Zinnov Rates L&T Technology Services As Global Pure-Play ER&D Services Leader

CIOReviewIndia Team | Monday, 18 January 2021, 08:36 IST

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One of the world’s leading pure-play engineering services firm, L&T Technologies Services Limited announced today that it is rated as a ‘Leader’ in new technologies critical for products and services transformation and also got placed in the Leadership Zone in major ER&D Services’ sectors in the Zinnov Zones 2020 ER&D Services study for the fourth consecutive year.

L&T Technologies Services continued to stay at the top leadership position in the pure play ER&D Services category in the Zinnov Zones assessments.

In the newly released industry rankings, Zinnov positioned L&T Technologies Services as an “Expansive and Established” engineering partners with deep domain competencies in the overall ER&D services.

L&T Technologies Services got rated in the ‘Leadership Zone’ in different verticals like Automotive, Aerospace, Telecom, Semiconductors, Medical Devices, and Industrial Products.

The technologies like Digital Engineering, AI, Machine Learning, Industrial IoT, OTT, and the Digital Thread are hugely adopted by customers in major industries in new product development. L&T Technologies Services offers an extensive portfolio of engineering services that help enterprises unlocking value across the product development lifecycle.

L&T Technologies Services has been a consistent investor in digital technologies and it is developing new capabilities and infrastructure for supporting its international clientele.

Sidhant Rastogi, Zinnov’s managing partner said, “L&T Technologies Services developed an exciting portfolio of digital offerings in new-age technologies surrounding 5G, Industrial IoT, Machine Learning and Digital Thread. This arsenal of critical technology offerings gives the backbone of the new product development and product lifecycle management for L&T Technologies Services’ international clients. This is also encouraging for seeing leaders in the ER&D services like L&T Technologies Services’ increasing investments and capabilities for partnering with global customers in their digital transformation roadmap.”

Abhishek Sinha, the chief operating officer and board member at L&T Technologies Services said, “In a very short time, L&T Technologies Services has assumed the center stage in the global ER&D landscape, where the multi-vertical engineering expertise and the ability to cross pollinate technologies from one vertical to another active as competitive differentiators. There is growth in ER&D services as companies’ ramp up Industry 4.0 investments for technology-led transformation. This recent study from Zinnov Zones is a testament to the power and durability of engineering services and further strengthens for resolving to take the industry benchmarks to newer heights.”

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