Mindtree Partners with Knauf to Drive its IT Transformation Initiatives

Mindtree, a leading digital transformation and technology services company, today announced a multi-year engagement with Knauf, a global manufacturer of building materials and construction systems. As Knauf's preferred supplier, Mindtree will help accelerate the company's IT transformation, building a future-ready technology core, driving innovation, reducing time to market, and improving operating efficiency.

Knauf, known for providing customers with the highest quality products, delivers compatible system solutions for construction that live up to the strictest demands in innovation, energy efficiency, cost-effectiveness, performance, and design quality. As a result of growth, as well as changing customer expectations, Knauf is transforming its enterprise architecture, amongst others by adopting new technologies, to better support business growth.

"We are proud to partner with Knauf, a brand synonymous with high-quality products and services, on its digital initiatives to help serve customers more rapidly and efficiently," said Venu Lambu, Executive Director and President, Global Markets, Mindtree. "Mindtree offers the scale, global operating model and expertise in infrastructure and applications management to help drive their digital transformation initiatives forward and provide the quality of service they are known for."

Mindtree will provide application development services, help digitizing their infrastructure, transforming their supply chain systems, and further develop digital platforms. The engagement will leverage industry-leading IT platforms and will also help Knauf complete postmerger technology integrations.

Shares of MINDTREE LTD. was last trading in BSE at Rs.1993 as compared to the previous close of Rs. 2007. The total number of shares traded during the day was 58497 in over 3803 trades.

The stock hit an intraday high of Rs. 2038.85 and intraday low of 1963.75. The net turnover during the day was Rs. 117252288.

Source : Equity Bulls

Keywords