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L&T Infotech, Oracle to develop solutions based on Oracle IoT Cloud Service

20 Sep 2016 Evaluate

L&T Infotech has inked pact with Oracle to develop and market solutions based on the Oracle Internet of Things (IoT) Cloud Service. Both the entities are working together on innovative cloud solutions to help manufacturing, utilities and construction companies digitize business processes and improve operational efficiencies.

With this, both the entities will leverage their technical and domain expertise to deliver innovative solutions like, Visual Cargo, Smart Water Processing, Heavy Assets Management and Industrial Pump Optimization.

L&T Infotech, a subsidiary of engineering & construction major Larsen & Toubro, figures among India’s top 10 IT service providers. It is currently looking to pursue strategic acquisitions in Germany and France to enhance capabilities and address gaps in language capability, industry & technical expertise and geographic coverage in these countries. 

Peers
Company Name CMP
TCS 2354.10
Infosys 1096.45
HCL Technologies 1340.05
Wipro 172.35
Tech Mahindra 1588.45
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