DEBUG: PAGE=domain, TITLE=View all Vendors,ID=1466,TEMPLATE=vendors
toggle expanded view
VENDORID = -1
VENDOR =
VENDORparam =
Title = View all Vendors
Description =

Search across all vendors:

Tech Mahindra - Transforming Financial Services with Cloud, SaaS, and BPaaS Services

Vendor Analysis

by Andy Efstathiou

published on Dec 09, 2022

Access to this report is restricted to logged in clients with access. Login to get full access

Report Overview:

This NelsonHall vendor assessment analyzes Tech Mahindra’s offerings and capabilities in Cloud, SaaS, and BPaaS services for the banking and financial services sector

Who is this Report for:

NelsonHall’s ‘Transforming Financial Services with Cloud, SaaS, and BPaaS Services’ profile on Tech Mahindra is a comprehensive assessment of Tech Mahindra’s offerings and capabilities for the BFS sector, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Cloud, SaaS, and BPaaS processes and identifying vendor suitability for Cloud, SaaS, and BPaaS services RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the support services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Tech Mahindra’s BFS-focused Cloud, SaaS, and BPaaS service offerings, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphasis, and new developments
  • Analysis of the company’s strengths, weaknesses, and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization including the location of delivery locations.

Key Findings & Highlights:

Tech Mahindra has worked with financial institutions for 20 years. It has 324 financial institutions as clients. It has built its cloud services over time by:

  • Developing proprietary IP focused on cloud migration and industry-specific processes (lending, payments, and wealth management)
  • Placing solutions on the hyperscaler marketplace to increase ease of access for clients 
  • Acquiring product vendors. Key acquisitions over the past several years include:
    • Digital On Us: a hybrid cloud and DevOps services provider
    • Brainscale: a cloud consulting firm specializing in cloud migrations, app innovation, cloud governance & security, and managed services
    • Momenton: a digital engineering and cloud-tech consultancy firm
    • Tenzing: an end-to-end tech consulting firm providing services such as business & IT strategy.

Tech Mahindra will continue to focus its efforts on cloud delivery services and will increasingly productize its offerings to facilitate rapid deployment and ease of change.

Login to get full access:

close