A leading player in the global ER&D space, L&T Technology Services Limited is a 100% subsidiary of Larsen & Toubro. Its key differentiators are its domain expertise and multi-vertical presence in industry segments like Industrial Products, Medical Devices, Transportation, Telecom and Hi-tech, Computing & ISV and the Process Industry. The Company has been rated as an expansive and established leader in the overall category and in the leadership zone in eight industry verticals in the Zinnov Global R&D Service Provider Ratings 2015. Using cutting-edge technology, it leverages its core strengths in design, product development, digital engineering, plant engineering and sustenance services.
The Company has positioned itself to meet future requirements by investing in new industry segments and laboratory facilities, adopting new technology initiatives, expanding into new geographies, and establishing alliances and partnerships. Its 9400 + highly-skilled personnel across 12 delivery centres and 25 locations globally enable its clients to achieve a sustainable competitive advantage.
The Company achieved ~19% CAGR over FY12-FY16 with a portfolio of 170+ global customers – while maintaining focus on innovation, with 34 of its own and 134 co-authored patents (including filed patents).
The Company’s global delivery centres are ISO 9001:2008-certified. Its Aerospace & Medical Devices practices are AS 9100C and ISO 13485:2003 certified. Its Embedded Systems & Software activities are assessed at Maturity Level 5 of SEI’s CMMi® Development + IPPD Ver. 1.2.
Alliances and partnerships include AUTOSAR, Mentor Graphics, National Instruments, Siemens, Dassault Systemes, PTC, Texas Instruments, Sierra Wireless, ThingWorx, Intel, Tele2, CISCO, Infor, Freescale, Oracle and Microsoft.