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    Schindler partners with L&T Technology Services for digital & engineering transformation

    Synopsis

    L&T Technology Services will provide product development, innovation and engineering services & solutions that will help Schindler to accelerate its digitization and connectivity initiatives.

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    Engineering services company L&T Technology Services (LTTS) said that it been selected by Schindler, the Switzerland-based provider of elevators, escalators, moving walks and related services as one of its key partners to provide innovative digital engineering capabilities.
    L&T Technology Services will provide product development, innovation and engineering services & solutions that will help Schindler to accelerate its digitization and connectivity initiatives.

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    “As a global player in the elevator and escalator industry, we leverage the new digital technologies to introduce best-in-class solutions to our customers. We look forward to the synergies arising from our future collaboration with LTTS,” said Karl Heinz Bauer, Chief Technology Officer (CTO), Schindler.

    This is a multi-year engagement, during which LTTS will work with Schindler to accelerate IT digitisation and connectivity initiatives.

    “Innovations such as digital twin technology, build to automation, and the advancements in wireless connectivity are accelerating Industry 4.0 adoption. Schindler is a pioneer in the elevator & escalator industry and through this alliance, we commit to supporting Schindler in matching new-age innovations with traditional engineering,” said Prabhakar Shetty, Global Head of Digital Manufacturing Services at L&T Technology Services.

    Last week, LTTS announced that it had won a $100 million multi-year contract from a large oil & gas firm in the US.

    LTTS works with 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries.
    The Economic Times

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