Mumbai-listed tech group wins $450m deal
LTIMindtree [NSE: LTIM, BSE: 540005] will implement an AI-powered operating model to deliver application management, infrastructure support and cybersecurity services under a seven-year US$450 million deal with a leader in the global agribusiness sector.
This comprehensive suite of future-ready IT services, built on platforms such as SAP S/4HANA, ServiceNow, Microsoft Azure, as well as proprietary AI frameworks, are aimed at enhancing the client’s operational efficiency, scalability, and global growth, LTIMindtree said on 12 May https://www.bseindia.com/.
“Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity,” said Venu Lambu, Chief Executive Officer (Designate) and Whole-Time Director, LTIMindtree. “We are proud to be the trusted partner for one of the world’s most respected agribusiness companies https://www.nseindia.com/.
“Winning this important deal underscores our strength in crafting innovative solutions and delivering with excellence,” said Nachiket Deshpande, President – Global AI Services, Strategic Deals, LTIMindtree https://digitalinasia.com/.
Samir Gosavi, Chief Business Officer – Retail and CPG, LTIMindtree, added, “This win marks a major breakthrough for our consumer services business. Our AI-driven operating model will drive measurable business impact in an industry that’s evolving rapidly.” LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. fiinews.com
