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At the FY-23 Q1 earnings call, Tech Mahindra revealed that they are building a culture of innovation and new service offerings, like metaverse, along with aiding the delivery of differentiated and more futuristic solutions.
Tech Mahindra Chief C P Gurnani states that the company is taking bold steps in developing some new capabilities, including 5G, Metaverse and the Makers Lab, that they successfully set up at 8 different locations. He further adds that Tech Mahindra would continue to invest in data and AI labs alongside sports tech verticals with platforms such as Fan, NXT.NOW, netOps.ai, and others.
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Shedding light on the metaverse projects, Gurnani tells Analytics India Magazine that it is currently working on 60 metaverse projects globally. Of these, 25 projects are involved in ed-tech, while the remaining are in retail, automotive dealer management, repair and maintenance of cars, and other industries.
“We have a different customer base, but it is one of our fastest growing practices”, says Gurnani.