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Mindtree Recognized by ISG for Innovative Managed and Public Cloud Services

Posted On: 2019-11-27 10:19:11


Company recognized for strong hyperscale partnerships and automation tools

Mindtree, a global technology services and digital transformation company, has been positioned as a Rising Star in three categories as part of the ISG Provider Lens™ Quadrant report on "Public Cloud - Solutions & Service Partners 2019."

Mindtree was recognized as a Rising Star in the 'Managed Public Cloud Services' category in the U.S. ISG Provider Lens™ report, and in the 'Public Cloud Transformation Services' category in both the U.S. and Global reports.

While most enterprises today have a cloud presence, few maximize the vast opportunities that the cloud enables. With 35 leading industry partnerships and 12 cloud-native, industry-specific business platforms, Mindtree's end-to-end, holistic cloud expertise helps customers accelerate the speed of migration, achieve organizational cloud transformation and unlock the benefits of their investment.

"Building agile, cloud-native platforms and solutions that align with unique business objectives requires experience that spans industries and multiple use cases," said Manas Chakraborty, Global Head of Enterprise Service Lines for Mindtree. "In order for us to provide this end-to-end support to our customers and help them optimize their cloud potential, Mindtree has made significant investments to bolster our expertise and capabilities across domains. This recognition from ISG acknowledges the value of these investments and our ability to help customers enable rapid digital transformation and customer-focused improvements."

The ISG report cites Mindtree's strengths as:

- Automation-centric Approach - Mindtree has a portfolio of automation tools to support cloud workload assessment, migration, governance and management. Mindtree's MWatch provides customers with visibility across their entire IT infrastructure to assess inefficient processes and identify opportunities for greater productivity and performance.

- Strong AWS and Azure Capabilities - As an AWS advanced consulting partner and a Microsoft Azure strategic partner, Mindtree's robust, hyperscale cloud partnerships are a stand-out differentiator in the market. The report highlights Mindtree's special relationship with Azure as a Gold certified partner with Gold cloud platform competencies, including advanced specializations like Kubernetes.

- Google Cloud Partnership - Mindtree has strengthened its partnership with Google Cloud Platform as a "Premium Partner." This partnership advances Mindtree's automation capabilities to seamlessly migrate Big Data- and analytics-related workloads to Google cloud without much rearchitecting.

"Mindtree has been quite successful in helping its enterprises in their digital transformation journey," said Jan Erik Aase, director and global leader, ISG Provider Lens Research. "It has been working closely with AWS, Microsoft Azure and Google Cloud to co-develop innovative and advanced solutions by creating highly automated workflows for migration as well as managing the cloud environments."

The ISG Provider Lens™ Quadrant report series provides valuable insights on service provider capabilities based on ISG's unique methodology, which blends empirical, data-driven research and market analysis with the real-world working experiences and observations of ISG's global advisory team.

Shares of MINDTREE LTD. was last trading in BSE at Rs.696.6 as compared to the previous close of Rs. 714.9. The total number of shares traded during the day was 12385 in over 716 trades.

The stock hit an intraday high of Rs. 720.5 and intraday low of 694.95. The net turnover during the day was Rs. 8740536.


Source: Equity Bulls

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