L&T Technologies

Margins were better managed despite a higher attrition of 23.2% in Q1, up from 20.4% in Q4FY22

LTTS has gained 7 per cent after the company was selected as an engineering partner by Mavenir and NVIDIA, to accelerate adoption of the industry's first converged AI-on-5G

L & T Technology Services Limited, a leading global engineering services company, announced today that it worked with Intel Corporation to develop an outdoor smart parking solution.The solution is powered by the Intel distribution of the OpenVINO Toolkit to run AI inferencing models on Intel Xeon scalable processors and Intel Movidius VPUs. With edge AI capabilities, the solution aims to redefine the outdoor smart parking experience in public areas across the globe.Designed for a cloud-enabled world, the solution has four key components: an operator portal that hosts user information; a mobile application for end-user interface; a digital signage module to ensure safe and secured access; and a digital camera - all connected by the AWS cloud platform. This architecture helps end users easily locate available parking spaces in outdoor parking lots.The solution, which does not require sensors, can cover thousands of parking spots. Some of the key features include offering users a ...

L & T Technology Services expands collaboration with Microsoft to offer eco-friendly solutions for workplace transformation

"We are also working with Microsoft on platform development," he said.