Samsung SDS, a global provider of digital transformation and innovation solutions, announced its collaboration with Tech Mahindra and Pega to launch a blockchain-based traceability solution integrating Pega Platform™ with Samsung SDS Nexledger™ Universal, the company said.
The solution opens up significant transformational opportunities across Industries such as Banking & Financial Services, Insurance, Manufacturing, Public Services and Logistics & Supply Chain.
The global supply chain market, estimated to reach US USD 15.5 Trillion by 2023, according to Transparency Market Research, is considered to be incredibly inefficient. Combining Nexledger Universal Blockchain technology along with Pega´s industry-leading digital process automation (DPA) solutions, this solution has the potential to transform the supply chain and disrupt the way goods are produced, marketed, purchased and consumed.
Earlier this year Samsung SDS and Tech Mahindra had announced their strategic collaboration on Samsung SDS´s blockchain platform, Nexledger. Nexledger, a blockchain platform developed by Samsung SDS, is flexible and scalable with the ability to deliver wide spectrum of enterprise specific requirements. Tech Mahindra also contributes to improve Nexledger capabilities by participating in the engineering and development process of the Nexledger platform.
Samsung SDS America (SDSA) is the US subsidiary of Samsung SDS, a USD 9 billion global provider of digital transformation and innovation solutions. SDSA helps organizations optimize their productivity, make smarter business decisions, and improve their competitive positions in a hyper-connected economy using our enterprise software solutions for secure mobility, retail, DOOH, advanced analytics, and contextual marketing.
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 4.9 billion company with 125,700+ professionals across 90 countries, helping 941 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.