Tech Mahindra Inks MoU with Axiata to Co-Develop 5G Enterprise Solutions Across 5 countries.They will market innovative solutions across Malaysia, Sri Lanka, Bangladesh, Nepal, and Cambodia by bringing together the companies’ core strengths
Tech Mahindra, provider of digital transformation, consulting, and business re-engineering services and solutions, and Axiata Group Berhad (“Axiata” or “the Group”), a mobile telecommunications and digital conglomerate in ASEAN and South Asia, have signed a Memorandum of Understanding (MoU) to co-develop and market innovative 5G enterprise solutions across Malaysia, Sri Lanka, Bangladesh, Nepal, and Cambodia.
The MoU aims to accelerate the seamless expansion of innovative new-age and cost-effective 5G solutions across industries, including manufacturing, oil & gas, and smart cities & services, among others. The partnership, according to businesses, will combine Tech Mahindra’s industry knowledge to provide specialized services and digital solutions to customers, 5G enterprise solutions capabilities, SI (System Integrator) capabilities, and its domain expertise in planning, designing, deployment & management of private wireless networks, along with Axiata’s network infrastructures and product & services.
Rajesh Chandiramani, Business Head, Communications-Media-Entertainment for EMEA and APJI Markets, said, “5G is the new evolved technology fabric which enables a seamless connection of fast and intelligent devices and provides an enhanced customer experience in the digital world. Tech Mahindra has created 100+ 5G For Enterprise (5G4E) industry solutions across all sectors which provide end-to-end digital solutions for enterprises to enable digitalization at pace in this new 5G arena."
"5G is the underlying fabric of an entire ecosystem of seamlessly connected intelligent devices and immersive customer experiences. Our strong network of industry solutions across sectors will provide value-driven end-to-end solutions for holistic enterprise digitalization. This, coupled with Axiata’s communication services and focus on digital telco, digital business, and infrastructure, will help us extend our 5G services portfolio to deliver tangible business value to customers and partner ecosystems in the APJI region. We are confident that this partnership will bolster growth, productivity, and innovation to monetize opportunities in 5G for enterprises,” he further added.
Dr Gopi Kurup, Chief Executive Officer, Axiata Enterprise, said, “At early stages of 5G trials and rollout, all of our regional Enterprises clients are anticipating and positioning for the transformational enablers that the new technology offers for their core businesses. The availability of 5G capabilities opens up innovative possibilities in achieving digital transformation strategies for various Enterprises and industries. The guarantee of an improved and faster network performance to meet the high demands on network latency, reliability, and security is needed in delivering vertical industry solutions."
According to the businesses, the new use cases and solutions developed as part of the MoU will help make enterprises future-ready for the 5G wave by providing a robust roadmap, unlocking new revenue streams, and eliminating business and operational inefficiencies.