The Center will focus specifically on Industry 4.0 solutions in Manufacturing and Oil & Gas sectors to help them accelerate their digital adoption journey
Larsen & Toubro Infotech Ltd. (LTI) in collaboration with USA-based PTC Inc., on Tuesday, unveiled a state-of-the-art Center of Excellence (CoE), which will focus on Internet of Things (IoT)-based innovations, in Bengaluru.
The CoE will focus specifically on Industry 4.0 solutions in Manufacturing and Oil & Gas sectors.
LTI will leverage the CoE to design, build and showcase solutions for smart, connected enterprises, from proof-of-concept to industrialized deployments.
The CoE will showcase the possibilities of transformative technologies to global customers, featuring Industrial IoT solutions developed on PTC’s ThingWorx platform.
LTI plans to deploy reusable IoT assets from its real-world experience in implementing enterprise-scale digital transformation solutions for global customers like L&T Construction and other global industrial manufacturing enterprises.
A unique feature of the CoE will be the use of real-time data from multiple facilities in use at LTI’s campus, thereby providing rich, real-life data beyond what’s usually available in a simulated environment.
“The convergence of the physical and digital worlds is resulting in exciting business opportunities and LTI aims to maximize returns from these. Our collaboration with PTC offers enterprises pursuing Industry 4.0 transformation the chance to gain privileged access to hi-tech innovations to help them accelerate their digital adoption journey,” said Sudhir Chaturvedi, President Sales and Executive Board Member, LTI.
Noting that companies are investing significant resources to transform their businesses, Michael DiTullio, EVP, Sales and Marketing, PTC, opined that having clear direction and the right technologies is critical for success.
“We are pleased to partner with LTI on this CoE to help accelerate these transformations and help companies achieve value through connected products more quickly,” DiTullio asserted.