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Technology: Tech Mahindra launches TechMVerse, to train 1,000 engineers

Fiinews by Fiinews
March 2, 2022
in Technology
Reading Time: 3 mins read
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TechMverse to enable seamless integration of 5G expertise with AI, AR/VR and blockchain, says Gurnani

Tech Mahindra of the Indian heavyweight Mahindra Group has launched TechMVerse to deliver interactive and immersive experiences in the Metaverse for its customers while training 1,000 engineers to help solve complex business challenges.

“Metaverse has the power to disrupt our reality, as well as the future, for good. At Tech Mahindra, we have always been at the forefront of 5G and our entry into the Metaverse is yet another milestone in our journey of catalyzing future readiness and disrupting and transforming customer experiences,” CP Gurnani, MD & CEO, Tech Mahindra, said on 28 Feb 2022.

“The fundamental layers of metaverse are very well integrated within Tech Mahindra and its competencies. From infrastructure to experience, from spatial computing to now commerce, Tech Mahindra’s platform, the TechMverse would enable a seamless integration between our known expertise in 5G with our skills in AI, AR/VR and blockchain.

“We would be training workforce of 1,000 engineers to ensure they are ready to solve complex business challenges and imagine new worlds for our customers and society,” he said.

With an aim to transform customer experience and deliver real business outcomes, Tech Mahindra will leverage its world-leading network and infrastructure capabilities along with its foundational technological capabilities including pervasive Artificial Intelligence (AI), Blockchain, 5G, Augmented Reality (AR), Virtual Reality (VR), and Quantum Computing to build B2B use cases across sectors.

In its initial phase, Tech Mahindra will leverage the opportunities presented by the Metaverse through various use cases including DealerVerse – metaverse-based car dealership, Middlemist – NFT marketplace, Meta Bank – a virtual bank, and gaming center.

It will offer immersive digital and professional experience services around design, content, as well as low code plug and play Non-Fungible Tokens (NFT) and Blockchain platforms, while also aligning the metaverse strategy with Tech Mahindra’s digital and Environmental, Social, and Governance (ESG) goals.

Further, Tech Mahindra has also collaborated with the Mahindra & Mahindra Ltd, a company within the Mahindra Group, to offer exclusive Digital Collectibles, starting with a series based on one of the most iconic brands from the latter’s stable. These collectibles will be listed, minted, and offered for sale through Tech Mahindra’s industry-leading NFT Marketplace platform.

Metaverse is a fast-evolving digital environment where individuals can interact with each other in a 3D virtual space. As the global Metaverse revenue opportunity could approach US$800 billion in 2024, Tech Mahindra is geared up to harness the power of Metaverse to bring imagination to life and offer futuristic experiences NOW.

Network of the future, 5G, will form the backbone to provide enhanced experience to customers in the metaverse universe.

Manish Vyas, President, Communications, Media & Entertainment and CEO, Network Services, said, “Metaverse is a disruptive opportunity to unlock the next frontier of new-age digital immersive experiences. With our foray into the Metaverse, Tech Mahindra is geared to enable limitless opportunities in the virtual world by building scalable services through foundational capabilities and device engineering expertise.”

As part of NXT.NOWTM framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer. fiinews.com

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