Tech Mahindra’s Post

Tech Mahindra's big push for growth: Will new CEO & MD Mohit Joshi's strategy work? Siddhesh Mehta, a Research Analyst at Samco Securities, says Tech Mahindra can use its synergies to provide clients with comprehensive solutions. He cites the relationship between chip manufacturers and automotive OEMs as an example. “It opens doors to new markets and clients that Tech Mahindra may not have been able to access independently. Plus, the benefit of shared R&D efforts leads to faster innovation and adoption of new technologies,” he says. Communications, media, and entertainment account for 40% (See graphic ‘Revenue Roster’), and it is obvious why Joshi is so bullish about that segment and AI. “It is still at an early stage, similar to how electricity transformed the world in the 1800s. The opportunity is to understand how businesses can be transformed through AI,” he says. From his point of view, there are three use cases—contact centre transformation, talent, and developer productivity. The approach is to first ask a client in, say, the telecom business what is being done through transf­­ormation, which leads to conversations with people building AI models apart from doing it themselves. “It is important for us to understand the impact on our clients. At the end of it, we are an enterprise tech firm,” says Atul Soneja, the company’s COO. https://bit.ly/3PRNuCm

Hey Connections!!! A Article about Tech Mahindra: Empowering Digital Transformation R Velusamy Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services, stands as a beacon of innovation in the global technology landscape. Established in 1986 as a joint venture between Mahindra & Mahindra and British Telecom, the company has evolved into a powerhouse of digital solutions, serving clients across industries worldwide. At its core, Tech Mahindra is committed to leveraging cutting-edge technologies to drive business growth, enhance operational efficiency, and deliver exceptional customer experiences. With a diverse portfolio of services spanning digital strategy, IT consulting, enterprise applications, cloud computing, cybersecurity, and more, the company caters to the evolving needs of enterprises in the digital age. One of Tech Mahindra's key strengths lies in its deep industry expertise and domain-specific knowledge, enabling it to tailor solutions that address the unique challenges and opportunities faced by clients in sectors such as telecommunications, banking and financial services, healthcare, manufacturing, and retail. Innovation is at the heart of Tech Mahindra's DNA, with the company continuously investing in research and development to stay ahead of the curve in emerging technologies such as artificial intelligence, blockchain, Internet of Things, and 5G. Through its innovation labs, centers of excellence, and strategic partnerships with leading technology providers, Tech Mahindra drives innovation at scale, delivering transformative solutions that drive business value and fuel growth. Moreover, Tech Mahindra places a strong emphasis on sustainability and social responsibility, integrating environmental, social, and governance (ESG) principles into its business practices. The company's TechMNxt charter embodies its commitment to sustainability, innovation, and digital inclusion, guiding its efforts to create a more sustainable and equitable future for all stakeholders. In an increasingly interconnected and digital world, Tech Mahindra remains dedicated to helping organizations harness the power of technology to unlock new opportunities, overcome challenges, and thrive in the digital economy. With its blend of expertise, innovation, and commitment to excellence, Tech Mahindra continues to be a trusted partner for enterprises embarking on their digital transformation journey.#snsinstitutions #snsdesignthinking #designthinkers #techmahindra

Here's a simplified explanation of the article: _Anand Mahindra's Vision for Tech Mahindra_ 1. Tech Mahindra's Chairman, Anand Mahindra, believes AI will revolutionize the IT industry. 2. He thinks the company is ready to "leap into this new orbit" under new leadership. 3. Tech Mahindra struggled in recent quarters, but Mahindra is optimistic about its future. _Three-Year Roadmap_ 1. The company has a three-year plan to achieve profitable growth. 2. The plan focuses on structure, strategy, technology, client focus, skill development, talent management, and performance enhancement. 3. The goal is to integrate AI into core business functions and enhance IT services. _CEO's Strategy_ 1. CEO Mohit Joshi outlined a three-pronged strategy for revenue growth and margin improvement by FY27. 2. The plan includes growth strategy, operations strategy, and organization strategy. 3. FY25 will be the turnaround year, with new investments and cost optimization. _CP Gurnani's Legacy_ 1. CP Gurnani, the former CEO, retired after 11 years in the role. 2. Anand Mahindra praised Gurnani's contributions, including expanding the business vision and revenue growth.

