Alliance focuses on customer innovation for media, oil & gas, manufacturing and financial services sectors

Mumbai – October 26, 2017 – Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company today announced strategic implementation partnership with Apttus, the category-defining Quote-to-Cash software company headquartered in San Mateo, CA. The partnership will focus on enabling digital transformation initiatives of global customers through jointly developed industry focused offerings.

As strategic partners, the two companies will synergize to deliver Apttus-powered solutions to the customers in various industries like:

• Media & Entertainment: Solutions streamlining production and distribution process including legal operations
• Oil & Gas: Next generation oil well management solutions and downstream commercial operations
• Manufacturing: Integrated Inquiry to Cash solutions that unlock backoffice operations and help transform sales and service operations
• Financial Services: Plan to Portfolio solutions modernizing client engagement in B2B and B2C environments; Brexit and MIFID II readiness solutions.

Sanjay Jalona, Chief Executive Officer and Managing Director, LTI, said, “Our clients are looking to improve their business by transforming Quote-to-Cash and Procure-to-Pay processes. Apttus provides a fantastic engine for creating next generation intelligent solutions for sales, service and legal operations.”

Kirk Krappe, Chief Executive Officer, Apttus, said, “Our partners are a critically valuable component of our go-to-market strategy and we are thrilled to work with LTI in a greater capacity across the globe. LTI’s deep domain expertise across Manufacturing, Media and Financial Services provides a unique collaboration opportunity and ability to offer joint innovation to our customers.”