Tech Mahindra has announced a strategic partnership with SoftTech, a provider of advanced digital solutions for the construction and civil infrastructure industry, to digitally transform the global construction and infrastructure industry. The collaboration will bring together Tech Mahindra’s technological capabilities and SoftTech’s domain expertise to provide customised solutions for end-to-end digital transformation of business in the construction and infrastructure industries.
The collaboration will enable customers in the government and corporate sectors to streamline business operations, increase efficiency, and improve customer experience by leveraging cutting-edge technologies such as AI, ML, BIM, Digital Twins, AR, VR, Mixed Reality (MR), Construction Wearables, Robotics, Metaverse, and IoT.
Jagdish Mitra, Chief Strategy Officer and Head of Growth, Tech Mahindra, said in a statement that the construction industry accounts for 13 percent of global GDP and must constantly re-invent and innovate in order to become more efficient and address cost burdens. The industry has made significant advances in digitalisation, and numerous examples of success have increased demand for next-generation technologies. Tech Mahindra and SoftTech intend to create more sustainable and responsible solutions for social and environmental impacts in the Architecture-Engineering-Construction (AEC) sector. Among the partnership’s strengths are an innovative online inspection-approval system, an ERP solution for the real estate and construction industries, an online building information model, and so on.
The collaboration will strengthen Tech Mahindra’s market position in the construction industry while also empowering organisations with seamless implementation and integration of digital solutions across departments, functions, and the workforce at the desk and on the field. Tech Mahindra and SoftTech will also work to cross-skill their resources by implementing training programmes for knowledge sharing on various tool implementations, scaling applications, and other topics, resulting in a skilled talent pool for innovative and scalable solutions.
Vijay Gupta, Founder, Chairman and Managing Director, SoftTech, said, “We believe that the construction industry is at the cusp of undergoing a complete digital transformation, and our partnership with Tech Mahindra creates a great platform to cater to the needs of the industry. With Tech Mahindra’s industry-leading expertise in the manufacturing segment, the company has succeeded to scale the business upwards to cross a billion-dollar run-rate. We are confident that this, combined with their deep-tech capabilities in 5G and Metaverse, will provide our products scalability in terms of customer base and technical know-how, which will help deliver more value to international construction and infrastructure clients.”
For comprehensive business transformation, Tech Mahindra believes in the DigitALL philosophy. This collaboration aligns with Tech Mahindra’s focus on digital growth. Through the NXT.NOW framework, which aims to improve ‘Human Centric Experience,’ Tech Mahindra invests in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.
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