Altice Labs has been consolidating its position as one of the world's largest and most important players in innovation, with products installed in more than 60 countries on all continents, and is considered a benchmark in the supply of excellent solutions in the market. This recognition has translated into an increase in the weight of its international business, which today accounts for more than 70%.
Tech Mahindra is an Indian company that operates in the global market with a focus on digital experiences and the management of new generation technologies such as 5G, Quantum Computing, Cybersecurity and Artificial Intelligence. Concerned about a sustainable future, Tech Mahindra is the only Indian company to have been awarded the "Terra Carta" seal, an initiative that recognizes global companies that demonstrate their commitment to creating sustainable markets. This partnership will make it possible to explore new business opportunities in the communications and media industry, providing telecommunications operators with high levels of efficiency and agility to build applications in the area of 5G, optical fiber and Business Support Systems and Operations.
Customers around the world will be able to take advantage of Altice Labs' advanced products and solutions, together with Tech Mahindra's consulting and implementation experience, to accelerate the availability and monetization of new services, using the latest technologies, tools and methodologies in the most cost-effective way. Alcino Lavrador, Managing Director of Altice Labs, said: "The global partnership with Tech Mahindra is an important milestone for Altice Labs as it contributes to increasing our positioning and exposure in the market as well as allowing us to reach more customers through its ecosystem. We will also be able to use Tech Mahindra's professional services to accelerate our product and solution transformation roadmap, taking advantage of their extensive experience." Sandeep Phadke, Head of Europe - Communications, Media, Entertainment Business at Tech Mahindra, said: "Telecommunications technologies are vital to the modern digital society. Telecom service providers can only ensure a good, seamless customer experience if they are quick to innovate, integrating new services and features into their existing portfolio of products and services.
We are extremely happy with this partnership with Altice Labs, a leader in innovation, which will leverage next-generation technologies based on the scalability, reliability and technical capabilities of the telecommunications ecosystem of the future." Located in Aveiro, Altice Labs focuses on developing innovative products and services for the ICT (Information and Communication Technologies) markets. There are more than 700 highly qualified professionals dedicated exclusively to bringing the most advanced solutions in the areas of Artificial Intelligence, IoT, Big Data, 5G and networks to companies and organizations worldwide, helping to improve the lives of citizens and cities. Altice Labs also promotes cooperation with universities and other Research & Development institutions around the world, positioning itself as a provider of knowledge and value in the market and industry.