Tech mahindra
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Tech Mahindra and Transport Systems Catapult collaborate to deliver Intelligent Mobility solutions

Tech Mahindra Catapult Collaboration on Intelligent Mobility solutions 

London – October 07, 2015 – Tech Mahindra, a specialist in digital transformation, consulting and business re-engineering, today agreed to collaborate with Transport Systems Catapult (TSC), to develop Intelligent Mobility solutions that address the growing capacity, operational efficiency and interoperability challenges faced by the UK supply chain and freight and logistics industries. TSC is one of nine elite technology and innovation centres established by Innovate UK.

The exclusive Memorandum of Understanding brings the two organisations together for three years to collaborate on innovative solutions and business models in the areas of Supply Chain; Freight and Logistics; and Big Data and Data Analytics for the UK Intelligent Mobility market. The initial focus is on the rail freight market, where there is a real need for mobility solutions, with Network Rail predicting an additional 30% increase in rail freight by 2019i, and many existing lines already running at, or near, full capacity. The aim of the partnership is to develop solutions that improve interoperability and create efficient and seamless multimodal transports systems spanning road, rail, air and sea.

As a part of the agreement, Tech Mahindra and TSC will hold workshops and conduct research into the core areas of the freight and logistics industries. The organisations will also form a consortium with SME and research organisations to develop proof of concepts that will initially aid the UK but which can then be commercialised globally through the TSC Catapult.

Mark Ruddy, Chief Operating Officer of Transport Systems Catapult, said: "Transport in the UK is evolving rapidly, we need to draw together disparate and multi-modal elements and move towards a complete "end to end" service, across transport modes. This is the essence of Intelligent Mobility but there is a lot to do to build and maintain the momentum required for change. For example, there is a real need for improvement in the delivery and performance of freight and logistics services in the UK and that includes how we integrate with rail freight. By collaborating with Tech Mahindra we aim to develop fresh thinking for this sector and deliver the evidence, technical and business case demonstrations that will lead the way in improving the seamless transfer of freight between transport modes – contributing to a more efficient and connected industry."

CP Gurnani, MD & CEO at Tech Mahindra commented: "We are proud to be collaborating with an organisation such as Transport Systems Catapult, who shares the same ethos and drive that Tech Mahindra has in developing solutions for a better and more connected future. I believe that the results of this collaboration will lead to innovative solutions and business models that can be rolled out across the globe and lead to greater efficiencies in the supply chain and freight industries."

Upendra Dharmadhikary, Vice President at Tech Mahindra said: "The market potential for Intelligent Mobility is predicted to reach £900bn per year by 2025 and by collaborating with Transports Systems Catapult we can achieve our common aim in developing a digital ecosystem to unlock the commercial potential of this evolution. We have decades of experience in providing global critical end-to-end solutions for the transport and logistics industry, with particular focus on rail transportation, and are looking forward to imparting this knowledge and developing it to meet the specific needs of the UK market. We are strong advocates of the importance of fostering innovation and, alongside our Innovation and Customer Experience Centre in Milton Keynes, look to leverage our presence in the UK and continue to contribute to local innovation."

For Further Queries:

Richa Shah | Media Relations | Email: richa.shah@techmahindra.com

About Transport Systems Catapult

The Transport Systems Catapult is the UK’s technology and innovation centre for Intelligent Mobility, harnessing emerging technologies to improve the movement of people and goods around the world. We are here to support business growth, increase the UK’s share of the global Intelligent Mobility market, and attract investment – creating jobs and generating long-term economic growth.

The Transport Systems Catapult is one of an elite network of not-for-profit technology and innovation centres established and overseen by the UK’s innovation agency, Innovate UK. All Catapults obtain their funds from a combination of core Innovate UK support and competitively won business and public sector funding. In addition, the Transport Systems Catapult is receiving substantial funding from the UK’s Department for Transport. For more information, please visit www.ts.catapult.org.uk

Disclaimer

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.

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Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.6 billion company with 117,200+ professionals across 90 countries, helping over 885 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia (Forbes 2016 list).

We are part of the USD 19 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

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For further information please write to connect@techmahindra.com

For further information please write to connect@techmahindra.com