Tech Mahindra expands Altavec to new markets, strengthening AI-driven geospatial solutions

Tech Mahindra, a global leader in technology consulting and digital transformation, is accelerating its expansion into AI-driven geospatial intelligence with the global launch of Altavec, an advanced spatial technology platform. Initially deployed across Australia and the broader Asia-Pacific region, the company is now rolling out Altavec in North America and Europe, aiming to revolutionize large-scale mapping operations and geospatial data management.

This expansion highlights Tech Mahindra’s push toward AI-powered solutions, catering to industries that depend on geospatial intelligence, including utilities, telecommunications, infrastructure planning, and government agencies. As organizations increasingly rely on real-time data analytics, automation, and machine learning-powered geospatial insights, the demand for platforms like Altavec continues to grow.

What is Altavec, and how does it transform geospatial data management?

Altavec is designed as a highly scalable, AI-driven geospatial intelligence platform that integrates machine learning, cloud-based architecture, and high-resolution spatial imagery to deliver actionable insights. By combining automation with human expertise, the platform enables businesses to process large-scale geospatial data with greater accuracy, efficiency, and predictive capability.

Industries such as urban planning, utilities, and telecommunications face increasing challenges in managing vast amounts of geospatial data while optimizing infrastructure and regulatory compliance. Altavec addresses these issues by offering AI-powered analytics that help organizations detect risks, improve asset performance, and enhance real-time decision-making.

The platform leverages LiDAR technology, 3D digital modeling, and high-definition imagery to create precise digital network models, allowing users to monitor and maintain critical infrastructure more effectively. This capability is particularly crucial for utility providers, transportation agencies, and city planners who require reliable geospatial intelligence to drive sustainable development and resilient infrastructure management.

Why is geospatial intelligence critical for modern industries?

The increasing reliance on AI-driven geospatial intelligence stems from the growing complexity of urban development, climate change resilience, and infrastructure optimization. Many industries face challenges in managing aging infrastructure, regulatory compliance, and environmental sustainability, making geospatial intelligence platforms essential for maintaining operational efficiency.

In the utilities sector, Altavec enables companies to optimize asset maintenance, detect potential power grid failures, and prevent service disruptions by analyzing real-time geospatial data. In telecommunications, the platform aids in network planning, ensuring seamless coverage and efficient deployment of 5G infrastructure. Government agencies and city planners benefit from high-resolution mapping to design smarter, more resilient urban environments.

As businesses worldwide embrace digital transformation, the ability to harness geospatial intelligence with machine learning and cloud-based architecture is becoming a competitive advantage. Altavec’s ability to integrate with existing IT ecosystems and deliver predictive analytics positions Tech Mahindra at the forefront of geospatial technology innovation.

What industry experts say about Altavec’s impact?

Tech Mahindra’s leadership highlights the platform’s role in addressing modern infrastructure challenges. According to Birendra Sen, President of Business Process Services at Tech Mahindra, industries must adapt to evolving regulatory pressures, rising operational costs, and climate change risks, making AI-powered geospatial intelligence essential. He emphasized that Altavec provides organizations with advanced analytics, automation, and spatial data processing tools that enhance resilience and enable smarter decision-making.

Industry analysts view Altavec as a strategic asset for companies seeking to improve geospatial data management. Tervinderjit (TJ) Singh, Expert Advisory at Third Eye Advisory, pointed out that utilities, telecommunications companies, and government agencies can leverage Altavec to implement cost-effective, predictive, and preventive measures that drive both business efficiency and environmental sustainability.

How does Altavec strengthen Tech Mahindra’s market positioning?

Tech Mahindra’s investment in AI-driven geospatial intelligence aligns with its broader strategy to expand digital transformation solutions across global markets. By entering the North American and European markets, the company is positioning Altavec as a premier geospatial intelligence platform, competing with leading AI-driven spatial technology providers.

The growing reliance on geospatial analytics in AI-driven industries provides Tech Mahindra with an opportunity to enhance its market influence in smart infrastructure, digital twin technology, and cloud-based geospatial intelligence. With Altavec offering modular architecture and automation, the company aims to cater to a diverse range of industries that require scalable, real-time mapping solutions.

What does Tech Mahindra’s stock performance indicate?

Tech Mahindra (NSE: TECHM) has experienced mixed stock performance amid broader market fluctuations. On March 28, 2025, the company’s stock closed at ₹1,418.00, reflecting a 0.36% decline from the previous trading session. This aligns with the BSE SENSEX Index, which also saw a 0.25% drop, although Tech Mahindra fared better than competitors like Infosys (-2.07%) and Tata Consultancy Services (-1.23%).

Despite a lower-than-average trading volume, market analysts remain divided on Tech Mahindra’s outlook. Among 39 analysts, 7 recommend a ‘Strong Buy,’ 13 suggest ‘Buy,’ 7 advise ‘Hold,’ while 12 analysts rate it as a ‘Sell’ or ‘Strong Sell.’ The median target price is set at ₹1,671.10, with projections ranging between ₹1,050.00 and ₹2,000.00.

Financially, Tech Mahindra’s Return on Equity (ROE) stands at 13.48%, supported by a dividend yield of 2.82%. However, the company’s Price-to-Earnings (P/E) ratio of 37.21 surpasses the industry average of 27.77, suggesting that the stock is trading at a premium valuation.

Given the current performance, analysts recommend a ‘Hold’ position for existing investors, noting that Altavec’s market expansion could drive future growth. However, new investors may prefer to wait for a more favorable entry point, particularly as the stock’s premium valuation could limit short-term gains.

What’s next for Tech Mahindra’s AI-driven geospatial intelligence strategy?

As Tech Mahindra continues its global expansion of Altavec, the company is reinforcing its commitment to AI, automation, and cloud-based geospatial intelligence. The adoption of AI-powered mapping solutions is accelerating across industries, with businesses prioritizing real-time geospatial analytics, digital twin technology, and predictive infrastructure management.

With the North American and European markets now part of its expansion roadmap, Tech Mahindra is strategically positioning Altavec as a next-generation AI-driven geospatial intelligence platform. As industries increasingly integrate machine learning and automation into geospatial data analytics, Tech Mahindra stands to capitalize on growing demand for scalable, high-precision mapping solutions.

By investing in AI-powered geospatial intelligence, Tech Mahindra is not only expanding its technology portfolio but also establishing itself as a key player in the future of digital transformation. The expansion of Altavec reflects a broader industry shift toward data-driven infrastructure management, automation, and sustainable growth strategies—a movement that is shaping the future of geospatial intelligence worldwide.