Deals14 May 2024, 02:26 pm
L&T Technology Services Named a Top 15 Sourcing Standout by ISG for 1Q 2024
AI Summary
L&T Technology Services Limited has been recognized as a Top 15 Sourcing Standout by Information Services Group (ISG) in the Breakthrough 15 category based on annual contract value (ACV) won over the last 12 months. The company was similarly recognized for the Americas and Asia Pacific regions.
Key Highlights
- L&T Technology Services Ltd named a Top 15 Sourcing Standout by ISG based on annual contract value (ACV)
- Recognition for the Americas and Asia Pacific regions
- Increased focus on technology services, R&D, and digitalization
- Substantial growth driven by a strong engineering heritage, multi-vertical expertise, and investments in reusable tech assets
- Preparing for next phase of growth with a 'Go Deeper to Scale' strategy