Tech Mahindra Market Research Report

Company Overview

Name

Tech Mahindra Limited

Mission

"To help enterprises across industries transform at speed and bring agility, resilience, and efficiency to their businesses."

Founded

Incorporated in January 1986 as Mahindra British Telecom (MBT)

Founders

No information is available.

Key People

Anand G. Mahindra (Chairman, Mahindra Group)

Dr. Anish Shah (Director)

Mohit Joshi (CEO and Managing Director, Tech Mahindra)

Amarjyoti Barua (Director)

Haigreve Khaitan (Independent Director)

Dr. Mukti Khaire (Independent Director)

Shikha Sharma (Independent Director)

Penelope Fowler (Independent Director)

Neelam Dhawan (Independent Director)

Tarun Bajaj (Independent Director)

Headquarters

No information is available.

Number of Employees

147,620

Revenue

$6.20 billion USD Total Revenue

Notable Achievements

Tech Mahindra is known for its extensive digital transformation capabilities, offering comprehensive technology solutions to a wide variety of industries.

Products and Services

Artificial Intelligence

Description: Amplifies businesses by integrating AI into various business processes.

Key Features: Democratizing AI responsibly across business functions.

Business Process Services

Description: Provides innovative solutions to disrupt various industries.

Key Features: Enhances business processes, offering efficiency and adaptability.

Cloud and Infrastructure Services

Description: Powers organizations with robust infrastructure stacks and support technologies.

Key Features: Cloud migration, infrastructure management, and optimization.

Digital Enterprise Applications

Description: Delivers innovation, efficiency, and adaptability in enterprise solutions.

Key Features: Integrated applications for different business needs.

Engineering Services

Description: Facilitates seamless integration of cyber-physical systems.

Key Features: Provides enhanced visibility and predictability.

Experience Services

Description: Focuses on creating memorable customer experiences.

Key Features: Customer engagement and experience management.

Network Services

Description: Enhances network operations for better performance.

Key Features: Network transformation, management, and optimization.

Software Defined Vehicle

Description: Integration of software solutions for vehicle visibility and predictability.

Key Features: Advanced software integration for automotive industries.

Case Studies

Transformed data and analytics applications with AWS.

Enabled seamless cyber-physical integration for various industries.

Recent Developments

New Products Launched

Project Indus Large Language Model (LLM): Developed to converse in multiple Indic languages and dialects. The first phase focuses on Hindi and its 37+ dialects.

Key Features: Simplifies the deployment of advanced AI models, leveraging Dell Technologies' computing solutions and Intel's infrastructure solutions including AI Accelerators.

New Features Added to Existing Products

Collaboration with Dell Technologies and Intel to implement Tech Mahindra’s Project Indus’s ‘GenAI in a box’ framework globally.

Introduced AI-optimized technologies with the Dell AI Factory to accelerate the adoption of AI.

New Partnerships

Google Cloud: Strategic partnership to boost generative AI adoption and lead digital transformation for Mahindra Group entities.

IBM: Collaboration to responsibly accelerate the adoption of generative AI with TechM amplifAI suite and IBM watsonx AI and data platform.

Cisco: Partnership to deliver Next-Generation Firewall (NGFW) modernization solutions.

Microsoft: Alliance to launch a unified workbench on Microsoft Fabric.

AVEVA: Partnership to establish a Center of Excellence for digital transformation.

Fuji TV: Co-develop and produce global entertainment content.

TM Forum: Partnership to cultivate a workforce for global operational excellence for Communication Service Providers (CSPs).

Financial Highlights for Q1 FY25

Revenue: ₹13,005 crores; up 1.0% QoQ, down 1.2% YoY

EBITDA: ₹1,564 crores; up 11.1% QoQ, up 16.9% YoY; Margin at 12.0%

PAT: ₹851 crores; up 28.8% QoQ, up 23.0% YoY

Recognitions and Awards

Recognized as one of the World’s Most Sustainable Companies of 2024 by TIME magazine and Statista.

Ranked #1 amongst Indian Companies and #111 globally in World's Most Sustainable Companies 2024 list.

Awarded the Sustainable Markets Initiative’s Terra Carta Seal for creating a climate and nature-positive future.

Conclusion

Tech Mahindra continues to grow by transforming industries with innovative technology solutions and fostering strategic partnerships aimed at sustainable and rapid growth. The company's efforts in sustainability, AI, cloud technology, and customer-focused solutions have garnered numerous recognitions and positioned them as leaders in the global market.

(Note: This report includes only the information available from the provided data and may lack certain details such as the headquarters location and the founders' specific names.)