Shetty assures of commitment to new-age innovations
Switzerland-headquartered with global operations Schindler has selected L&T Technology Services Limited (BSE: 540115, NSE: LTTS) to will provide product development, innovation and engineering services & solutions that will help accelerate its digitization and connectivity initiatives.
“As a global player in the elevator and escalator industry, we leverage the new digital technologies to introduce best-in-class solutions to our customers. We look forward to the synergies arising from our future collaboration with LTTS,” Schindler Chief Technology Officer (CTO) Karl Heinz Bauer said.
“Innovations such as digital twin technology, build to automation, and the advancements in wireless connectivity are accelerating Industry 4.0 adoption. Schindler is a pioneer in the elevator & escalator industry and through this alliance, we commit to supporting Schindler in matching new-age innovations with traditional engineering,” Prabhakar Shetty, Global Head of Digital Manufacturing Services at L&T Technology Services, said on 14 Dec 2020 in an announcement of Schindler contract.
Schindler was founded in 1874 in Lucerne, Switzerland, and is one of the world’s leading providers of elevators, escalators, and moving walks, as well as maintenance and modernization services. The Group has over 1,000 branch offices in more than 100 countries, as well as production sites and research and development facilities in the US, Brazil, Europe, China, and India. #technologies #digitization #projects #contracts #eengineering /fiinews.com
