Feeds

Mahindra Group seizes on Aus opportunities

Super sizes HQ in NSW

Top 10 endpoint backup mistakes

Australia’s telecommunications, mining and financial services markets have proven to be a key lure for India’s Mahindra Satyam and Tech Mahindra to significantly ramp up their local operations.

In March, Mahindra Satyam and Tech Mahindra announced the finalisation of the merger between the two companies. 12% of global revenue comes from Australian shores, and the combined companies operate in every State bar South Australia.

The newly merged entity has committed to the Australian market with the expansion of its Sydney based headquarters, pledging to create hundreds of new jobs over the next three to five years.

The head of Mahindra Satyam Australia & NZ Venki Prathivadi said that Australian revenues had doubled in the last three years.

“Australia is very important strategically for us. Our commitment will not just be financial it will be intellectual as well,” Prathivadi said. He revealed that talks were underway with a number of Australian universities to develop Centres of Excellence which would include developing new IP and training undergrads to work in the Australian operations.

He added that the group views Australia as a seed market for some of the emerging work they are doing in the area of data analytics. “Some of the things that we are doing here, we are developing here and taking t to the rest of the world,” he said.

The company has R&D development centres in India and Singapore. “We are very focussed on the new IT networks, mobility and social media and analytics and security and Australia has always proven to be a good early adopter for these emerging areas,” he said.

He added that Sydney was selected for the expansion due to the amount of NSW based customers, including Vodafone and Optus and its proximity to the ACT and emerging public sector opportunities.

®

A new approach to endpoint data protection

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?