AIM Research · specialised in data and AIIndependent · Analyst-led · Vendor-neutral

    Vendor passport · Updated Nov 2026

    Tech Mahindra

    Data Science Service ProvidersGCC Enablement Service Providers

    Placed in 2 PeMa markets and a Leader in 1 of them, with its strongest showing in GCC Enablement Service Providers.

    2

    PeMa markets

    1

    Leader placements

    2

    AIM reports

    1986

    Founded

    Pune, Maharashtra

    Headquarters

    Where it sits, market by market

    Each card shows its position against everyone else in that market's latest study.

    1Leader
    1Seasoned
    0Challenger
    0Growth

    Placement history

    How its position has moved since 2018

    One row per market, one dot per PeMa study. Lines join consecutive years.

    201820192020202120222023202420252026
    Data Science Service ProvidersLeader · 2024Seasoned · 2026
    GCC Enablement Service ProvidersLeader · 2025
    LeaderSeasonedNot evaluated

    Profile

    About Tech Mahindra

    Tech Mahindra is a Pune-headquartered IT services and consulting company founded in 1986, part of the Mahindra Group, with about 152,000 employees in roughly 90 countries.

    It serves telecoms, banking, healthcare, manufacturing and retail clients with digital transformation, data and AI, cloud, network and business process services, and supports clients with global capability centre setup. Its AI work includes Project Indus language models, the Indus Terra education model and the TechM Orion platform. In September 2026 it launched an AWS agentic process centre of excellence and won a core IT modernisation deal with PeaceHealth. Its September-quarter results, reported in October, showed revenue of 1.69 billion dollars, up 7.2 percent year on year in constant currency, and new deal wins of 1.02 billion dollars. AIM Research places Tech Mahindra as a Leader in GCC Enablement Service Providers and as Seasoned in Data Science Service Providers.

    Steady

    Website techmahindra.com

    Buyer signals

    What changed lately

    Reports $1.02B Q2 deal wins and 7.2% year-on-year growth

    Tech Mahindra reported September-quarter revenue of 1.69 billion dollars, up 2.4 percent sequentially and 7.2 percent year on year in constant currency. New deal wins reached 1.02 billion dollars, up 25.4 percent, and headcount stood at 152,206.

    Buyer takeawaySteady growth and deal wins above one billion dollars indicate its turnaround is holding, lowering delivery continuity risk.

    ▲ Lower vendor riskAll buyersIT & service management

    Ask Tech MahindraHow much of the $1.02B in new deals involves data and AI services, and how is AI productivity reflected in pricing?

    PeaceHealth hands core IT modernisation to Tech Mahindra and The HCI Group

    US health system PeaceHealth selected Tech Mahindra and its healthcare subsidiary The HCI Group to modernise and manage core IT functions, including applications, infrastructure, data and security. The companies describe it as a long-term transformation programme intended to prepare PeaceHealth for AI-driven care operations. Duration and value were not disclosed.

    Buyer takeawayHealthcare providers can look to this deal as a reference for outsourcing data and infrastructure modernisation ahead of AI adoption.

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    Reports featuring Tech Mahindra

    2 AIM Research reports

    All reports →

    Analyst scorecard

    Scores, strengths and buyer signals

    Market names and placements are public. Scores and buyer signals are for signed-in buyers.

    MarketPlacementPenetrationMaturityBuyer signal
    Data Science Service ProvidersSeasoned
    GCC Enablement Service ProvidersLeaders

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    Frequently asked

    Questions about Tech Mahindra

    Tech Mahindra is a Pune-headquartered IT services and consulting company founded in 1986, part of the Mahindra Group, with about 152,000 employees in roughly 90 countries. It serves telecoms, banking, healthcare, manufacturing and retail clients with digital transformation, data and AI, cloud, network and business process services, and supports clients with global capability centre setup.