9 hrs ago
Mphasis, TechnoPro Partner to Expand AI Offerings in Japan
Mphasis and TechnoPro Holdings are working together to bring AI tools to businesses in Japan.
They want to help companies update older computer systems and make better business decisions.
Their first areas of focus will be financial services and manufacturing.
TechnoPro engineers will use Mphasis tools to help write and test computer code.
TechnoPro will also use AI for hiring, assigning workers, matching sales opportunities and planning.
The companies may turn successful internal projects into special products for customers.
Mphasis will also provide cybersecurity, compliance and security solutions.
The partnership comes as Japanese companies face older technology, shortages of skilled workers and more complicated business needs.
Mphasis and TechnoPro Holdings will collaborate to offer AI-powered enterprise solutions to Japanese clients.
The partnership will address system modernisation, business processes, decision-making and AI-agent-enabled software development.
The companies will initially focus on financial services and manufacturing while exploring other industries.
TechnoPro will deploy Mphasis Tria and Mphasis NeoIP for software development and internal business functions.
Mphasis shares closed at Rs 2,509 on Tuesday; they were down 11.30% year-to-date but had risen over shorter periods.
- Who
- Mphasis and TechnoPro Holdings.
- What
- A collaboration to provide AI-powered enterprise, modernisation, cybersecurity, compliance and security solutions.
- Where
- Japan, with TechnoPro using its own operations as an AI deployment environment.
- When
- The partnership was reported alongside Mphasis shares settling on Tuesday; no specific partnership date was provided.
- Why
- To support technology modernisation, AI adoption, software development and business improvement for Japanese clients.
Key facts
- Mphasis share price
- Rs 2,509 at Tuesday's close
- Year-to-date share performance
- Down 11.30%
- Other reported performance
- Up 6% over one month and more than 13% over six months
- Initial focus industries
- Financial services and manufacturing
- Mphasis platforms
- Mphasis Tria, Mphasis NeoIP, Mphasis Modernize and Mphasis Optimize
- Planned internal applications
- Code generation, testing, talent allocation, recruitment, sales matching and corporate planning
- Additional solutions
- Cybersecurity, compliance and security services
Quotes
Nitin Rakesh
Chief Executive Officer and Managing Director of Mphasis
“This partnership enables us to bring our enterprise offerings to one of the world’s most important industrial markets. Deploying Mphasis NeoIP and Mphasis Tria will give TechnoPro’s engineers automated, AI-driven software-building environments that accelerate delivery at scale.”
financialexpress.com
“Leveraging Mphasis’ specialized AI platform will accelerate software development through autonomous code generation and testing, while embedding AI into core business functions including talent allocation, recruitment, sales matching and corporate planning.”
businesstoday.in
Gaku Shimaoka
President, Representative Director, and CEO of TechnoPro Holdings
“Through this partnership with Mphasis, we will combine this on-site and domain knowledge with world-class AI, automation, and AI-agent technologies, building a framework in which every individual engineer can use AI to implement transformation for our clients.”
financialexpress.com
Sources
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