L&T Technology Services shines on smart city project
DSIJ Intelligence / 24 Apr 2017
L&T Technology Services (LTTS) has won a smart city & campus project. The company’s project entails developing a smart office campus in Israel for a leading technology company – a result of its expanded partnership with Microsoft.
L&T Technology Services (LTTS) has won a smart city & campus project. The company’s project entails developing a smart office campus in Israel for a leading technology company – a result of its expanded partnership with Microsoft.
The newly innovated smart office campus being developed by the firms will use IoT- enabled sensors and predictive analytics. LTTS’ smart buildings' i- BEMS platform will provide energy saving technology and cloud-based asset management that complement Microsoft’s 'Digital User Experience' design solutions.
Used together, LTTS and Microsoft Technologies can lower customer energy bills by upto 40 percent, provide ‘Net-Zero’ energy generation management, and extend the asset life for cities, campuses and buildings.
The multi-year project was awarded shortly after LTTS and Microsoft expanded their existing partnership for Smart City, Campus & Building (SCCB) solutions based on Microsoft Azure.
The stock price of LTTS increased 0.97 per cent in early trade, and is trading at Rs 744.65 on an intraday basis.
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