Tech Mahindra and Tazz Networks to accelerate the creation and delivery of next-generation IP services
Tech Mahindra, a leading provider of IT Services and Telecom Solutions and TAZZ Networks, Inc., a leading provider of policy control solutions that assure the quality of IP services, today announced the formation of a partnership designed to help service providers accelerate the creation of next-generation IP services.
The global partnership enhances Tech Mahindra’s solution offerings for wireline, wireless and convergent service providers. Tech Mahindra will build a system integration practice around the TAZZ Policy Control System (PCS) developing a standardized set of reusable capabilities and interfaces for the rapid creation and delivery of value-added Service Provider offerings such as IPTV, Video-on-Demand, VoIP and Bandwidth-on-Demand.
“Demand for next-generation service delivery architectures among the world’s leading service providers is expanding exponentially”, said C.P. Gurnani, President (International Operations) Tech Mahindra Limited. “To capitalize on this demand we are aggressively expanding our expertise and solution capabilities in this space. We are focused on reducing implementation time by creating pre-integrated service delivery solutions, and TAZZ is an important component of this strategy”.
Tech Mahindra’s extensive experience in building next-generation service delivery architectures for the world’s leading service providers will now be enhanced with a tool that enables the creation of reusable, pre-integrated service delivery capabilities. Customers will benefit from faster service activation, improved quality of service through real-time network provisioning and direct control of the service experience. These capabilities will empower consumers to dynamically personalize and activate services in real-time based on location, device and identity.
“We are extremely excited to be partnered with a company that has such extensive reach into the service provider community,” said
Sourced From: Adfactors Public Relations Pvt Ltd
Tech Mahindra stock price
On October 23, 2014, Tech Mahindra closed at Rs 2359.95, up Rs 23.20, or 0.99 percent. The 52-week high of the share was Rs 2541.90 and the 52-week low was Rs 1467.00.
The company's trailing 12-month (TTM) EPS was at Rs 110.98 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 21.26. The latest book value of the company is Rs 364.78 per share. At current value, the price-to-book value of the company is 6.47.
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