Latest news with #Pune
Zawya
10 hours ago
- Business
- Zawya
Tech Mahindra joins J.P. Morgans Payments System Integrator Program
Pune – Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced it has joined J.P. Morgan Payments System Integrator Program to empower global enterprises to upgrade their payment infrastructure and deliver smarter, more personalized customer experiences. By joining the program, Tech Mahindra will bring its deep expertise in real-time payments, data reconciliation, and enterprise resource planning (ERP) implementations for global clients. With experience in over 1,800 SAP implementations, Tech Mahindra's strength in enterprise transformation, combined with J.P. Morgan Payments' robust payments infrastructure, will help businesses optimize their financial operations. Together, they will empower enterprises with near real-time tracking, enhance reporting and elevate business dashboard functionality by leveraging SAP's Generative AI and Build Process Automation innovations. Roshan Shetty, Head of BFSI & Public Sector - Americas, Tech Mahindra, said, 'Enterprises are increasingly looking to modernize complex payment infrastructures that can deliver on specific client needs. Our collaboration with J.P. Morgan Payments will enable businesses to deploy next-generation payment solutions at scale and help them drive sustainable growth while catering to evolving market needs.' As part of the program, Tech Mahindra will also support the global deployment of J.P. Morgan Payments' next-generation solutions by leveraging its strong delivery capabilities, and broad market presence across key industries and geographies. J.P. Morgan Payments combines treasury services, trade & working capital, and card and merchant services capabilities to help pay customers or employees in different currencies around the world. It processes more than $10 trillion payments daily, operating in over 160 countries and over 120 currencies. Sam Yen, Global Head of Enterprise Application Solutions at J.P. Morgan Payments, said, ' We're committed to meeting our clients' needs at every stage of their journey with our ERP solutions. This collaboration will allow us to offer clients the stability and resiliency of J.P. Morgan Payments combined with Tech Mahindra's technology expertise to help them build future-ready experiences that accelerate their business growth.' The System Integrator Program helps joint customers build comprehensive payment strategies by combining J.P. Morgan Payments solutions with expertise from professional service partners. The program is part of the J.P. Morgan Payments Partner Network, which brings together over 80 third-party relationships to help meet customer business needs for end-to-end payment experiences. Read more about Tech Mahindra's offerings through the J.P. Morgan Payments Partner Network here. About Tech Mahindra Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 148,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative's Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies. For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit Our Social Media Channels
Yahoo
a day ago
- Business
- Yahoo
Managed Services Market to Reach USD 990,611.47 Million by 2032, Growing at a CAGR of 14.5%: Credence Research
PUNE, India, July 21, 2025 /PRNewswire/ -- The Managed Services Market is poised for substantial growth, with its value projected to increase from USD 335,320 million in 2024 to USD 990,611.47 million by 2032, registering a CAGR of 14.5%. This robust expansion is driven by the growing need for businesses to optimize IT operations, reduce operational costs, and enhance cybersecurity resilience. As digital transformation accelerates across industries, organizations are increasingly outsourcing IT infrastructure, cloud management, network monitoring, and security services to managed service providers (MSPs) to focus on core business functions while ensuring scalability and operational efficiency. The surge in remote work models, cloud adoption, and complex IT environments further amplifies demand for managed services that offer 24/7 monitoring, compliance management, and disaster recovery solutions. Enterprises are also leveraging MSPs to bridge the IT skills gap and gain access to cutting-edge technologies like AI, automation, and analytics. The market outlook remains favorable, with rising investments in managed security services, data center outsourcing, and hybrid cloud management expected to create new growth opportunities through 2032. Browse the report and understand how it can benefit your business strategy - Key Growth Determinants – Managed Services Market The global managed services market is witnessing robust expansion, projected to reach substantial figures in the coming years. This growth is primarily fueled by the evolving technological landscape, increasing operational complexities, and a strategic shift in business priorities. Increasing Complexity of IT Infrastructure and Operations: As businesses adopt advanced technologies like cloud computing (multi-cloud and hybrid cloud environments), Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT), their IT environments become increasingly complex. Managing these intricate systems, ensuring seamless integration, and