Telit and Tech Mahindra partner on IoT for enterprises
August 9, 2016
London-based IoT enabler Telit, has announced its multi-faceted collaboration with Indian company Tech Mahindra. The relationship is centred on combining and integrating Telit’s portfolio of IoT products and services with Tech Mahindra’s system integration expertise and strengths in developing end-to-end enterprise services.
Both companies are also jointly pursuing business opportunities across many markets and industries, such as IoT horizontal and industrial IoT around the world. Additionally, Telit has reached an agreement to outsource related engineering development and testing activities to Tech Mahindra.
As companies explore how the IoT can help them improve operational efficiencies and drive new business models, many – especially large multinational enterprises – remain intimidated by having to put all the pieces together by themselves. Telit and Tech Mahindra are jointly addressing these concerns by offering clients complete end-to-end IoT consulting, development and operations that reduce the complexity, risk, cost and time to market versus trying to develop a custom project in house.
Under its system integration and IT consultancy services, Tech Mahindra’s IoT experts have been fully trained and certified in designing end-to-end services around Telit IoT modules, connectivity and cloud-based platforms.
“Tech Mahindra and Telit are each strategically focused on capitalising on the exponential growth across many IoT verticals and together we are positioned to grow at a pace greater than or equal to the industry,” said Karthikeyan Natarajan, senior vice president at Tech Mahindra. “This collaboration will address the broad IoT with particular emphasis on the industrial internet and Industry 4.0 programmes of our manufacturing customers across automotive, aerospace, medical, discrete and hi-tech manufacturing verticals.”
Telit and Tech Mahindra each have expertise working with companies large and small that rely on mission-critical performance, security and scalability. Both companies are already engaged in several industrial customer projects together, including a leading global heavy equipment company. Their joint capabilities can be applied to other companies seeking to transform their business models with IoT enabled real-time remote machine monitoring and control, production diagnostics, predictive maintenance, and asset tracking.
“Telit is very excited about this collaboration with Tech Mahindra, resulting in far-reaching technical and business synergies that offer a new way for companies to on-board to the internet of things,” said Fred Yentz, CEO of Telit. “Together we can help organisations transform their business with end-to-end IoT, from ideation generation, to system architecture, proof of concept development and full commercial deployments that are integrated with their existing enterprise systems.”
Tech Mahindra is a US$ 4bn company with more than 107,000 employees across 90 countries, helping over 800 global users including Fortune 500 companies. It is part of the $17.8bn Mahindra Group that employs more than 200,000 people in over 100 countries.