Tech Mahindra to create new revenue streams, 1,000 Jobs in UK

ETtech

Highlights

Tech Mahindra said it is looking to create new revenue streams
Tech Mahindra aims to bring out the best of solutions powered by next-gen technologies
Information Technology firm will collaborate with an academia and research institute in the UK to co-innovate

Bengaluru: Tech Mahindra announced on Friday that it will create new revenue streams and add 1,000 jobs in the UK in artificial intelligence and data science domains.

The announcement on the back of British Prime Minister Boris Johnson’s visit to India to bolster the bilateral ties. The Mahindra Group company will collaborate with a research institute in the UK to co-innovate at Tech Mahindra’s Makers Lab in Milton Keynes, according to its statement.

Makers Lab is a research and a development hub for co-innovation of solutions and services of the future with customers, partner companies, research institutions, universities, and start-ups. The initiative aims to grow innovation in both countries and harness the power of emerging technology to confront global challenges.


Innovations and applications ofartificial intelligence can significantly transform productivity and create revenue streams for businesses in the UK.Tech Mahindra aims to bring out the best of solutions powered by next-gen technologies for industries to solve specific challenges. We are also committed to investing in the local communities we operate in, and initiatives like these help increase the employability of future technologists in the UK as well as globally,” said CP Gurnani, managing director and CEO, Tech Mahindra.

Tech Mahindra’s research arm Makers Lab is focused on next generation technologies such as artificial intelligence, machine learning, robotics, Internet of Things, augmented reality/ virtual reality, 5G.
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