More reports on: Cisco Systems, Mahindra & Mahindra
Mahindra Group signs strategic alliance with Cisco news
08 March 2011

Mahindra Group and Cisco Systems today said that they had entered into a strategic alliance, which allows for collaboration on a global platform between the two companies and provision of cloud computing services.

Under the agreement the two companies would collaborate on go-to-market strategies in areas that include smart cities, virtual dealership, sports and entertainment, and cloud services.

The joint venture has set an ambitious target market of $5 billion in 5 years.

Anand Mahindra, vice-chairman and managing director, Mahindra Group, said, ''By collaborating with Cisco to build smarter, connected communities, virtual dealerships and other projects, we are empowering our stakeholders dealers, customers, partners and others to use technology for the greater good, thereby enabling them to rise.

I am absolutely delighted that the first project under this initiative is intended to be the Mahindra Innovation Park.''

Mahindra added, "The JV will provide cloud computing services and will involve M&M group across geographies."

 search domain-b
Mahindra Group signs strategic alliance with Cisco