{"id":2685,"date":"2018-11-14T16:45:02","date_gmt":"2018-11-14T16:45:02","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=2685"},"modified":"2018-11-14T16:45:02","modified_gmt":"2018-11-14T16:45:02","slug":"tech-mahindra-recognized-as-a-leader-in-everest-group-peak-matrix-report","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/tech-mahindra-recognized-as-a-leader-in-everest-group-peak-matrix-report\/","title":{"rendered":"Tech Mahindra Recognized as a Leader in Everest Group PEAK Matrix Report"},"content":{"rendered":"<p>Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services has been recognized as a Leader in the Everest Group Automotive and Software Product Engineering Services PEAK Matrix Assessment for the year 2017. As part of this report, Everest Group classified service providers on the PEAK Matrix into Leaders, Major Contenders and Aspirants and positioned Tech Mahindra as a \u201cLeader\u201d for their ability to offer large-scale product engineering engagements leveraging their strong project management capabilities and widespread delivery footprint.<\/p>\n<p>Karthikeyan Natarajan, Global Head, Engineering, IoT and Enterprise Mobility, said, \u201cTech Mahindra\u2019s strategy, Design \u2013 Engineering \u2013 Digital continues to drive industry leading growth in the Automotive &amp; Software Product Engineering Services space. It confirms our leadership in the vehicle engineering\/development, safety critical software development &amp; testing and digital platforms for connected cars and Industry 4.0 in the fastest growing automotive vertical. Our software product engineering practice enhances customer experience with improved user interface and user experience, artificial intelligence, analytics and agile product development through micro services. Along with these, our investments in the areas of next-gen themes such as IoT, 5G, AI &amp; Blockchain position us as a 360-degree partner enabling customer experiences and enhancing future readiness.\u201d<\/p>\n<p>According to the latest report from Everest Group, Software Products is the largest Engineering Services segment with the growth forecast of 15-16% during 2018-2022 where the need for digitalization and software-defined engineering will continue to fuel services\u2019 demand for software. And Automotive is the fastest growing segment which will grow at 13-14% as Enterprises are increasing spend due to the focus on software-led future of mobility.<\/p>\n<p>Chirajeet Sengupta, Partner, Everest Group, \u201cSoftware product developers are grappling with challenges around increasing architectural complexity, shortening product lifecycles, and adopting next-generation technology themes such as artificial intelligence. As agility and innovation become table stakes, enterprises need to move towards designing configurable solutions with built-in intelligence. Development of strong capabilities through in house IPs, DevOps-focused teams, a user experience focus, and key partnerships have helped Tech Mahindra secure its position as a Leader in Everest Group\u2019s inaugural PEAK Matrix\u2122 assessment on Software Product Engineering Services.\u201d<\/p>\n<p>&#8220;The Automotive industry is undergoing a digital revolution sparked by the combination of three key factors: ambient technology, a global connected ecosystem, and evolving business models. As a result, enterprises are expected to deliver added value through domain expertise, data capabilities and analytics, and as-a-service offerings. Investments in new technologies through in-house IPs, co-innovation labs, key acquisitions, and partnerships with academia have helped Tech Mahindra secure its position as a Leader in Everest Group\u2019s inaugural PEAK Matrix\u2122 assessment on Automotive Engineering Services,\u201d he added.<\/p>\n<p>Tech Mahindra\u2019s Integrated Engineering Solutions (IES) delivers solutions enabling \u201cDigital Engineering Enterprise\u201d across Aerospace and Defense, Automotive, Industrial, Telecom, Hi-Tech, Healthcare, Transportation and ISVs. IES is an innovative engineering solutions provider across the product life cycle, with our extensive in-house capabilities and an ecosystem of partners. With 50+ exclusive engineering development centers supporting new program launches and 120+ marquee global customers, TechM IES is an established leader for Engineering Services in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services has been recognized as a Leader in the Everest Group Automotive and Software Product Engineering Services PEAK Matrix Assessment for the year 2017. As part of this report, Everest Group classified service providers on the PEAK Matrix into Leaders, Major Contenders and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[2403,2402,2404],"class_list":["post-2685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-inc","tag-everest-group","tag-everest-group-automotive-and-software-product-engineering-services","tag-software-products"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tech Mahindra Recognized as a 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