Page 68 - SAMENA Trends - October 2019

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Tech Mahindra Collaborates with Netherlands Based Startup

Tech Mahindra Ltd. a leading provider for instance, automotive OEMs (Original deployed production grade Quasar Drive at
of digital transformation, consulting and Equipment Manufacturers) become a its research and development arm, Makers
business reengineering services and payment gateway, triggering new revenue Lab in India and United States to enable
solutions, announced its collaboration with streams through aftermarket ecosystem.” customers to immediately pilot with any
Quantoz, Netherlands-based innovative The Quasar solution is already being used connected product. This helps in creating
Blockchain technology application for multiple industries like automotive, a ‘pay per use’ model and also convert
incubator, specialized in building and healthcare, heavy machine manufacturing a CapEx (Capital Expenditure) based
implementing Blockchain-based solutions, and telecom. The “Connected Cars” use implementation into an OpEx (Operational
to offer Blockchain-as-a-Service for secure case on Blockchain gives cars their own Expenditure) model. Quasar is one of
digital payments. This disruptive solution, wallets for peer-to-peer transaction, the Blockchain platforms accessible
Quasar, will also enable integration creating an intelligent ecosystem of car from Tech Mahindra’s Blockchain
of fiat currency like US Dollar or Euro, manufacturers, customers and various Design Studio - industry’s first on cloud
and legacy systems. Further, it enables service providers. This enables car interface that showcases 25 Blockchain
instant, irreversible digital cash payments manufacturers to provide a monetization applications along with 6 Blockchain
among enterprises, people and devices platform to third party service providers, protocols. The Blockchain Design Studio
in the Internet of Things, compliant with helping them shift from single revenue gives customers, for the first time, an
regulations. As a result, devices connected car model. Henri de Jong, Quantoz Board opportunity to experience Blockchain
via the internet can autonomously handle Member and responsible for Business through direct access of Blockchain
payments. Quasar is a distributed, Development, said, “The cooperation platforms applications built by Tech
permissioned Blockchain-based electronic with Tech Mahindra helps us to further Mahindra and industry protocols. As part
cash system with built-in rules to fulfil roll out our Quasar technology. We have of the TechMNxt charter, Tech Mahindra
regulatory and compliance guidelines. been working with the Tech Mahindra is focused on leveraging next generation
Rajesh Dhuddu, Global Practice Leader, Blockchain team over the past one and technologies like Blockchain, 5G,
Blockchain, Tech Mahindra, said, “As part half year on projects in different industries Internet of Things, Artificial Intelligence,
of our TechMNxt charter, Tech Mahindra is around the world. With the help of this Cybersecurity to disrupt and enable digital
focused on leveraging Blockchain to create partnership, Quantoz will leverage Tech transformation, and to build and deliver
disruptive solutions and provide enhanced Mahindra’s extensive experience reach cutting-edge technology solutions and
experience to our customers globally. Our and offer Quasar Drive platform as a key services to address real world problems to
collaboration with Quantoz is a step in that tool to drive digital transformation for meet the customer’s evolving and dynamic
direction, as it will enable our customers, clients.” Tech Mahindra has successfully needs.

Tech Mahindra Launches 5G Enabled Solution to Build Wireless and Secure

‘Factory of the Future’

Tech Mahindra Ltd. a leading provider factory to enterprise Software Defined needs, and enable them to RISETM.”
of digital transformation, consulting and network, Cybersecurity, IT-OT (Information Additionally, Tech Mahindra has also
business reengineering services and Technology – Operation Technology) launched ‘IoT Sandbox’, a highly efficient
solutions, has announced the launch of a integration areas. Nilesh Auti, Global persona based IoT (Internet of Things)
5G-enabled solution to build wireless and Head Manufacturing Industry unit, Tech solution finder which helps in finding
secure ‘factory of the future.’ It is an end- Mahindra, said, “Factory equipment holds the correct solution required basis the
to-end business and technology solution to a great deal of meaningful data which is persona across categories from industries
enable manufacturers to achieve industry key to any successful Industry 4.0 project. such as Industrial manufacturing, process
4.0 goals. The solution, built in partnership Tech Mahindra’s solution in partnership manufacturing, Automotive, Aero, Oil & Gas,
with Cisco, a worldwide technology with Cisco, will enable us to leverage Retail and Healthcare among others. The
leader, will provide network infrastructure this data and empower manufacturers solution catalogue cuts across Industry
assessment and consultancy services to build factories of the future. As part of 4.0 and IoT and has been launched with
to build ‘factory of the future’. Key our TechMNxt charter we are focused on 40+ use cases in the areas of Industrial IoT.
highlights of the factory infrastructure leveraging 5G technologies to address
space include – factory wireless network, our customer’s evolving and dynamic

68 OCTOBER 2019