Home Business Tech Mahindra aims for 50% revenue share from digital business
Business - March 20, 2019

Tech Mahindra aims for 50% revenue share from digital business

IT offerings firm Tech Mahindra said that it was targeting a 50 percent sales share from virtual commercial enterprise, even because it has skilled 70 percentage of its IT personnel in virtual capabilities. The organization has partnered with FutureSkills, an initiative through industry body NASSCOM, to force this reskilling software for personnel.

Jagdish Mitra, Chief Strategy Officer & Head of Growth, Tech Mahindra, said, “We, at Tech Mahindra believe that a successful digital transformation lies in ‘disrupting one’s very own business before others do’. As part of our TechNetTechMNxt charter, we’re investing heavily in reskilling employees in next-technology technology like Blockchain, Cybersecurity, Artificial Intelligence (AI), Machine Learning (ML), Robotics, and Automation, and 5G.

Our partnership with NASSCOM has majorly aided this virtual transformation journey aimed toward reskilling friends inside the business enterprise, to cause them to ‘Digital Savvy’. In the close to destiny, we’re concentrated on at the least 50 percent revenue proportion from digital agencies even as continuing our boom trajectory of round 30 percent YoY.”

FutureSkills is powered by Edcast, a Silicon Valley enterprise for personalized mastering. Tech Mahindra has additionally set up a Blockchain Centre of Excellence that encourages its personnel to increase answers leveraging Blockchain technology. It is also investing in other internal applications to accelerate skilling on next technology roles. It also has partnerships with special universities for collaborative studies programs.

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Amit Aggarwal, VP & CEO, IT – ITeS Sector Skill Council, NASSCOM, said, “As technology permeates through numerous industries, capability building and talent improvement of our group of workers will play an important function in using monetary competitiveness in the future. Companies these days are organized for the following wave of increase as reskilling, AI, automation, the blockchain, and virtual answers end up the destiny drivers of the enterprise. Also, with greater impetus via the Government for brand spanking new age technology, it’s miles imperative that we equip the industry staff to cope with futuristic technology to force innovation and spearhead the wide structural transformation of the economic system.”

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