Hello Connections, As I have received a positive response from you for the Company research analysis that I posted last week on IDFC First Bank so I choose to do analysis of another sector, that is, Technology which is one of the most booming sector in India. KPIT Technologies KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate implementation of next generation mobility technologies. I selected this company for research as it is relatively new in market but shows very promising results in a growing sector even among tough competitors. KPIT is a leading software integrator covering prototype development, actual software development, validation and testing. The services are categorized into Feature Development & Integration, Architecture Consulting & Middleware, and Cloud-based connected services. The company was formed by a three-step complex deal between KPIT Technologies Ltd and CK Birla Group's Birlasoft. The main aim of the complex restructuring by KPIT was to separate its IT and Engineering Services business. Now let’s take a glimpse at the fundamentals of the company. Company is expected to give good quarter. Company has delivered good profit growth of 326% CAGR over last 5 years. Company has been maintaining a healthy dividend payout of 29.1%. Only concern in this company is it's decrease in promoter holding, dependency on foreign market and investors and the stock is trading at 21.7 times its book value, thus the company seems to be over-valued. Overall, the company has a consistent sales growth, 19% return on equity and a whopping 327% of compounded profit growth in last 5 years.  Conclusion In the ever-evolving tech symphony, KPIT Technologies orchestrates a melody of innovation and resilience. While leveraging strengths and capitalizing on external opportunities, the company must conduct a harmonious balance – addressing weaknesses and fortifying against external threats. KPIT's prowess in navigating this intricate composition will determine its continued crescendo in the tech arena. KPIT Technologies can ascend to tech leadership by intensifying industry-specific innovation, especially in the electric vehicle (EV) and smart manufacturing domains. Embracing strategic partnerships for global reach, nurturing a robust talent pool, and staying at the forefront of digital transformation will fortify KPIT's position. Capitalizing on the EV revolution, Industry 4.0, and sustainable tech trends can propel KPIT into a frontrunner, orchestrating India's tech revolution with agility, innovation, and unwavering focus on industry specialization. If you like this then comment, like and connect with me to get more of financial and business analysis.

New era of growth begins under CEO Mohit Joshi. Tech Mahindra is all set for unparalleled growth by maximizing synergies within the #MahindraGroup. Check out his strategy to know how we plan to achieve this. #TechMahindraGrowth #SynergyMaximization #UnparalleledGrowth https://lnkd.in/dpVmByZ7

The latest trends in the industry reveal a multitude of developments that are shaping the future landscape of business and technology. From the growing interest of High Net-Worth Individuals in IPO-bound companies to the surge in renewable energy investments, the industry is witnessing significant shifts in various sectors. Trouble continues to mount for some big players, with Paytm's recent decision to slash jobs after exiting certain sectors, and Wipro filing a complaint against a former employee. On the other hand, companies like Ola Electric and BharatPe are seeing rapid growth, with the former gearing up for an IPO and the latter reporting nearly three-fold revenue growth in FY23. In the tech realm, the attention is on the latest developments such as the launch of Vivo X100 series smartphones and the rollout of new features by WhatsApp, Telegram, and Apple. Additionally, the potential merger of Reliance Industries and Disney's Indian media operations is generating excitement in the industry. In the midst of all these, the emergence of new platforms like SCOPE, an invite-only networking platform for startups, and the Indian government's launch of the MedTech Mitra platform are indicative of the evolving ecosystem in the industry. As we step into 2024, these top stories and trends are likely to continue shaping the narrative of the industry, providing valuable insights for professionals and businesses alike. Stay tuned for more developments as we navigate through the constantly evolving world of business and technology.

BLAZE: Scaling at Speed for Success - We just wrapped up our Global Sales Kickoff that brought the might of Tech Mahindra, all under one roof. I was struck by the palpable energy and #TogetherWeRise sense of purpose that permeated the event. The central theme of "Scale at Speed" resonated deeply, capturing the evolving needs of enterprises that now demand both scale and speed, rather than having to choose between the two. This shift is driven by a confluence of factors, including the rise of AI, the consumerization of technology, demographic changes, and geopolitical dynamics. Underpinning this strategy is a commitment to simplifying processes, fostering a culture of accountability and responsibility, and challenging the status quo. Get ready to experience the power of scale at speed! #RazorSharpFocus

