IBM and Mahindra/Tech Mahindra on Tuesday said they are deepening their collaboration, especially in areas like 5G, hybrid cloud, automation and cybersecurity, as the two tech titans work towards building a billion dollar ecosystem over the next three years. Some of the key initiatives underway include launch of Tech Mahindra’s Blue Marble on IBM Cloud for Telecommunications to drive 5G energy, collaboration to grow cybersecurity business with IBM Cloud Pak for Security, and strengthening and expanding portfolio through cloud based offerings.
The business will also see co-creation and co-innovation through innovation labs and Centres of Excellence as the two companies strengthen their partnership to pursue the USD 1 trillion Hybrid Cloud market opportunity. “We see the possibility in three things. In the near term, we see the opportunity around hybrid cloud and AI. And then in the medium to longer term, we see an opportunity in quantum,” IBM Chairman and CEO Arvind Krishna told reporters during a implicit briefing.
The global partnership between Tech Mahindra and IBM spans over two decades. The companies have developed unique solutions and accelerators by leveraging IBM Blockchain, Data and AI and Security capabilities.
In April 2020, Tech Mahindra had joined IBM hybrid cloud ecosystem with the aim to help customers transform operations by enabling them to migrate core business applications to the IBM Cloud. In July, Tech Mahindra launched a new digital platform that leverages IBM blockchain for the global media and entertainment industry to enable production houses and content creators to track revenue, royalty payments, manage rights and address content piracy.