At its technology headquarters in Hyderabad, India, Tech Mahindra unveiled its strategy to be a driving force in the connected world of the future. The TechMNXT event, held on April 11–12, 2018, showcased Tech Mahindra's "3-4-3" strategy to help clients in different industry sectors (including communications) "run better, change faster, and grow greater."
Ovum spent two days at Tech Mahindra's campus in the HITEC City to discuss the unveiling of the company's 3-4-3 strategy and its application across the various industry verticals that it does business in. Essentially, the strategy consists of three mega trends, four big bets, and three objectives (hence the "3-4-3").
In the communications vertical, the three mega trends center on the explosion of connected devices, 5G, and video on all devices. The four big bets – or challenges Tech Mahindra plans to help its communications clients overcome – are the integrated digital customer experience; the connected world of IoT; software transformation; and networks of the future. Tech Mahindra's three objectives, which can be applied to all its verticals (not just communications), involve helping clients to run better, change faster, and grow greater.
TechMNXT showcased smaller vendors which Tech Mahindra described as "disruptors." These included vendors in vRAN, open access Wi-Fi, and NFV/SDN. The main message reiterated by Tech Mahindra throughout the event was its belief that the rapid transformation and evolution of network technology will introduce new players into the ecosystem. The role of the vendors present was to show how Tech Mahindra is supporting these vendors in making this happen.
We are already seeing once-peripheral vendors moving into the wireless and wireline access markets thanks to the introduction of new networking technologies. With their desire to share in a thriving access market, these vendors – which are keen on open source and interoperability – are now posing a direct threat to incumbents that have built their portfolios on siloed end-to-end products and solutions.
Market Opportunity Analysis: NFV/SDN, SPT002-000027 (January 2018)
Jaimie Lenderman, Senior Analyst, Service Provider Technology