L&T Technology Services and SymphonyAI Join Forces to Revolutionize Enterprise Operations with AI

About Partnership

L&T Technology Services (LTTS) and SymphonyAI have announced a strategic partnership to deliver cutting-edge AI-based solutions for enterprise operations. This collaboration leverages SymphonyAI’s Apex Enterprise Copilot, a powerful AI-driven platform, to transform IT service management (ITSM) and enhance overall business efficiency.

The partnership aims to deliver transformative IT operations solutions to global customers by combining LTTS’ deep industry expertise with SymphonyAI’s advanced AI capabilities. The Apex Enterprise Copilot platform empowers organizations to streamline workflows, reduce costs, and improve service delivery by up to 50%.

The collaboration has already yielded positive results with a joint customer in the media industry. By replacing a legacy ITSM system with Apex Service Management, the customer achieved significant cost reductions, enhanced analyst productivity, and accelerated time-to-market for new services.

The partnership offers rapid ROI through AI-driven solutions, enhanced efficiency through Apex Enterprise Copilot, improved customer experience through self-service capabilities, and scalability and flexibility due to the low-code/no-code architecture of Apex, which allows for easy configuration and adaptation to evolving business needs, reducing manual tasks and increasing productivity.

Share Price Movement

L&T Technology Services (LTTS) is currently trading at Rs 5035.80, marking a slight increase of 0.66% or Rs 32.90 from its previous closing price of Rs 5002.90. The stock reached a high of Rs 5069.95 and a low of Rs 4976.00 during today’s trading session. LTTS has experienced a wider price range, with a 52-week high of Rs 5884.95 and a low of Rs 3910.00. Currently, the stock is trading within a price band of Rs 4502.65 to Rs 5503.15.

About SymphonyAI

SymphonyAI is a leading enterprise AI SaaS company for digital transformation across the most critical and resilient growth verticals, including retail, consumer packaged goods, finance, manufacturing, media, and IT/enterprise service management. SymphonyAI verticals have many leading enterprises as clients. Since its founding in 2017, SymphonyAI has grown rapidly to 3,000 talented leaders, data scientists, and other professionals. SymphonyAI, 2024 Microsoft Partner of the Year for Business Transformation – AI Innovation, is a SAIGroup company.

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries

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