Have you heard about Tech Mahindra's remarkable growth in the UK? This leading provider of digital transformation, consulting, and business re-engineering services is making waves by creating new revenue streams and adding 1,000 jobs in the UK. (As of 2022: source: The Economic Times) Founded in 1986 by Anand Mahindra, the company is part of the Mahindra Group, a multinational federation of companies with a strong presence in various industries. So, why is Tech Mahindra thriving in the UK? Here are 3 compelling reasons: 1️⃣ 𝗔𝗜 𝗮𝗻𝗱 𝗗𝗮𝘁𝗮 𝗦𝗰𝗶𝗲𝗻𝗰𝗲 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀: Tech Mahindra is using AI and data science to fuel its growth in the UK. Collaborating with academia, research institutions, and start-ups, the company is leading in co-innovation and digital transformation, impacting AI development not only in the UK but also across the 90+ countries it operates in. 2️⃣ 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗖𝘂𝘁𝘁𝗶𝗻𝗴-𝗘𝗱𝗴𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀: Tech Mahindra's emphasis on next-gen technologies like AI, the metaverse, and sustainable tech is driving its expansion in the UK. This forward-looking approach allows Tech Mahindra to enrich the 'Human Centric Experience' and bring tomorrow's experiences to the present. 3️⃣ 𝗕𝗿𝗮𝗻𝗱 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵 𝗮𝗻𝗱 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: Tech Mahindra's brand value has surged by 66% since the start of the pandemic, showcasing its robust performance and successful integration of sustainability with digital transformation. The company's commitment to leveraging advanced technologies such as 5G, Blockchain, Quantum Computing, and Cybersecurity is facilitating comprehensive digital transformation for its global clientele. But was all that easy? No, expanding a business in the UK isn’t easy. We all know about the complexities of the UK immigration policies. To make the journey easy for you, 𝗪𝗲 𝗮𝘁 𝗦𝗺𝗮𝗿𝘁𝗠𝗼𝘃𝗲𝟮𝗨𝗞 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘇𝗲𝗱 𝗴𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘀𝗼 𝘁𝗵𝗮𝘁 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗵𝗮𝘃𝗲 𝗮 𝘀𝗺𝗼𝗼𝘁𝗵 𝘁𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗨𝗞. 𝗜𝗳 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝗺𝗼𝗿𝗲 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗶𝗺𝗺𝗶𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗼𝗰𝗲𝘀𝘀, 𝗙𝗲𝗲𝗹 𝗳𝗿𝗲𝗲 𝘁𝗼 𝗗𝗠 𝗺𝗲 𝗼𝗿 𝗰𝗼𝗻𝘁𝗮𝗰𝘁 The SmartMove2UK 𝘁𝗼𝗱𝗮𝘆! #businessgrowth #ukimmigration #success

In V.Rajanna's (President, Technology, Software & Services, Tata Consultancy Services Ltd.) industry keynote at the 31st HYSEA National Summit and Awards, the spotlight was on Hyderabad's dynamic IT industry, experiencing a remarkable 30% growth, backed by a substantial ₹22,000 crores investment from the Government of Telangana for education and infrastructure. The keynote emphasized AI's pivotal role in enhancing customer experience, efficiency, and addressing healthcare and education challenges, positioning Hyderabad as a potential global AI capital. Rajanna recommended a strategic roadmap for identifying the city's next growth sector in the coming 5-10 years and highlighted Hyderabad's significant role in TCS's expansion plans. The transformative impact of AI on various industries, including sales journeys, contact centers, and developer communities, was underscored. Rajanna also shared insights on the booming global AI market, projected to reach $42 million by 2028 with a CAGR of 39.4%. NITI Aayog's efforts to create opportunities in AI, the potential for 1 million direct employment opportunities by 2026, and the role of autonomous systems in cost reduction were key points discussed. Collaboration between government, industry, and management teams was emphasized as crucial to achieving these goals and sustaining Hyderabad's growth trajectory. #EventRecap #31stHyseaNationalSummitAndAwards #CelebratingTheFutureOfAI Prashanth Nandella | Isaac Rajkumar l Kishore Borra | Hari Raja | Sairam Vedam | Jitendra Chakravarthy Putcha | Ramana Telidevara | Uma Gogineni | Ramalinga Reddy Gundlapally |Jaya Rama Krishna Nutulapati | Ramesh Loganathan | Sheenam Ohrie | Sesha Rao | Neeraja Vijender | Shanti Devulapalli | J A Chowdary (JA) | Narsimha Rao Mannepalli | Suresh Lingamaneni | #VRajanna | Ranga Pothula | Bharani Kumar Aroll | Rama Lingireddy | Flt Lt Bipin Chandra Dutt Pendyala | Saurabh Chandra . . . . . STPI - Software Technology Parks of India |Broadridge India | ServiceNow | Mindspace Business Parks | VAMSIRAM BUILDERS AND DEVELOPERS PRIVATE LIMITED | Boston Consulting Group (BCG) . . ICICI Bank | NSL Infratech | HSBC | ProHance | PAL . . T-Hub | CIE IIIT Hyderabad | Speed Infra Developers | Qcity Hyderabad #EventRecap #31stHyseaNationalSummitAndAwards #CelebratingTheFutureOfAI

#MCAtDavos | Tech Mahindra's CEO Mohit Joshi expressed confidence in bringing back high margins and growth for the company. Read more here👇 Chandra R. Srikanth #Davos2024 #WEF #WEF Tech Mahindra