Tech Mahindra and AVEVA set up global CoE to drive digital adoption

Indian IT services firm Tech Mahindra in collaboration with British IT consulting company AVEVA has established a Centre of Excellence (CoE) at its Pune campus to help industries accelerate their digital adoption process and enhance performance, the company announced on Wednesday.

The CoE was inaugurated in the presence of Emon Zaman, Senior Vice President, of Asia Pacific, AVEVA, and Narasimham RV, President, of Engineering Services, Tech Mahindra. The center will create digital transformation solutions for industry-specific use cases, Tech Mahindra said in a statement.

"This CoE will combine Tech Mahindra's expertise in process manufacturing, Industry 4.0 capabilities, and AVEVA's deep industry knowledge and software applications. It will offer various solutions, including digital production, digital supply chains, connected operations, asset performance, plant digitization, and engineering information management," it said.

It further said the solutions will help industries such as oil and gas, energy, power and utilities, infrastructure, mining, metal minerals, and manufacturing to accelerate the digital adoption process and enhance performance.

"It is estimated that the worldwide digital transformation spending will reach nearly USD 3.9 trillion in 2027. However, industries like oil & gas, mining, and manufacturing continue to face legacy infrastructure challenges resulting in the slow adoption of new digital solutions that can help improve their efficiency and quality. In this direction, our CoE will develop next-gen solutions to accelerate digital adoption within these sectors, offering relevant analytics and business outcomes," Narasimham RV said.

The CoE will leverage technologies like the industrial internet of things (IIoT), digital twin technology, cloud infrastructure, and connected worker platforms to enable efficient plant engineering through data management, asset performance management, and smart factory processes for enterprises.

Last week, Tech Mahindra said, it joined hands with IT major IBM to set up a Synergy Lounge in Tech Mahindra’s Singapore campus to accelerate digital adoption in Asia Pacific. The lounge will assist enterprises in operationalizing and extracting value from next-gen technologies such as AI, intelligent automation, hybrid cloud, 5G, edge computing, and cyber security.

Best practices will be shared with Tech Mahindra’s Synergy Lounge in Bengaluru and other Centers of Excellence to co-innovate and co-develop unique enterprise offerings and solutions, it said.

Tech Mahindra has also recently unveiled plans to merge two of its wholly-owned subsidiaries, Born Group and Tech Mahindra (Americas). The objective behind this strategic move is reportedly to harmonize business operations, enhance cost efficiency, and mitigate compliance risks, the company said in a regulatory filing with the Bombay Stock Exchange (BSE). The appointed date of the merger is April 1, 2024.