Tech Mahindra builds its first development centre in Romania
Pune-based information technology services enterprise Tech Mahindra has set up its first development centre in Timisoara, Romania.
The development centre will focus on network transformation by leveraging 5G technology for key customers in Europe, the company said in a statement.
Tech Mahindra has deployed a team of 100 employees at the centre to manage different core, radio access network (RAN) and transmission network operations.
The company claimed that these network operations will be automated and transformed by next year with the help of artificial intelligence (AI) and machine learning (ML) and technology solutions.
“Tech Mahindra’s new development centre here will serve as a hub for our European operations. It will further enable us to expand exponentially by riding the growth wave that the IT industry is set to witness in the next 3-5 years with the emergence of new technologies like 5G, automation, and artificial intelligence,” said Vikram Nair, president, Europe, the Middle East and Africa (EMEA), Tech Mahindra.
Europe has been absent from AI technology space despite having a large pool of AI researchers. Among the 28 European Union member states, Romania has the lowest number of people working in skilled technology jobs, a recent industry report showed. The country has also decreased its spending on research and development.
Over the past few years, however, IT majors like IBM, HP and Accenture have started exploring the European region, including Romania, for talent.
Technology giant Cognizant also recently bought a Romanian software company Softvision in a deal that, according to media reports, was over $500 million.
For Tech Mahindra, the development centre in Romania is its latest attempt at expanding in the European market. It had earlier partnered with Netherlands-based Quantoz, a blockchain-based solution provider, to offer blockchain-as-a-service for secure digital payments.
The company has also increased its efforts in offering blockchain and Industry 4.0 solutions to enterprises across the world.
Earlier in the month, it had launched a 5G-enabled end-to-end business and technology solutions, jointly developed with American networking technology major Cisco.
In September, it had joined hands with Massachusetts-based digital solutions startup Adjoint to provide a blockchain solution for financial management and insurance services.