L&T Technology Services named ‘Leader’ in Zinnov Zones 2020 ER&D Services study
L&T Technology Services (LTTS) Limited is named as a ‘Leader’ in the Leadership Zone across major ER&D Services’ sectors for the fourth consecutive years by the Zinnov Zones 2020 ER&D Services study. LTTS has been named a leader in new technologies that are critical for services and products.
L&T Technology Services has been placed by Zinnov Zones 2020 as an ‘Expansive and Established’ engineering partner. The technology services leader has been rated as ‘leader’, across various categories such as Semiconductors, Industrial Products, Automotive, Medical Devices, Aerospace, and Telecom.
The technologies that consumers have adopted widely for new product development are AI and Machine Learning, Digital Engineering, the Digital Thread, OTT, Industrial IoT, etc. LTTS offers various engineering services that help companies in unlocking values across the various product development lifecycle.
Sidhant Rastogi, Managing Partner at Zinnov said, “LTTS has built up an exciting portfolio of digital offerings in new-age technologies encompassing 5G, Industrial IoT, Machine Learning and Digital Thread. This arsenal of critical technology offerings forms the backbone of new product development and product lifecycle management for LTTS’s international clientele. It is encouraging to see leaders in ER&D services such as LTTS stepping up investments and capabilities to partner with global customers in their digital transformation journey”.
Abhishek Sinha, Chief Operating Officer and Board Member at L&T Technology Services said, “In a relatively short span of time, LTTS has assumed center stage in the global ER&D landscape, with our multi-vertical engineering expertise and ability to cross-pollinate technologies from one vertical to another acting as competitive differentiators. We see sustained growth in ER&D services as companies ramp up Industry 4.0 investments for technology-led transformation. This latest study from Zinnov Zones is a testament to the power and durability of engineering services and further strengthens our resolve to take the industry benchmarks to newer heights.”