Dallas–(business wire)–Mastek (NSE: MASTEK; BSE: 523704), a turnkey and trusted digital engineering and cloud transformation services provider, today made a strategic investment in VolteoEdge, a SaaS company with an enterprise-ready edge intelligence platform. announced that Enable secure IoT workflows and make business workflows smarter. This investment demonstrates his Mustek commitment to harnessing the benefits of data, AI and IoT technologies to empower customers in the connected economy.
VolteoEdge collaborates with Intel and ServiceNow to deliver Edge-as-a-Service or Edge-to-Service (E2S) to customers in the manufacturing, oil and gas, healthcare, retail, and infrastructure industries. The combination of the ServiceNow platform and Edge Intelligence creates a comprehensive customer service solution that self-monitors in predicting and detecting service failures, thereby initiating rapid incident response. Through this strategic investment in his VolteoEdge, Mustek aims to strengthen its customer service management and field engineering services and build a more secure, intelligent, responsive and connected ecosystem.
The connected enterprise sector is growing rapidly and is projected to reach US$200 billion by fiscal year 2024. These integrated services will accelerate Mastek’s ability to penetrate the emerging Connected Enterprise market and develop new revenue streams. Streamlined integration between Edge Intelligence and the ServiceNow platform allows you to consolidate siled process flows into a single platform. This enables customers to improve operational efficiency, maximize incident response reaction times, and provide real-time insights.
Arun Agarwal is Mustek’s Global Chief Financial & Investor Relations Officer. Said, “Our customers harness the power of data, AI/ML and IoT in a secure environment. His VolteoEdge investment and partnership through Mastek Ventures is an exciting step in helping customers in the data-driven, connected enterprise space.e”
Speaking on the spot Ritwik Batabyal, CTO and Innovation Officer Added, “This combination of the VolteoEdge platform and Mastek’s services offers a unique proposition for companies to connect siled process flows and use intelligence to orchestrate handoffs while digitizing engineering services.”
“In today’s environment, businesses are trying to navigate significant talent gaps and hybrid/remote work environments while delivering superior service to their end customers in an efficient manner. Balancing these supply and demand vectors is difficult even for the best organizations. Volteo and ServiceNow have a proven track record of delivering compelling and future-proof solutions to our customers. Our E2S solutions enable businesses to break down data silos, optimize internal operations, and future-proof revenue streams. Mastek’s strategic investment is a testament to our capabilities and enables us to expand our vision of transforming businesses into Connected Enterprises. Mastek expands our network and strengthens our ability to serve customers in multiple industries and geographies. ” Said VolteoEdge CEO Ravi Nannapaneni said:
“E2S is a key differentiator for our partners to bring real-time results to the services they provide to their customers. We are seeing a higher level of activity in the area of , which aligns nicely with the strategies of Mustek and VolteoEdge.” Said Tasker Generes, VP Strategy and Transformation, ServiceNow.
About VolteoEdge:
VolteoEdge is an enterprise-ready platform that addresses the challenges of edge intelligence. EDGE provides customers with affordable, reliable and transformative solutions to traditional and emerging business problems. Edge Intelligence monitors itself, detects and predicts failures, and initiates workflows to further streamline customer service management. Put your analytics at the edge, leverage all your raw data, and eliminate cloud latency that is unacceptable in many edge solutions. Volteo Edge has a deep relationship with Service Now and Intel to enable this value by enabling Edge-to-Service and Edge-as-a-Service (EaaS) capabilities. Volteo’s team of consultants, engineers, and solution architects are spread across the globe with offices in North America, Latin America, Europe, and Asia. www.volteoedge.com
About Mastec:
Mastek is a turnkey, trusted digital company known globally for delivering innovative solutions and business outcomes to clients in healthcare and life sciences, retail, manufacturing, financial services, government/public sector. Your partner in engineering and cloud transformation. We partner with enterprises to implement business transformation programs to unlock the power of data, modernize applications for the cloud, and drive digital advantage for all stakeholders. Mastek now operates in more than 40 countries, including the UK, the Americas, Europe, the Middle East and APAC, with approximately 6,000 employees, so his customers can count on his Mustek to deliver business value quickly. Trust me. Mastek strives to unlock digital complexity and accelerate client growth with an industry-first approach. For more information, please visit our website www.mastek.com.