Both companies are also jointly pursuing new 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.
“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 onboard to the Internet of Things,” said Fred Yentz, CEO, Telit IoT Platforms.
Together we can help organizations transform their business with end-to-end IoT solutions – from ideation generation, to system architecture, proof of concept development and full commercial deployments that are integrated with their existing enterprise systems.
With this partnership, the duo plans to jointly offer their clients complete end-to-end solutions such as IoT solution consulting, solution development and operations that reduce the complexity, risk, cost and time to market versus trying to develop a custom project in house.
Furthermore, Tech Mahindra claims that under its vast system integration and IT consultancy services, its IoT experts have been fully trained and certified in designing end-to-end solutions around Telit IoT modules, connectivity and Cloud-based platforms.
“Tech Mahindra and Telit are each strategically focused on capitalizing 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 and Global Head, Engineering Services, Tech Mahindra.
This collaboration will address the broad IoT solutions with particular emphasis on the industrial internet and Industry 4.0 programs of our manufacturing customers across Automotive, Aerospace, Medical, discrete and hi-tech manufacturing verticals.
Telit and Tech Mahindra hold that their joint capabilities can be availed by any company seeking to transform its business model with IoT enabled real-time remote machine monitoring and control, production diagnostics, predictive maintenance, or asset tracking solutions.