maintaining optimal performance requires specialized expertise that many organizations lack in-house. Managed Service Providers (MSPs) offer this specialized knowledge, making them indispensable for effective IT infrastructure management. Growing Demand for Cost Optimization and Operational Efficiency: Organizations are constantly under pressure to reduce operational expenditures while maintaining high service quality and scalability. Outsourcing IT operations to MSPs allows businesses to convert capital expenditures (CapEx) into predictable operational expenditures (OpEx), leading to significant cost savings. MSPs help streamline processes, reduce downtime, and improve overall operational efficiency, enabling businesses to allocate their internal resources more strategically. Heightened Cybersecurity Threats and Regulatory Pressures: The escalating sophistication and frequency of cyber threats (e.g., phishing, ransomware, data breaches) necessitate robust and proactive cybersecurity measures. Simultaneously, stringent data privacy regulations (e.g., GDPR, HIPAA) impose significant compliance burdens on businesses. Managed Security Services (MSSs) offered by MSPs provide end-to-end protection, including threat intelligence, incident response, firewall management, and compliance adherence, mitigating risks and ensuring data security. Shortage of Skilled IT Professionals: There is a persistent global shortage of skilled IT professionals, particularly in specialized areas like cybersecurity, cloud management, and AI. This talent gap makes it challenging for organizations to build and maintain in-house teams capable of managing modern IT infrastructures. MSPs bridge this gap by providing access to a pool of certified experts, allowing businesses to leverage high-level technical skills without the overhead of hiring and training. Focus on Core Business Functions: By offloading non-core IT operations to MSPs, businesses can redirect their internal teams and resources to focus on strategic initiatives, innovation, and core business objectives. This allows companies to enhance their competitive advantage and drive growth in their primary domains. Key Growth Barriers – Managed Services Market 1. Cybersecurity and Evolving Threats: The constant evolution of cyber threats (ransomware, phishing, DDoS, APTs) poses a significant challenge. MSPs must continuously update their security measures and knowledge to protect client data and systems, which can be resource-intensive. MSPs are high-value targets for cybercriminals as a breach of an MSP can grant access to multiple client networks. This puts immense pressure on MSPs regarding liability and reputational damage in case of a breach. Some MSPs may offer inadequate security services or operate with fragmented security tools and siloed data, leading to vulnerabilities and inefficiencies. 2. Talent Shortages and Skill Gaps: There's a persistent shortage of skilled IT professionals, especially in specialized areas like cybersecurity and AI. This makes it difficult for MSPs to attract, hire, and retain top talent, impacting their ability to handle complex IT infrastructures and scale operations. Many MSPs experience employee churn, losing skilled technicians to in-house IT departments of end-user organizations. 3. Maintaining Profit Margins and Pricing Pressures: The MSP market is increasingly saturated, with many providers offering similar services. This intensifies competition and leads to price pressure, making it challenging for MSPs to maintain profitability while offering competitive pricing. In the quest to win contracts, some MSPs may undervalue their services or construct pricing models that don't drive maximum profit, making it difficult to raise prices later. Unexpected costs like cyber insurance premiums, compliance requirements, and the need for additional services or hardware upgrades can impact margins. 4. Scalability and Resource Management: Smaller MSPs, in particular, struggle to expand services without overwhelming resources or compromising service quality. Rapid client growth can strain MSP resources. Managing a variety of solutions across different clients increases complexity. Integrating new IT services with existing legacy systems can lead to compatibility issues, disruptions, and additional expenses. Failure to effectively forecast demand and allocate resources can lead to being swamped, delayed responses, and a decline in service quality. 5. Regulatory Compliance and Data Sovereignty: Compliance with various data privacy regulations (GDPR, CCPA, HIPAA) is non-negotiable and constantly evolving. MSPs face a continuous challenge to ensure client compliance, which can be resource-intensive and incur hefty fines for non-compliance. Mandates requiring localized data processing can force providers to duplicate infrastructure in each jurisdiction, reducing economies of scale and complicating global service delivery. Key Market Opportunities – Managed Services (IBC) Market 1. Cybersecurity and Evolving Threats: The constant evolution of cyber threats (ransomware, phishing, DDoS, APTs) poses a significant challenge. MSPs must continuously update their security measures and knowledge to protect client data and systems, which can be resource-intensive. MSPs are high-value targets for cybercriminals as a breach of an MSP can grant access to multiple client networks. This puts immense pressure on MSPs regarding liability and reputational damage in case of a breach. Some MSPs may offer inadequate security services or operate with fragmented security tools and siloed data, leading to vulnerabilities and inefficiencies. 