Larsen & Toubro Infotech Limited is a global IT solutions and services company based in Mumbai, India. In 2017, NASSCOM ranked LTI as the sixth-largest Indian IT services company in terms of export revenues. It was among the top 15 IT service providers globally in 2017, according to the Everest Group's PEAK Matrix for IT service providers. It employs standards of the Software Engineering Institute's Capability Maturity Model Integration and is a Maturity Level 5 assessed organization.
History
Founded as L&T Information Technology Ltd in December 1996, LTI is a wholly owned subsidiary of Larsen & Toubro Ltd. During 2001–2002 the company's name was changed from L&T Information Technology Limited to Larsen & Toubro Infotech Limited and in the same year the company achieved the assessed level of SEI Level 5. L&T Infotech dropped the word 'Infotech' from its name to reflect the changed business environment and rebranded itself as 'LTI' with a tag line of 'Let's Solve' in May 2017.
Global presence
LTI has its presence across the following regions:
2019: Powerupcloud Technologies, Lymbyc, NIELSEN+PARTNER of Hamburg, Ruletronics
LTI Mosaic
LTI is the data-to-decisions platform that offers data engineering, advanced analytics, knowledge-led automation, IoT connectivity using exponential technology. In 2019 with the acquisition of Lymbyc, LTI added , a virtual intelligent analyst to its Mosaic portfolio. Leni lets users conversationally access information and insights at a large scale. Leni claims to be the world’s first virtual analyst.
Awards and recognition
In 2019, LTI ranked as the Top Service Provider in France for the Second Consecutive Year in the French IT outsourcing study conducted by
In 2019, LTI won CMO Asia Awards in two categories – Brand Excellence in IT/ITES 2019 and Marketing Campaign of the Year
LTI ranked number 5 in Top 10 Energy Service Providers 2019
In January 2019, LTI and ACORD announced collaboration to drive digital adoption in the insurance industry
In November 2018, Inclusive Tech Alliance recognized LTI President Sales Sudhir Chaturvedi among the top 100 most influential leaders in UK Tech Sector
In January 2018, LTI CEO and MD Sanjay Jalona chosen as Exemplary CEO of the Year by BW Business World
In March 2017, LTI Ranked Amongst 'Super 50' in Dalal Street Investment Journal 150 Wealth-Creators List.
In March 2017, LTI Named a Top 15 Sourcing Service Provider by Information Services Group.
In March 2016, LTI positioned among Everest Group's Top 20 IT Services Providers.
In February 2016, L&T Group Executive Chairman A.M. Naik was awarded an honorary Doctorate of Letters Degree from the Veer Narmad South Gujarat University. The doctorate is in recognition of Mr. Naik's long and distinctive contribution to the nation to society.
In December 2015, LTI Named as one of the 'Star Performers' and 'Major Contenders' in Everest Group's PEAK MatrixTM Assessment 2015 for Global Insurance Service Provider
In 2014, LTI ranked number 6 in India IT companies in 2013–2014,2014-2015 and 2015-2016 by NASSCOM rating.
Controversy
In 2016, management revoked offer letter of few recruits after waiting for a period of 18 months. This caused some disruption in Chennai's IT Corridor and there was protest against the company's management in front of its Chennai office.
