L&T-TECHNOLOGY
29.1.2021 08:32:10 CET | Business Wire | Press release
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that two of its digital solutions have been recognized with the 2021 BIG Innovation Awards in the “Product” category presented by the Business Intelligence Group, USA.
LTTS has been recognized for its innovative products - Chest rAI™ , LTTS’ AI based chest X-Ray analysis system to assist radiologists in improving speed and accuracy of diagnosis and LTTS’ proprietary building automation framework, i-BEMS that operates as an enterprise IoT solution and unifies all campus operations under one system.
There is an acute shortage of radiologists across the globe, leading to delayed interpretation & decision and thus longer wait time for patients. The AI-assisted solution from LTTS assists radiologists by fast triaging abnormalities in X-Ray, annotating and automatic report generation. LTTS has been lauded for creating a product that will benefit millions.
LTTS has also been recognized for contextualizing its offering to suit the ‘new normal’ scenario and create a new module, i-BEMS Shield for a safer workplace environment. i-BEMS, LTTS’ smart building solutions for a post-COVID future - enables features such as automated temperature detection, monitoring of building air quality, and smart maintenance of social distancing norms.
Maria Jimenez, Chief Operating Officer of the Business Intelligence Group, USA said, “The pandemic has made mankind realize the true potential of technology in positively influencing our lives like never before. The world has witnessed some of the best of innovations in the last few months including democratization of access to new-age medical technologies. The role of engineering services in these disruptions is commendable and we value the consistent contributions made by LTTS on this front.”
Dr Keshab Panda, CEO & Managing Director at L&T Technology Services said, “We are pleased to receive the prestigious BIG Innovation Award, which is a true testament to the exemplary work done by LTTS engineers for our global customers. With a formidable digital portfolio that includes over 550 technology patents, LTTS is continually blending ideas and innovations with investments in new age technologies to deliver differentiated engineering solutions uniquely designed to address complex real-life problems faced by the industry. Having joined hands with leading lights of the academic world to create innovations such as the Chest X-Ray analysis system, LTTS believes in creating an ecosystem of excellence to continue engineering the change for the benefit of society.”
The BIG Innovation Awards, recognizes organizations and people who bring new ideas to life from companies across the globe, are judged by a panel of experts which include a select group of business leaders and senior industry executives.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 16,000 employees spread across 17 global design centers, 28 global sales offices and 62 innovation labs as of December 31, 2020.
For more information please visit https://www.ltts.com/
View source version on businesswire.com: https://www.businesswire.com/news/home/20210128006004/en/
Link:
Social Media:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Altrove and Bloomineral Named Winners of the 2026 Grand Prix ACF AutoTech22.4.2026 15:21:00 CEST | Press release
IoT.Bzh receives the inaugural Industrialization Prize at the 9th edition of the international automotive startup competition Altrove and Bloomineral have been crowned winners of the 2026 Grand Prix ACF AutoTech, the international startup competition recognizing the best of automotive innovation. The ninth edition was held on Wednesday, April 15 at the Automobile Club de France in Paris, where IoT.Bzh also received the first-ever Industrialization Prize. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260422236542/en/ Picture of the end of the event with the winners : Bloomineral, Altrove and Iot.Bzh + all the Jury Members from French Automotive OEM and Tier1 Hosted by competition founder Richard de Cabrol and Simon Degiovanni, the evening gathered more than 250 leaders from the automotive, technology, digital, business and media sectors, with attendees joining both on-site and online. Six finalist startups, selected from mor
I/ONX Shatters the Host Tax: New Symphony SixtyFour Architecture Delivers 50% TCO Savings Across AI Inference and Fine-Tuning Lifecycle22.4.2026 15:00:00 CEST | Press release
Eliminating infrastructure overhead of legacy designs, I/ONX debuts a scaled AI inference and fine-tuning stack that cuts power by up to 30kW per rack and reduces cost of rack-scale deployments by up to 70% I/ONX High Performance Compute (HPC), a leading provider of heterogeneous AI systems, today announced the global launch of the Symphony SixtyFour, a high-density platform designed to collapse the physical and economic footprint of AI inference and fine-tuning infrastructure. By supporting up to 64 accelerators on a single node, I/ONX eliminates the redundant Host Tax—the massive overhead in power, hardware, and licensing that negatively impacts ROI in enterprise AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260422485327/en/ I/ONX Introduces Symphony SixtyFour: The Host Tax is Over. Save 30-50% on your AI Infrastructure Costs. While inference now accounts for 90% of enterprise AI workloads, enterprises are entirely li
Thales Introduces Imperva for Google Cloud, Bringing Its Enterprise-Grade Application Security Capabilities Directly into Google Cloud22.4.2026 15:00:00 CEST | Press release
New offering eliminates the need to choose between cloud-native performance and advanced security as enterprises scale modern applications Thales today announced the Controlled Availability of Imperva for Google Cloud, bringing the industry's most trusted application security platform directly into Google Cloud. Designed to operate within Google Cloud, the new offering enables organizations to protect web applications and APIs by leveraging Google Cloud’s Service Extension traffic, preserving existing pipelines, integrations, and monitoring workflows. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260422746638/en/ ©Thales As enterprises accelerate cloud adoption, development teams increasingly standardize on native cloud services to improve speed and reduce operational complexity. Many security solutions, however, require external routing that introduces latency and friction. At the same time, native cloud security tools oft
ClickHouse Expands Strategic Collaboration with Google Cloud, Bringing Deeper Integration, Cloud Flexibility, and Next-Generation Performance22.4.2026 15:00:00 CEST | Press release
ClickHouse, a leader in real-time analytics, data warehousing, observability, and AI/ML, today at Google Next 26 announced a significant expansion of its strategic collaboration with Google Cloud. The announcement encompasses four major milestones: native integration with Google Cloud Lakehouse, the availability of ClickHouse's Bring Your Own Cloud (BYOC), the migration of ClickHouse Cloud on Google Cloud to Google's custom Arm-based Axion processors, and a new integration between the ClickHouse MCP server and Google Antigravity. These advancements deliver deeper interoperability across the data ecosystem, extend deployment flexibility for security-conscious enterprises, and unlock meaningful gains in query performance and cost efficiency for joint customers worldwide. This expansion builds on ClickHouse's growing presence within the Google Cloud ecosystem, where thousands of data-intensive organizations rely on ClickHouse Cloud to power real-time observability, business intelligence,
GigaDevice GD32F5HC Series MCU Grand Launch, Advancing High‑Performance Innovation for HMI and IoT Edge Solutions22.4.2026 15:00:00 CEST | Press release
GigaDevice, a leading global supplier of semiconductor devices, today announced the official launch of the GD32F5HC series 32‑bit general‑purpose microcontrollers. Designed with compact size, high frequency operation, large memory, and strong security, while also offering ultra‑low power consumption and rich peripheral configuration, the new series expands the GD32 Arm® Cortex®‑M33 portfolio and delivers a powerful platform for next‑generation HMI and IoT Edge solutions. Samples, development boards, and full technical documentation are now available to support rapid evaluation and mass‑production deployment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260422790734/en/ GigaDevice GD32F5HC Series MCU for HMI and IoT Edge Solutions High‑Efficiency, Advanced Compute Performance and Integrated Security Delivering a Powerful Competitive Edge. The GD32F5HC series, built on the Arm® Cortex®‑M33 core, operates at a main frequency
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom