philips’ vision for India as a hub for technological breakthroughs, with a specific emphasis on addressing healthcare challenges through the power of generative AI. The investment not only reinforces Philips’ presence in India but also highlights the country’s importance as a key player in the global landscape of healthcare innovation and technological development.
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