Information technology (IT) services firm Tech Mahindra will offer blockchain solutions to enterprise customers on Amazon's cloud platform, Amazon Web Services.
The Pune-based IT major said that the company will architect, implement and market supply chain solutions based on blockchain across verticals including aviation and aerospace, telecom, and healthcare, according to a statement.
Tech Mahindra is an advanced consulting partner for AWS and will build these solutions on Amazon managed blockchain platform. This will help clients to create and manage scalable blockchain networks using the popular open source frameworks.
In the aviation and aerospace vertical, Tech Mahindra will provide a kit management solution that will effectively track and trace the ‘kits’ as they are procured from multi-tier suppliers in the aviation industry.
For the telecom industry, outbound logistics solutions will provide enhanced visibility for original equipment manufacturers (OEMs) on the expected time of arrival for business to consumer (B2C) supply chain.
In the healthcare space, its new medical material track and trace solution will allow for a timely tracking and identification of fraudulent medical materials, personal protective equipment (PPE) kits, face masks, gloves and sanitisers) through the medical supply chain.
“Ensuring supply chain continuity is paramount and needs more attention in the coming times. Organisations are advised to leverage technologies like blockchain to address the challenges and create a competitive advantage for themselves. Our collaboration with AWS will support future pandemic preparedness and accelerate an economic rebound post Covid-19 for organisations operating global supply chains and eliminate silos,” Rajesh Dhuddu, blockchain and cybersecurity practice leader at Tech Mahindra said.
Tech Mahindra added that it has plans to develop and market several blockchain solutions across multiple industries in the next 12 to 18 months. The company said that 81% of supply chain leaders aren't completely confident in their supplier data, while 60% say it took them four days to update outdated supplier information, Tech Mahindra added.
Earlier this month, Tech Mahindra had launched a cloud operations and subscription management platform for enterprises called iCOPS, a platform to improve efficiency by leveraging artificial intelligence for IT operations and analytics, with data security and cost optimisation across all cloud environments.
Last month, German telecom operator Telefónica Deutschland selected Tech Mahindra to run its network and services operations apart from operating its 5G network, while also developing artificial intelligence and machine learning use cases for their customers.
The IT major also recently announced a global strategic partnership with CyQureX, a London based cybersecurity solutions provider, to leverage the latter's core software defined perimeter technology and solutions to help clients address the ‘zero trust’ environment.