HCLTech Joins Hands With Intel And Mavenir For Enterprise 5G Solutions

announced a partnership with Intel Corporation and Mavenir on Wednesday, to provide scalable private network solutions for communication service providers (CSP) and broader cross-vertical enterprises.

The will develop the cloud-native E2E architecture of an Intel Xeon processor-based solution leveraging Mavenir RAN, Intel SmartEdge, and HCLTech’s management, orchestration and automation services. They will also create new-use cases by investing in HCLTech’s Cloud-Native Labs to drive meaningful and impactful digital transformations to enterprises around the world.

“As private networks continue to develop, enterprises are unlocking exponential value by implementing cloud-forward solutions for their operations, and this partnership will ensure innovation is made readily available to current and future customers,” said in a press release. It added that the three will work cross-functionally, leveraging each other’s unique skill sets to add new offerings and help generate greater value for enterprises.

As part of the collaboration, will serve as the prime solution owner leveraging both Intel and Mavenir's technical offerings and business expertise. In this role, HCLTech will jointly define and establish a program to manage and support activities for solution packaging, go-to-market enablement, sales campaign activities, and sales and business reporting through a joint go-to-market program.

“There is currently a great need for scalable, reliable 5G solutions across nearly every enterprise and industry,” said Kalyan Kumar, Chief Technology Officer, HCLTech. “This need represents a major opportunity to innovate and deliver solutions that will have a major impact on business operations and outcomes. We’re excited to begin this collaborative journey with Intel and Mavenir as we develop solutions to advance and uplevel the capabilities of enterprises across sectors and around the world.”

The partnership will include a wide and comprehensive range of projects and activities across enablement, go-to-market, and sales acceleration, to deliver more 5G solutions to CSPs, IoT, and enterprise verticals.

Pardeep Kohli, President, and Chief Executive Officer, Mavenir said: “Together with HCLTech and Intel, we are industry leaders across vital technology solutions and have the experience to execute this vision. This collaborative process marks a major milestone in our efforts, and we are proud to work together closely to deliver best-in-class, innovative 5G solutions.”

“Intel’s goal is to help enterprises across all vertical markets accelerate the design and deployment of 5G and private networks,” said Caroline Chan, VP, and GM of Intel Network Business Incubator Division.

RECENT NEWS

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more