The global shift in the evolving demand and change in the automotive landscape owing to technology advancement, sustainability, connectivity, and increased software centricity is continuing to fuel the need of compelling ecosystems of partners and engineering service providers across the globe. While the focus is shifting from conventional mobility solutions to a more captivating and immersive automotive experience, automotive enterprises are now transforming the paradigm by enhancing the customer experience and redefining the future of mobility by investing in the areas such as autonomy advancement, connected ecosystem, software- centricity, and electrification.
Everest Group has recognized LTTS as a leader in the Autonomous, Connected, Electric, and Shared (ACES) Automotive Engineering Service PEAK Matrix Assessment - Electric. This success is attributed to the company's strong presence in electric subsegment, technical expertise, investments enhancing assets and solutions, strong presence in all the phases of the automotive engineering value chain with a balanced focus on software, embedded, and mechanical engineering services functions.
L&T Technology Services has been acknowledged as a Leader among 26 providers in the Autonomous, Connected, Electric, and Shared (ACES) Automotive Engineering Services PEAK Matrix Assessment 2023 ─ Electric. According to Everest Group, “LTTS has cemented its position in the EV segment, through its offerings in battery management systems, charging solutions, electric propulsion systems, and components engineering," said Nishant Udupa, Practice Director at Everest Group. “These offerings are further backed by investments in developing IPs/solutions, establishing labs and CoEs, upskilling the talent pool and forging relevant partnerships. Additionally, clients have also appreciated LTTS's technical expertise, agility, and ability to deliver services while adhering to overall project timelines. This has helped LTTS emerge as a Leader in Everest Group's ACES Automotive Engineering Services PEAK Matrix® Assessment 2023 - Electric”.