Tech Mahindra, City of Los Angeles and USC Team Up to Launch L.A.’s First-Ever Smart City Energy Initiative

Tech Mahindra Ltd., a specialist in digital transformation, consulting and business reengineering, today announced that it has teamed up with the City of Los Angeles and the University of Southern California Viterbi School of Engineering and USC Marshall School of Business on a new community-based digital initiative to help achieve the shared goal of building smarter, more sustainable and energy-efficient cities.

The Community Action Platform for Engagement (“CAPE”), which will be unveiled today at “Innovate LA,” is the first digital platform in the U.S. that uses advanced data analytics – including satellite imagery and government energy consumption data – to help jump-start community-led energy projects with the goal of generating significant cost savings for local citizens while reducing CO2 emissions. South L.A. Watts and Bel Air - Beverly Crest neighborhoods have been designated as pilot sites for this program. CAPE, which is part of USC’s I3 Consortium, will eventually be expanded to include areas such as housing, community health, public safety and education. Tech Mahindra is a founding member of the I3 Consortium, an open data aggregator designed for developers and data brokers that aims to encourage and accelerate Internet of Things adoption.

The purpose of the new digital platform is to create a marketplace where citizens, community action groups, local authorities and energy suppliers can easily view and select from an array of alternative energy options available in their designated area. Using data supplied by the City of Los Angeles, platform users will be able to identify their neighborhood on a satellite map and discover which alternative energy solutions are available and the potential cost-savings they will receive should they make a switch. Platform participants would then be able to use online forums to recruit their neighbors to create user pools large enough to attract proposals from alternative energy suppliers.

“Tech Mahindra is committed to developing innovative approaches to developing more livable urban centers through informed and effective community collaboration,” said Raman Abrol, SVP, Business Unit Head for Americas Communications, Media, Entertainment. “We are thrilled to work with the City of Los Angeles and USC to promote energy efficiency, encourage citizen engagement and lay the groundwork to make our cities smarter and more sustainable. We look forward to working with cities across the country to implement more CAPE programs.”

CAPE represents only part of Mahindra Group’s commitment to global sustainability. Anand Mahindra, Chairman of Mumbai-based Mahindra & Mahindra, has agreed to co-chair California’s Global Climate Action Summit with California Governor Jerry Brown in San Francisco in September 2018.

Since August 2017, CAPE is already empowering community groups and citizens of Milton Keynes, UK to become an energy efficient city and reducing carbon emissions. CAPE Project has won the Smart Cities UK 2017 award under the Housing category – for projects that improve the standard of living for homeowners and to support low cost living.

About Tech Mahindra

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.6 billion company with 117,200+ professionals across 90 countries, helping over 885 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is amongst the Fab 50 companies in Asia (Forbes 2016 list).

We are part of the USD 19 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.

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Disclaimer

Certain statements in this release concerning the future prospects of Tech Mahindra Limited (“the Company” or “TechM”) are forward-looking statements. These statements by their nature involve risks and uncertainties that could cause Company’s actual results differ materially from such forward looking statements. The Company, from time to time, makes written and oral forward-looking statements based on information available with the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.