Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, December 09 2021 - 21:50
AsiaNet
Mindtree Named a Major Contender in Everest Group PEAK Matrix® for IoT Supply Chain Solutions
WARREN, N.J. and BANGALORE, India, Dec. 9, 2021 /PRNewswire-AsiaNet/ --

   Mindtree [https://www.mindtree.com/], a global technology services and 
digital transformation company, today announced that it has been named a Major 
Contender in the Everest Group Internet of Things (IoT) Supply Chain Solutions 
PEAK Matrix® Assessment 2022. 

   Everest Group positioned Mindtree as a Major Contender in terms of market 
impact and vision and capability. The following were among Mindtree's strengths 
highlighted by the report: 

   - Mindtree NxT has developed competent solutions under its NxT Insights 
platform with innovative use cases that go beyond asset tracking and fleet 
management to also cover gate and congestion management, inventory 
synchronization, and quality monitoring. 
   - The firm's end-to-end capabilities ranging from consulting to 
implementation and management are also strengthened by the firm's expertise 
across the IoT value chain such as sensors, gateways, and edge analytics

   As part of the assessment, Everest Group analyzed 11 IT service providers 
across the globe that exhibit a strong focus on supply chain through their 
IoT-based solutions aimed at addressing challenges across fleet management, 
inventory management, warehouse management, cold chain monitoring, and other 
areas of the supply chain landscape. Mindtree was rated highly for its 
technical capability (technical sophistication and breadth/depth across 
technology suite), services capability (effectiveness and breath/depth of 
services portfolio across the services suite), portfolio mix (solution 
footprint across geographies, industries, and buyer size segments), and vision 
and strategy (vision for the company and clients, future roadmap and 
strategy).   

   "This recognition by Everest Group validates our platform of platforms 
strategy built on the Mindtree NxT Insights Platform, helping customers deliver 
measurable outcomes and unlock new revenue streams with industry-aligned 
functional products," said Deepak Parameswaran, Chief Business Officer of 
Mindtree NxT. "Organizations worldwide are looking for more agile, optimized 
and resilient supply chains that can quickly adapt to changing market 
conditions, customer expectations and environmental considerations, while being 
responsive to ever more interlinked businesses, complex products and customized 
transactions. By enabling enterprises to build and participate in smarter, more 
connected supply ecosystems using IoT, we are helping them drive greater 
accuracy, transparency, accountability and automation across everything from 
production management and inventory control to order processing and delivery, 
thus creating superior customer experiences and value."

   "Disruption of the supply chain was one of the initial and momentous impacts 
of the pandemic across the globe," said Alisha Mitta, Practice Director, 
Everest Group. "Its digitalization to build a sustainable and resilient 
ecosystem underpinned by real-time data-driven decision making is fast becoming 
a C-Suite priority. Mindtree NxT has built competent solutions that encompass 
innovative use cases that go beyond asset tracking and fleet management. Its 
end-to-end capabilities ranging from consulting to implementation positions it 
as a Major Contender in Everest Group's Internet of Things (IoT) Supply Chain 
Solutions PEAK Matrix® Assessment 2022."  

   Learn more about Mindtree NxT here [https://www.mindtree.com/mindtree-nxt].

   About Mindtree         

   Mindtree (NSE: MINDTREE) is a global technology consulting and services 
company that enables enterprises across industries to drive superior 
competitive advantage, customer experiences and business outcomes by harnessing 
digital and cloud technologies. A digital transformation partner to more than 
260 of the world's most pioneering enterprises, Mindtree brings extensive 
domain, technology and consulting expertise to help reimagine business models, 
accelerate innovation and maximize growth. As a socially and environmentally 
responsible business, Mindtree is focused on growth as well as sustainability 
in building long-term stakeholder value. Powered by more than 29,700 talented 
and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & 
Toubro Group company — is consistently recognized among the best places to 
work. For more, please visit www.mindtree.com or @Mindtree_Ltd.

   For more information, contact: media@mindtree.com 

   Photo: https://mma.prnewswire.com/media/1706372/PEAK_2022_Mindtree_NxT.jpg
   Logo: https://mma.prnewswire.com/media/1004066/Mindtree_Logo.jpg

   Source: Mindtree