Tech Mahindra recognised as Leader for IT Services for Communications Service Providers, Worldwide

The company’s recognition in the Gartner Magic Quadrant analysis based on the two axes- ability to execute and completeness of vision.

Sep 28, 2020 02:09 IST India Infoline News Service

Tech Mahindra announced today that it has been recognized as a Leader in Gartner’s September 2020 Magic Quadrant for IT Services for Communication Service Providers, Worldwide. Tech Mahindra has been acknowledged as a leader in the analysis made with completeness of vision and ability to execute as the two axes of the Magic Quadrant.

The company informed the exchanges Monday that it is focused on investing in digital technologies to develop disruptive solutions and offer cost-efficient services to enhance customer experience. Strategic investments in the areas of network services, digital business support system (BSS), and customer experience has helped Tech Mahindra in advancing in the telecommunication industry.

Additionally, the digital expertise across IT and networks, including intellectual property (IP), capabilities to deliver complex transformation while providing operational excellence combined with a strong ecosystem of partnerships has helped Tech Mahindra emerge as a service provider for digital business implementation and managed services.

Manish Vyas, President, Communications, Media and Entertainment Business, & CEO, Network Services, Tech Mahindra, said, “Being recognized as a leader second time in a row is a testament of our customer centricity and deep alignment with the telecom industry. We live in unprecedented yet uncertain times in this Industry, and communication service providers will yet again drive a phenomenal economic growth and innovation cycle led by 5G network and product innovation.

We are excited to serve the industry and their customers as they transform themselves to run better, change faster and grow greater, that’s the mantra of TechMNxt charter. I also take this moment to thank our esteemed customers, appreciate our partners and applaud our teams.”

This year, Gartner analyzed 13 firms for their completeness of vision and the ability to execute, for this report, and classified these firms into Leaders, Visionaries, Challengers, and Niche Players. Fifteen different parameters were used as criteria for completeness of vision and ability to execute.

Tech Mahindra Ltd is currently trading at Rs776 up by Rs3.45 or 0.45% from its previous closing of Rs772.55 on the BSE.

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