Tech Mahindra and Subex to drive Blockchain Use Cases in Telecom Market

Tech Mahindra

Tech Mahindra has now partnered with Subex to roll out Blockchain-powered solutions for telecom operators across the globe.

Subex is a leading global provider of the Operations Support System and Business Support system. The company empowers communication service providers to achieve a competitive advantage via Capex and Business Optimisation. Thus improving operational efficiency to deliver enhanced service experiences.

Executive Opinion

Rajesh Dhuddu, Blockchain and Cybersecurity Practice Leader, Tech Mahindra, said, "Being a service provider of choice for global telecom operators, Tech Mahindra will help reduce overheads and enhance business profitability. As part of TechMNxt Charther, Tech Mahindra aims to offer a cutting-edge solution built on Blockchain and smart contracts that optimizes spends and proactively mitigates disputes. In the collaboration with Subex, adding blockchain as the middleware will add the necessary layer of security and ensure faster and efficient operational process."

Rohit Maheshwari, Head – Strategy & Products, Subex, said, "It is indeed a great pleasure for Subex to be joining hands with Tech Mahindra, towards making Blockchain a business reality within the telecom world. With Subex’s strategy of enabling businesses to build trust within the digital ecosystem, we believe that Blockchain-based technologies will play an important piece to that puzzle. Towards this, we have made significant strides towards leveraging Blockchain in solving challenges across multiple use cases. Considering Tech Mahindra’s visionary stance towards Blockchain, and their renowned leadership towards driving digital transformation projects built upon the technology, we believe that this partnership will go a long way towards increasing the adoption of Blockchain within the telecom industry."

Tech Mahindra and Subex Blockchain solution

The solutions will scale up the operational efficiencies for communication service providers and activate fraud mitigation by reducing the compliance issues. Subex’s blockchain network and its capabilities of an enterprise-grade DLT (Distributed Ledger Technology) network will be integrated with the solutions.

The company claims that the partnership will help to generate real-time reconciliation reports with the data to minimize discrepancies, quick dispute resolution. The whole process will lead to a reduction in multiple validations via tamper-proof verifiable transactions, notes the announcement.

Moreover, this collaboration is expected to expedite settlement for communication service providers and drive enhanced visibility at the end of the month billing cycle. 

Tech Mahindra also revealed that it would roll out solutions for the telecom operators led by its proven capabilities in operations support systems and business support systems vertical.
PC: Pablo, Unsplash

Note: We at TechSutram take our ethics very seriously. More information about it can be found here.
Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

No comments:

Post a Comment

    Your valuable comments are welcome. (Moderated)