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Investment: LTTS strategy helps win 300+ customers and leadership in North America

Fiinews by Fiinews
June 28, 2022
in Investment
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Customers are embarking on the journey to digital transformation, says Sinha

Investment strategy has made L&T Technology Services Limited (BSE: 540115, NSE: LTTS) a partner of choice to over 300 global customers and win leadership post in all 5 quadrants for the North America market in the 2022 ISG Provider Lens™ Digital Engineering Services report.

“We have been investing in digital and leading-edge technologies and providing a wide range of services from chip to cloud as more of our customers are embarking on the journey to digital transformation, both in products as well as the shop floor,” said Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services.

“LTTS has successfully helped clients transform the value proposition of their product and services by architecting and executing future-ready digital product and platform roadmaps through user-centered services.

“This strategy has helped us become the partner of choice to over 300 global customers,” Sinha said on 23 June 2022, adding, “The recognition by ISG is an endorsement of our business value and impact.”

“LTTS brings with it a perfect alignment of digital competencies, deep engineering expertise, end-to-end view of digital value chains and products and services across all phases of the utility curves and lifecycles,” said Jan Erik Aase, Partner & Global Head – ISG Provider Lens, ISG Research.

“Over the years, LTTS has become the preferred ER&D Services partner for major global organizations, supporting such enterprises with best-in-class digital engineering services.

“LTTS’ proficiency in engineering services is not only confined to the technical aspects but is also amply demonstrated in its culture of innovation, patent portfolio and expertise in hardware architecture.”

LTTS has been recognized for its emerging engineering frameworks, connected operations in discrete industries and transformation journeys across multiple verticals. LTTS’ range of Machine Learning (ML), IoT and digital service offerings is further augmented by an engineering design talent pool with capabilities in digital technologies to deliver world-class products and services, ISG noted.

ISG recognized LTTS’ leadership competencies across Design and Development (Products Services, Experience), Connected and Intelligent Operations – Discrete Industries, Connected and Intelligent Operations – Process Industries.

LTTS has also been rated as a ‘Leader’ in Integrated Customer/User Engagement & Experience and Platforms & Application Services in North America. fiinews.com

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