Larsen -; Toubro Infotech expands strategic collaboration with Microsoft

2 Aug 2022 , 03:22 PM

Larsen & Toubro Infotech Limited has announced to the exchanges the expansion of its partnership with Microsoft.

This partnership is to focus on developing high-value cloud solutions for enterprises. As part of this deal, the company has launched a dedicated Microsoft business unit that develops and offers end-to-end digital transformation solutions.

Through this collaboration, LTI will also train 12,000 professionals from its existing workforce on various Microsoft technologies by 2024 to enable skill development of LTI employees.

Nachiket Deshpande, Chief Operating Officer, LTI, said, “As a strategic  partner, the Company has a long-term relationship with Microsoft. Surely, the expanded partnership with Microsoft will enable our company to innovate and offer 170+ distinct services to our joint customers.”

Siddharth Bohra, Chief Business Officer & Head of Cloud Business Unit, LTI, said, “Organizations around the world are increasingly embracing cloud, and to meet this challenging demand LTI has made impressive strides in developing a multi-dimensional capability on Azure platform.

As part of this deal, LTI and Microsoft will jointly innovate, develop, and sell solutions to assist enterprises in acceleration of their digital transformation journeys.”

At around 3:20 PM, Larsen & Toubro Infotech was trading at Rs4,696 per share down by Rs72.5 or 1.52% from its previous closing of Rs4,768.50 per share on the BSE.