New Delhi – November 25th, 2021:
Tech Mahindra Partners with Cogniac to Provide AI-based Machine Vision Solutions for Enterprises Globally
Tech Mahindra,a leading provider of digital transformation, consulting, and business re-engineering services & solutions, has announced partnership with Cogniac, a San Jose, California-based provider of enterprise-class Artificial Intelligence (AI) image and video analysis, to simplify data management for enterprises globally by providing AI-based Machine Vision Solutions. The partnership will enhance operational productivity for enterprises by maximizing the value of visual data across industries, including automotive, railway, manufacturing, and government.
Tech Mahindra and Cogniac’s AI based Enterprise Vision Platform will enable enterprises to capitalize on the latest developments in Artificial Intelligence and convolutional neural networks to deliver superhuman operational performance across sectors including manufacturing, logistics, packaging, transportation and other industrial sectors. The partnership will integrate Tech Mahindra’s deep domain expertise in business data analysis and industrial manufacturing with Cogniac’s latest AI models, cloud computing and big data management capabilities to create a machine vision solution that will eliminate existing bottlenecks. It will enable automation within the manufacturing processes especially in the quality inspection area. This will significantly increase the throughput and profitability of the enterprises.
Rahul Bhuman, Vice President and Head of Emerging Business, Tech Mahindra – “Tech Mahindra has been at the forefront of delivering Human Centric Experiences by leveraging innovative technology solutions. In this partnership, with the combined capabilities of Tech Mahindra and Cogniac, we will help customers leverage visual data across sectors, which is currently underutilised. With an aim to deliver transformative enterprise machine solutions that are highly agile and scalable, we have re-aligned our strategy and delivery model to accelerate the customer’s transformation journey, in sync with NXT.NOWTM framework.”
The partnership will provide a comprehensive solution to enterprises globally to operationalise visual data collection and analysis, including advanced insights, trends, and outliers. This will help organisations to leverage currently underutilized visual data to optimize operations and foster growth & productivity, thus, further positioning Tech Mahindra as a go-to provider of cognitive inspection for the industrial manufacturing customers.
Vahan Tchakerian, Chief Partnership Officer, Cogniac, said, “We’re pleased to partner with Tech Mahindra and bring in their AI data analysis expertise to our enterprise vision platform. With Tech Mahindra’s data synthesis capabilities, we will be able to provide necessary and relevant information to customers and enable them to make data-informed business decisions. Often the data already exists but isn’t used effectively; our partnership and integration with Tech Mahindra provides the additive and valuable business insights against which customers can execute.”
Tech Mahindra believes in DigitALL philosophy for comprehensive Business Transformation. Digital technologies catalyze the transformations – they humanize businesses by helping them think, sense, connect, communicate, secure and act better than before. As part of NXT.NOWTM framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.
About Tech Mahindra
Tech Mahindra offers innovative and customer -centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 5.1 billion organization with 141,100+ professionals across 90 countries helping 1123 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. Tech Mahindra has consistently emerged as a leader in sustainability and is recognized amongst the ‘2021 Global 100 Most sustainable corporations in the World’ by Corporate Knights. 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.
About Cogniac Corporation
Cogniac offers the most advanced enterprise Visual Intelligence Platform. Cogniac enables businesses to realize superhuman levels of accuracy and efficiency in complex environments, from manufacturing to industrial, government to marine. Cogniac’s technology maximizes the value of the newest and most abundant form of data – visual data. By deploying Convolutional Neural Networks and Hyper Parameter Optimization, Cogniac’s platform achieves process performance optimization with very little technical knowledge required from human subject matter experts. For more information, visit Cogniac.ai