Business News | L&T Technology Services Wins USD 50 Million Hi-Tech Deal
Get latest articles and stories on Business at LatestLY. Bangalore (Karnataka) [India], July 18: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play digital engineering services company, announced today that it has secured a USD 50 million contract with a global technology company, to enable new opportunities for digital media platforms.
BusinessWire India
Bangalore (Karnataka) [India], July 18: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play digital engineering services company, announced today that it has secured a USD 50 million contract with a global technology company, to enable new opportunities for digital media platforms.
The latest agreement carries a 5-year tenure and is tailored to significantly enhance the flagship suite of products including the customer’s cloud native portfolio and drive new levels of automation and optimization for customer experience functions.
LTTS will also be streamlining the workflow processes and reduce the product development cycle. A key tenet of this collaboration is to leverage LTTS’ cutting-edge innovations in machine learning and artificial intelligence while enabling collaboration on a range of new next-generation experiences.
Also Read | Bhubaneswar: Odisha Police Apprehend 11 Members of Notorious ‘Chadi and Baniyan’ Gang.
Amit Chadha, CEO and Managing Director, L&T Technology Services commented, “We are delighted to announce this key deal win and will be leveraging our multi-vertical expertise, combined with advanced machine learning techniques and deep learning networks developed with over a decade’s experience across linear and other platforms. Our team will integrate and deploy the customer’s next gen suite of offerings and help them create personalized and immersive experiences for end customers across the globe.”
(Disclaimer: The above press release has been provided by BusinessWire India. ANI will not be responsible in any way for the content of the same)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)