[December 12, 2017] |
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LTI to Offer Blockchain Solution Powered by Microsoft Azure
Larsen & Toubro Infotech (News - Alert) Ltd. (NSE: LTI, BSE: 540005), a global
technology consulting and digital solutions company, announced today the
availability of its blockchain-based trade finance solution on Microsoft (News - Alert)
Azure marketplace.
The solution tracks the flow of goods in a value chain, improving
transparency across multiple entities involved. It enables accelerated
adoption of distributed ledger technologies by bringing together LTI's
deep industry knowledge and blockchain capabilities together with
Microsoft's expertise in cloud-based solutions.
Aftab Ullah, Chief Operating Officer, LTI said, "Our vision is to
deliver exponential operational efficiencies to the world's leading
companies through digital innovation. LTI's Blockchain services include
end-to-end consulting and implementation and are designed to help
transform our clients' business operations. The collaboration with
Microsoft will accelerate our ability to deliver these services on
Cloud."
Ausaf Ahmad, global blockchain solutions lead, One Commercial
Partner, Microsoft, comments, "Blockchain has the potential to
significantly transform business by providing organizations a way to
speed transactions, digitally track assets and streamline complex
business processes. By using Microsoft Azure Blockchain technology, LTI
and its clients can focus on accelerating real-world blockchain-based
application deployment."
Saurabh Gupta, Chief Strategy Officer, HfS Research, said, "HfS
Research assessed 20+ blockchain solution and service providers and LTI
emerges as a High Performer in Enterprise Blockchain Services. LTI
stands out because of its integrated approach to emerging technologies,
such as IoT and AI, under Mosaic, the ready-to-deploy blockchain
solution accelerators."
LTI's Blockchain practice works with global clients across industries to
build solutions in areas of trade finance, payments, KYC, insurance &
supply chain among others. HfS Research has ranked LTI as High Performer
in the HfS Blueprint 2017 Enterprise Blockchain Services Report.
About LTI:
LTI (NSE: LTI, BSE: 540005) is a global technology consulting and
digital solutions company helping more than 250 clients succeed in a
converging world. With operations in 27 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 20 years ago as a subsidiary of the Larsen & Toubro
group, 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 20,000 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:
Connect with LTI:
View source version on businesswire.com: http://www.businesswire.com/news/home/20171212005583/en/
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