Tech Mahindra inks MoU to support Smart City initiative

07 Jul 2014

Tech Mahindra has signed a Memorandum of Understanding (MoU) with the Dubai Economic Council (DEC) for providing innovative IT solutions to help achieve the status of ‘Smart City’. The DEC seeks to benefit from the private sectors’ spectacular experience in smart technologies to help connect not only Dubai’s community but also the UAE and the world.

Dubai is committed to create the vision of a ‘Connected World, Connected Solutions, Connected City’ and more importantly a secure city into a reality. The establishment of a joint Centre of Excellence will drive in an influx of new proof of concepts and solutions that can be utilized by various government departments in the efforts to shift to Smart City status.

Tech Mahindra’s expertise across various technology based verticals is expected to reinforce the shift--like helping streamline services in healthcare, education, security, energy, logistics, financial services, hospitality and real estate. Additionally, Citizen Benefit Value Analysis will be a key value driver in ensuring the success of this Centre of Excellence; acting as a performance benchmark measured by the Steering Committee of the centre itself.

Related Tech Mahindra Ltd. Links:

Tech Mahindra Share Price

976.05 8.25 (0.85%) Mar 03, 11:31
1 Year Price Chart
Peers
Company Name CMP
TCS 3020.60
Infosys 1327.15
HCL Tech. 959.80
Wipro 434.60
Tech Mahindra 976.05
View more..
Sensex vs Tech Mahindra
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback