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Healthcare Cloud Computing Market to Grow by USD 98.6 Billion from 2024-2028, as Integrated Services Drive Demand with AI-Powered Market Evolution – Technavio

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NEW YORK, Nov. 11, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global healthcare cloud computing market size is estimated to grow by USD 98.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  31.52%  during the forecast period. Integrated service offerings for healthcare is driving market growth, with a trend towards introduction of edge computing. However, shortage of cloud professionals in healthcare industry  poses a challenge.Key market players include ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Amazon.com Inc., athenahealth Inc., CareCloud Inc., Carestream Health Inc., ClearDATA Networks Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., DXC Technology Co., General Electric Co., Intelerad Medical Systems Inc., International Business Machines Corp., Microsoft Corp., NextGen Healthcare Inc., NTT DATA Corp., Oracle Corp., Salesforce Inc., Siemens AG, and VMware Inc..

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Healthcare Cloud Computing Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 31.52%

Market growth 2024-2028

USD 98.6 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

25.3

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 47%

Key countries

US, Canada, UK, France, and Germany

Key companies profiled

ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Amazon.com Inc., athenahealth Inc., CareCloud Inc., Carestream Health Inc., ClearDATA Networks Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., DXC Technology Co., General Electric Co., Intelerad Medical Systems Inc., International Business Machines Corp., Microsoft Corp., NextGen Healthcare Inc., NTT DATA Corp., Oracle Corp., Salesforce Inc., Siemens AG, and VMware Inc.

Market Driver

The healthcare cloud computing market is experiencing significant growth with trends like Electronic Health Records (EHR), Telehealth, IoT, Big Data Analytics, and Wearable Devices leading the way. EHRs enable healthcare providers to access and manage patient information in real-time, while Telehealth and Telecloud facilitate remote consultations and wireless technology for remote monitoring. Big Data Analytics helps in diagnosing chronic diseases such as Cancer, CVD, and Diabetes, and in developing personalized medicines and clinical research. Cloud deployment offers Data Storage, Scalability, and Cost-effectiveness, making it a preferred choice for healthcare payers like Medicaid and Medicare. SaaS models like Cerner and Amazon Web Services provide managed services and professional services, enhancing productivity and privacy. Data security and privacy concerns are addressed through Data Interoperability, Portability Issues, and Blockchain Technology. Telehealth solutions include Teleconsultations, E-prescribing, and Remote Monitoring, enabling continuous monitoring of patient health status and treatment decisions. Wearable medical devices and mobile apps provide patient-reported outcomes and drug choices, enabling personalized treatments. Healthcare professionals benefit from managed services, professional services, and communication platforms for claims processing, settlement, and fraud detection. Cloud platforms facilitate data sharing among clinical data sources like Pharmacy Information Systems, Radiology Information Systems, Laboratory Information, and Health Information Systems, ensuring Data Migration and Regulatory Compliance. The Public Cloud Segment offers flexibility and cost-effectiveness, making it a popular choice for healthcare providers. Overall, the healthcare cloud computing market is transforming the industry with its innovative solutions and services. 

Edge computing is a method that optimizes cloud computing systems by performing applications closer to the source of data, rather than relying on cloud or data centers. In the healthcare industry, edge computing is being utilized with Internet of Things (IoT) devices for health monitoring and other applications. Traditionally, IoT data is transmitted to a cloud or data center for processing and analysis, which can be time-consuming. Edge computing enables data collection and analysis to occur at the device level or on a nearby computing device, such as a server or laptop, significantly improving process speed. By implementing edge computing, healthcare organizations can enhance the efficiency of their IoT applications, ultimately leading to better patient care and outcomes. 

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 Market Challenges

The healthcare cloud computing market is experiencing significant growth as more healthcare providers adopt digital solutions for Electronic Health Records (EHR), Telehealth, IoT, and Big Data Analytics. Challenges include EHR component and service model implementation, data storage and scalability, payment models, and data security and privacy concerns. Chronic diseases like Cancer, CVD, and Diabetes are driving the need for telehealth consultations, remote monitoring, and personalized medicines. Cloud deployment in healthcare includes SaaS offerings from companies like Cerner and Amazon Web Services. Telecloud, wireless technology, and remote monitoring enable continuous patient monitoring and treatment decisions based on data sharing from various clinical information systems, including E-prescribing, Pharmacy, Radiology, and Laboratory information. Data interoperability and portability issues persist, along with regulatory compliance and data migration challenges. Healthcare payers, including Medicaid and Medicare, are also adopting cloud platforms for claims processing, settlement, and fraud detection. The private segment is investing in managed and professional services for productivity and cost-effectiveness. Big data applications in healthcare include personalized treatments, clinical research, and drug development, utilizing blockchain technology and telemedicine platforms for remote consulting and treatment options. Wearable medical devices, mobile apps, and connected devices enable continuous patient monitoring and personalized treatments. Healthcare professionals require secure, flexible, and scalable solutions to meet the demands of the evolving healthcare landscape.

The healthcare industry’s adoption of cloud computing is on the rise, yet a significant challenge persists: a shortage of skilled IT professionals. According to recent surveys, approximately 45.6% of respondents identified this issue as a barrier to faster cloud implementation in healthcare. This scarcity keeps cloud computing professionals in high demand, making recruitment and retention a major concern for organizations. In this competitive landscape, securing and maintaining a talented team of cloud experts is essential for healthcare providers seeking to leverage the benefits

of cloud technologies.

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Segment Overview 

This healthcare cloud computing market report extensively covers market segmentation by  

Product 1.1 SaaS1.2 IaaS1.3 PaaSComponent 2.1 Hardware2.2 ServicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 SaaS-  Healthcare organizations are increasingly turning to Software-as-a-Service (SaaS) solutions for their IT needs, as they offer several advantages over traditional on-premises software. SaaS refers to the delivery of applications over the internet on a subscription basis. By subscribing to SaaS applications, healthcare organizations avoid the need for implementing and maintaining on-premises software, significantly reducing licensing costs. SaaS solutions hold a significant market share in healthcare due to their ease of deployment, shorter lead times, and the service provider’s responsibility for maintenance and support. These solutions are used by healthcare organizations to streamline their customer relationship management (CRM), accounting, payroll, supply chain management (SCM), and healthcare information systems. The healthcare industry’s potential for cloud computing is vast, and numerous vendors are providing SaaS-based products to cater to this demand. For instance, EKlinik, based in Malaysia, offers iPatient-Portal for patient healthcare record management, iMedicID for emergency notification information, and U2Doc for telemedicine. Home healthcare is also adopting SaaS-based technologies, with vendors like HealthSaaS providing cloud services for home-health agencies by combining clinical software with monitoring devices for in-home chronic patient care. The migration of healthcare organizations towards cloud services and the popularity of SaaS solutions are driving the growth of the healthcare cloud computing market. With the increasing adoption of these technologies, the market is expected to expand during the forecast period.

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Research Analysis

The Healthcare Cloud Computing Market is a rapidly growing segment in the healthcare industry, offering innovative solutions for Electronic Health Records (EHR), Telehealth, Internet of Things (IoT), and Big Data Analytics. Cloud deployment enables healthcare providers to store, manage, and access large volumes of data, ensuring data scalability and security. Telehealth and wearable devices generate vast amounts of data, requiring cloud storage and analytics for real-time patient monitoring and personalized medicines. Big data applications in healthcare include clinical research, drug development, and clinical information systems. Cloud-based payment models streamline financial transactions, while regulatory compliance and blockchain technology ensure data security. The private segment benefits from customized solutions, while patient portals offer easy access to non-clinical information. Overall, healthcare cloud computing revolutionizes the industry by improving efficiency, enhancing patient care, and driving innovation.

Market Research Overview

Healthcare cloud computing is revolutionizing the industry by enabling the storage, management, and analysis of large volumes of health data in a secure and scalable manner. Telehealth, EHR, IoT, and Big data analytics are key components of this market, allowing for remote consultations, electronic medical records, and real-time patient monitoring. Wearable devices and wireless technology facilitate continuous monitoring and data collection, while data interoperability ensures seamless sharing between healthcare providers. Cloud deployment offers data storage solutions with high scalability and cost-effectiveness, addressing the needs of healthcare providers, payers, and patients. Data security and privacy concerns are addressed through encryption, access control, and compliance with regulations such as HIPAA. Telecloud, telehealth consultations, and e-prescribing are transforming the delivery of healthcare services, enabling personalized treatments and remote consulting for chronic diseases like cancer, CVD, and diabetes. Big data applications, including personalized medicines, clinical research, and drug development, are driving innovation in the sector. Blockchain technology and data migration are also gaining traction, offering secure and transparent data sharing and regulatory compliance. The market includes various service models, including SaaS, managed services, and professional services, catering to the diverse needs of healthcare organizations and individual patients. The healthcare payers segment, including Medicaid and Medicare, is adopting cloud platforms for claims processing, settlement, and fraud detection. The private segment is also investing in healthcare IT solutions, including telemedicine platforms, patient portals, and clinical data sources, to improve productivity and patient care. The use of non-clinical information, such as patient-reported outcomes and the patient’s health status, is becoming increasingly important for treatment decisions and personalized treatments. The market is expected to grow significantly in the coming years, driven by the increasing adoption of cloud technologies and the need for efficient, cost-effective, and flexible healthcare solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductSaaSIaaSPaaSComponentHardwareServicesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

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NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

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SOURCE Hilco Trading, LLC

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GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

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The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

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SOURCE GR0.com LLC

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Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

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PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

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SOURCE Tech Mahindra

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