Thales and L&T Technology Services Expand Collaboration to Provide Innovative Business Models
Thales, a leading global technology and security provider announces a new contract with engineering and R&D firm L&T Technology Services Limited (LTTS). The partnership brings Thales’s software monetization platform, Thales Sentinel, to LTTS’ customer base, especially in the Hi-tech, Sustainability and Mobility segments.
Damien Bullot, Vice President, Software Monetization Solutions, Thales says, “This partnership builds on Thales’s long-standing relationship with LTTS, helping their customers unlock the true value and potential of their software products through flexible pricing and subscription models, better compliance, and automated delivery and activation. We look forward to our continued collaboration to ensure their industry-leading AI offers are properly protected and monetized for maximum ROI.”
Under the new contract, LTTS will resell the Thales Sentinel platform to its customer base and group affiliates globally across diverse sectors, including transportation, medical, hi-tech, telecom, and financial services.
Alind Saxena, Executive Director & President, Mobility & Tech at L&T Technology Services says, “Our partnership with Thales underscores our commitment to drive innovation and superior solutions across mobility, sustainability, and hi-tech, leveraging their Sentinel platform.”
“Our proficiency in creating cutting-edge digital solutions and our deep understanding of AI will form the backbone of a robust digital infrastructure. We anticipate contributing to a cohesive digital thread throughout the value chain, accelerating market entry, reducing cycle time along with product development costs, and aiding our customers in their journey towards sustainability through improved software monetization potential” adds Alind.
Present in India since 1953, Thales is headquartered in Noida and has other operational offices and sites spread across Delhi, Bengaluru, and Mumbai, among others. Over 2200 employees are working with Thales and its joint ventures in India.