PR88446

MUMBAI, India, 11 March 2021 /PRNewswire=KYODO JBN/ --

Listed as the Star Performer of the Year for Banking and Financial Services

    Larsen & Toubro Infotech (BSE: 540005) (NSE: LTI) , a global technology

consulting and digital solutions company has topped the list of 'IT Services

Challenger 2021' in Everest Group's PEAK Matrix Service Provider of the Year TM

Awards. LTI is also listed as the Star Performer of the Year for Banking and

Financial Services. Additionally, LTI's rank in the overall PEAK Matrix(R)for

IT services improved from #16 last year to #11 this year, the highest leap

registered by any player.

    LTI has been categorized among the best in ITS Challenger 2021 list based

on PEAK Matrix(R) Assessment 2021 undertaken across services such as – Advanced

Analytics & Insights, Artificial Intelligence, Cloud-native Application

Development, Internet of Things, Application and Digital Services in Life and

Annuities and Capital Markets, Next-generation Application Management,

Insurance Business Model Innovation Enablement, Cloud Hyper scalers etc.  

    Sanjay Jalona, CEO & Managing Director, LTI, said: "At LTI, we take pride

in cultivating a beginner's mind and challenging the status quo. This

recognition is a true indicator of our aspiration and commitment to be the

leader across a wide range of industries and services offerings. This

accomplishment inspires us to continue building capabilities and investing

in-line with customer expectations."

    The latest rankings acknowledge LTI's above industry performance on

parameters such as - operational matrix, innovation, expansion in delivery

footprint, scope of services offered and Technology / domain specific

investments during the year.

    Chirajeet (CJ) Sengupta, Partner, Everest Group, commented: "As enterprises

try to accelerate their digital journeys in an uncertain world, agility often

matters more than scale. Market challengers are important for enterprises

because they tend to question the status quo and help drive transformational

change. LTI's commitment to its customers' change agenda, and its focused

investments in next generation capabilities have helped it cement the position

of Challenger of the Year in our 2021 list."

    Everest Group's evaluation spans 26 segments across Healthcare, Life

Sciences, BFSI, Insurance, Cloud & Infrastructure, Application, Digital and

Enterprise Platform Services. The Challengers list compares players with less

than $2 billion in annual revenues.  

    The complete report can be downloaded at this link [

https://www.lntinfotech.com/news-event/lti-tops-everest-groups-it-services-challenger-list/]

.

    About LTI

    LTI (NSE: LTI) is a global technology consulting and digital solutions

Company helping more than 400 clients succeed in a converging world. With

operations in 31 countries, we go the extra mile for our clients and accelerate

their digital transformation with LTI's Mosaic platform enabling their mobile,

social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of

Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world

expertise to solve the most complex challenges of enterprises across all

industries. Each day, our team of more than 33,000 LTItes enable our clients to

improve the effectiveness of their business and technology operations and

deliver value to their customers, employees and shareholders. Follow us at

@LTI_Global

    Connect with LTI:

    Read our News [https://www.lntinfotech.com/news-events/] and Blogs

[https://www.lntinfotech.com/blogs/]

    Follow us on Twitter [https://twitter.com/LTI_Global] and LinkedIn

[https://in.linkedin.com/company/l&t-infotech]

    Like us on Facebook

[https://m.facebook.com/LarsenToubroInfotech/?hc_ref=SEARCH&fref=nf]

    Watch our videos on YouTube

[https://www.youtube.com/user/LarsenToubroInfotech]

    Logo: https://mma.prnewswire.com/media/1044154/LTI_Logo.jpg

    Source: LTI