2. Talent Shortages and Skill Gaps: There's a persistent shortage of skilled IT professionals, especially in specialized areas like cybersecurity and AI. This makes it difficult for MSPs to attract, hire, and retain top talent, impacting their ability to handle complex IT infrastructures and scale operations. Many MSPs experience employee churn, losing skilled technicians to in-house IT departments of end-user organizations. 3. Maintaining Profit Margins and Pricing Pressures: The MSP market is increasingly saturated, with many providers offering similar services. This intensifies competition and leads to price pressure, making it challenging for MSPs to maintain profitability while offering competitive pricing. In the quest to win contracts, some MSPs may undervalue their services or construct pricing models that don't drive maximum profit, making it difficult to raise prices later. Unexpected costs like cyber insurance premiums, compliance requirements, and the need for additional services or hardware upgrades can impact margins. 4. Scalability and Resource Management: Smaller MSPs, in particular, struggle to expand services without overwhelming resources or compromising service quality. Rapid client growth can strain MSP resources. Managing a variety of solutions across different clients increases complexity. Integrating new IT services with existing legacy systems can lead to compatibility issues, disruptions, and additional expenses. Failure to effectively forecast demand and allocate resources can lead to being swamped, delayed responses, and a decline in service quality. Segmentation By Service Type Managed Network Services Managed Security Services Managed Data Center Services Managed Infrastructure Services Managed Mobility Services Managed Communication and Collaboration Services Managed IT Support Services Managed Cloud Services Managed Application Services Managed Backup and Disaster Recovery Services By Deployment Model On-Premise Cloud-Based By Organization Size Small and Medium-Sized Enterprises (SMEs) Large Enterprises By End-User Industry BFSI (Banking, Financial Services, and Insurance) IT and Telecom Healthcare Manufacturing Retail and E-commerce Government and Public Sector Energy and Utilities Education Media and Entertainment Transportation and Logistics By Region North America Europe Asia Pacific Latin America Middle East & Africa Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today - Regional Analysis – Managed Services Market 1. North America Market Dominance: North America currently holds the largest share of the global managed services market in terms of revenue. This dominance is attributed to the early adoption of cloud computing, robust IT infrastructure, and high IT spending by enterprises. Key Drivers: Trends: A shift towards more specialized and outcome-based services, with a focus on delivering measurable business results. 2. Asia Pacific (APAC) Fastest Growing Market: APAC is projected to be the fastest-growing region in the managed services market, exhibiting a high Compound Annual Growth Rate (CAGR). Key Drivers: Trends: Significant opportunities in managed data center and IT infrastructure services, as well as managed security services. India and China are key growth markets within the region. 3. Europe Significant Market Share: Europe holds a substantial share of the global managed services market. Key Drivers: Trends: Managed security is a highly lucrative and fast-growing segment. Countries like Germany, the UK, and France are expected to show strong growth. There's also a growing interest in nearshore services for cost efficiency and collaboration. 4. Middle East & Africa (MEA) Considerable Growth Rate: The MEA region is estimated to grow at a considerable rate in the managed services market. Key Drivers: Trends: Managed data center and hosting services hold a significant share, while managed security services are experiencing rapid growth due to heightened attack frequencies. 5. Latin America High Growth Potential: Latin America is also expected to exhibit a strong CAGR in the managed services market. Key Drivers: Trends: Managed security services are a fast-growing segment, and Brazil is expected to be a key growth country within the region. Credence Research's Competitive Landscape Analysis – Managed Services Market Credence Research's Competitive Landscape Analysis of the Managed Services Market highlights the dominance of global IT and cloud leaders such as IBM, Microsoft, Cisco, and Google Cloud, who command significant market share due to their extensive service portfolios, technological expertise, and global delivery capabilities. These players offer a comprehensive range of managed services including infrastructure management, cloud migration, cybersecurity, and application support. Strategic partnerships, AI integration, and end-to-end digital transformation services further