Tech Mahindra, has recently announced to partner with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create digital solutions for the global renewable energy industry.
The solutions, developed by leveraging next generation technologies like Artificial Intelligence, Machine Learning, Augmented Reality,Virtual Reality and IIoT (Industrial Internet of Things) have the potential to decrease operating and maintenance expenses by 20. This partnership will enable customers to optimize their renewable energy assets and create a digital ecosystem for the global renewable energy industry.
Further the partnership will deliver high quality, end-to-end, integrated solutions to customers worldwide and provide powerful support for customers throughout the lifecycle of the asset.
Jagdish Mitra, Chief Strategy Officer & Head of Growth, Tech Mahindra, said, “At Tech Mahindra, our focus is to ensure that business decisions across industries and geographies, lead to an equitable and sustainable growth. The aim is to enhance our portfolio by developing and collaborating with partners like Mahindra TEQO to provide our global customer base a platform powered by next generation digital technologies like Artificial Intelligence and Data Science, to not only help in operational maintenance but also to optimize their renewable energy assets.”
Mahindra TEQO’s SolarPulse, a cloud-based software application, which analyses plant performance data will be synergised with Tech Mahindra’s AssetRise, which facilitates modular deployment of asset management and asset performance management, to improve asset monitoring.
Customers will have a comprehensive understanding of asset performance using advanced interactive plant performance analysis, real-time alerts, energy and event log analysis, audit or report energy production and meter analysis, automatic fault localization, remote trouble shooting etc.
Steve Odak, CEO, Mahindra TEQO, said, “The collaboration with Tech Mahindra provides a great opportunity for us to deliver a growing ecosystem of advanced technology products and services, backed by a strong team with deep domain expertise globally.
As part of its TechMNxt Charter, Tech Mahindra is focused on leveraging next generation technologies to cater to the customer’s evolving and dynamic needs.
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