Page 69 - SAMENA Trends - September 2019

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Tech Mahindra Racks Up Multi-Year Cloud Deal with AT&T

Tech Mahindra wins a multi-year deal means layoffs for AT&T employees. While service orchestration. By offloading
with AT&T to move some of the telco’s there weren’t a lot of details in Thursday’s some of the work to Tech Mahindra, AT&T
systems and operations to the cloud. AT&T announcement between Tech Mahindra will be able to focus more on virtualizing
is covering all of its cloud bases with yet and AT&T, it looks like Tech Mahindra will the remaining 75% of its network by the
another cloud announcement, this time do the heavy lifting in regards to moving end of next year and the continued build
with IT vendor Tech Mahindra. The multi- some of AT&T’s systems and operations out is software-defined 5G network.
year agreement with Tech Mahindra, which to the cloud. AT&T and Tech Mahindra “Our agreement with Tech Mahindra is
is reportedly worth $1 billion, follows hot on did say that they would work together another step forward in delivering greater
the heels of recent cloud announcements across several technologies and platforms flexibility across our IT operations,”
with Microsoft, IBM, and Mirantis. AT&T’s such as artificial intelligence, DevOps, said AT&T Communications CIO Jon
announced partnership with Microsoft data analytics and 5G. On a related note, Summers, in a prepared statement. “This
in July was the telco’s coming out party Tech Mahindra announced at Mobile includes optimizing our core operations
for its “public cloud first” strategy, which World Congress earlier this year that its and modernizing our internal network
includes moving most of its non-network continuous integration and continuous applications to accelerate innovation as we
workloads, such as IT workloads and deployment framework was designed to march forward to our goal of a nationwide
systems and HR functions, to the public accelerate 5G adoption by automating 5G network by the first half of 2020. Our
cloud by 2024. Tech Mahindra will take key network lifecycle stages such as telco collaboration with Tech Mahindra will
over the management of many of the cloud, VNFs (virtual network functions) ultimately help accelerate our network
applications that support AT&T’s network lifecycle automation, and implementation operations and overall technology
and shared systems. It’s not clear if that of DevOps continuous integration and leadership.” According to a story by The
Economic Times, the Tech Mahindra deal
is worth $1 billion, and it’s among the New
Delhi, India-based company’s biggest over
the past five or six years. Tech Mahindra
has a long history of assisting AT&T,
including AT&T’s deal to of buy BellSouth
in 2006. More recently, the two companies
worked together on artificial intelligence
project Acumos prior to AT&T putting it into
open source with the Linux Foundation.
Early last year, Tech Mahindra announced
it was reselling AT&T’s FlexWare network
product.

Tech Mahindra and Adjoint Collaborate to Announce Industry’s First
Blockchain Solution for Secure Enterprise Financial Management and
Insurance

Tech Mahindra, a leading provider of digital open source distributed ledger platform Europe and the US markets. The solutions
transformation, consulting and business designed to improve efficiency, security will help the clients improve profitability,
reengineering services and solutions, and compliance in modern financial efficiency and will help protect sensitive
and Adjoint, a global leader in innovative processes. It has a messaging and information in general data protection
financial technology, have announced consensus protocol mechanism through regulation (GDPR) compliant fashion. With
industry’s first Blockchain solution for which the participants in the Blockchain Tech Mahindra focusing on the Banking,
secure enterprise financial management ecosystem agree on the data to be put in financial services and insurance (BFSI)
and insurance services across locations the blockchain ledger. It allows enterprises sector across the globe, we are happy to
to create a seamless and reliable to quickly deploy, maintain, verify and collaborate with a financial technology
customer experience. With this solution execute secure, multi-party workflows. company like Adjoint to enrich our Banking
customers will be saving up to USD 4 Rajesh Dhuddu, Global Head Blockchain, and Insurance Solutions offerings.” The
million for every 1 billion of financial risk Tech Mahindra, said, “Tech Mahindra will Adjoint solution would enable enterprises
management and banking relationships. partner with Adjoint to provide customized to validate the business case with their
The solution is built upon Uplink, an treasury and insurance solutions to Asia, own data in their own secure environment

69 SEPTEMBER 2019