Both the companies will work to enable innovative solutions for the connected world
New Delhi, India – September 18, 2014 – Tech Mahindra Ltd. a specialist provider of connected solutions, today announced it will work together with Bosch Software Innovations, the software and systems house of the Bosch group to develop an ecosystem to enable innovative solutions for the connected world and connected enterprises.
By 2022, approx. 14 billion devices are expected to be connected directly or indirectly with the internet. Tech Mahindra’s Digital Enterprise Solutions group, headed by Dr. Rishi Bhatnagar will work with Bosch Software Innovations to develop proof of concepts and solutions that will focus on developing connected solutions for smart cities, enterprises and smart homes.
“Tech Mahindra is delighted to be associated with Bosch Software Innovations in this exciting journey of Internet of Things,” says CP Gurnani, MD & CEO, Tech Mahindra. “With Tech Mahindra’s expertise in various verticals such as Telecom, Big Data, and Analytics we are confident of providing customer centric solutions for creating tomorrow’s connected world.”
“Just in time decision making is something that Internet of Things applications needs to enable. With innovative software development methodologies and flexible data models of Bosch and the innovation ecosystem of Tech Mahindra we believe we have the right skills to develop and deliver connected applications to this connected world,” said Dr.Ing. Rainer Kallenbach, chairman of the board of management of Bosch Software Innovations.
International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, believes that the Internet of Things is going to fundamentally change the way we live and work. "As we move into a connected future where things are continuously connected to other things, organizations will need to seize the opportunity and change to meet the ever increasing demands of their customers, whether it is through basic monitoring technology or to a fundamental change to the business model," said Dr Christopher Holmes, Managing Director, IDC Asia/Pacific Insights.
Digital Enterprise Services (DES) division of Tech Mahindra offers innovative and customer-centric services and solutions integrating technology with business that answer today’s issues, anticipate tomorrow’s needs and create Future Proof and Future Ready Solutions using seven technologies namely Networks, Mobility, Analytics, Cloud, Security, Social and Sensors. Digitalization of business value chains would significantly impact business ecosystem and IT ecosystem of the enterprises. Enterprise applications providers, technology, and Infrastructure vendors realized the power of the confluence of disruptive technologies like Cloud, Big data, Mobile, Social, Sensors etc. and the next-gen solutions developed with the nexus of these forces.
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About Tech Mahindra
Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering solutions. We are a USD 3.2 billion company with 92,000+ professionals across 51 countries. We provide services to 632 global customers including Fortune 500 companies. Our innovative platforms and reusable assets connect across a number of technologies to deliver tangible business value to all our stakeholders.
We are part of the USD 16.5 billion Mahindra Group that employs more than 180,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership.
Connect with us on www.techmahindra.com
Bosch Software Innovations GmbH, the Bosch Group’s software and systems house, designs, develops, and operates innovative software and system solutions that help our customers around the world both in the Internet of Things and in the traditional enterprise environment. We place particular focus on the topics of mobility, energy, industry, banking and insurance. Our software suite is the perfect foundation not only for projects relating to the Internet of Things but also for projects in the fields of Device Management (M2M), Business Process Management (BPM) and Business Rules Management (BRM).
With some 600 associates worldwide, Bosch Software Innovations has locations in Germany (Berlin, Immenstaad, and Stuttgart), Singapore, China (Shanghai), Australia (Melbourne), and the United States (Chicago and Palo Alto).
More information can be found at www.bosch-si.com.
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Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company’s actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.