Page 24 - Tech Mahindra

Tech Mahindra to set up 5G center of excellence in Washington, Bengaluru

IT company Tech Mahindra Tuesday announced that it will set-up 5G center of excellence (CoE) in collaboration with Intel Technology in Redmond, Washington and Bengaluru. The centre will aim to help communication service providers optimise their capital expenditure on 5G migrations and rollout with help of virtualisation and open source technologies and accelerate new revenue-generating services that will lead the transformation journey, Tech Mahindra said in statement. "We continue to build on our strategic partnership with Intel, collaborating to develop and co-create 5G solutions. With over 926 global customers, including Fortune 500 companies across diverse industry verticals...we are poised to unlock new experiences for these industry verticals with 5G," Manish Vyas, President, Communications, Media & Entertainment Business, and the CEO, Network Services, Tech Mahindra said.

Tech Mahindra partners with Avaamo to develop conversational AI platform

This partnership will include developing and delivering conversational AI solutions for global enterprises

No more pesky calls! Tech Mahindra joins Microsoft to develop a technology

This is apparently first-of-its-kind technology in the world to be deployed to prevent leakages of consumer information from unauthorised telemarketers

Tech Mahindra to acquire Czech-based firm Inter-Informatics for Rs 80 mn

Inter-Informatics had posted a revenue of $10.7 million in 2017. It has presence in Czech Republic and Romania

Tech Mahindra likely to hire 4,000 freshers in next three quarters

The company has already hired about 1,800 fresh graduates in the first quarter of the ongoing fiscal, Tech Mahindra Chief Financial Officer Manoj Bhat said in a recent investor call

Tech Mahindra partners with NV to work on blockchain technology solutions

BS ReporterHyderabad, 3 August: Indian tech company Tech Mahindra today announced a strategic partnership with domestic blockchain company Nucleus.Vision(NV). Under this partnership Tech Mahindra will provide the technology expertise to broaden NV's business reach, and will leverage its telecom affiliates to promote the offering at a global level, the company said.NV currently uses blockchain technology in its customer identification platform- ION, which allows brick-and-mortar retailers to identify any customer who walks into a store, in real-time, using its proprietary sensor technology. Tech Mahindra CEO CP Gurnani said that this collaboration was a testimony of the company's commitment to enable, guide and support start-ups and companies leveraging next generation technologies."The aim of the partnership is to harness blockchain led innovation, and to channelise it globally, by giving access to our vast and expansive customer ecosystem," he said.Tech Mahindra also announced the ...

We are building a war room to boost client engagement: Tech Mahindra CEO

Tech Mahindra's Q1 FY19 numbers lacked the financial firepower of its larger Indian rivals

Tech Mahindra Q1 net profit falls short of expectations at Rs 8.98 bn

Expenses for the quarter rose 8.2% to Rs 72.31 bn

After Nissan, now Tech Mahindra takes space in Kerala to set up IT Center

Tech Mahindra will join its peers including TCS, Infosys, Wipro and Cognizant to set up operations in the state

Tech Mahindra's Gurnani earned most, but Wipro's Neemuchwala took home more

Gurnani earned Rs 1.46 billion in 2017-18, which is 3,150 times the median employee remuneration (MRE) at the company

Tech Mahindra to gain from 5G roll-out; non-telecom revenues to improve

Its operating profit is expected to improve 24% annually over FY18-21

Drop in headcount was due to changing client requirements: Tech Mahindra

Company says it's committed to hiring, added 1700 staff over past two months

Tech Mahindra drives utilisation through lower headcount in FY18

Software headcount reduces by close to 10,000, overall headcount drops 4886

Ours will be increasingly skill-based hiring: Tech Mahindra's C P Gurnani

GDPR is an opportunity for us. To me, the opportunity is the fundamental need for data protection, which obviously means our cyber security practice will gain from this implementation.

Tech Mahindra Q4 net profit doubles to Rs 12.22 billion

Dollar revenue for the quarter grew 10% y-o-y to $1.24 billion and profit of $188 million, up 18% quarter-on-quarter

Tech Mahindra on growth path, is pushing the non-linearity drive

IP-led revenues have continued to positively impact its operating profit margins

Tech Mahindra to invest $79 mn in Canada on AI, blockchain technologies

IT services provider Tech Mahindra will invest CAD 100 million in Canada over the next five years to establish a center of excellence which will work on major technologies such as artificial intelligence (AI) and Blockchain application.These two technologies are driving innovation across industries, especially in the 'Fintech' and 'smart cities' spaces. Tech Mahindra said its expanded Canadian presence will help foster stronger connections with the Canadian innovation ecosystem, both in the business community and in academia. The center of excellence will be based out of Toronto and it will focus on jointly developing cutting-edge business solutions in digital technologies in collaboration with the leading academic institutes, innovators and accelerators in the start-up ecosystem like the Vector Institute.Speaking on the partnership, Navdeep Bains ,Minister of Innovation, Science & Economic Development of Canada said, "We are committed to supporting new well-paying Canadian jobs ..

See 2019 as glass half-full; there are many new opportunities: C P Gurnani

On the back of global recovery, there are many new opportunities to explore, especially in the digital space: CEO & MD of Tech Mahindra

Our upskilling programme will cover 80% of staff by year-end: Gurnani, Bhat

"There is no pattern here. Our focus is on digital technologies and change. There are different levels of readiness from different markets towards such change"

Tech Mahindra to pick up 17.5% stake in Altiostar for $15 mn in cash

Altiostar, was founded in 2011 and has close to 220 employees