Services

TECHNOLOGY SERVICES - L&T Technology Services (LTTS)

L&T Technology Services Limited (LTTS) is a leading global pure-play Digital Engineering Research and Development (ER&D) services provider. The Company delivers consultancy, design, development, and testing services and solutions, including, software and digital engineering, embedded systems, engineering analytics, and plant engineering. Its customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies across transportation, telecom & hi-tech, plant engineering, industrial products, and medical devices.

Its engineers and technologists collaborate with leading global firms to drive smart solutions and services for new product development, facilitate remote asset management, and enable virtual product design and prototyping. LTTS has aligned its focus on six strategic and new age technology areas – Electric Autonomous Connected Vehicles (EACV), NexGen Comms, AI & Digital Products, Digital Manufacturing, MedTech, and Sustainability.

LTTS has over 22,200 employees spread across 22 global design centres, 28 global sales offices, and 99 innovation labs as of March 31, 2023.

In January 2023, LTTS announced the acquisition of L&T’s Smart World and Communication (SWC) Business Unit. The acquisition, its largest to date (closed on April 1, 2023) is expected to drive new growth paradigms across NexGen Comms, Sustainable and Smart World, and Cybersecurity.

KEY GROWTH DRIVERS

LTTS has its offerings, capabilities, and investment pathways to support customers in the evolving global ecosystem. These offerings include:

  • Electric Autonomous Connected Vehicles (EACV): LTTS continues to witness significant traction and marquee deal wins in the EACV space as the world moves increasingly towards large scale vehicle electrification, autonomy, and connectivity,
  • NexGen Comms: As an early-entrant in the telecom field, LTTS is leveraging its comprehensive chip-to-cloud capabilities to drive next gen communication journeys for global telcos and enterprise users across geographies.
  • AI and Digital Products: Leveraging the emerging dynamics of the worldwide connected and smart products ecosystem, LTTS is helping drive deep transformation journeys across the AI and Digital Products landscape for its global customers.
  • Digital Manufacturing: With global manufacturers looking at new ways to improve efficiency, reduce costs, and increase flexibility, LTTS is helping customers drive enhanced operational paradigms and unlock new value streams across the manufacturing ecosystem.
  • MedTech: Working with the top 10 global healthcare companies, LTTS provides a host of offerings across emerging technologies like IoMT, IIoT, AI, Robotics, and AR/VR to help customers tap into new value streams. As global medical data volumes continue to grow, our global team of engineers are leveraging technology to automate and streamline data extraction, management, and value creation.
  • Sustainability: LTTS is helping customers drive sustainability across the use of renewable energy, water conservation measures, reducing carbon emissions, and developing Net Zero Products. The Company is also committed to achieving water and carbon neutrality in its operations.

Track Record

  • 69 Fortune 500
    customers
  • 99 Global Innovation
    Centres
  • 90% Repeat business from
    customers over the
    last 4 years

Key Geographies

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