L&T Technology Services Named a Top 15 Sourcing Standout by ISG

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L&T Technology Services Limited , a global digital engineering and R&D services company, has been recognized as a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm. This recognition is based on the annual contract value (ACV) won by LTTS over the last 12 months, highlighting the company’s strong performance in the Breakthrough 15 category on a global scale, as well as in the Americas and Asia Pacific regions.

The ISG Index™, now in its 86th consecutive quarter, serves as an independent review of the latest sourcing industry data and trends. It names the top 15 commercial providers in various categories based on revenue and regions. This recognition reflects LTTS’ deep commitment to innovation, quality, and customer satisfaction in the technology services sector.

Alind Saxena, President-Sales and Executive Director at L&T Technology Services Limited, expressed gratitude for the recognition, emphasizing the company’s relentless pursuit of quality and exploration of the latest technologies. LTTS’ growth has been driven by its engineering heritage, multi-vertical expertise, and strategic investments in reusable tech assets and solutions.

Some key factors contributing to L&T Technology’ success include:

  • Investments in reusable tech assets and solutions
  • Allocating around 2% of annual revenues to drive sustainable growth and innovation
  • The company’s 6 Big Bets, which enhance competitive differentiation and accelerate product development

LTTS is pursuing a ‘Go Deeper to Scale’ strategy, streamlining the organization into 3 segments: Mobility, Sustainability, and Hi-Tech. This restructuring aims to empower leaders, improve decision-making, and increase domain specialization, ultimately unlocking higher value for global customers.

ISG Index™ recognition is based on data submitted by LTTS each quarter. Paul Reynolds, Chief Research Officer at ISG, acknowledged LTTS’ growth and strong presence in the global ER&D services market.

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