L&T Technology Services Ltd.

BSE: 540115 | NSE: LTTS
Mid Cap | IT - Software
3434.95
61.50 (1.82%)
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L&T Technology bags $40 million ECM deal in Europe

Date: 24-09-2018

L&T Technology Services (LTTS) has won a multi-year deal to provide digital content management services to a leading technology company’s industrial products segment. The deal is expected to run for a period of 5 years with an aggregate revenue potential of $40 million, covering Engineering Content Management (ECM) programs in the US and European regions.

The company will leverage centers in Europe, US & India while assuming complete ownership and talent to manage content for all current and future product suites for the customer. This would include technical design specifications, diagnostic solutions for service engineers and product training for customers & engineers, thereby supporting the entire ECM cycle from product conceptualization to developing digital content platforms.

LTTS is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.