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Tech Mahindra bets on telecom strength to grow IoT, connected devices biz

Tech Mahindra's net profit stood at Rs 2,813 cr on revenues of Rs 29,141 cr in last financial year

Ayan Pramanik  |  Bengaluru 

Tech Mahindra, India’s fifth-largest IT services firm, looks to tap on its traditional strength in serving telecom customers to expand its business in connected networks and Internet of things. It plans to drive growth through small platforms to solve problems of clients in a targeted approach.  For example, Tech Mahindra is offering software-defined network (SDN) solution with an additional layer of the internet of things (IoT) in the communication technology services business, wherein the company saw sharp fall in revenue in the fourth quarter of last fiscal. The ...

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First Published: Sun, June 18 2017. 22:09 IST
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