Tech Mahindra Recognized as a ‘Leader’ in Automotive Engineering Services by Everest Group PEAK Matrix™
Noida, India, Jan 6, 2020 -- Tech Mahindra Ltd. a provider of digital transformation, consulting and business reengineering services and solutions, has been recognized as a ‘Leader’ in the Everest Group Automotive Engineering Services PEAK Matrix(R) Assessment for the year 2019. Focus on proactive investments in innovation labs, certifications in technologies, key acquisitions to strengthen the digital portfolio, and Tech Mahindra’s end-to-end offering across domains to enable customer’s digital transformation journey were amongst the key assessment criteria.
As part of this report, Everest Group classified service providers on the PEAK Matrix(R) into Leaders, Major Contenders, Aspirants, and positioned Tech Mahindra as a "Leader" for its strong capabilities in automotive engineering services.
Akshat Vaid, Vice President, Engineering Services Research & Advisory, Everest Group, "Tech Mahindra retained its leadership position in the 2019 PEAK Matrix(R) Assessment due to its continued focus on both core and digital engineering aspects across automotive value chain. A sizeable portfolio of automotive engineering solutions and IP (Internet Protocol), recognition as a leading brand in providing differentiated automotive design and styling services, courtesy Pininfarina and Bio, as well as infrastructural investments in labs and COEs such as Ayati, have helped the company emerge as a major automotive engineering services player servicing auto majors across all major geographies and segments."
Tech Mahindra was evaluated across a range of parameters such as "vision & capability" and "market impact" including services, products, solutions and locations. It was positioned as a ‘Leader’ based on - top quartile performance across market success; delivery capability captured through ability to deliver services successfully through scale, scope, enabling capabilities and delivery footprint; expertise in, and driving focus on technologies of the future, investments in strategic platforms; customized industry specific solutions and advisory role in a customer’s digital transformation journey.
Karthikeyan Natarajan, Global Head, Engineering, Internet of Things and Enterprise Mobility, Tech Mahindra, said, "This recognition is a testimony to our continued investments in becoming a full stack service provider in the automotive engineering space with capabilities across research and development product engineering, design, consulting, manufacturing services, software development & aftermarket. As part of the TechMNxt charter, this enables us to provide solutions to customer’s challenges and help them to be agile in building intelligent and cognitive products and platforms. We are consistently focused on delivering safe, secure, connected and robust customer experiences during the transition of the industry from hardware- to software-defined vehicles."
Posted by Veronica Silva Cusi, news correspondent
Date Posted: Wednesday, January 8, 2020
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