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The Silicon Review Asia

Tech Mahindra aims to witness a 30-40% growth in its cyber security business in the next three years

Tech Mahindra aims to witness a 30-40% growth in its cyber security business in the next three years

Tech Mahindra, the multinational IT service provider, is looking up to its cyber security business expecting a growth by 30-40 percent in the coming three years. Rajiv Singh, Senior VP & Global Head of cyber security unit of Tech Mahindra, speaks of the company’s humble start if it could achieve the expected growth percentage in its security business. He said that it is quite a fair estimate of what it can put on the ground in response to a question on the growth and business opportunity in the space of cyber security. “You have to look at the CAGR that can only go up when you have strong alliances. When I am talking about growth, I am talking about accelerating in next 3 years. In next 3 years, it has to be accelerated”, he mentioned.

Recently, Tech Mahindra partnered with Israel Aerospace Industries, the security arm of Israel government in order to offer and develop technical security solution for utility firms and critical infrastructure. The partnership will help the company in developing the right level of internal capability to deal with the cyber security issues and grow the business. “We may start, let’s say with about 100 people internally and then they will go out and train the trainers”, said Singh.

Tech Mahindra is now targeting the Indian market, and has further plans of expanding to the US, UK, Europe and the Asia Pacific region. It has customers across several verticals, but for now it will specifically focusing on cyber police, critical infrastructure, defence forces and the IoT market.

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