L&T Technology bags $40 million contract in Europe

The company didn't disclose the name of the client

September 24, 2018 12:55 pm | Updated 12:55 pm IST

Bengaluru L&T Technology Services (LTTS) on Monday announced that it has won a multi-year deal worth $40 million over five years 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 programs in the U.S. and European regions," according to a company statement. The company didn't disclose the name of the client.

L&T will leverage centres in Europe, the U.S. and India while assuming complete ownership and talent to manage content for all current and future product suites for the customer, according to the statement.

"This would include technical design specifications, diagnostic solutions for service engineers and product training for customers and engineers, thereby supporting the entire ECM cycle from product conceptualization to developing digital content platforms."

"LTTS will provide expertise and support in building content management capabilities with the help of new technologies such as AI & Virtual Reality, thereby enhancing the overall customer experience,” said Keshab Panda, CEO & Managing Director, L&T Technology Services.

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