Tech Mahindra to manage IT infra for Volvo Car group

Written By Unknown on Selasa, 18 Maret 2014 | 21.03

The scope of the partnership, which was signed in February, covers 2,800 servers across Volvo Cars' regional offices, global factories, global data centre, R&D and manufacturing IT, Tech Mahindra said.

IT firm Tech Mahindra  on Tuesday said it will provide end-to-end IT infrastructure support and services to Volvo Car Group in various countries, including Sweden, China and Belgium.

Also Read: Tech Mah in talks for offering IT services in Saudi Arabia

The scope of the partnership, which was signed in February, covers 2,800 servers across Volvo Cars' regional offices, global factories, global data centre, R&D and manufacturing IT, it said in a statement.

The service also covers 4,000 factory devices in Sweden, Belgium, China and 30,000 end users and their work devices, including parts of the Volvo Cars dealer network, it added.

Financial details of the deal were not disclosed.

The partnership also encompasses application maintenance and development, including the introduction and management of a hybrid cloud strategy.

"Volvo Cars values and goals strongly emphasise reliable products and services in all operations. The vision outlines IT as a competitive advantage for all Volvo Cars business units. Tech Mahindra is excited to be supporting and sharing that vision for quality in each business area," Tech Mahindra Head Europe (Enterprise) Vikram Nair said.

Volvo Cars will be supported by Tech Mahindra's Infrastructure Management Services (IMS) practice team.

The IMS team covers data centres, end user computing, networks, security and IT operations management to over 190 customers across industries including telecom, banking, manufacturing, insurance, retail and healthcare.

Tech Mahindra stock price

On February 25, 2014, Tech Mahindra closed at Rs 1836.70, up Rs 6.65, or 0.36 percent. The 52-week high of the share was Rs 1906.00 and the 52-week low was Rs 895.25.


The company's trailing 12-month (TTM) EPS was at Rs 98.45 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 18.66. The latest book value of the company is Rs 183.70 per share. At current value, the price-to-book value of the company is 10.00.


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