LTI positioned as a Major Contender in Everest Group PEAK Matrix™ for IoT Services – 2016
L&T Infotech (LTI) has been positioned as a Major Contender in the Everest Group PEAK MatrixTM IoT Services 2016.
With a positive leap in its Internet of Things outsourcing business compared to several other mid-sized providers, LTI has marked its position in the IoT domain in the inaugural assessment for IoT Services conducted by Everest Group. The company’s Best-In-Class customer satisfaction through business based IoT applications, outcome based model approach for IoT initiatives, strategic investments into platform competency and an expansive partner ecosystem have helped establish its market positioning as a Major Contender in the IoT Services market place.
Within the IoT sector, LTI offers specialized services to its clients, delivering focused domain centric solutions to cater to the specific business challenges. These range from increasing Asset efficiency or Plant performance, Optimized operations & intelligent supply chain, to ensuring Workplace safety or Delightful customer experiences.
LTI leverages its engineering and manufacturing parentage in domain, consulting, creating innovative solution and partnerships, to align with its clients’ businesses and their transformation priorities.
“IoT holds tremendous promise in helping enterprises to engage with customers better, improve efficiency, and drive disruptive business models. We expect the market to double over the next 3-5 years,” said Chirajeet Sengupta, Vice President at Everest Group. “L&T Infotech’s deep engineering heritage and understanding of key industry verticals have been instrumental in driving best-in-class customer satisfaction in a complex arena.”
Expressing his thoughts on this important achievement, Rohit Kedia, Chief Business Officer, Manufacturing, Americas, LTI said, “We are going the length and breadth to support our clients in their digital transformation journey and this has been the key focus and foundation of our IOT practice – To enable business based outcomes leveraging technology and domain. Not only has this driven significant investments in our Solutions, but also tangible outcomes in realizing value gains through IoT. Our ability to leverage this and foster innovation to our customers has helped us in being recognized as one of the major contenders of IoT Services in Everest Group PEAK MatrixTM.”
