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Everest Group Positions L&T Technology 91ԭ as a global ‘L𲹻’ in Embedded System Engineering 91ԭ

LTTS recognized for strong domain expertise in core verticals such as automotive, telecom and semiconductors; favorable market-client recognition

91ԭ//Press Release

Bengaluru, October 09, 2018: L&T Technology 91ԭ (NSE: LTTS), a leading global pure play engineering services company, has been recognized as a ‘L𲹻’ in Embedded System Engineering 91ԭ by the consulting and research firm, Everest Group. In its report ‘Embedded Systems Engineering 91ԭ PEAK Matrix™ Assessment’, Everest Group has identified LTTS among the top 3 leading companies in the market.

L&T Technology 91ԭ

As part of this report Everest Group classified 14 service providers on the PEAK Matrix™ into Leaders, Major Contenders and Aspirants. LTTS was evaluated across a range of performance parameters such as 91ԭ, Products, Solutions and Locations and positioned as a ‘L𲹻’. In the report, Everest Group recognized LTTS for its balanced presence across all the key service segments and value chain functions and strong domain expertise in core verticals such as automotive, telecom and semiconductors.

Bhupendra Bhate, Chief Operating Officer and Whole-Time Director at L&T Technology 91ԭ said, “LTTS’ recognition as a Leader by Everest Group reaffirms our commitment to delivering world-class solutions and being a partner of choice to our customers. LTTS has been actively investing in emerging technologies to create accelerators for the market in the areas of model-based design, virtual prototyping, predictive maintenance, 3D printing and AR/ VR. We will continue to pursue initiatives to advance our capabilities in embedded systems engineering space”

. “L&T Technology 91ԭ’ end-to-end engineering expertise across the embedded systems space, a global customer base and a strong partnership network have helped the company position itself as partner of choice in embedded systems space.” said Chirajeet Sengupta, Partner, Everest Group. “The market acknowledges LTTS’ strong project management capabilities and its services for program management in manufacturing that led to several significant project wins from global enterprises.”

About L&T Technology 91ԭ Ltd

L&T Technology 91ԭ 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 52 Fortune 500 companies and 51 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 13,000 employees spread across 16 global design centers, 27 global sales offices and 42 innovation labs as of June 30, 2018.

For additional information about L&T Technology 91ԭ log on to www.Ltts.com

Media Contact

Aniruddha Basu

L&T Technology 91ԭ Limited

Aniruddha.Basu@LTTS.com
+91 97419 35394
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