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LTTS aims to enhance smart cities and road infrastructure, paving the way for intelligent transportation systems with this collaboration.
It claims low-latency data transfer, improved image processing without performance bottlenecks, and scalability.
This inventive method addresses the issues of cost, dependence, and availability associated with unique and proprietary hardware components that affect the whole industry.
In revenues, LTTS has crossed USD1bn and aspires to reach USD1.5bn revenue run rate by FY25.
LTTS’ Sustainability Practice is building engineering services-based innovative digital solutions that aligns with the customers’ sustainability roadmap.
LTTS has collaborated with Microsoft and Bentley Systems to establish a Center of Excellence (CoE) that will address and accelerate the Digital Twin and Digital Thread requirements of new-age manufacturing companies.
Under the terms of the 5-year agreement, LTTS will work with the customer to deliver solutions leveraging its e-mobility technology competence. Notably, this will be delivered from LTTS’ ER&D center in Krakow, Poland.
The company plans to have over 300 engineers working from its Krakow, Poland center in the next 3 years, marking its expansion into Eastern Europe.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.