Mahindra and Cisco sign MoU to offer Enhanced Services
Mahindra & Mahindra and Cisco have signed a comprehensive Memorandum of Understanding (MoU), under which the parties intend to collaborate on go-to-market strategies in areas that include smart cities, virtual dealership, sports & entertainment, and cloud services. The multifaceted strategic interlock brings together Cisco's technology prowess and Mahindra & Mahindra's leadership and expertise across diverse industries and market segments in India.
Anand Mahindra, Vice-Chairman & Managing Director, Mahindra Group, said, "By collaborating with Cisco to build smarter, connected communities, virtual dealerships and other projects, we are empowering our stakeholders - dealers, customers, partners and others to use technology for the greater good, thereby enabling them to rise. I am absolutely delighted that the first project under this initiative is intended to be the Mahindra Innovation Park, which will create new benchmarks through its smart solutions."
"This announcement with Cisco demonstrates the solution-centric approach of our IT sector companies - Mahindra Satyam and Tech Mahindra. The four key areas of Smart Cities, Virtual Dealership, Sports & Entertainment and Cloud services, are critical in our ICT vision and we look forward to working with Cisco to achieve it faster and better," said Ulhas Yargop, President, IT Sector, Group CTO and Member, Group Executive Board, Mahindra Group.
Cisco's Internet Business Solutions Group (IBSG) and Mahindra have initiated collaboration on a pioneering virtual sales experience as a complementary channel to Mahindra dealerships. The innovative sales experience will aim to expand M&M's customer touch points, enhance brand visibility and provide customers with a superior experience.
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