Enterprises are spearheading innovation by leveraging engineering R&D and establishing joint Centers of Excellence (CoEs) to develop future-proof offerings amidst economic challenges. There's a strategic pivot towards creating a connected ecosystem through platformization, IoT, and digital twins, effectively addressing inefficiencies from fragmented systems. Additionally, companies are focusing on sustainable and customizable solutions, utilizing edge analytics, 5G, and generative AI to cater to changing customer demands.
In a recent study by analyst firm Avasant, LTTS has been recognized as a leader in the Digital Engineering Services 2024. This success is attributed to strength of LTTS in delivering platforms for risk-aware, GRC-compliant, sustainable operational excellence to support a customer-centric approach and continuous innovation, continues innovating in platform engineering services, offering end-to-end solutions for building, managing and optimizing digital platforms and ecosystems, and End-to-end platform engineering capability.
According to Avasant, “L&T Technology Services (LTTS) delivers engineering solutions to its clients through a robust R&D lab ecosystem and offerings encompassing the entire digital engineering life cycle. It utilizes proprietary solutions such as UBIQWeise 2.0™, a cloud-based platform, to ensure IoT deployment and efficient device management. The company helps enterprises integrate disparate systems through a digital twin framework, while its generative AI capabilities automate test case generation, scripting, and self-healing. Furthermore, LTTS collaborates with academic institutions to develop innovative engineering offerings and customer-centric use cases across industries such as automotive and telecom.
LTTS’s comprehensive portfolio of industry-specific solutions, innovation capabilities, ongoing investments to enhance its design and engineering capabilities, and strategic alliances with engineering systems and technology firms, primarily focused on building software-defined solutions and sustainable offerings, have positioned it as a leader in Avasant’s Digital Engineering Services 2024 RadarView™.”
L&T Technology Services has been recognized as a Leader among 39 providers by Avasant in their Digital Engineering Services 2024 report.
Download the report for more information.