LTI Ranked No. 5 in HFS Top 10 Energy Service Providers 2021
The HFS Energy Top 10 report 2021 has ranked LTI number 5 for displaying strong capabilities in digital and sustainability, backed by energy and engineering DNA. The report maps the industry’s dynamics and, within that context, assesses how well business and technology service providers help their clients achieve results across the industry. The study evaluates 13 service providers’ capabilities across energy services value chain on execution, innovation, voice of the customer, and HFS OneOffice™ alignment criteria. HFS developed the value chain to unify how services providers work with customers and partners using consulting, digital and emerging technologies, sustainability services, and managed services to deliver outcomes.
It also highlights the overall ratings for all participants and the top five leaders for each category. LTI has been ranked number 4 on innovation capability, number 4 in OneOffice alignment and number 3 on voice of customer category.
Josh Matthews
Practice Leader, HFS Research
“LTI talks in a level of depth about the energy industry like few providers can. Having worked in the industry myself—LTI will have no trouble engaging across firms and their value chains from strategy through to on-the-ground operations. It also earns a spot in our top 5 by simultaneously presenting an impressive partnership portfolio and a clear view of how it works alongside the expertise and ecosystem of its parent company, L&T. LTI’s focus, in part, on carbon capture and storage solutions also sets it apart from many participants in the study.” said Josh Matthews, Practice Leader, HFS Research
LTI’s Key Differentiators:
- Domain expertise in LTI combines with the L&T’s broad and established energy and engineering capability in an aligned L&T approach, LTI boasts a powerful collaborative ecosystem and an ability to “talk the industry talk” better than most.
- Bringing domain expertise together with digital: LTI’s energy-specific solutions portfolio and digital/technology expertise link with talent dedicated to ERP and other energy enterprise solutions across SAP, Oracle, Schlumberger, cloud platforms, and many other specifics.
- Carbon Capture, Utilization, and Storage (CCUS): L&T’s expertise supplying CCUS equipment, based on hydrocarbon industry being a core vertical, combined with LTI digital solutions, differentiates across the services providers in this report.
- Dedicated Sustainability Group and CoE in the LTI energy practice: Many (48%) of LTI energy engagements involve sustainability services.
- Co-innovation and use of emerging technology: The World Economic Forum (WEF), for example, named DCP Midstream a Lighthouse based on its energy transition and digital transformation work, in large part with LTI.
- Exceptional voice of the customer performance for the energy industry across execution, innovation, and overall satisfaction.
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