strengthen their competitive positions in both mature and emerging markets. Alongside global leaders, the market features strong competition from specialized and regional players like Secureworks, Lumen Technologies, and MetTel, who focus on niche segments such as cybersecurity, network services, and industry-specific solutions. These firms differentiate through deep customer engagement, localized service delivery, and tailored offerings that meet regulatory and operational requirements. According to Credence Research, competition in the managed services market is shaped by the ability to deliver scalable, secure, and cost-effective solutions while adapting quickly to evolving technology demands and client expectations. Tailor the report to align with your specific business needs and gain targeted insights. Request Key Player Analysis Accenture ARYAKA NETWORKS, INC. AT&T Inc. Atera Networks Ltd. BMC Software, Inc. Broadcom Cisco Systems, Inc. DXC Technology Company Fujitsu HCL Technologies Limited HP Development Company, L.P. International Business Machines Corporation Lenovo Recent Industry Developments April 2025: Accenture Federal Services secured a USD 1.6 billion task order to enhance the U.S. Air Force Cloud One environment, focusing on automation and financial governance. March 2025: Arrow Electronics introduced an AI platform for North American channel partners, expanding its portfolio with managed AI deployments across security and cloud services. December 2024: Accenture reported USD 17.7 billion in Q1 FY2025 revenue, with managed services contributing USD 8.6 billion, reflecting 11% growth. November 2024: Dell broadened its edge and 5G ecosystem through expanded collaborations with Ericsson and Nokia to strengthen its edge-management capabilities. September 2024: IBM unveiled new services integrating generative AI and Oracle cloud applications to support Oracle clients' digital transformation. September 2024: IBM and NTT DATA launched SimpliZCloud, a fully managed cloud platform for financial institutions built on IBM LinuxONE, enabling AI/ML adoption and improved infrastructure performance through a subscription-based model. September 2024: TCS introduced two AI-powered cybersecurity offerings—Managed Detection and Response (MDR) and Secure Cloud Foundation—in partnership with Google Cloud to improve hybrid cloud security posture. June 2024: DXC Technology and Dell launched Enterprise Intelligence Services (EIS), combining AI, data analytics, and cloud to deliver advanced multi-cloud managed services for operational optimization. June 2024: Telefónica Tech partnered with IBM to advance enterprise-level AI, data analytics, and data management solutions. May 2024: Lenovo collaborated with Cisco to offer integrated infrastructure and networking solutions aimed at accelerating enterprise digital transformation. May 2024: Elitery, an Indonesian cloud services provider, was recognized as a Google Cloud Managed Services Provider, enabling it to deliver generative AI solutions to local governments. May 2024: Dell Technologies and CrowdStrike expanded their partnership to deliver Managed Detection and Response (MDR) services using the CrowdStrike Falcon XDR platform. March 2024: Cognizant extended its partnership with Pon IT to continue delivering cloud managed services and optimizing cloud platforms across Pon Holdings' subsidiaries. January 2024: Accenture acquired NaviSite to bolster its managed services capabilities in application and infrastructure management for North American clients. January 2024: Kyndryl and Cisco collaborated on a new security edge service designed to strengthen customers' cybersecurity posture and response capabilities. January 2024: GTT partnered with JOVO to provide inspection, maintenance, repair, and engineering consultancy through two new technical services. October 2023: Logicalis introduced its Intelligent Connectivity suite—featuring SASE, SSE, SD-WAN, and Private 5G—powered by Cisco and supported by the Logicalis Digital Fabric Platform. September 2023: Cloud5 Communications launched a managed services division targeting IT needs across hospitality, student housing, and senior living sectors. May 2023: Alfar Capital and Walter Capital Partners acquired MSP Corp in Canada and merged it with Groupe Access to enhance IT and cybersecurity offerings. January 2023: Rackspace Technology launched Modern Operations, a managed public cloud service for Azure, AWS, and GCP, offering 24/7 support and cloud optimization capabilities. Reasons to Purchase this Report: Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion). Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region. Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years. Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning. Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions. Benefit from Porter's Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics. Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years. Browse the report and understand how it can benefit your business strategy - Discover additional reports tailored to your industry needs Managed Printing Services (MPS) Market - Managed Pressure Drilling Market - Managed Blockchain Services Market - Managed Workplace Services Market- Managed Database Services Market - Full Body Scanners Market - Satellite Dish Market - Digital Mining Market - Follow Us: About Us: Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. Contact Us Mitul DeanTower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, Indiasales@ Logo - View original content to download multimedia: SOURCE Credence Research Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
