Tech Mahindra, Hinduja Group’s CyQureX sign global pact for cyber security biz

Under the partnership, Tech Mahindra will provide consulting, planning, designing, integration, orchestration and automation of services and CyQureX will prioritise capabilities in the cyber security domain

PTI
Updated29 Jul 2020, 04:41 PM IST
Tech Mahindra, Hinduja Group's CyQureX sign global pact (Photo: Reuters)
Tech Mahindra, Hinduja Group’s CyQureX sign global pact (Photo: Reuters)

IT company Tech Mahindra and Hinduja Group's CyQureX on Wednesday announced a global partnership to jointly offer cyber security solutions.

Under the partnership, Tech Mahindra will provide consulting, planning, designing, integration, orchestration and automation of services and CyQureX will prioritise capabilities in the cyber security domain, a joint statement of both the entities said.

"We see cybersecurity not only as an essential service but as a key business differentiator for our clients. The partnership with Hinduja Group's CyQureX aligns with our core business proposition, and will further strengthen our position as the cybersecurity partner of choice for our customers globally," Tech Mahindra managing director and chief executive officer CP Gurnani said in a statement.

Hinduja group co-chairman GP Hinduja said with rapid transformation of business to digital, cybersecurity will be the cornerstone to protect all digital assets, particularly for digital transformation of India and other geographies.

"I am extremely delighted to see this strategic partnership formed, as it is in line with one of the core principles of our founder, partnership for growth," Hinuja said.

Simultaneously, Tech Mahindra and CyQureX will work towards product development, consulting services and delivery in the cyber security space.

Former National Security Advisor and Special Advisor on Intelligence and Security to the Prime Minister of India and executive chairman of CyQuerX M K Narayanan said that it is a critical alliance.

"It promises to take digitalisation to the next level, providing clients across the globe with fully integrated cyber security solutions," Narayanan said.

Tech Mahindra, senior vice president and global business head for ESRM, artificial intelligence and Data Analytics, Rajesh Chandiramani said COVID-19 pandemic has accelerated digital transformation resulting in increased need for cybersecurity solutions.

"This is an important partnership for us and the biggest advantage of the product is that it is software defined perimeter and our customers globally will be able to benefit from this as they will be able to now effectively protect their data," Chandiramani said.

CyQureX CEO Sunil Bangalore said agility of the network management is going to be the key driver of this partnership.

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:29 Jul 2020, 04:41 PM IST
Business NewsCompaniesNewsTech Mahindra, Hinduja Group’s CyQureX sign global pact for cyber security biz

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Adani Power share price

    476.15
    03:58 PM | 21 NOV 2024
    -47.95 (-9.15%)

    Bank Of Baroda share price

    228.60
    03:57 PM | 21 NOV 2024
    -8.6 (-3.63%)

    Tata Steel share price

    140.25
    03:58 PM | 21 NOV 2024
    0.8 (0.57%)

    Indian Oil Corporation share price

    130.75
    03:57 PM | 21 NOV 2024
    -2.4 (-1.8%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Indian Hotels Company share price

    786.85
    03:59 PM | 21 NOV 2024
    33.45 (4.44%)

    National Aluminium Company share price

    248.10
    03:59 PM | 21 NOV 2024
    7.8 (3.25%)

    Federal Bank share price

    210.80
    03:41 PM | 21 NOV 2024
    4.1 (1.98%)

    Coforge share price

    8,216.55
    03:29 PM | 21 NOV 2024
    102.65 (1.27%)
    More from 52 Week High

    Honasa Consumer share price

    237.40
    03:29 PM | 21 NOV 2024
    -26.35 (-9.99%)

    ADANI WILMAR share price

    294.45
    03:59 PM | 21 NOV 2024
    -32.65 (-9.98%)

    Adani Power share price

    476.15
    03:58 PM | 21 NOV 2024
    -47.95 (-9.15%)

    ACC share price

    2,025.80
    03:54 PM | 21 NOV 2024
    -159.25 (-7.29%)
    More from Top Losers

    VIP Industries share price

    492.75
    03:43 PM | 21 NOV 2024
    32.8 (7.13%)

    NLC India share price

    253.10
    03:59 PM | 21 NOV 2024
    16.1 (6.79%)

    Sammaan Capital share price

    159.80
    03:58 PM | 21 NOV 2024
    9.3 (6.18%)

    CRISIL share price

    5,588.00
    03:29 PM | 21 NOV 2024
    317.5 (6.02%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,645.00550.00
      Chennai
      77,651.00550.00
      Delhi
      77,803.00550.00
      Kolkata
      77,655.00550.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Companies

        HomeMarketsloanPremiumMint Shorts