Active Stocks
Fri Apr 12 2024 15:57:45
  1. Tata Steel share price
  2. 163.50 -1.00%
  1. NTPC share price
  2. 362.00 -0.32%
  1. ITC share price
  2. 430.10 -1.56%
  1. HDFC Bank share price
  2. 1,518.90 -1.10%
  1. State Bank Of India share price
  2. 766.75 -1.57%
Business News/ Industry / Infotech/  Tech Mahindra says lockdown will bring new technology segments in focus
BackBack

Tech Mahindra says lockdown will bring new technology segments in focus

This phase will mean an increased focus on technologies like 5G, AI, augmented reality and virtual reality
  • Other areas which would see an uptick include e-learning, e-governance, e-commerce, logistics
  • For now, Tech Mahindra like many others in the sector is focusing on keeping employees motivated. (Photo: Reuters)Premium
    For now, Tech Mahindra like many others in the sector is focusing on keeping employees motivated. (Photo: Reuters)

    Mumbai: India’s information technology (IT) service outsourcing faces an unprecedented challenge—to support essential businesses globally without letting their employees step out of their homes.

    And even as these companies support business-critical functions across sectors, including healthcare, banking, and backend IT for government services, their focus currently is on maintaining continuity of essential services in addition to ensuring employee well-being.

    Thus it is obvious for Tech Mahindra to look into how client security measures need to be re-evaluated to address the new work from home normal.

    "This pandemic has pushed businesses across sectors to work from home. So we have relaxed our work from home policy and are encouraging associates to avail of the option," said CP Gurnani, managing director and chief executive officer, Tech Mahindra.

    IT businesses come under essential/emergency services, and IT companies' operations are being conducted in accordance with the government’s advisories and directives.

    For Tech Mahindra, which largely services the communication industry, however, the initial impact of coronavirus in China meant looking at what the rest of the world was soon to follow in terms of their supply chain and infrastructure requirements.

    "Much before the lockdown (across global sites), we conducted mock drills to address the situation better and deployed 20 task forces working to ensure that we are ready to mitigate any health or safety risks," said Gurnani.

    So while China was fighting covid-19 fiercely, it was business as usual for Tech Mahindra from its offices in China except for its centre in Wuhan, where operations had been suspended during the lockdown.

    Its centres in Shanghai and Beijing were fully operational and Tech Mahindra's own offerings such as Workplace as a Service (WaaS) and Work from home call centre application have helped the company in maintaining continuity of work.

    So do we see new focus areas emerging thanks to this lockdown? Gurnani predicts that this phase in everyone's life will mean an increased focus on technologies like 5G, artificial intelligence, augmented reality and virtual reality among others going forward.

    "The impact of the current crisis is still not known as the situation remains volatile. With the larger workforce working from home, we are expecting to see an uptake on cloud services, cybersecurity, and data security. The current circumstances may also accelerate the adoption of 5G to meet the demands of bandwidth, performance, and network slicing," he said.

    Other areas which would see an uptick include e-learning, online education, e-governance, e-commerce, logistics and fulfillment, IoT-based (Internet of Things) solutions of various kinds.

    But that is the future. For now, the company, as many others in the sector is focusing on keeping employees motivated.

    Tech Mahindra is encouraging its managers to regularly check-in on their teams to identify morale issues and help them fix these immediately. In addition, wellness partners and internal learning teams conduct virtual programs with associates on how to reduce anxiety and working around uncertainty.

    “We are also conducting sensitization programs for managers to help them cope with stress of managing workforce remotely and effectively as these are unprecedented times, ," said Gurnani.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less
    Published: 11 Apr 2020, 01:49 PM IST
    Next Story footLogo
    Recommended For You
    Infotech Stocks
    ₹1,539.1-1.19%
    ₹1,506.7-1.44%
    ₹4,917.4-0.6%
    ₹3,982.550.45%
    ₹477.25-1.33%
    Switch to the Mint app for fast and personalized news - Get App