LTI Named as the Top Challenger in the Everest Group’s PEAK Matrix IT Service Provider of the YearTM 2019

MUMBAI, India–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/EverestGroup?src=hash” target=”_blank”gt;#EverestGrouplt;/agt;–Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global
technology consulting and digital solutions company, has topped the list
of ‘Challengers’ in the Everest Group’s PEAK MatrixTM Service
Provider of the Year 2019, for the second year in a row. The Challengers
List includes companies with revenues less than USD 2 billion.

Serving as a sought-after reference guide for IT services buyers,
Everest Group PEAK MatrixTM offers decision makers a
selection guidance as well as insights into the strategies adopted by
solution providers for key business lines, geographies and technologies.

LTI emerged at the top based on its consistent performance in 21
segments, across multiple parameters and sectors that include: GDPR
services, Global Banking, Capital Markets, Digital & IoT Services.

LTI also moved from 13th to 11th position in the
IT Services Top 20 list. The Top 20 list is created using a consolidated
score reflecting points received on individual evaluations in Everest
Group’s PEAK MatrixTM assessments throughout the year.

Sanjay Jalona, Chief Executive Officer & Managing Director, LTI,
said, “At LTI, we see a tremendous opportunity to enable digital
transformation by helping customers through four strategies – leveraging
operations as a lever of transformation, being a data-driven
organization, transforming experiences and digitizing the core. This
recognition validates our strategy and represents our consistent ability
outperform competitors across domains and services that enable breakaway
success.”

Chirajeet (CJ) Sengupta, Everest Group Partner, said,
“Given the disruption in the IT services market, there is equal
opportunity for every service provider irrespective of size and scale.
LTI has showcased a strong focus on building internal IP, a credible
partner ecosystem, and a relevant talent pool – all of which have helped
the company position itself as the top challenger in Everest Group’s
PEAK Matrix Service Provider of the Year 2019 report. Moreover, LTI has
strengthened its positioning in traditional areas such as banking and
insurance, while developing sophisticated capabilities across newer
areas such as GDPR services.”

Everest Group evaluates service providers for different segments across
Healthcare & Life Sciences, BFS, Insurance, Cloud and Infrastructure
services, Application services and Digital services. The complete report
can be downloaded from Everest website: https://www.everestgrp.com/everest-group-peak-matrix-service-provider-year/2019-everest-group-peak-matrix-service-provider-of-the-year/

About LTI:

Larsen & Toubro Infotech (NSE: LTI, BSE: 540005) is a global technology
consulting and digital solutions Company helping more than 300 clients
succeed in a converging world. With operations in 30 countries, we go
the extra mile for our clients and accelerate their digital
transformation with LTI’s Mosaic platform enabling their mobile, social,
analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of
Larsen & Toubro Limited, our unique heritage gives
us unrivaled real-world expertise to solve the most complex challenges
of enterprises across all industries. Each day, our team of more than
27,000 LTItes enable our clients to improve the effectiveness of their
business and technology operations, and deliver value to their
customers, employees and shareholders. Find more at www.Lntinfotech.com
or follow us at @LTI_Global

More information:

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Contacts

Neelian Homem
PR & Media Relations – India
+91-900-434-5540
[email protected]

Karin Bakis
PR & Media Relations – USA
+1-978-998-1578
[email protected]

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