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L&T Technology Services and Altair Launch Digital Twin Center to Drive Innovation

07 August 20243 mins read by Angel One
Altair and LTTS unveil a digital twin CoE to enhance AI-driven engineering, predictive maintenance, and rapid development across industries.
L&T Technology Services and Altair Launch Digital Twin Center to Drive Innovation
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On August 7, 2024, Altair and L&T Technology Services collaborated to create a digital twin centre of excellence (CoE).

This new CoE aims to boost digital transformation by offering advanced digital twin solutions to clients in the mobility, hi-tech, and sustainability sectors. The CoE will provide expertise in AI-driven engineering, innovation labs for new simulations, predictive maintenance, and faster product development. Additionally, it will offer practical training to help organisations stay updated with the latest techniques and technologies.

LTTS has extensive experience with digital twin technology and operates several centres of excellence (CoEs) at its design locations. Its Digital Twin for Line Operations improves performance using virtual commissioning, efficiency monitoring, predictive maintenance, and root cause analysis based on real-time and historical data. This tool supports strategic digital transformations and includes modular implementation and role-based access. LTTS has also developed a digital twin for oil rig operations that uses more than 54 machine-learning algorithms to automate processes.

LTTS has already used Altair’s comprehensive digital twin tools, which include solutions from both the Altair® HyperWorks® design and simulation platform and the Altair® RapidMiner® data analytics and AI platform. These tools have been applied to various projects, such as motor, battery, and gearbox systems; automotive electrical systems, predicting heart attack and stroke risks; improving automotive production line performance; and forecasting wind power.

Altair’s all-in-one digital twin solutions, combined with LTTS’s expertise, help organisations enhance efficiency and implement digital twin technology at any stage—from early design to ongoing performance.

“In a world defined by the ever-increasing pace of technology and market pressures, this initiative will help organisations stay ahead of technology trends, maximise their investments, and bring better, more informed products and processes to market faster,” said Stephanie Buckner, Altair’s Chief Operating Officer.

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a publicly traded subsidiary of Larsen & Toubro Limited that specialises in Engineering and R&D (ER&D) services. We provide consulting, design, development, and testing services throughout the product and process development lifecycle.

On August 07, 2024, L&T Technology Services Limited’s share price opened at ₹4,984.00, touching the day’s high at ₹4,990.00 at 1:16 PM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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