New Delhi/London – April 22nd, 2022: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced that it will create new revenue streams and add 1000 jobs in UK. The tech giant will collaborate with a leading academia and research institute in the UK to co-innovate at Tech Mahindra's Makers Lab in Milton Keynes. Makers Lab is a research & development hub for co-innovation of solutions and services of the future with customers, partner companies, research institutions, universities, and start-ups.
This is on the back of British Prime Minister Boris Johnson's announcements regarding the new UK-India collaboration on Artificial Intelligence made during his visit to India. The initiative aims to grow innovation and prosperity in both countries and harness the power of emerging technology to confront global challenges. Tech Mahindra is amongst the top technology Indian Investors in the UK and together with the academia and research institute, Tech Mahindra Makers Lab will bolster NXT of AI growth in the UK and across 90+ countries where it operates.
UK Prime Minister Boris Johnson said, "Trade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries. I'm very pleased that Tech Mahindra has decided to join the legions of Indian companies investing in the UK, boosting our technology sector and driving economic growth."
The initiative is in line with Tech Mahindra's focus on co-innovation & digital transformation with customers, partners, and academia by leveraging next-gen technologies. The association with academia and research institute will further enable Tech Mahindra to pave way for job creation and build an eco-system of interns and scholars to drive innovations in AI and Data Science.
CP Gurnani, MD & CEO, Tech Mahindra, said, "Innovations and applications of Artificial intelligence (AI) can significantly transform the productivity and create revenue streams for businesses in the UK. Tech Mahindra aims to bring out the best of solutions powered by next-gen technologies for industries to solve specific challenges. We are also committed to investing in the local communities we operate in, and initiatives like these help increase the employability of future technologists in the UK as well as globally."
Tech Mahindra's Makers Lab is focused on next-generation technologies such as Artificial Intelligence (AI), Machine Learning, Robotics, Internet of Things (IoT), Augmented Reality/ Virtual Reality, 5G – Network of the future. There is a range of business problems that Makers Lab aims to solve to enhance citizen services and customer experiences.
Tech Mahindra believes in DigitALL philosophy for comprehensive Business Transformation. Digital technologies catalyze the transformations – they humanize businesses by helping them think, sense, connect, communicate, secure, and act better than before. As part of NXT.NOW™ framework, which aims to enhance 'Human Centric Experience', Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates, and the society to Rise. We are a USD 5.1 billion organization with 145,000+ professionals across 90 countries helping 1191 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales' Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in 'brand strength' and amongst the top 7 IT brands globally. With the NXT.NOWTM framework, Tech Mahindra aims to enhance 'Human Centric Experience' for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow's experiences today, and believes that the 'Future is Now'.
We are part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federations of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India and is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
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