Page 51 - SAMENA Trends - February-March 2021

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Tech Mahindra Amongst Forbes Top 50 Organizations in Blockchain for 2021

Tech Mahindra, a leading provider of million mobile phone customers manage Authority of India). The project is unique
digital transformation, consulting and their consent and preferences to avoid in its scale, and today remains one of the
business re-engineering services and spam calls and text messages, was largest live ledger implementations in
solutions, announced its inclusion in the specifically highlighted. The recognition the world to date. Forbes, in its analysis
2021 Forbes Blockchain 50 companies serves as a strong testimony for Tech for Blockchain 50 2021, highlights that
list, a highly respected global listing of Mahindra’s blockchain service capabilities this recognition is an illustration of the
pioneering companies, startups and and provides a strong competitive edge trend of globalization of blockchain
influencers in the distributed ledgers over its peers. In 2019, Tech Mahindra technology and its incipient rise in Asia, in
space. Tech Mahindra has been recognized introduced a blockchain based solution particular. Rajesh Dhuddu, Practice Leader
for its transformative and innovative using Hyperledger, to manage unsolicited in Blockchain and Cybersecurity, Tech
platform-based approach in Blockchain commercial calls (or “spam” calls), in Mahindra, said, “We are delighted to be
implementations for global clients, out of compliance with the regulations and recognized by Forbes as one of the leading
which its implementation enabling 500 guidelines of TRAI (Telecom Regulatory blockchain organizations of the world.
Tech Mahindra is leveraging Blockchain to
solve tough business problems and create
a completely differentiated experience for
end users through a combination of best-
in-class platforms, product innovation and
deep domain expertise. The recognition
further serves as a great testimony of our
investments in Wave2 technologies under
TechMNxt.now charter and the value
we have delivered to our global clients
by implementing several transformative
projects over the years. It is indeed a
matter of great pride that we are the only
Indian company and only IT and digital
services consulting company to feature in
the coveted list.”

Yahsat and Tawazun Collaborate to Develop ‘Made
in the UAE’ SATCOM Solutions

Tawazun Economic Council and the H.E. Tareq Al Hosani, Chief Executive protected, multi-platform satellite modem
UAE’s flagship satellite services operator, Officer of Tawazun, Musabbeh Al Kaabi, for government and defense markets
Yahsat, have signed a Memorandum of Chairman of Yahsat and Masood M. in the UAE and internationally. Yahsat
Understanding (MoU) to establish a new Sharif Mahmood, Chief Executive Officer will play an integral role in ensuring that
company to develop critical in-country and Board Member of Yahsat. Under the new company’s products meet the
capabilities in relation to the development the MoU, the new company will develop requirements of its government customers
and manufacture of advanced satcom technologies and produce products with a differentiated and targeted product
solutions within the UAE, with a focus on around three main streams: Aeronautical strategy, enabling the UAE Government
building intellectual property locally for Satcom Technologies, Satellite Modem and other local and international users
increased national security and advanced Technologies and Enablement of other to address key technology development.
technology development. The MoU Satcom Products and Technologies. It It will source key product development
confirming the planned collaboration will leverage the significant knowledge capabilities from leading solution
was signed during IDEX 2021 by Eisa and expertise establishment in the UAE providers and manufacturers to lay the
Al Shamsi, Deputy General Manager of and will be complemented by select foundation for local production lines and
Yahsat Government Solutions, and Matar international experts to build a global integrated value chain management.
Al Romaithi, Chief Economic Development leader in this sector. The first seed “Yahsat and Tawazun are playing a key
Officer for Tawazun, in the presence of project entails the development of a role in accelerating the advancement of

51 FEB-MAR 2021