Thread by @ParveenBhansali

#LTTS Q3 Highlights:

Won a USD45 mn deal along with
two other deals greater than $10 million.

Won two significant empanelments-

the first with one of the world's largest technology companies and the second with a global aircraft manufacturer.

These empanelments mark the strengthening of #LTTS relationship with the customer as the co become their preferred partner. 

There is potential of $50 mn revenues in each
empanelment over the next few years.

Engagement in high-end research projects aimed at expanding electrification to the Heavy Equipment and Aero segments.

#LTTS doing feasibility studies for high voltage topologies to gain the ability to work on complex projects such as the complete design of a High Voltage electric power train for a US Trucks & Off Highway customer amongst others.

In Aero, spending picking up in areas like digital platforms and solutions for traditional OEMs, and Electrification & Hybridization for new age innovative companies, leveraging alternative propulsion technologies.

In Oil and Gas space there is pipelines of opportunities in
establishing High Value Engineering centers for  customers.

Alternative energy, carbon capture and product mix changes will require significant engineering-led transformation of the business.

In FMCG #LTTS  won a large deal with a global CPG major for their greenfield expansion in Europe n looking forward to support their expansion in Americas as well.

#5G space seeing marquee customers n partners taking advtg of huge spends coming up on integrating various network components n implementing AI solutions as d 5G network gets deployed

Semi space seeing a pickup in new chip design work, especially in 7-nanometertechnology area.

In Hitech space #LTTS empaneled  as a preferred engineering partner to one of the world's largest technology companies.

#LTTS  engineers hv designed a lightweight small form-factor sensor that works on advanced 5G communication n optimal for deployment in industrial mesh networks.

Such innovation is possible only coz of #LTTS multi-discipline expertise, where they combine 5G and NB-IoT solutions,Chip-to-Cloud competency and Industry 4.0 knowledge.

In Medical Space #LTTS has built solutions in digital/robotics surgery space which is finding good traction in the market.

LTTS engineers in collaboration wth
IIT Madras hv developed a sepsis detection device based on Micro Fluidics Infection Management Platform which is a portable device for real time patient care in an area where many of #LTTS customers are investing in, including #telemedicine.

#LTTS engineers filed 25 patents in Q3 mostly in Collaborative and Intuitive spaces in Digital.

#LTTS AI solution AiKno®, is now an integral part of new product development, for e.g., it has helped in enabling faster and accurate Medical Device compliance with FDA.

#LTTS investing in R&D for the next version that will leverage embedded AI.