Last modified by Wilton Risenhoover on 2023/11/04 06:24
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edited by WilliamBritto
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8 8  
9 9  LTTS’ expertise in engineering design, product development, smart manufacturing, and digitalization touches every area of human lives - from the moment one wakes up till the time one goes to bed. With 45 Innovation and R&D design centres globally, the company specialize in disruptive technology spaces such as 5G, Artificial Intelligence, Collaborative Robots, Digital Factory, and Autonomous Transport.              
10 10  
11 -LTTS is a publicly listed subsidiary of Larsen & Toubro Limited, the $20 billion Indian conglomerate operating in over 30 countries.              
11 +LTTS is a publicly listed subsidiary of Larsen & Toubro Limited, the $20 billion Indian conglomerate operating in over 30 countries.  
12 12  
13 +
14 +[[image:LTTS.jpg]]
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16 +
13 13  == Nearshore Centers ==
14 14  
15 15  * BETTENDORF, IOWA              
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115 115  
116 116  LTTS also provides services and solutions in latest technologies such as 5G, LTE, SDN/NFV, multimedia, connectivity, cloud, microservices, DevOps, big data/ analytics, data center, OTT and RDK (video, broadband, camera).              
117 117  
118 -=== Plant Engineering ===
122 +=== Plant Engineering ===
119 119  
120 120  As an engineering, procurement, and construction management (EPCM) specialist, LTTS supports every phase of a plant’s lifecycle from concept to commissioning. LTTS enables its customers to address all their engineering requirements from streamlining their processes, resolving downtime issues to ensuring adherence to statutory, human safety, machine safety, regulatory compliance, and local & global standards. LTTS provides end-to-end solutions in the areas of plant design, process engineering, project management, construction management, MOC (Management of Change), and handover of operations to its customers in Chemical, Consumer Packaged Goods (CPG), and Oil & Gas sectors. LTTS has broad expertise in traditional EPCM and sustenance engineering, as well as contemporary digital engineering enterprises. LTTS also offers services and solutions in the digital sphere to its customers in the areas of ‘Smart Manufacturing’ technologies such as ‘integrated digital factory’ & ‘factory of the future’ using Industry 4.0, IoT, and analytics platforms.              
121 121  
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153 153  
154 154  LTTS had a healthy inflow of projects across all its verticals. The Company won several multi-million-dollar deals across the globe.              
155 155  
156 -=== Deal Wins ===
160 +=== Deal Wins ===
157 157  
158 -==== Transportation ====
162 +==== Transportation ====
159 159  
160 160  * A global automotive manufacturer has chosen LTTS for the development of AUTOSAR platform and integration of 5G telematics modules. As part of this same engagement, LTTS has also been selected by their after-market group for cloud migration and maintenance support.              
161 161  * A European components supplier for autonomous vehicles has selected LTTS as its engineering partner for key programs in Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD) domains.              
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172 172  * For an industrial automation company, LTTS won a deal to develop IoT firmware for next generation motor drives and controllers.              
173 173  * LTTS is setting up a development and design center in India for a European manufacturer to provide engineering projects across embedded, mechanical and connectivity domains.              
174 174  * A global manufacturer of drinking water management solutions has chosen LTTS to be their sole engineering services partner to support various advanced digital programs including NPD and sensorization.              
175 -* A majorIndustrial automation company has awarded LTTS a multi-year contract to develop an electrical power module using end-to-end engineering protocols including product qualification.              
179 +* A major Industrial automation company has awarded LTTS a multi-year contract to develop an electrical power module using end-to-end engineering protocols including product qualification.              
176 176  
177 -==== Telecom and Hi-Tech ====
181 +==== Telecom and Hi-Tech ====
178 178  
179 179  * LTTS has been selected by a global semiconductor OEM to set up a center of excellence as part of a two-year embedded systems program with a value of USD 15 million in the first phase of the project.              
180 180  * LTTS has been chosen as a preferred engineering partner by a global technology company based out of the United States. Under the new 3-year engagement, LTTS will provide ER&D services for the customer in the embedded, RF engineering, hardware, electrical, thermal, and firmware domains. LTTS will also set up a U.S. based Center of Excellence (CoE) focused on incubating new & emerging technologies.              
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321 321  
322 322  LTTS has earlier collaborated with Microsoft to develop a smart campus in Israel for a leading technology company. The two companies have also partnered to leverage Azure IoT platform for Sustainability solutions and connect with Microsoft Dynamics 365 for Field Service to enable real-time optimization, improve ROI and employee productivity for Facility Management and Operations globally. In 2018, LTTS furthered their working relationship with Microsoft by setting up a Digital Industrial Transformation Applied Innovation Centre for shared enterprise customers.              
323 323  
324 -The current expanded collaboration leverages Azure to enable i-BEMSTM to act as a Facility Information Broker, unifying data from all systems making the building/campus a single entity rather than a heterogeneous collection of systems focused on employee health and safety and preservation of the immediate environment.              
328 +The current expanded collaboration leverages Azure to enable i-BEMSTM to act as a Facility Information Broker, unifying data from all systems making the building/campus a single entity rather than a heterogeneous collection of systems focused on employee health and safety and preservation of the immediate environment.  
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330 +
331 +**L&T Technology Standalone December 2020 Net Sales at Rs 1,267.60 crore, down 3.83% Y-o-Y **{{footnote}}https://www.moneycontrol.com/news/business/earnings/lt-technology-standalone-december-2020-net-sales-at-rs-1267-60-crore-down-3-83-y-o-y-6381451.html{{/footnote}}
332 +
333 +**January 22, 2021**; Reported Standalone quarterly numbers for L&T Technology Services are:
334 +
335 +* Net Sales at Rs 1,267.60 crore in December 2020 down 3.83% from Rs. 1,318.10 crore in December 2019.
336 +* Quarterly Net Profit at Rs. 189.80 crore in December 2020 down 4.29% from Rs. 198.30 crore in December 2019.
337 +* EBITDA stands at Rs. 307.90 crore in December 2020 down 1.31% from Rs. 312.00 crore in December 2019.
338 +* L&T Technology EPS has decreased to Rs. 18.10 in December 2020 from Rs. 19.02 in December 2019.
339 +
340 +
326 326  = References =
327 327  
328 328  {{putFootnotes/}}
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1 +Thanks for sharing a detailed informative post about product engineering. Product engineering refers an to engineering consulting activity, which uses various hardware, process of designing and developing a device, assembly, or system such that it be produced as an item for sale through some product manufacturing process. Also know more details about <a href="https://www.indiumsoftware.com/product-engineering/">product engineering services</a> here.
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1 +2022-07-12 09:56:59.719
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