L&T Technology Services (LTTS) provides extensive support for R&D, and testing and design, while assuming complete ownership for new product development initiatives across the power and machine tools segment.
The manufacturing industry is striving to meet the rising demand for next-generation, smart machines and tools — with the global market for machine tools poised to reach $140.5 billion by 2020.1 In addition, government initiatives like industrial corridors and tax subsidies are also fueling the growth of IoT— enabled production lines, special purpose machine design, and engineering analytics. With constantly evolving regulations and the introduction of IEC Standards 60974, manufacturers will need to focus on recertifying and upgrading their old equipment. As a result, enterprises are looking to employ analytics-based predictive and preventative maintenance, equipment benchmarking, and value engineering in order to achieve the next level of transformation.
L&T Technology Services (LTTS) provides extensive support for R&D, and testing and design, while assuming complete ownership for new product development initiatives across the power and machine tools segment. Our specialized services include manufacturing test systems and end-of-line fixture design necessary for upgrading legacy power and machine tools. LTTS also offers engineering data analytics and IoT maintenance solutions that can aid in developing IoT-enabled production lines and enhancing security within the framework. With our predictive maintenance solutions, test automation, and equipment pre-compliance support, enterprises can adequately address evolving regulatory standards and deliver highly personalized services across geographies.