LTTS and Aspen Technology collaborate to drive Digital Transformation journey for Enterprises


LTTS has now revealed a partnership with Aspen Technology for its digital transformation journey.

Aspen Technology is a software service company that enables the process industries to design, manage, operate and optimize their business processes.

Executive Opinion

Antonio Pietri, President & CEO, Aspen Technology said, "The process manufacturing industry is undergoing a significant change as more companies take advantage of advanced technologies like AI, machine learning and the cloud to better operate their critical assets. Our partnership with LTTS is about giving our joint customers the capabilities they need to optimize their operations and improve their engineering capabilities, so we feel that this partnership will help process manufacturing companies accelerate their digital transformation journeys and adapt to changing conditions when needed."

Amit Chadha, Deputy CEO & Member of the Board, L&T Technology Services said, "As the world’s leading engineering R&D services provider, LTTS brings to the table conceptual engineering design, enhanced security features and digital tools that can facilitate remote and agile operations on the shopfloor. LTTS’s partnership with AspenTech will provide holistic, end-to-end solutions in delivering asset performance and enhancing operational efficiency. LTTS is excited to combine its engineering domain expertise across critical industries with AspenTech’s purpose-built software platforms to deliver higher returns over the entire asset lifecycle".

LTTS and Aspen Technology collaboration

LTTS will allow organizations to host AspenTech’s aspenONE suite of digital transformation solutions on its managed cloud platform to optimize the performance of their assets and scale its operations.

The offering is driven by the LTTS cloud engineering services, which offer design, support, delivery, storage, and virtual network infrastructure in the cloud.

As a managed hosting service partner for the aspenONE suite, LTTS will accelerate the customer's Industry 4.0 adoption and help them align with the changing market conditions. This would be particularly useful for the capital-intensive organizations, which could even leverage the speed and expand the cloud technologies to improve their margins and operational efficiency, notes the announcement.

This collaboration will also reduce the total cost of ownership and improve the customer business agility, especially at the time of volatile market conditions.
PC: Pablo, Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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