L&T Technology Services Named Leader in Connected Product Engineering by Everest Group PEAK Matrix® 2024

L&T Technology Services Limited (LTTS), a global leader in digital engineering and R&D services, has been named a Leader in the Connected Product Engineering Services PEAK Matrix® Assessment 2024 by Everest Group. This accolade reflects LTTS’s unwavering dedication to excellence and innovation in embedded engineering across sectors such as Mobility, Technology, and Sustainability.

Everest Group’s PEAK Matrix® Assessment evaluates engineering service providers based on their leadership in digital engineering, client feedback, and their ability to deliver transformative solutions. LTTS’s prominent position in this assessment underscores its advanced capabilities and significant contributions to the connected product engineering field.

According to Nishant Udupa, Practice Director at Everest Group, “L&T Technology Services offers a comprehensive portfolio in connected product engineering, particularly in embedded engineering. The company has enhanced its capabilities through investments in intellectual properties, labs, Centers of Excellence (CoEs), and partnerships with hyperscalers and technology vendors. Its solutions in medical technology and connected home applications stand out due to ongoing investments in AI/ML, IoT, and edge intelligence.” He added that clients value LTTS for its domain expertise, skilled workforce, effective project management, and flexibility, all of which have contributed to its leadership status in the assessment.

With capabilities in IoT, digital twin technology, and advanced embedded systems, LTTS is continuously evolving its service offerings to remain at the forefront of industry trends. Clients benefit from improved operational efficiencies, faster time-to-market, and access to transformative technologies that provide a competitive edge. This recognition from Everest Group attests to LTTS’s commitment to innovation and its focus on delivering impactful, future-ready engineering solutions.

“Being recognized as a Leader in the Connected Product Engineering Services PEAK Matrix® Assessment 2024 by Everest Group endorses our market capabilities,” said Abhishek Sinha, Executive Director & President, Medical, Smart World & Functions at L&T Technology Services Limited. “At LTTS, we are dedicated to pushing the boundaries of technological innovation, delivering engineering services that create substantial value for our clients. We will continue to provide transformative, high-impact solutions, setting new benchmarks in Mobility, Sustainability, and Technology.”

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