Aug 07
LTI’s Handshake
LTI’s Handshake
ENGINEERING, Construction & Operations (EC&O) companies are under immense pressure in the prevailing business climate due to skilled labour shortages, tight margins and uneven cashflow. Staying competitive and minimising risk require a focus on operational efficiencies which have traditionally been siloed.
A new strategic partnership between LTI and DyFlex Solutions provides EC&O companies the technology and skills to rapidly implement industry leading Enterprise Resource Planning (ERP) solutions.
Building on many years of experience and a mutual commitment to provide world-class solutions, this strategic partnership will offer companies of all sizes a full-suite business solution to manage all aspects of their operation efficiently.
LTI has also partnered with Aspen Technology, a global leader in asset optimisation software, to deliver AspenTech solutions through LTI managed cloud services. The move will accelerate digitalisation journey for capital-intensive industries.
The partnership enables LTI to deliver AspenTech’s performance engineering desktop solutions, such as Aspen HYSYS and Aspen Plus, as well as AspenTech’s manufacturing supply chain solutions, including Aspen UnifiedTM, Aspen PIMS-AO and Aspen Petroleum Scheduler, through the cloud.
This alliance allows industrial organisations to “bring their own licence” to gain high-fidelity remote access to their mission-critical applications, increase computing flexibility and performance gains for more accurate, faster decision-making and accelerate time-to-value from new product innovations.
In a separate development, Snowflake – a US cloud computing-based data warehousing company, has recognised LTI as a global elite services Partner of the Year for FY 2021. This is a major milestone in the strategic partnership between LTI and Snowflake, as both strive to empower customers to build data-driven organisations.
Mindtree’s NxT
To enhance its cloud-based Internet of Things and Artificial Intelligence capabilities for Industry 4.0, Mindtree acquired the L&T-NxT from parent company L&T Group.
“Industrial and manufacturing companies are starting to adopt digital technologies across the value chain but need a partner with expertise to strategically connect the dots and generate business value from their data. This acquisition will complement our strengths in reimagining consumer experience, positioning us as one of the leading partners for leveraging data and analytics to deliver transformational services to our clients,” explains Mr Debashis Chatterjee, Mindtree’s CEO & MD.


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