Tech Mahindra Expands Relationship with Covisint to Utilize Covisint's IoT Platform to Create Vertical Solutions

Global Partnership Drives Digital Business Transformation by Securely Connecting Complete Ecosystems of People, Systems and Things

DETROIT, April 20, 2017 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS) and Tech Mahindra, a leader in digital transformation for the Telecommunications and Manufacturing industries, today announced that Tech Mahindra will be using the Covisint IoT Platform to enable digital transformation solutions across a variety of IoT initiatives - including smart cities, and the telecommunications and automotive markets. 

Through this partnership, there will be a focused solution building and joint go-to-market efforts around:

• Smart Cities - Diverse technologies need to be integrated to connect smart city ecosystems and realize the full potential of large-scale smart city initiatives.  Tech Mahindra is an early innovator in this evolving market.
• Telecommunications - The vast ecosystem around telco providers brings upon many disparate technology stacks - that need to act as one to help realize the full benefits of connected initiatives.  Solutions that result from the new expansion of the Tech Mahindra and Covisint relationship will be aimed squarely at solving this problem.
• Automotive - Both Tech Mahindra and Covisint have a long heritage in the Automotive space.  The two companies will be creating solutions that will focus on the Connected Vehicle and Supply Chain markets. 

"We are excited to be a part of this initiative and we are confident that this collaboration will provide us a distinct edge with alliances and customers.  Leveraging Covisint's cloud-based platform and Tech Mahindra's expertise in IoT and digital transformation opens up promising vistas for us," said Karthikeyan Natarajan, Global Head, Engineering, IoT and Enterprise Mobility at Tech Mahindra.

The Covisint IoT Platform - delivered as a platform-as-a-service (PaaS) at scale with global support - offers a complete set of capabilities required to rapidly build enterprise IoT solutions, including advanced identity, authentication, authorization, real-time messaging and orchestration, as well as digital ecosystem definition and management capabilities to facilitate secure information sharing and trusted interactions with the world around that connected asset.  Covisint's IoT Platform brings together a set of foundational capabilities that helps businesses rapidly deliver IoT solutions supportive of digital transformation, including: