Dr. Keshab Panda, CEO & MD, L&T Technology Services Ltd
L&T Technology Services Ltd
SEZ Unit-1, Unit-2, Unit-3, Unit-4, L3 Building, Manyata Embassy Business Park, Nagawara Hobli, Outer Ring Road,
Bengaluru- 560045
Year of Establishment: 2009 as L&T IES, officially known as L&T Technology Services since 2014.
Branches: 7 delivery centres in India
Bengaluru has the largest facility; others being at Vadodara, Mumbai, Chennai, Hyderabad, Mysore and Pune.
Head of the Organization: Dr. Keshab Panda, CEO & MD
Growth Pattern: Rs 507.83 Crore for the year 2017-18; a growth of 35.5 percent
Domains
L&T Technology Services is a leading pure play engineering services provider. Its best-in-class platforms and solutions cater to the business and technology requirements of global enterprises including 69 Fortune 500 companies and 51 of the top R&D spenders. The company provides solutions across a wide spectrum of sectors including transportation, industrial products, telecom & hi-tech, medical devices and process industry. The company specializes in engineering design, product development, smart manufacturing, and digitalization.
This also provides support to its customers across disruptive technologies such as 5G, AI, collaborative robots, digital factory, and autonomous transport among others. The company facilitates advanced engineering offerings in areas such as AI/ ML, robotics (collaborative robotics), IIoT, M2M (machine-to-machine) communications, remote asset performance management. Our solutions include innovative industry-best frameworks and solutions such as ENP (engineering platform), i-BEMS (intelligent business experience management system), factory D.0, AiKno, NbOn, Ironhome (security).
OEMs
L&T Technology Services understands the importance of cross-company collaboration to further digital engineering led transformation in the business model of enterprises. The company has established alliances with technology leaders including Microsoft, Dassault Systems, PTC, Siemens and GE Digital.
Unique Attributes
Coming from Larsen & Toubro’s rich engineering legacy, LTTS is committed to handling large-scale projects seamlessly under tight deadlines. LTTS has a track record of delivering large scale execution projects for Fortune 500 customers well within the timeline considerations and ensuring the best of quality excellence. This is reflected in our 90 percent repeat business from all major customers.
What system integration managers require is a market of one with access to highly customized offerings that integrate the best products and solutions from a multitude of choices available. Companies seek a trusted integrator such as LTTS to make these recommendations and bring the entire value chain under one framework.
LTTS recently rolled out a new IoT framework for clients known as ENP that integrates the latest offerings from LTTS’s portfolio around smart homes, connected products, telematics and healthcare. Another new offering, Factory D.0, addresses the fundamental problems with the smart factory solutions of today incorporating varied solutions like wireless material tracking, digital twins, machine vision and cobotics.
Support from Distributors
We’re committed to building a global ecosystem of digital transformation partners to work on turnkey projects. LTTS won a large deal from a leading tech company to develop the world’s smartest office campus in Israel. For this project we joined forces with Microsoft and deployed our smart campus framework i-BEMS to lower energy bills, and cost of maintenance, while extending the life of the facility. iBEMS integrated with Microsoft’s Azure IoT Suite along with its AI & business applications, thereby connecting industrial data with business processes and predictive analytics to optimize operational efficiency and excellence.
Evolving Roles
LTTS is a valued engineering services partner to several top international firms. The company has been acknowledged as the ‘Partner level Supplier’ by John Deere and were awarded the Supplier of the Year award from Continental. The company is also the preferred engineering partner to global customers for many multimillion-dollar projects that helped us close FY19 with industry leading topline growth of 36 percent
to Rs 50,783 million. The company is enabled by aspects such as speed, agility, quality control and innovation that our offerings provide to our clients.
Challenging Projects
LTTS boasts to its credit a host of challenging projects that push the frontiers of digital engineering. For instance, the company has architected the smartest campus in the world in collaboration with Microsoft. Also, LTTS has built commercial networks for grids that overhauls conventional methods of energy distribution. It has also provisioned low-cost mass connectivity to rural areas. The company has also established India’s first affordable indigenous blood cell counter for Agappe.
Qaisar
