L&T Technology Services Limited Positioned in Winners Circle by HfS in Industry 4.0 Blueprint Report
L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering services company, announced it has been positioned in the “Winners Circle” by HfS Research, The Services Research Company™ in its maiden Industry 4.0 Services Blueprint Assessment. HfS Research is a leading independent global analyst firm for the business and technology services industry.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170522005472/en/
L&T Technology Services was rated as having strong global capabilities in domains such as Manufacturing Data Analytics, Robots, Manufacturing Automation, Digital Clone Simulation, 3D Printing, Manufacturing IoT, Cybersecurity, AR in Manufacturing and Visual Analytics in Manufacturing, according to HfS.
For the report, HfS Research assessed a dozen service providers on use cases and several end-to-end digitalization process areas to help clients improve productivity on the manufacturing shop floor. L&T Technology Services is the only pure-play engineering services company in the HfS Winners Circle.
LTTS has worked with customers through the Smart Manufacturing value chain – from smart components and machines to digital and connected factories – and is now enabling enterprises to gain a competitive advantage from implementation of Industry 4.0 through manufacturing process optimization, streamlined supply chain, and enhanced inventory and resource management.
The report’s Industry 4.0 vision covers a variety of manufacturing-related areas, including improving costs, efficiency, time savings and flexibility in manufacturing. Industry 4.0 is a smarter manufacturing approach that uses technology to connect the whole enterprise with digitized manufacturing operations for greater autonomy and flexibility.
The HfS report notes that LTTS has developed a broad portfolio of proprietary technologies and platforms, including its IoT platform UBIQWEISE, virtual simulation tool VISIT, energy monitoring solution WAGES, and InspectAR, an augmented reality solution for plants, and these solutions will enable its customers to accelerate implementations and realize the benefits of Industry 4.0.
“L&T Technology Services’ deep understanding of Plant Engineering and track record of making products and manufacturing smarter, established it in the Winners Circle. The company’s outstanding engineering heritage and skilled workforce enable LTTS to solve complex factory problems. LTTS’ current client engagements are spread across multiple sub-verticals within the manufacturing industry, thereby enabling the company to utilize this cross vertical knowledge for further innovation,” said Mr Pareekh Jain, Managing Director, India at HfS Research.
Dr Keshab Panda, CEO & Managing Director, L&T Technology Services Limited, said: “Industry 4.0 is the backbone of the new age of industrial and plant innovation and being positioned in the winner’s circle is a testimony to the depth of our offerings and solutions which are being used globally by our customers across the Smart Manufacturing domain.
“Through its digital engineering solutions, L&T Technology Services will continue to successfully address multiple areas of technology and engineering which need to come together to create plants of the future,” Dr Panda added.
About L&T Technology Services Limited:
L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited focused on Engineering and R&D Services (ER&D) addressing global customers including Fortune 500 companies. A leading pure-play engineering services company, L&T Technology Services offers consultancy, design, development and testing services across the product and process development life cycle for various industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Digital Engineering portfolio of offerings from L&T Technology Services help build Smart Products & Services and offer Smart Manufacturing services and solutions to customers. The company also offers services and solutions in software engineering, embedded systems, mechanical & manufacturing engineering, value engineering and plant & process engineering.
Headquartered in India, L&T Technology Services Limited has more than 11,000 employees, 12 global delivery centers in India and overseas, 27 sales offices in India, North America Europe, the Middle East and Asia and 34 labs in India as of March 31, 2017. For additional information about L&T Technology Services log on to www.LntTechservices.com .
L&T Technology Services Limited
Aniruddha Basu, +91-80-67675173
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
ASTRAZENECA19.11.2017 00:02 | pressemeddelelse
New Data Show Benefit of Tagrisso in Patients with EGFR-mutated Non-small Cell Lung Cancer and Central Nervous System Metastases
ASTRAZENECA18.11.2017 19:22 | pressemeddelelse
New England Journal of Medicine Publishes Results of Phase III FLAURA Trial in the 1st-Line Treatment of EGFR-mutated Non-small Cell Lung Cancer
CHINA-HI-TECH-FAIR18.11.2017 10:13 | pressemeddelelse
Much-Anticipated CHTF 2017 Top 10 Products Are Unveiled
NY-MADISON-REALTY17.11.2017 17:22 | pressemeddelelse
Madison Realty Capital Provides $64.0 Million Construction Financing for 200 Kent Avenue Development in Williamsburg, Brooklyn
NCARDIA17.11.2017 13:33 | pressemeddelelse
Ncardia Announces Completion of €10.5M Investment Round
VOCALINK17.11.2017 10:37 | pressemeddelelse
Double Win for Vocalink at the 2017 Payments Awards
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum