Press Release - Mumbai, India, July 30, 2012
Tech Mahindra, a global systems integrator and business transformation consulting services firm exclusively focused on the communications industry, has been ranked as No.1 Telecom Software Service Provider by Voice & Data, India’s leading communications magazine. According to the latest V&D100 Annual Survey, Tech Mahindra leads the Rs. 23,443 crore Indian telecom software services market in FY 12 with 20.9 % market share.
This annual ranking based on a comprehensive evaluation of the Indian telecom services space, states that Tech Mahindra clocked consolidated revenue of Rs. 5,321 crore for the year ending March 2012. This award is considered as the hallmark of the Indian Telecom & IT Industry.
L.Ravichandran, President, IT Services, Tech Mahindra said, “We are honoured to be recognized again by Voice & Data as the top telecom software services provider for the year FY 12. This reinforces and reaffirms Tech Mahindra’s commitment and consistency in providing tangible value to the telecommunications industry through our innovative solutions”
Pravin Prashant, Editor, Voice&Data, said, “With its exclusive focus on the telecommunications industry for over two and half decades, Tech Mahindra continues to be a leader in this domain, vide distinctive IT skills, research and development investments, innovative delivery models and distinguished approach of managing IT system”
Voice&Data is India's only magazine on the business of communications providing vital information, statistics and analyses on the business, technology and regulatory aspects of Indian telecom and networking. Its unique focus on the telecom business strategy and execution has made it a leading monthly on the business of communication.
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 by achieving fast time to market reduced total cost of ownership and high customer satisfaction.
Tech Mahindra registered revenue of USD 1,156 million in the year ended March 31, 2012 and is ably supported by around 41,000 professionals who provide a unique blend of culture, domain expertise and in-depth technology skill-sets.
A SEI-CMMi Level 5 organization, Tech Mahindra's development centers are ISO 9001:2008 and BS7799 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 Ltd is part of the US $15.4 billion Mahindra Group, a global industrial federation of companies and one of the top 10 business houses based in India. The Group's interests span automotive products, aviation, components, farm equipment, financial services, hospitality, information technology, logistics, real estate and retail. In 2011, Mahindra featured on the Forbes Global 2000 list, a listing of the biggest and most powerful listed companies in the world. Dun & Bradstreet also ranked Mahindra at No. 1 in the automobile sector in its list of India’s Top 500 Companies. In 2010, Mahindra featured in the Credit Suisse Great Brands of Tomorrow. In 2011, Mahindra acquired a majority stake in Korea’s SsangYong Motor Company.
For more information please refer to the website: www.techmahindra.com