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L&T Technology Services enters into collaboration to create an innovation laboratory

23 Feb 2017 Evaluate

L&T Technology Services (LTTS), a leading global pure-play engineering R&D services company, has entered into a strategic collaboration with UTC Climate, Controls & Security and Otis, units of United Technologies Corp., to create an innovation laboratory focused on integrated buildings, smart homes and cold chain technologies. The lab will be located at LTTS’ Bengaluru campus, with support from the UTC business units.

The lab will conduct intelligent buildings work in the area of adaptive climate and environmental controls designed to save energy and money, as well as positively impact workforce productivity. Engineers will also develop real time analytics to measure key elevator performance metrics.

L&T Technology Services is a subsidiary of Larsen & Toubro with a focus on Engineering R&D Services servicing customers including a number of Fortune 500 companies globally.


Peers
Company Name CMP
TCS 2493.00
Infosys 1166.10
HCL Technologies 1432.00
Wipro 198.25
Tech Mahindra 1821.05
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