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Wednesday, July 27, 2016
BWI: L&T Infotech & GE Digital Announce Global Strategic Partnership to Develop Digital Industrial Solutions
Source : L&T Infotech Ltd.
Wednesday, July 27, 2016 7:38PM IST (2:08PM GMT)
(NSE:LTI)(BSE:540005)
L&T Infotech & GE Digital Announce Global Strategic Partnership to Develop Digital Industrial Solutions
Synergies from industry domain expertise and digital capabilities offer a unique value proposition
Mumbai, Maharashtra, India
L&T Infotech(NSE: LTI, BSE:540005), a globalinformationtechnologyservices & solutions company, todayannounced a strategicpartnershipwith GE DigitalcombiningLTI’sdiverseindustrialcapabilitieswith GE’s Predixcloud-basedoperatingsystem for theIndustrial Internet. LTI and GE Digitalwillcollaboratetodevelopinnovativedigital-industrialsolutionspowered by Predixanalyticsandreal-timeinsightstoenhancecompetitiveness and transformthewaycompaniesmanagetheirassetsandworkforce.
LTI’s Industrial IoT Practicedevelopscomprehensivesolutions and applicationsencompassingsmartsensors,connectedmachinery,real-timevisualizationandadvancedanalytics. As strategicpartners, the twocompanieswillsynergizetheir group industrialheritage and domainexpertise to deliverPredix-enrichedapplications for variousindustries like:
Oil& Gas– SolutionsencompassingNextGenerationDigitalOilfields;IntegratedRefineryOperationsManagement;AdvancedPipelineOperations; and PrimePlant, an earlywarningsystem for criticalequipmentfailure
Power & Utilities- Digital Industrialsolutionsthat address the end-to-end valuechainin the powersector from powergeneration to transmissionanddistribution
Construction – Solutions to addresshighimpactassetproductivity,sparesconsumption,processdigitizationandsafetyissuesconcerningtheconstructionsector
IndustrialManufacturing – Smart Manufacturingsolutions for digitizingallfacets of manufacturingprocesses;Remotemonitoringandpredictiveanalytics of fieldequipment
LTI and GEDigitalwillexplore the concept of an InnovationCenter to tapintotheir rich industryknowledge to quickly bring to marketscalabledigitalsolutionsbasedonreal-lifescenarios.
Executive Quotes
SanjayJalona,ChiefExecutiveOfficer& ManagingDirector,LTIsaid,“Our core vision is todeliveroutcome-basedinnovations to theworld’sleadingcompaniesandhelpthem to solvetheircomplexdigital-industrialproblems.Ourclientswillbenefit from our dedicated IoTCenter of Excellenceoffering end-to-end consultingandimplementationsolutions.”
DenzilSamuels,GlobalHeadof ChannelsandAlliances, GE Digitalsaid,“L&TInfotech brings deepunderstandingandprovenexpertise in the various sectorslikeEngineering,Power,Construction,andManufacturing.Ourjointsolutionsintheseindustrieswillhelpcompaniesimproveutilization,reducemaintenancecosts,andenhanceefficienciesto be morecompetitive.”
Rohit Kedia,ChiefBusinessOfficer,Manufacturing,LTIsaid,“Thispartnershipwith GE enables us tobettersupport our clientsas they increasingly invest in digitization to not onlytransformtheirownoperations,buttoempower them toofferdifferentiatedsolutions to theirclients as well.”
About L&T Infotech:
L&T Infotech,one of India’sglobal IT services & solutioncompanies,wasrankedbyNASSCOMasthe6thlargestIndian IT servicescompanyinterms of exportrevenuesandamongthe top 20 IT Business Process Managementemployers in India in 2015. It is a subsidiary of L&T, anIndianmultinationalcompanyengaged in technology,engineering,construction,manufacturing and financialservices,with global operations. Visit: www.Lntinfotech.com or email:info@Lntinfotech.com
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