Avasant, a leading management consulting firm, has ranked LTI an “Innovator” in its Manufacturing Digital Services 2020-2021 RadarViewTM Report. Avasant evaluated digital service capabilities of 21 service providers, and based on rigorous assessment, offered recognition to them for delivering maximum value to the market in the last 12 months.
The Avasant Manufacturing Digital Services 2020-2021 RadarViewTM report evaluated service providers based on three key parameters – practice maturity, partnership ecosystem, and investment & innovation. LTI’s strategic focus on Digital, expertise in the Manufacturing domain with end-to-end offerings, its burgeoning client portfolio across industries, became the key factors contributing to its positioning in the report.
To foster innovation and to deliver industry-specific solutions, LTI adopted a data-driven approach, proprietary products, and strategic alliances. The company has deep-domain expertise in industrial, process, automotive, and aerospace manufacturing. LTI’s emphasis on developing pioneering use cases and its ability to deliver outcomes at scale for its diverse client base, became another key factor that sealed its leadership spot.
Talking about LTI’s achievement, Avasant Research Senior Director Swapnil Bhatnagar said, “Manufacturers are continuing their push towards smart manufacturing through Industry 4.0 to deal with financial pressures and reduce human interventions.
LTI, with its innovation-led approach, has emerged as a leading service provider catalyzing digital transformation for the manufacturing industry. It has developed industry-specific solutions such as connected assets, connected materials, connected workers and commercial pricing solutions by leveraging its proprietary products and strong partnerships. Additionally, its continued focus and investments in industrial, process, automotive, and aerospace have ensured tangible outcomes for the manufacturers.
Sharp focus on industry domain combined with significant investments in cutting edge technology has placed LTI as the innovator in Avasant’s Manufacturing Digital Services 2020-2021 RadarView.”
LTI has emerged as a strong transformation partner for enterprises across industries. It uses its strong and diverse technology partner ecosystem to accelerate time-to-value for Manufacturing initiatives at scale. It has invested in business and tech labs to co-innovate with its customers, and major partners including PTC, Microsoft, Ignition, Oracle, SAP, Indegy, OSIsoft and Aspentech.
LTI’s end-to-end offerings, wide partner ecosystem, and its approach to innovation to provide digital manufacturing services to its clients and end customers, have placed LTI as an innovator in Avasant’s Manufacturing Digital Services 2020-2021 RadarView.