Tech Mahindra and TSC collaborate to deliver Intelligent Mobility solutions

07 Oct 2015

Tech Mahindra has agreed to collaborate with Transport Systems Catapult (TSC), to develop Intelligent Mobility solutions that address the growing capacity, operational efficiency and interoperability challenges faced by the UK supply chain and freight and logistics industries. TSC is one of nine elite technology and innovation centres established by Innovate UK.

The exclusive Memorandum of Understanding brings the two organisations together for three years to collaborate on innovative solutions and business models in the areas of Supply Chain; Freight and Logistics; and Big Data and Data Analytics for the UK Intelligent Mobility market. The initial focus is on the rail freight market, where there is a real need for mobility solutions, with Network Rail predicting an additional 30% increase in rail freight by 2019', and many existing lines already running at, or near, full capacity. The aim of the partnership is to develop solutions that improve interoperability and create efficient and seamless multimodal transports systems spanning road, rail, air and sea.

As a part of the agreement, the company and TSC will hold workshops and conduct research into the core areas of the freight and logistics industries. The organisations will also form a consortium with SME and research organisations to develop proof of concepts that will initially aid the UK but which can then be commercialised globally through the TSC Catapult.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.

Related Tech Mahindra Ltd. Links:

Tech Mahindra Share Price

1010.60 16.70 (1.68%) Apr 16, 18:01
1 Year Price Chart
Company Name CMP
TCS 3193.30
Infosys 1352.55
HCL Tech. 1012.55
Wipro 469.25
Tech Mahindra 1010.60
View more..
Sensex vs Tech Mahindra
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323