New Delhi/Lisbon – October 10th, 2022:
Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services and solutions today announced a strategic partnership with Altice Labs, an innovation center of Altice Group for telecommunications industry. The global partnership will enable both organizations to co-create, innovate and jointly offer end-to-end solutions in Business Support System (BSS), Operations Support System (OSS), connectivity, fibre, and 5G powered by advance data-driven analytics, AI-led digital and cloud native solutions.
The strategic partnership will allow Altice Labs and Tech Mahindra to explore untapped business growth opportunities in the global communications, media, and telecom industry. The combined efforts will provide telcos the agility for building future-ready applications in BSS, OSS and 5G space. The platforms and solutions will help customers transform their technology stake, improve the efficiency, and reduce the operational expense significantly.
Sandeep Phadke, Head of Europe - Communications, Media, Entertainment Business at Tech Mahindra, said, “Telecommunication technologies are vital to the modern digital society. Telco service providers can only ensure a pleasant and uninterrupted customer experience if they innovate rapidly, integrate new services and feature into their existing portfolio of products and services. We are looking forward to partnering with Altice Labs to leverage next-generation technologies that offer scalability, reliability, and technical capabilities to empower the telecommunications eco-system”.
With this partnership, customers can leverage Altice’s integrated products and solutions as well as Tech Mahindra’s implementation and consulting expertise to accelerate the delivery and monetization of new services. Tech Mahindra will use its latest technologies, frameworks, and methodologies to design, build and deploy products and applications that are superior, faster, and cost-efficient for customers.
Alcino Lavrador – General Manager, Altice Labs said, “Our Partnership with Tech Mahindra is a key milestone for us to increase the market positioning and improve our reach to global customers through Tech Mahindra’s ecosystem. We will also leverage Tech Mahindra’s professional services for our product and solution roadmap to execute large-scale transformations with its global experience, modern technology, and service quality.”
Based in Portugal, Altice Labs is focused on the development of innovative products and services for the Information and Communications Technology (ICT) markets. The company promotes cooperation with universities and other I&D institutes worldwide, positioning itself as a knowledge provider, both in the market and in the industry.
The partnership with Altice Labs is in line with Tech Mahindra’s NXT.NOWTM framework, which aims to enhance ‘Human Centric Experience’, with a focus on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.
About Altice Labs
Altice Labs offers solutions in Connectivity, OSS, Digital, Service platforms, Internet & TV areas. Altice labs have a strong R&D and innovation engine at core that enables the company to continuously create products and solutions that are aiming to help companies effectively accelerate digital transformation. Altice Labs solutions are enabling the telecom industry, service providers and other sectors to better do business, increase efficiency, improve the user experience and capture new opportunities.
About Tech Mahindra
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates, and the society to Rise. We are a USD 6 billion organization with 158,000+ professionals across 90 countries helping 1262 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in ‘brand strength’ and amongst the top 7 IT brands globally. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.
We are part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.