LTI, PTC Inc, US, to Set Up IoT-focused CoE in Bangalore
CoE will use the real-time data from multiple facilities in use at LTI’s campus, and thereby provide rich, real-life data beyond what’s usually available in a simulated environment.
Larsen & Toubro Infotech Ltd (LTI), has teamed up with the US-based PTC Inc, and have come up with a state-of-the-art Center of Excellence (CoE) in Bangalore. The CoE is focused on Internet of Things (IoT)-based innovations, specifically on Industry 4.0 solutions in manufacturing and oil & gas sectors.
LTI will now take help of the CoE to design, build and showcase solutions for smart, connected enterprises, from proof-of-concept to industrialized deployments. The CoE, on its parts, will showcase the possibilities of transformative technologies to global customers. These will feature Industrial IoT solutions developed on PTC’s ThingWorxâ platform. LTI, according to top company officials, plans to deploy reusable IoT assets from its real-world experience while implementing enterprise-scale digital transformation solutions for global customers, particularly global industrial manufacturing enterprises.
CoE will use the real-time data from multiple facilities in use at LTI’s campus, and thereby provide rich, real-life data beyond what’s usually available in a simulated environment. That certainly will be a unique feature.
It will also use AR/VR technology to demonstrate to show how those technologies can be used to contextualize digital information in the physical world and enable seamless interaction with users.
Sudhir Chaturvedi, president-sales, and executive board member, LTI, said that the convergence of the physical and digital worlds is resulting in exciting business opportunities and LTI aims to maximize returns from these. The collaboration with PTC offers enterprises pursuing Industry 4.0 transformation the chance to gain privileged access to hi-tech innovations to help them accelerate their digital adoption journey.
Michael DiTullio, EVP, sales and marketing, PTC, said that the companies are investing significant resources to transform their businesses – having a clear direction and the right technologies are critical for success. The partnership with LTI on this CoE will help accelerate these transformations and help companies achieve value through connected products more quickly.