Assessment is to recognize consistent performance in Everest Group’s PEAK Matrix™ reports published throughout 2015
Mumbai (India), March 15, 2016: Larsen & Toubro Infotech Limited (“L&T Infotech”), one of India’s global Information Technology (“IT”) services & solutions companies and a subsidiary of Larsen & Toubro Limited (“L&T”), today announced its entry in the ‘PEAK Matrix Service Provider of the Year™: ITS Top 20’ by the Everest Group.
In 2015, Everest Group published 26 PEAK MatrixTM IT services evaluations featuring 59 service providers across various parameters related to scale and scope of operations, technology, domain investments, delivery footprint, innovation, buyer satisfaction and resultant market success in the context of a given outsourcing function. Of these service providers, the Top 20 were shortlisted using a consolidated score reflecting points received on individual evaluations based on tiered scores for Star Performer, Leader, Major Contender, and Aspirant positions.
Further, the assessments also offer insights into the strategies pursued by service providers for key business lines, geographies and technologies. “The global services industry is witnessing significant disruption due to rapid evolution in technology and sourcing models. The PEAK Matrix IT Service Provider of the Year™ ranking for L&T Infotech is indicative of a service provider’s broad-based capabilities and services strategies to help enterprises successfully navigate the disruption in global services,” said Jimit Arora, Partner, Everest Group.
“Speaking on the achievement, Mr. Sanjay Jalona, Chief Executive Officer & Managing Director, L&T Infotech, said, “This recognition reflects our topclass talent, which has further enhanced our deep domain knowledge and emerging technology strength for all our customers. It is this breadth and depth of capabilities that enables us to solve complex business challenges at the convergence of the digital and physical world. We aim to further strengthen these capabilities for our clients.”