4 days ago
- Business
- Entrepreneur
Conversive Acquires VoxGenie to Advance Human-Centric Voice AI Across Channels
The move strengthens Conversive's omnichannel capabilities by adding advanced, real-time voice automation to its suite of tools that includes SMS Magic. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Conversive, a Pune-based leader in AI-driven CRM engagement, has announced the acquisition of VoxGenie, a rising player in the voice AI space. The move strengthens Conversive's omnichannel capabilities by adding advanced, real-time voice automation to its suite of tools that includes SMS Magic. The combined platform now supports seamless, intelligent conversations across SMS, WhatsApp, email, chat, and voice. "Voice is not just another channel, it's the most human form of communication," said Nitin Seth, CEO and Co-founder of Conversive. "With this acquisition, we're enhancing our ability to deliver natural, compliant, AI-powered voice interactions, built to work alongside SMS, chat, and messaging apps. This empowers brands to deliver multilingual customer journeys that begin anywhere and continue everywhere." VoxGenie's team has been integrated into Conversive and now leads the development of voice AI initiatives. Their platform has gained recognition for its voice-first experiences, particularly in sectors demanding empathy and precision. These include healthcare, education, financial services, and legal support. The upgraded Conversive platform now includes capabilities such as voice-activated lead qualification, appointment scheduling, and document collection. It also provides automated post-call summaries and real-time assistance for agents, boosting operational productivity. Conversations can effortlessly move between channels, offering customers a personalized and uninterrupted experience. "Our vision has always been to make voice conversations as intelligent and frictionless as messaging," said Viren Baid, former Co-founder of VoxGenie and now Head of Voice AI at Conversive. "Joining Conversive allows us to scale that vision across India, North America, and Southeast Asia." Crucially, Conversive's solutions are built with compliance at their core. The platform adheres to international standards including TCPA, HIPAA, and GDPR, ensuring businesses can engage customers securely and responsibly. This strategic acquisition highlights Conversive's ambition to reshape customer engagement by unifying voice and digital channels under one AI-powered engine. With the addition of VoxGenie's technology, businesses can move beyond traditional IVR systems and offer context-aware, human-like voice experiences that foster trust and responsiveness at scale.
Yahoo
5 days ago
- Business
- Yahoo
AuraQuantic Recognized as the Most Valuable Pioneer in QKS Group's AI Maturity Matrix for Intelligent Business Process Management Suites, 2025
QKS Group designates AuraQuantic as the Most Valuable Pioneer (MVP) for its AI-first architecture and leadership in embedding agentic intelligence across intelligent automation. Pune, India, July 17, 2025 (GLOBE NEWSWIRE) -- QKS Group, a global research and advisory firm, has announced the release of its latest whitepaper, 'AI-Powered Intelligent Automation for Next-Generation Business Process Excellence - A User Guide.' The report introduces a first-of-its-kind AI maturity model tailored specifically for the iBPMS landscape, spotlighting AuraQuantic as the Most Valuable Pioneer (MVP) for 2025. As enterprises accelerate their transition from automation to intelligence, QKS developed the QKS AI Maturity Curve, which offers a structured approach to assess whether BPM platforms are truly AI-native or merely retrofitting capabilities to remain competitive. The model evaluates vendors across five dimensions, including AI vision and roadmap, execution maturity, embedded generative AI, governance and transparency, and integration. 'AI maturity is the new frontier in process transformation,' said . 'Many vendors today talk about AI, but few operationalize it in ways that deliver real-time decisioning, contextual optimization, and autonomous orchestration. The AI Maturity Matrix helps cut through that noise by anchoring AI in real process value.' AI Maturity: The Strategic Imperative for Next-Gen iBPMS Platforms The QKS whitepaper reframes BPM transformation as a journey from static automation to dynamic, agentic process orchestration. The framework underscores the need for platforms to embed AI across the full process lifecycle design, execution, analysis, and continuous improvement. Key AI capabilities evaluated in the report include: Real-time analytics and ML-based process optimization NLP-driven case management and unstructured data handling Autonomous decisioning agents with closed-loop orchestration Generative AI assistants for process modeling and content creation Transparent AI governance and human-in-the-loop oversight The research identifies AuraQuantic as the Most Valuable Pioneer due to its ability to deliver a no-code, AI-embedded automation framework where intelligence is not an afterthought but a foundational element. With machine learning, natural language processing, and real-time decision analytics natively integrated, AuraQuantic empowers organizations to adapt processes continuously in response to evolving business dynamics. 