Industry News

Tech Mahindra and SAP join hands to develop fresh food supply chain management platform

India: SAP, a market leader in enterprise application software and Tech Mahindra, a software exporter firm enter into a strategic partnership, in order to make a platform named as FEEDS (Fresh Produce End-To-End Digital Supply Chain). The platform is developed in the SAP Co-Innovation Lab.

With the help of FEEDS platform, the user can transform the fragmented physical supply chain into a 'connected intelligent digital supply chain’ for fresh produce and due to which the user can easily maintain & track the freshness at each stage of the supply process. In addition, it will also help in reducing the food wastage.

Furthermore, the platform is built on SAP HANA Cloud Platform which is integrated with SAP ERP systems and using the Mobility, IoT and Big Data to create the digital supply chain.

TechSci Research analyses that the platform would help in developing the digital ecosystem in the large retailers and food suppliers space as well as the unique cloud based offering by the two partners would help in expanding the client portfolio across the globe.

TechSci Research, a global market research and consulting firm has recently published report, “India Cloud Computing Market Forecast & Opportunities, 2020”, the market for cloud computing services in India is projected to grow at a CAGR of over 22% during 2015-2020. Increased government spending on National Optical Fibre Network (NOFN) and various e-governance portals, coupled with growing acceptance of cloud services in SME segment is expected to drive the market for cloud computing. SaaS is set to top the charts as the largest cloud service segment, occupying over 40% share in the market by 2020. However, cloud services are likely to face stiff challenges pertaining to data security, vendor lock-in period and less availability of quality IT hardware infrastructure in semi-urban regions across the country.

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