The report by Zinnov highlights leadership in Research & Development (R&D) capabilities market
Press Release - Pune – October 9, 2013: Tech Mahindra Ltd. a specialist provider of connected solutions to the connected world and enabling future digital enterprises, today announced that Zinnov Management Consulting Pvt. Ltd, a leading Globalization and Market Expansion Advisory firm has recognized Tech Mahindra in the Leadership zone for the second consecutive year and ranked us among the top 4 global integrated engineering and product engineering R&D service providers. Also, the company is rated in the Leadership zone across four major industry verticals – Aerospace, Automotive, Telecom, and Industrial.
Zinnov's Global R&D Service Provider Ratings (GSPR) for 2013 were conducted across 10 major industry verticals with more than 200 R&D service providers across geographies including India, China, Russia, Eastern Europe, & APAC. Tech Mahindra featured in the study that follows a structured process of selection from the filtered list of top 75 Research & Development service providers.
Zinnov has a distinct framework of classifying the service providers in Nurture, Breakout, Execution and Leadership Zone where leadership zone refers to the ability to provide concept to go-to market solutions for the customers.
Karthikeyan Natarajan, Global Head, Integrated Engineering Solutions, Tech Mahindra said, "We are delighted to be named by Zinnov as the top service provider in the R&D and Engineering services and leader in the aerospace, automotive, telecom and industrial verticals. This achievement reflects our continued commitment, focus and investments towards quality processes and innovation methodologies on core product development, to improve time to market and cost competitiveness for our customers”
Sundararaman Viswanathan, Consulting Manager, Zinnov Management Consulting said “Tech Mahindra is an established leader in the Aerospace, Defense, Automotive, and Telecom product engineering space. Tech Mahindra has a good spread of customers across the Industry value chain and hence deep capabilities, well-funded lab infrastructure, and a sustained investment and focus on building solution accelerators for “Future Digital enterprise.”
Mahesh Nagaraj, Head - Strategy, Telecom Product Engineering, Tech Mahindra said, “We are delighted to be able to retain our leadership position for second year in a row. Powered by an entrepreneurial culture, we are leveraging our collective expertise to co-innovate with our customers and to deliver solutions that are cutting edge and help us further enhance our leadership position.”
Integrated Engineering Solutions (IES) delivers solutions enabling “Future Digital Enterprise” across Aerospace and Defense, Automotive, Industrial Equipment, Transportation, Consumer Products, Energy and Utilities and Hi-Tech products. With 30+ exclusive engineering development centers supporting new program launches and 100+ marquee global customers, IES is recognized as an established player for Engineering Services in the industry.
Tech Mahindra’s Product Engineering group offers services to Telecom Equipment Manufactures, Device Vendors & Service Providers that enable them to bring feature rich, quality intense and cost optimized products & services to the market in a quick turnaround time. Our exclusive focus in telecom, exposure to a broad breadth of technologies, high-end labs and vast experience has enabled several TEM’s in developing next generation solutions and maintaining successful products. With 50+ customers the product engineering group is the leader in Telecom R&D services.