LTI named Snowflake GSI Global Delivery Platform Partner of the Year; Stock jumps 4%

21 Jun 2022 , 01:24 PM

Larsen & Toubro Infotech has been named the GSI Global Delivery Platform Partner of the Year by Snowflake, the Data Cloud company. This award was presented at the Snowflake Summit 2022 ‘The World of Data Collaboration’.

As an Elite Partner of Snowflake, LTI works with leading global organizations providing comprehensive Snowflake implementation and migration services across different industry verticals. This award demonstrates LTI’s leadership and excellence in accelerating migrations and implementations on the Snowflake Data Cloud at speed and scale.

Sudhir Chaturvedi, President & Executive Board Member, LTI, said “We are honored to be Snowflake GSI Global Delivery Platform Partner of the Year. This award is a testament to LTI’s execution expertise across strategy, migration, and modernization journeys on the Snowflake Data Cloud. Our Fosfor data suite facilitates adoption of Snowflake with optimized data processing performance, and the recently launched PolarSled 2.0 enhances our migration capabilities further. With these comprehensive offerings, we will continue to break the new ground in our partnership with Snowflake.”

Colleen Kapase, SVP WW Partner and Alliances, Snowflake, said, “I congratulate LTI on achieving this distinction. Snowflake’s strong partner ecosystem is foundational to our mission of enabling every organization to be data-driven. We look forward to continuing to help clients across industries better activate and unlock their data for business value together with LTI.”

Larsen & Toubro Infotech was trading at Rs4,120.35 per share up by Rs167.85 or 4.25% from its previous closing of Rs3,952.50 per share on the BSE.