LTI tops Everest Group’s 2021 IT companies Challenger listing
Voted finest performer of the yr for banking and monetary companies
Mumbai, India, March 11, 2021 / PRNewswire / – Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI), a world digital options and expertise consulting firm topped the listing of “ IT Companies Challenger 2021 ” in PEAK Everest Group Matrix Service Supplier of the 12 monthsTM Worth. LTI can be listed as one of the best performer of the yr for banking and monetary companies. Moreover, LTI’s rating within the world PEAK Matrix® for IT companies dropped from sixteenth place final yr to eleventh place this yr, the very best bounce recorded by any participant.
LTI was ranked among the many finest on the ITS Challenger 2021 listing primarily based on the PEAK Matrix® 2021 evaluation carried out on companies corresponding to – Superior Analytics & Insights, Synthetic Intelligence, Cloud-native Utility Growth, Web of Issues, Utility and Digital Companies in Life and Annuities and Capital Markets, administration of latest technology functions, activation of innovation within the insurance coverage enterprise mannequin, cloud hyper scalers, and so on.
Sanjay Jalona, CEO and Managing Director, LTI, stated, “At LTI, we delight ourselves on cultivating a newbie’s thoughts and difficult the established order. This recognition is a real indicator of our aspiration and dedication to be the chief in a variety of industries and repair choices. proceed to construct capability and make investments in step with buyer expectations. “
Newest rankings acknowledge LTI’s above efficiency within the trade on metrics corresponding to operational matrix, innovation, enlargement of supply footprint, scope of companies provided, and technology-specific investments. / on the property in the course of the yr.
Chirajeet (CJ) Sengupta, Associate, Everest Group, commented, “As corporations try and speed up their digital journeys in an unsure world, agility usually issues greater than scale. Market challengers are necessary for companies as a result of they have a tendency to problem the established order and contribute to transformational change. LTI’s dedication to buyer change and focused investments in next-generation capabilities have helped solidify the Challenger of the 12 months place in our 2021 listing. “
The Everest Group evaluation covers 26 segments in healthcare, life sciences, BFSI, insurance coverage, cloud and infrastructure, functions, digital platform companies and enterprise. The Challengers listing compares gamers with lower than $ 2 billion in annual revenue.
The total report will be downloaded at this hyperlink.
LTI (NSE: LTI) is a world expertise consulting and digital options firm that helps greater than 400 shoppers reach a converged world. With operations in 31 nations, we’re going the additional mile for our prospects and accelerating their digital transformation with LTI’s Mosaic platform enabling their cellular, social, analytics, IoT and cloud journey. Based in 1997 as a subsidiary of Larsen & Toubro Restricted, our distinctive heritage provides us unmatched real-world experience to resolve essentially the most advanced challenges of companies in all industries. Each day, our staff of greater than 33,000 LTItes allows our shoppers to enhance the effectivity of their enterprise and expertise operations and ship worth to their prospects, staff and shareholders. Comply with us on @LTI_Global
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