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NSE
735.85
Change Change %
-7.45 -1.00%

Updated:24 May, 2019, 15:58 PM IST

BSE
736.00
Change Change %
-7.00 -0.94%

Updated:24 May, 2019, 16:01 PM IST

Tech Mahindra incorporated in 1986 offers Information Technology (IT) services and solution to telecommunications sector across the world.

Tech Mahindra is part of the $12.5 billion Mahindra Group, in partnership with British Telecommunications plc (BT), one of the world’s leading communications service providers. Focused primarily on the telecommunications industry, Tech Mahindra is a leading global systems integrator and business transformation consulting organization. Tech Mahindra has recently expanded its IT portfolio by acquiring the leading global business and information technology services company, Mahindra Satyam (earlier known as Satyam Computer Services).

Tech Mahindra’s capabilities spread across a broad spectrum, including Business Tech Mahindra has successfully implemented more than 16 Greenfield Operations globally and has over 128 active customer engagements mostly in the Telecom sector. The company has been involved in about 8 transformation programs of incumbent telecom operators.

Its client list includes big companies like British Telecom (BT), AT&T, Motorola and Alcatel–Lucent are among others. BT is largest client that contributes 60% to its revenues.

The company has received various certifications such as ISO 9001:2000, ISO/IEC 20000–1:2005, ISO/IEC 27001:2005, SEI–CMMI Level 5 P–CMM Level 5 and SSE–CMM Level 3.

Services

IT Services– It offers various services such as solution integration, application development and management, consulting, application management, infrastructure management, and revenue management services.

Research and Development services– It provides technological solutions such as software development, testing, hardware development, network offering etc to leading telecom equipment manufacturers across the globe.

BPO– It also provides outsourcing services in the areas finance and accounting, HR Outsourcing, order management, contract management, inventory management, are among others.

Awards

It was Asia’s Best Performing Companies 2008 at Business Week award.

Tech Mahindra received Growth Excellence Award 2008 by Frost & Sullivan.

It was recognized as winner of the 'IT People Employer of the Year Award' at IT People Awards.

It was acknowledged as 6th largest Software Services Company in India by NASSCOM in 2008.

The company is recognized as winner of the 2011 Microsoft Communications Sector Partner of the Year Award.

The company is declared as winner of 2010 and 2011 AT&T Supplier Award for outstanding performance & service to AT&T and its affiliates.

Milestones

2002
•MBT assessed at Level 5 of SEI CMM by KPMG

•MBT assessed at Level 5 of SEI CMM by KPMG
•MBT incorporates MBT Software Technologies Pte. Limited, Singapore
•Satyam BPO launched in Hyderabad

2005

•Certified BS 7799–2:2002 (Information Security Management Framework) by RWTUV now known as TUV Nord
•Acquired Axes Technologies (India) Private Limited, including its US and Singapore subsidiaries
•Assessed at Level 5 of SEI CMMI by KPMG
•Largest global development center outside India (in Melbourne) begins operation
•Citisoft and Knowledge Dynamics acquired

2006

•Name changed to Tech Mahindra Limited
•Assessed at Level 5 of SEI People–CMM (P–CMM) by QAI India
•Raised Rs 4.65 billion ($100 million) from a hugely successful IPO to build a new facility in Pune, to house about 9,000 staff
•Formed a JV with Motorola Inc. under the name CanvasM
•Set up the first "Global Innovation Hub" in Singapore
•Set up operations in Guangzhou, China

2007

•Launched the Tech Mahindra Foundation to address the needs of the underprivileged in our society, especially children
•Acquired iPolicy Networks Private Limited
•Announced the Official IT Services Provider for the FIFA World Cup 2010TM
•Opens Global Development Center (GDC) in Malaysia
•First Asian company to feature in the "Training" Magazine's list of Top 125 companies for learning

2009

•Tech Mahindra acquires a controlling stake in Satyam
•Satyam gets rebranded as 'Mahindra Satyam'

2010

•Delivered FIFA World Cup 2010TM
•AT&T 2010 Supplier Award for outstanding performance & service to AT&T and its affiliates
•Expands footprint in Latin America

2011

•Inaugurated Saab India Technology Center
•AT&T 2011 Supplier Award for the 2nd year consecutively

2012

•Merger of Tech Mahindra and Mahindra Satyam announced
•Acquisition of Hutchison Global Services
•Acquisition of Comviva Technologies Limited

2013

•Tech Mahindra Positioned in Gartner's 'Leaders' Quadrant for IT Services for Communications Service Providers
•Mahindra Group forays into Engineering Education with Ecole Centrale Paris
•Tech Mahindra–Mahindra Satyam merger finally consummated
•Mahindra Satyam acquires majority stake in Complex IT

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