Tata Tech’s Swedish arm partners with Annevo to drive smarter mobility

Engineering technology services firm Tata Technologies has partnered with Swedish digital innovation firm Annevo for a connected mobility platform.

Escenda, a Swedish subsidiary of the Tata Group Company, will work with automobile companies in the country to leverage the synergy of talent, technologies, products and solutions to respond to the evolving customer demands.

Pune-based Tata Technologies said global collaboration will offer a full stack of end-to-end engineering capabilities and digital solutions for automotive manufacturers in Sweden and worldwide.

Arun Krishnamurthi, president, Europe, Tata Technologies, said that from the beginning of May, the partnership will focus on Scandinavia and China where both companies are growing at a rapid pace.

The companies also said that the partnership between the two companies will result in a broader customer base where assignments will range from product-oriented segments to digital solutions and services.

They added that customers will be offered specialized services within UX, development, and innovation and full-system development where digital meets physical.

Interestingly, other Tata Group companies have been forging partnerships as well for expanding business.

Earlier this month, Tata Communications and San Jose, California-based networking provider Cisco partnered to offer a new managed software defined wide area network (SD-WAN) Solution for enterprises both on the cloud and on-premise.

Also this month, software services major Tata Consultancy Services (TCS) said that it had enabled omnichannel customer experience for Israeli financial institution Bank Yahav. The company enabled the experience using its BaNCS Digital Platform for Banking and Trading.

In April, the country’s largest software services exporter had said that its net profit for the fourth quarter of the financial year 2018-19 grew 18% from a year earlier to Rs 8,126 crore while its operating revenue rose at a similar rate to Rs 39,203 crore.