Samsung SDS & Tech Mahindra to offer Nexledger in global markets

Both Samsung SDS and Tech Mahindra emphasize that blockchain is a strong focus area for the companies in 2019.

Tech Mahindra, the Indian multinational IT solutions provided and Samsung SDS, the South Korean IT services provider recently announced a collaboration to offer Nexledger, the blockchain platform developed by Samsung SDS, in the Indian and global market.

Samsung SDS is the software arm of Samsung and it developed Nexledger to be a flexible and scalable blockchain platform that is able to deliver wide range of customizable enterprise specific requirements-based use case application services. Tech Mahindra also plans to participate in the development of the Nexledger platform to improve Nexledger’s capabilities.

Tech Mahindra global practice leader, blockchain, Rajesh Dhuddu has been reported to say that Tech Mahindra is invested in creating a partner ecosystem as a part of its TechMNxt charter to leverage next generation technologies and platforms that can provide enhanced experience to Tech Mahindra customers. He said that the partnership with Samsung SDS is a step towards that goal and Tech Mahindra looks forward to utilizing their market research and Nexledger which has already proven its capabilities in automating complex Blockchain network deployment and maximizing transactions on Hyperledger and Ethereum besides on their native platform.

Dhuddu added that the partnership is also meant to enhance Tech Mahindra’s reach in various APAC markets including Korea and India and maximize the joint offerings via a combination of their platforms, Tech Mahindra’s Innovation centers and System Integration skills in India.

According to sources, companies expect PoCs, that customers have been running using blockchain over the past year, to be converted to commercial deployments this year. Both Samsung SDS and Tech Mahindra emphasize that blockchain is a strong focus area for the companies in 2019.

Mahn Chey, President, Samsung SDS, India, reportedly expressed pleasure over the joint effort that Samsung SDS took with Tech Mahindra to promote Nexledger in the global market. He added that Samsung SDS believes in the value that blockchain technology will bring to the company and has therefore invested its efforts to develop Nexledger which is expected to meet the needs of enterprise in the business sector.