Page 38 - SAMENA Trends - January 2022
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REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

                                                               insurers in accelerating their transition to cloud-based platforms
                                                               and provide end-to-end  engineering  with  a  strong European
                                                               nearshore presence. We welcome the CTC team into the Tech
                                                               Mahindra family, and we expect to achieve significant market and
                                                               service line synergies through this combination.” Through these
                                                               investments, Tech Mahindra  will  bolster its  global leadership
                                                               and demonstrate  its  commitment in  building  differentiated
                                                               capabilities for accelerating  the digital transformation in the
                                                               insurance,  reinsurance,  and  financial  services.  CTC's  expertise
                                                               and  experience  in  delivering marquee  solutions for  customers
                                                               will  complement  Tech Mahindra's  offering to  provide end-to-
                                                               end  digital  engineering,  Artificial  Intelligence,  Machine  Learning
                                                               and DevSecOps capabilities. The acquisition will also help Tech
                                                               Mahindra to scale its  European  presence  with over 700 highly
                                                               skilled  IT  professionals in  contemporary  technologies  and
                                                               processes. Avraham  Shaked, Co-Founder,  Com Tec Co IT  Ltd,
                                                               said, “Since  our  inception  over  20  years ago, we have scaled
                                                               sustainably entirely through  customers’  recommendations
                                                               and delivered award-winning  strategic  solutions  for them in
                                                               the insurance  and reinsurance  industry.  Becoming  a  part  of  a
        directly reach their customers through digital channels. Surance is   global entity like Tech Mahindra will give us immediate access to
        an end-to-end personal cyber insurance solution that focuses on   global scale and create a tremendous growth and development
        vulnerability assessment, cyber protection, and cyber insurance   opportunity for our people  and  the business.”  The acquisition
        coverage. Vivek  Agarwal,  President  -  BFSI,  HLS,  and Corporate   underlines  Tech  Mahindra’s  focus on digital  growth, under  the
        Development,  Tech Mahindra, said,  “The Insurance  industry  is   NXT.NOWTM  framework, which  is  focused  on leveraging  next
        currently undergoing a significant transformation which is driven   generation  technologies  to deliver disruptive solutions  today,
        by new emerging business models, that are powered by disruptive   and further enable digital transformation, meet the evolving and
        digital technologies. In order to enable this digital transformation,   dynamic needs of its customers.
        we are investing in strengthening our capabilities to support


        Tech Mahindra  Achieves Data Analytics Specialization  in  Google  Cloud
        Partner Advantage Program

        Tech Mahindra,  a  leading provider of digital  transformation,   with the expertise and solutions they need to get the most out
        consulting, and business re-engineering services & solutions, has   of their cloud  investments.”  Tech Mahindra is  a  Google  Cloud
        announced that it has achieved the Data Analytics specialization   Partner with over 1000 trained resources. The company is slated
        certification  in  the  Google  Cloud  Partner  Advantage  Program,   to triple their Google Cloud workforce by 2023 to help customers
        solidifying its expertise within the data analytics space. This is the   enable digital transformation by leveraging Google Cloud with a
        fourth recognition for Tech Mahindra’s partnership with Google   focus on Anthos, IOT, AI/ML and digital workspaces. It has built
        Cloud. As a premier partner for Google Cloud, Tech Mahindra has   a  dedicated Google  Cloud Practice which includes  consulting
        been at the forefront of enabling cloud adoption for enterprises   services for assessing  the migration of workloads, including
        globally.  Suri Chawla, Global Head,  Cloud.NXT, Tech  Mahindra   SAP, to Google  Cloud;  Managed Services for providing ongoing
        said, “At  Tech  Mahindra, we are committed  to continuously   services and Domain Solutions based on Next-Gen technologies
        develop our ability to bring the latest state of the art technology   like IOT, Analytics and AI/ML. Tech Mahindra is also a Strategic
        to our  customers  and enhance  business  value across various   GSI partner for Google Cloud across North America, EMEA and
        industries by leveraging Google Cloud. We are uniquely positioned   APAC regions. Tech Mahindra believes in DigitALL philosophy for
        to leverage  Google  Cloud  Edge  technology, 5G, and securely   comprehensive Business Transformation. Digital technologies
        manage network centric solutions with Google Cloud Anthos for   catalyze the transformations – they  humanize businesses  by
        our clients. Being accredited with Data Analytics Specialization   helping  them think, sense,  connect,  communicate,  secure and
        is  yet another  testament to our commitment  towards the   act better than before. As part of NXT.NOWTM framework, which
        same.” Derrik Thompson, Global Head of Partner Differentiation,   aims  to  enhance  ‘Human  Centric  Experience’,  Tech Mahindra
        Google  Cloud  said, “We’re thrilled  that  Tech  Mahindra has   focuses on investing in emerging technologies and solutions that
        achieved the Data Analytics Specialization in the Google Cloud   enable digital transformation and meet the evolving needs of the
        Partner Advantage Program.  This specialization shows Tech   customer.
        Mahindra’s continued  commitment  to providing customers





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