'AuraQuantic's recognition as the Most Valuable Pioneer is not merely a reflection of product capabilities; it signifies a strategic milestone in how enterprises adopt and scale AI across their operational landscape. AuraQuantic exemplifies what it means to move from process execution to intelligent orchestration,' said Kunal Pakhale, Senior Analyst at QKS Group. 'It's not just the breadth of AI capabilities that sets the platform apart, but how seamlessly they work together, delivering autonomous yet governed automation that evolves in real time. AuraQuantic offers a glimpse into the future of agentic BPM systems, where AI doesn't just assist, but proactively drives process excellence.' 'This recognition reflects our unwavering commitment to delivering real business value to our customers through AI-driven process intelligence. We believe that technologies like generative AI and machine learning should not only be powerful but also practical, transparent, and accessible. Our goal is to ensure that every organization, regardless of size or industry, can harness intelligent automation to continuously adapt and thrive in an ever-changing business landscape.' The whitepaper is designed to guide CIOs, COOs, transformation leaders, and IT architects through vendor selection by aligning enterprise AI ambition with market capabilities. Access the Report: To download the full whitepaper and explore the QKS AI Maturity Matrix, visit: AI Maturity Matrix iBPMS Market | AuraQuantic named MVP AuraQuantic delivers advanced, AI-driven process automation and orchestration technology through a powerful No-Code platform. Since 2002, organizations worldwide have relied on AuraQuantic to streamline operations, accelerate digital transformation, and rapidly build custom applications that meet their evolving business demands. Media Contact Kirsty RobertsMarketing Analyst About QKS Group QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client's business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit Media Contact:QKS Group Shraddha RoyPR & Media Relations3rd Floor, Wing 4, Cluster D, EON Free Zone, Kharadi,Pune, IndiaEmail: shraddha.r@ Content Source: Connect with us on LinkedIn- CONTACT: QKS Group Shraddha Roy PR & Media Relations 3rd Floor, Wing 4, Cluster D, EON Free Zone, Kharadi, Pune, India Email: shraddha.r@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
5 days ago
- Business
- Zawya
Tech Mahindra recognized in the FTSE4Good Index Series for the 9th consecutive year
Pune – Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announces it has been included in the FTSE4Good Index Series. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other financial products. FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria. The sustained recognition validates Tech Mahindra's long-standing commitment to ESG excellence and positions the organization as a sustainability-first digital transformation leader. It also reinforces investor and stakeholder confidence in Tech Mahindra's strategy for long-term value creation driven by ethical leadership, social responsibility, and environmental stewardship. Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, 'As ESG considerations move from optional to essential across boardrooms globally, the technology industry is increasingly expected to lead with transparency, resilience, and impact. Tech Mahindra's ninth consecutive inclusion in the FTSE4Good Index showcases our unwavering commitment to responsible business practices and affirms that our efforts in governance, risk management, and climate leadership are globally acknowledged.' As ESG performance becomes a defining factor for global investors, customers, and regulators, independent validation from globally respected frameworks like FTSE4Good helps bridge the credibility gap that many organizations face in substantiating their ESG claims. Inclusion in the index enhances Tech Mahindra's global positioning as a responsible and future-ready enterprise, offering confidence to customers, partners, and investors that the company adheres to globally benchmarked sustainability standards. The remarkable nine-year streak reflects the maturity and consistency of Tech Mahindra's ESG strategy amid evolving global expectations. It highlights the company's ability to future-proof its operations by aligning business goals with climate resilience, social equity, and ethical accountability, a vision that continues to define Tech Mahindra's journey toward building a better, more inclusive world. About Tech Mahindra Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 148,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative's Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies. For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit Our Social Media Channels
