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Tech Mahindra

Tech Mahindra

Tech Mahindra is an Indian multinational provider of information technology, networking technology solutions, and business support services to the telecommunications industry.

OverviewStructured DataIssuesContributors

Contents

OverviewHistoryNXT.NOWTechMNxTDigitALLVirtual and Open RAN solutionPartnership with ArmSale of AltiostarTimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
techmahindra.com
techmahindra.com/en-in
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Information technology consulting
Information technology consulting
Human resources
Human resources
IT service management
IT service management
Cybersecurity
Cybersecurity
Network security
Network security
Consulting industry
Consulting industry
Manufacturing
Manufacturing
14
Private equity
Private equity
14
...
Location
India
India
Pune
Pune
Mumbai
Mumbai
B2X
B2B
B2B
CEO
C. P. Gurnani
C. P. Gurnani
Founder
Mahindra Automotive
Mahindra Automotive
AngelList URL
angel.co/tech-mahindra-38
Pitchbook URL
pitchbook.com/profiles.../14389-39
Legal Name
Tech Mahindra Limited
Parent Organization
Mahindra Group
Mahindra Group
Number of Employees (Ranges)
10,001+
Email Address
alliances@techmahindra.com
Phone Number
+912266882000
Number of Employees
125,9401
Full Address
Sharda Centre Off Karve Road Pune, Maharshtra 411004 India
Founded Date
1945
13
Competitors
Ericsson
Ericsson
Support.com
Support.com
Hexaware Technologies
Hexaware Technologies
HCL Technologies
HCL Technologies
Capgemini
Capgemini
Cognizant
Cognizant
Accenture
Accenture
Huawei
Huawei
...
Business Model
Subscription
Stock Symbol
TECHM.NS
TECHM
Exchange
National Stock Exchange of India
National Stock Exchange of India
Key People
Satish Pai
Satish Pai
Sudeep Chopra
Sudeep Chopra
Vivek Agarwal
Vivek Agarwal
Vineet Vij
Vineet Vij
Vikram Nair
Vikram Nair
Meenu Bagla
Meenu Bagla
Mao Mohapatra
Mao Mohapatra
Manish Vyas
Manish Vyas
...
Wellfound ID
tech-mahindra-38
Country
India
India
Headquarters
Pune
Pune

Other attributes

Company Operating Status
Active
Strategic Partnerships
Unity
Unity
11
BurstIQ
BurstIQ
Contact Page URL
techmahindra.com/en-in/...act-us/
Invested in
Altiostar Networks
Altiostar Networks
TradeIX
TradeIX
Medium URL
medium.com/tech-mahindra
Partner Organizations
VMware
VMware
16
Public/Private
Public17
Ticker Symbol
TECHM.NS
Wikidata ID
Q1131463
Overview

Tech Mahindra is an IT services and consulting company offering a variety of technological solutions and services in addition to business process services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, and cybersecurity; while business process service is offered across industries, including telecommunications, financial services, retail, energy, hospitality, agriculture, and food beverage. Tech Mahindra is a part of the Mahindra Group.

History

Tech Mahindra began as a joint venture between Mahindra & Mahindra and British Telecom in 1986. The technology outsourcing firm was split, with British Telecom owning around a 30 percent stake in the company. By December 2010, British Telecom sold stake, around 5.5 percent, of Tech Mahindra to Mahindra & Mahindra. In August 2012, British Telecom sold a further 14.1 percent of its stake to institutional ventures, before selling the remaining 9.1 percent of the British Telecom's stake in Tech Mahindra in December of the same year to institutional investors. The December 2012 sale of equity in the company marked British Telecom's exit from Tech Mahindra.

NXT.NOW

Tech Mahindra's consulting and technology development solution, NXT.NOW, describes the company's approach in the services they offer. This change was made with the global changes that occurred in 2020, which the company felt invalidated previous models in people operations, methods, technology, and supply chain, among others. The new, three-tier approach to developing client solutions includes the steps imagine, build, and run.

In this paradigm, imagine stands for the company's commitment to helping clients define how an industry will change, and how the company can proactively meet that progression. Build represents the company's commitment to develop systems and processes for clients to overcome and succeed through industry difficulties. And run represents Tech Mahindra's commitment to helping client companies' performance through continuous business operations.

As part of this paradigm shift, Tech Mahindra has also said the company is committed to offering end-to-end strategies and advisory services informed by the company's work in emerging technology trends, including 5G, cloud computing, data analytics, blockchain, artificial intelligence, and cybersecurity.

TechMNxT

The company's in-house philosophy to ensuring their solutions remains at the forefront of a given technology. TechMNxT works to provide answers and solutions to client companies with a focus on disruptive technologies, non-linear growth with platforms, and through collaboration with new partners to develop solutions. This is intended to describe Tech Mahindra's holistic approach to developing solutions and technologies.

