Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, June 20 2019 - 22:50
AsiaNet
Mindtree Recognized for its Digital Excellence by ISG
WARREN, New Jersey and BANGALORE, India, June 20, 2019 /PRNewswire-AsiaNet/--

    ISG book highlights Mindtree's digital capabilities for work with Lufthansa 
Airlines  and a major consumer products company

    Mindtree, a global technology services and digital transformation company, 
has been recognized by Information Services Group (ISG), a leading global 
technology research and advisory firm, for its role in two of the top 25 
examples of digital transformation in 2019, as featured in the newly published 
ISG book Digital Excellence: 25 Winning Partnerships.

Logo: https://mma.prnewswire.com/media/633364/Mindtree_Logo.jpg

    Mindtree is recognized for its work with Lufthansa Airlines and a global 
consumer packaged goods brand. The ISG book details how Mindtree successfully 
led both enterprises on their digital journeys. Winning implementations include:

    . Lufthansa: Many airlines struggle to be price-competitive while also 
retaining profit margins in a business that has significant fixed costs. To 
solve this challenge, Lufthansa partnered with Mindtree to design and develop a 
predictive analytics solution that forecasts future demand and optimal seat 
prices to offer consumers. It uses a tailored machine learning model to analyze 
historical sales and compute marginal revenue.

    . Global Consumer Product Brand - For consumer product companies, the 
physical store remains the leading sales channel. Mindtree worked with the 
organization's 1,000+ products and 65+ brands that serve 1+ million stores on a 
deep neural network-based system to generate personalized recommendations for 
independent retailers about inventory, promotions and products. The system now 
provides 2 million real-time recommendations per quarter based on factors like 
retailers' behavior, time of year, store performance and neighborhood 
characteristics.

    "At Mindtree, we are implementing innovative AI-based solutions, leveraging 
machine learning and deep learning models, to deliver real business results for 
our clients, across different functions and customer segments," said Sreedhar 
Bhagavatheeswaran, SVP and global head of digital business, Mindtree. "This 
recognition by ISG acknowledges how our digital innovation methodologies, data 
science and AI expertise and industry domain knowledge enables our clients to 
create differentiated customer experiences and maintain competitive advantage."

    ISG's Digital Excellence: 25 Winning Partnerships is the product of a 
rigorous examination of a significant number of digital case studies submitted 
by the provider community. ISG evaluated each case study by interviewing the 
customers involved, assessing the impact of each transformation on the 
customer's business and indexing ISG's evaluation criteria to determine the top 
25 case studies that would be published in the book.

    "We have selected Mindtree as among the best of the best because their 
recent work with two leading industry brands has demonstrated a deep and 
practical understanding of what it truly means to digitally transform an 
enterprise," said Paul Reynolds, partner and chief research officer, ISG. 
"Through their innovative execution, application of cutting-edge digital 
technologies and overall commitment to excellence, Mindtree has helped its 
customers achieve impressive, tangible business results."

    Each of the digital transformation case studies published in the book was 
evaluated on the basis of the following criteria:

    . Uniqueness: The provider's ability to help its clients think beyond the 
obvious in digital transformation and design the abstract.

    . Complexity: Obtaining success while driving the design and delivery of 
complex digital solutions.

    . Impact: The net business impact the transformation delivered to the end 
client.

    . Commitment to Client Success: The provider's commitment to the success of 
its clients, as demonstrated through flexibility, collaboration, investments or 
commercial innovations.

    To view Mindtree's digital case study in ISG's Digital Excellence: 25 
Winning Partnerships book visit this link 
[https://research.isg-one.com/reportaction/Digital-Excellence-25-Winning-Partner
ships/Marketing ] .

    About ISG

    ISG (Information Services Group) (Nasdaq: III) is a leading global 
technology research and advisory firm. A trusted business partner to more than 
700 clients, including more than 70 of the top 100 enterprises in the world, 
ISG is committed to helping corporations, public sector organizations, and 
service and technology providers achieve operational excellence and faster 
growth. The firm specializes in digital transformation services, including 
automation, cloud and data analytics; sourcing advisory; managed governance and 
risk services; network carrier services; strategy and operations design; change 
management; market intelligence and technology research and analysis. Founded 
in 2006, and based in Stamford, Conn., ISG employs more than 1,300 
digital-ready professionals operating in more than 20 countries-a global team 
known for its innovative thinking, market influence, deep industry and 
technology expertise, and world-class research and analytical capabilities 
based on the industry's most comprehensive marketplace data. For more 
information, visit www.isg-one.com [http://www.isg-one.com ].

    About Mindtree

    Mindtree [NSE: MINDTREE] is a global technology consulting and services 
company, helping Global 2000 corporations marry scale with agility to achieve 
competitive advantage. "Born digital" in 1999, more than 340 enterprise clients 
rely on our deep domain knowledge to break down silos, make sense of digital 
complexity and bring new initiatives to market faster. We enable IT to move at 
the speed of business, leveraging emerging technologies and the efficiencies of 
Continuous Delivery to spur business innovation. Operating across 17 countries, 
we're consistently regarded as one of the best places to work, embodied every 
day by our winning culture made up of 20,000 entrepreneurial, collaborative and 
dedicated "Mindtree Minds."

    All product and company names herein may be trademarks of their registered 
owners.

    For more information, contact:

    INDIA 
Rahul Nag 
Mindtree Ltd 
+91-9958644228 
Rahul.Nag@mindtree.com

    UNITED STATES 
Erik Arvidson 
Matter 
+1-978-518-4542 
mindtree@matternow.com

    EUROPE 
Susie Wyeth 
Hotwire 
+44-20-7608-4657 
susie.wyeth@hotwireglobal.com




Source: Mindtree