L&T Technology Services today announced it is entering into a strategic collaboration with Cisco to explore potential IoE opportunities for transportation and other industry verticals and joint go-to-market opportunities globally.
Cisco and L&T Technology Services, a wholly-owned subsidiary of Larsen and Toubro will make joint contributions to a Global Solution Centre to showcase innovative and breakthrough connectivity and convergence based solutions, the company said in a release.
It said the Solution Centre which will be housed within the L&T Technology Services facility in Bangalore will focus on both technical and business considerations of connected transportation as well as ways to make Rails and mass transit more productive, intelligent and safe.
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The company said the collaboration will focus on bringing together the best-in-class, complementary capabilities of Cisco's end-to-end IoT architecture and robust vertical solutions with L&T Technology Services' deep understanding of the needs of the industrial sector along with global technology services capabilities.
Stating that L&T Technology Services will collaborate with Cisco to develop new solutions and customise existing solutions based on needs of the target market, it said as the pre-eminent infrastructure major, L&T, with its strength in the transportation infrastructure and as a market leader in rail transportation, will provide its expertise and a view into the market opportunities available.
The joint collaboration will focus on assessing the business value of various IoE solutions for the railway segment, and plans include expanding to other areas such as manufacturing, defense, CPG and the off-highway transport segment, it added.