The strategy focuses on three megatrends, four technology bets, and three outcomes for the companies—what Tech Mahindra calls its 3-4-3 strategy. The three main trends the company is focused on include the development of intelligent devices, the power of new technologies, and the exponentiality of content consumption. The four big bets of Tech Mahindra include artificial intelligence, 5G, blockchain, and cybersecurity. While the three outcome objectives of Tech Mahindra, for their client companies, include to help the client company run better, change faster, and grow greater.

DigitALL

DigitALL is Tech Mahindra's philosophy of comprehensive business transformation. As per this philosophy, the company works to provide digital transformation for stakeholder needs, and organizational goals across multiple business layers, including product/service, business model, and business process. This is intended to use digital technology to help humanize businesses and help them think, sense, connect, communicate, secure, and act better than before.

These different approaches are intended to put an organization on the track of digital evolution with a defined value creation, to help a company avoid wasting needless capital on digital transformations without a clear idea of the intended and possible outcomes. This is further to develop a variety of specific characteristics to help a company stay relevant. They are

  • Purpose-driven, technology-enabled businesses
  • Providing simple, trustworthy, and sustainable brand experiences
  • Focusing on hyper-collaboration between humans and human and machines
  • Encouraging the culture of experimentation and value orchestration
  • Higher-order learning-organizations using data and cognitive capabilities

The company's DigitALL services include strategy and design services, which are intended to help a client define a digital strategy in context of their business strategy and market needs; digital customer service, intended to help clients engage with customers across the customer lifecycle; intelligent operation services, which work to help client companies use digital technology to improve the efficiency of their business and technology operations; and future enterprise services, which work to help clients experiment with new technologies and determine how to use them to create future opportunities.

Virtual and Open RAN solution

Tech Mahindra offers virtual and open RAN solutions through the company's network services and communication services verticals.

For communications, the company focuses on the use of virtualization technologies to help develop access network infrastructures with new capabilities. The company's virtual and open RAN solution offers virtualization of LTE access networks and can help develop 5G networks as the continue to be deployed. This is also considered a lower cost solution, as the virtualization can reduce operations costs. The solution virtualizes network functions over COTS servers and is intended to enable smart and effective control over network resources.

For network services, Tech Mahindra visualizes virtual and open RAN solutions as an enabling technology for IoT use cases and immersive augmented reality and virtual reality experiences, with the solution offering network operators a chance to further develop access network infrastructures with virtual capabilities, beyond a proprietary hardware-based network to a software-defined network. Tech Mahindra emphasizes the flexibility and cost-effectiveness of a software-defined network as compared to a hardware-defined network in this solution, while it offers similar access solutions to those described above, with additional features to help deploy applications towards the edge of the network.

In both contexts, Tech Mahindra highlights the benefits of a virtual and open RAN solution:

  • RAN's high-capacity capability of handling heavy data streams to enable new use cases
  • Reduction of expenditure and operational costs for networks
  • Smart RAN's capability of self-optimization, self-healing, and configuration
  • RAN's capability of smart resource allocation based on capacity requirements
  • Establishment of architecture qualified to deploy a 5G network with associated IoT use cases

And, in both contexts, Tech Mahindra includes the following in their virtual and open RAN solutions offerings:

  • vRAN based small cell solution
  • vRAN based micro cell solution
  • vRAN based macro cell solution
  • vRAN based massive MIMO/AAS solution
  • mMwave based solution
Partnership with Arm

As part of Tech Mahindra's development of virtual and open RAN solutions, the company partnered with chipmaker Arm to open a virtual "5G solutions lab," which is intended to provide a live test environment for Arm's customers in chip production, network design, network operations, and enterprise fields for 5G network solutions. Further, it is intended to offer an environment where different developments in the private 5G and open radio networking (RAN) spaces can be mixed and matched to find new possibilities. Those expected to make use of the facility include Google Cloud, Marvell, NVIDIA, NXP, Qualcomm, DISH, Vodafone, Accelleran, Mavenir, Paralllel Wireless, and Radisys.

Sale of Altiostar

Tech Mahindra claims to be independent and vendor-agnostic in the solutions the company has built. However, in its virtual and open RAN solutions, the company's prior investment and equity stake in Altiostar, a US-based software company and open RAN evangelist, has brought the company criticism from rivals such as Parallel Wireless and Mavenir. With some suggesting this as an influence, in 2020, regardless of motivations, Tech Mahindra sold the company's stake to Japan's Rakuten, a co-investor in Altiostar. This also deepened Tech Mahindra's relationship with the Rakuten Communications Platform. These moves are seen as part of the telecommunication's industry slow forming of clusters around preferred suppliers, despite the industry's push for open solutions and interoperability.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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References

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