L&T Technology Services, ISG and CNBC TV18 Unveil First Digital Engineering Awards

Edison, NJ –(Business Wire)–L&T Technology Services Limited (BSE: 540115, NSE: LTTS), the world’s leading pure-play engineering services company, today announced the launch of the first Digital Engineering Awardin partnership with Information Services Group (ISG), the world’s leading technology research and consulting firm, and CNBC TV18, India’s business news channel.

Digital Engineering Award Recognizing outstanding leaders who challenge the status quo with innovative approaches that maximize performance and value throughout an asset’s lifecycle and lead to a more sustainable future.

Businesses and their service providers are invited to submit nominations by October 15th, and the winners will be announced at a grand ceremony in the U.S. in December. The winners of the Business Awards, selected by a global panel of industry experts, will be divided into nine categories – five Team awards and four individual awards:

Engineering Change Team Award

Cardiac Engineering Individual Award

  • Digital Transformation of the Year

  • Outstanding Digital Engineer

  • Supreme Sustainability Initiative

  • Digital Engineer of the Year

  • Digital Engineering Project of the Year

  • Female Engineer of the Year

  • Engineering Product of the Year

Amit Chadha, Chief Executive Officer and Managing Director of L&T Technology Services Limited, said: “The need for time is primarily a need for continuous evolution driven by disruptive innovation. Given the rapid transformation and disruption across industries, digital engineering is more prominent than ever. Through the groundbreaking Digital Engineering Awards, our endeavour is to provide a platform , bringing together global leaders to lead new industry benchmarks and innovations.”

ISG Chairman and CEO Michael P. Connors said, “Digital engineering is now a top priority for companies looking to compete in an increasingly digital, intelligent and networked global marketplace. Through a connected ecosystem of platforms, devices and data, this discipline enables companies to create new business model, delivering a superior customer experience, and achieving operational efficiencies at unprecedented scale. We are delighted to partner with LTTS and CNBC to recognize outstanding achievement in this field.”

Shivakumar S, COO of Network 18’s branded content business, said, “The ER&D industry is a true sunrise industry responsible for digital transformation on a global scale. Digital engineering is shortening product life cycles, smarter products and solutions, paperless factories, and many other notable innovations. The Digital Engineering Award will Play an important role in celebrating and presenting such new age technology success stories. Given the strength of our brands, CNBC-TV18 and Moneycontrol, we believe we are the ideal media partner for this award, two brands that are already well established for business in India , technology and retail audiences have provided information for over 20 years.”

About the Digital Engineering Awards

The Digital Engineering Awards bring together industry leaders to recognize outstanding achievements in research and development and help global organizations shape their transformative ideas. The awards are co-sponsored by L&T Technology Services and ISG, with CNBC TV18 as media partner. For more information about the awards, please visit this website or contact us at info@digitalengineeringawards.com.

About L&T Technical Services Ltd.

L&T Technology Services Limited is a listed subsidiary of Larsen & Toubro Limited, specializing in engineering and research and development (ER&D) services. We provide consulting, design, development and testing services throughout the product and process development lifecycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies in industrial products, medical devices, transportation, telecommunications and high technology, and process industries. Headquartered in India, as of June 30, 2022, we had over 21,400 employees spread across 19 global design centers, 28 global sales offices and 89 innovation labs. For more information, visit https://www.ltts.com/

About ISG

ISG (Information Services Group) (NASDAQ: III) is a leading global technology research and consulting firm. ISG is a trusted business partner to more than 800 clients, including more than 75 of the Fortune 100, helping businesses, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The company specializes in digital transformation services, including automation, cloud and data analytics; procurement consulting; managed governance and risk services; network operator services; strategy and operational design; management replacement; market intelligence and technology research and analysis. Founded in 2006 and headquartered in Stamford, Connecticut, with more than 1,300 digitally-enabled professionals in more than 20 countries, ISG is a team known for its innovative thinking, market presence, deep industry and technology expertise And a global team known for its world-class research and analysis capabilities based on the industry’s most comprehensive market data. For more information, visit www.isg-one.com.

About Network 18

Network18 Media & Investments Limited (Network18 Group) is one of India’s most diversified media and entertainment (M&E) groups, operating in television, digital content, film entertainment, e-commerce, print and related businesses. TV18 Broadcast Limited, a subsidiary of Network18, manages its main broadcasting business. It operates India’s largest news network covering business news, general news and regional news. Our big brands like CNBC-TV18, News18 India and CNN News18 are part of this news bouquet. For Indian diaspora and global audiences, News18 International provides authoritative Indian news. For more information, please visit: https://www.nw18.com/corporate.

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