Mastek, a digital engineering & cloud transformation service provider, announced that it has made a strategic investment in VolteoEdge, a SaaS company with an enterprise-ready Edge Intelligence Platform that enables secure IoT workflows and makes business workflows smarter.
The investment demonstrates Mastek’s commitment to harness the benefits of Data, AI and IoT technologies and empower customers in a Connected Economy. VolteoEdge, in collaboration with Intel and ServiceNow, delivers Edge-as-a-Service or Edge-to-Service (E2S) to its customers across Manufacturing, Oil & Gas, Healthcare, Retail, and Infrastructure industries. The fusion of ServiceNow platforms with Edge intelligence will forge a comprehensive customer service solution that is self-monitoring in predicting and detecting service breakdowns and thereby initiating a rapid incident response, the statement said.
Through this strategic investment in VolteoEdge, Mastek aims to strengthen its customer service management & field engineering services to a more secure, intelligent, responsive, and connected ecosystem, according to the statement.
Arun Agarwal, Global Chief Financial & Investor Relations Officer, Mastek, said: “Our customers are leveraging the power of Data, AI/ML, and IoT in a secure environment. Our investment and partnership in VolteoEdge through Mastek Ventures is an exciting step to help customers in the data-driven Connected Enterprise space.”
Speaking on the occasion, Ritwik Batabyal, CTO & Innovation Officer added, “This combination of VolteoEdge platform and Mastek’s services brings a unique proposition for enterprises to connect siloed process flows, orchestrate handoffs with intelligence while digitizing engineering service.”
“In today’s environment, enterprises are trying to navigate critical talent gaps and a hybrid/remote working environment while providing stellar services to their end customers in an efficient manner. Balancing these supply and demand vectors is a tall order even for the best of organizations. Volteo and ServiceNow have a proven track record providing compelling, future-proofed solutions for our customers. Our E2S solutions enable enterprises to break down data silos, optimize internal operations and futureproof revenue flows. Mastek’s strategic investment is a testament to our abilities and will enable us to scale our vision of transforming companies into Connected Enterprises. Mastek extends our network and enhances our ability to help customers in multiple industries and geographies.” said Ravi Nannapaneni, Chief Executive Officer, VolteoEdge.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.