IT major Tech Mahindra today said it has bagged a USD 75 million contract from Nevada's Department of Motor Vehicles (DMV) as the prime integrator for a system modernisation project.
The 5-year contract for modernising DMV's operations will see Tech Mahindra deploy digital solution to help provide better customer service, reduce transaction processing time, and increase speed-to-market of offered NV DMV products and services, Tech Mahindra said in a statement.
NV DMV is primarily responsible for issuing drivers licenses, vehicle registrations and license plates in Nevada state of the US.
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The total contract value including infrastructure and services is USD 75 million over a five-year period, it added.
"This is not just a technology upgrade. We are creating a motor vehicle agency that will be second to none in delivering fast and efficient service to the public," DMV Director Terri L Albertson said.
Arvind Malhotra, Cluster head of Strategic Accounts at Tech Mahindra said the company will be implementing the solution in a phased manner leveraging agile methodology and a very modern IT architecture.
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Tech Mahindra head of enterprise business in continental Europe and British Telecom engagement unit Rajesh Chandiramani in a statement said, "We will help Stockmann in significantly enhancing its operational efficiency in the fast evolving retail landscape globally."
Meanwhile, TechM also announced launch of a virtual network function (VNF) exchange, along with a number of leading new age providers of software defined networks (SDN) and network functions virtualization (NFV) products.
