This large-cap IT company launched a smart device for network monitoring and assurance service

This large-cap IT company launched a smart device for network monitoring and assurance service

Indian Market
by 5paisa Research Team Last Updated: Feb 28, 2023 - 04:21 pm 142 Views

Shares of the company are trading in the green after informing about the recent development.

 SANDSTORM, a ground-breaking remote real-time network monitoring and smart device assurance solution for telcos and businesses has been introduced by Tech Mahindra. SANDSTORM is a cutting-edge system that enables service providers to remotely assess user experiences across all platforms, including connected automobiles, VR headsets, smart TVs, smartphones, tablets, and other mobile devices.

SANDSTORM enables businesses to "remotely" access any device to test & deploy apps, devices, and other items for end users using Tech Mahindra's automation platform. The platform can assist in unravelling the real-time interactions between apps and the network across various regions. It offers profound insights into information on devices at the lower layer that is linked to apps. Application development and time to market are accelerated as a result.

Share price movement of Tech Mahindra Limited

Scrip opened today at Rs 1,115.05 and made its day high at Rs 1,135.35. The 52-week high of the stock is Rs 1,574.80, whereas the 52-week low was Rs 944.10. Promoters hold 35.19%, whereas institutional and non-institutional holdings are 51.85% and 12.93%, respectively. Presently, the market cap of the company is Rs 1,08,963.74 crore.

Company profile

The prestigious Mahindra Group's Tech Mahindra is a prominent global facilitator of consulting, corporate re-engineering, and digital transformation services and solutions. The firm exemplifies the bold, fresh, and disruptive digital era by providing cutting-edge, customer-centric services and solutions to more effectively and creatively integrate technology with enterprises. Its core operating principle is "Connected World. Connected Experiences." The company's solutions assist companies in integrating their platforms across a variety of technologies to give their stakeholders real economic value.

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