ThingWorx and Tech Mahindra Announce Global Partnership to Deliver M2M Solutions
Partnership combines Tech Mahindra's proven system integration capabilities with the ThingWorx M2M Enablement Platform, driving innovation and improving time-to-market for customers deploying Machine-to-Machine and Internet of Things applications
EXTON, Pa.--(BUSINESS WIRE)-- ThingWorx™ today announced a global partnership with Tech Mahindra, a leading provider of solutions and services to the telecommunications industry. This partnership will enable Tech Mahindra to deliver innovative Machine-to-Machine (M2M) solutions at minimized cost, risk, and time to market for its customers worldwide by utilizing the ThingWorx Platform - the industry's first application development platform designed to reduce the effort required to build M2M applications for the emerging connected world.
The combination of Tech Mahindra's proven system integration and solution delivery capabilities along with ThingWorx's M2M platform allows customers to take advantage of a 10X improvement in solution development and delivery for connected applications. With industry leading companies estimating that the number of Internet-connected devices will reach 50 billion by 2020, business enterprises and telecommunications providers are seeing M2M as a new avenue for business growth and sustained revenue. While this partnership encompasses a wide range of industries and geographies, the initial focus will be around a Tier1 Telco's hosting solutions.
According to Manish Vyas, Global Head, Business Development of Tech Mahindra, "After an extensive evaluation, we concluded that ThingWorx provides an innovative application enablement platform for delivering M2M and IoT solutions. The development advantage offered by ThingWorx will enable us to deliver innovative applications that are much richer in functionality, in a fraction of the time required with alternate approaches."
"We are pleased to enter into a strategic partnership with Tech Mahindra," stated Russ Fadel, CEO of ThingWorx. "Their global reach and M2M expertise, combined with the ThingWorx platform, will speed the adoption of innovative applications which we believe will be a catalyst for rapid growth in the emerging connected world. Our customers planning global rollouts of the ThingWorx platform will benefit from Tech Mahindra's global reach and scale. We also envision broad consumption of the ThingWorx platform, enabled by Tech Mahindra, across many of the business sectors that make up The Mahindra Group. This partnership represents yet another step in ThingWorx's global expansion plans."
About Tech Mahindra
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra Limited. Tech Mahindra serves telecom service providers, equipment manufacturers, software vendors and systems integrators worldwide and their proven delivery models, distinctive IT skills and decades of domain expertise enable clients to maximize returns on their IT investment. A SEI-CMMI Level 5 organization, Tech Mahindra's development centers are ISO 9001:2008, ISO 27001:2005, ISO 20000-1:2011 and ISO 22301:2012 certified. Tech Mahindra has principal offices in the UK, United States, Germany, UAE, Egypt, Singapore, India, Thailand, Taiwan, Malaysia, Philippines, Canada and Australia.
Tech Mahindra is part of the USD 15.9 billion Mahindra Group. The Mahindra Group employs more than 155,000 people in over 100 countries and operates in key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology and vacation ownership.
ThingWorx™ provides the first platform designed to efficiently build and run the applications of today's connected world. ThingWorx's model-based design and search-based intelligence reduces application development efforts by 10X, minimizing cost, risk and time to market. The ThingWorx platform combines the key functionality of Web 2.0, search, and social collaboration, and applies it to the world of "things," including connected products, machines, sensors, and industrial equipment. Businesses use the ThingWorx platform to rapidly deliver innovative applications and connected solutions across markets ranging from manufacturing, energy, and food, to Machine-to-Machine (M2M) remote monitoring and service, as well as in emerging Internet of Things applications, including smart cities, smart grid, agriculture, and transportation. For more information, please visit our website at www.thingworx.com and our blog at www.thingworx.com/blog or follow us on Twitter at @ThingWorx.
Hannah Messinger, 610-228-2147
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