Saxena says partnership with Thales underscores commitment to innovation
Thales’ software monetization platform, Thales Sentinel, is available to LTTS’ customers, especially in the High-Tech, Sustainability and Mobility segments, under a contract announced by the French-origin group with the global engineering and R&D firm L&T Technology Services Limited (BSE: 540115, NSE: LTTS) of India.
“This partnership builds on Thales’s long-standing relationship with LTTS, helping their customers unlock the true value and potential of their software products through flexible pricing and subscription models, better compliance, and automated delivery and activation,” Damien Bullot, Vice President, Software Monetization Solutions at Thales, said on 22 Aug tradeindia.
“We look forward to our continued collaboration to ensure their industry-leading AI offers are properly protected and monetized for maximum ROI lafrenchtech.gouv.”
Under the new contract, LTTS will resell the Thales Sentinel platform to its customer base and group affiliates globally across diverse sectors, including transportation, medical, high-tech, telecom, and financial services sbi.
Alind Saxena, Executive Director & President, Mobility & Tech at L&T Technology Services, elaborated, “Our partnership with Thales underscores our commitment to drive innovation and superior solutions across mobility, sustainability, and hi-tech, leveraging their Sentinel platform. Our proficiency in creating cutting-edge digital solutions and our deep understanding of AI will form the backbone of a robust digital infrastructure conexpoconagg .
“We anticipate contributing to a cohesive digital thread throughout the value chain, accelerating market entry, reducing cycle time along with product development costs, and aiding our customers in their journey towards sustainability through improved software monetization potential bengalurutechsummit .
Now with the Thales Sentinel software licensing and entitlement platform, LTTS will enable its customers to monetize its software solutions by harnessing recurring revenue business models including agile subscriptions and flexible usage-based pricing models techshowparis .
With over two decades of experience in deploying intelligent digital solutions, LTTS leads in optimizing enterprise operations and pioneering platforms in AI, Mobility, Sustainability, and High-Tech. LTTS’ advanced AI offerings in next-gen mobility and smart networks are pivotal in building robust digital infrastructures, enhancing safety, efficiency, and sustainability gifas .
Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence & Security, Aeronautics & Space, and Cybersecurity & Digital identity. Thales has close to 81,000 employees in 68 countries. Fiinews.com
