L&T Technology Services Ltd. announced that it has been awarded a multiyear, $80 million deal with an undisclosed US-based manufacturer of industrial products and solutions. This partnership will accelerate the client's digital transformation through the integration of advanced technologies, including connected products and the digital thread, paving the way for innovation at scale.
The collaboration in the sustainability segment will see LTTS establish a dedicated centre of excellence in India, which will act as a global innovation hub enabling the client to focus on digital transformation and comprehensive product lifecycle management.
This initiative is designed not only to support the client's transformation journey but also to enable the expansion of their global footprint, particularly in new age and digital technologies that are redefining industries worldwide, L&T Technology Services said.
Leveraging its engineering expertise and its ‘Go Deeper to Scale Strategy', LTTS helped drive innovation at scale for the customer and enable them to remain at a leadership position in a dynamic market, it said.
Amit Chadha, CEO and managing director of L&T Technology Services, said, “This engagement is a testament to LTTS' ability to drive sustainable end-to-end digital transformation for global leaders."
Chadha explained how it will be done. He said, "By combining AI-powered insights, digitally connected solutions, business-driven automation and our deep engineering expertise, we aim to enable the client to bring high-quality products to market faster, ultimately delivering greater value to their customers.”
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