LTM Limited has been recognized with the Digital Masters Award 2026 in the Innovator category by Avasant. The award highlights the company’s focus on AI-powered offerings and transformative business outcomes.

LTM, a Larsen & Toubro Group company, received the honor during the Partner Connect 2026 ceremony in Los Angeles on September 17, 2026. The recognition underscores its position as a business creativity partner to large enterprises.

Selection Criteria and Peer Comparison

LTM was one of 18 service providers shortlisted from a field of over 76 global technology service providers assessed by Avasant. This selection rate indicates a competitive screening process where fewer than 24% of evaluated firms achieved finalist status.

Venu Lambu, CEO and Managing Director of LTM, stated that the award reflects the firm’s commitment to helping clients leverage AI for acceleration and measurable value. He emphasized the importance of staying ahead in a rapidly evolving digital landscape.

Leadership Commentary

Kevin S. Parikh, Global CEO and Chairman of Avasant, congratulated the recipients, noting their vision and execution in navigating a dynamic business landscape. He highlighted the role of emerging technologies in distinguishing these providers as trusted partners.

Swapnil Bhatnagar, Avasant Partner and Research Leader, added that the winners are well-positioned to help enterprises unlock new sources of value in an AI-first world.

What the Numbers Show

The selection ratio of 18 winners from over 76 candidates suggests a rigorous evaluation framework by Avasant. While the source does not disclose specific financial metrics tied to this award, the narrow shortlist implies that LTM’s AI-centric strategy and domain expertise were key differentiators against a broad field of global competitors.

LTM has partnered with IBM and Red Hat to enhance Lightwell, an AI-powered platform designed to address open-source software vulnerabilities and strengthen software supply chains. The collaboration was announced on September 9, 2026.

Partnership overview

The collaboration brings together LTM, IBM, and Red Hat with the shared objective of improving how organisations detect and remediate vulnerabilities in open-source software. Lightwell, the platform at the centre of this partnership, is positioned to turn vulnerability detection into actionable fixes, addressing a critical gap in software supply chain security.

Building on its status as an IBM Platinum Partner, LTM will help enterprises transform AI-driven vulnerability discovery into measurable remediation outcomes. The company plans to offer a comprehensive portfolio of services spanning remediation strategy, dependency analysis, risk-based prioritization, remediation program management, DevSecOps integration, testing and validation, and large-scale deployment support.

Strategic context

Open-source software vulnerabilities represent a persistent challenge for enterprises, as weaknesses in widely used libraries and components can propagate across multiple systems. The partnership between LTM, IBM, and Red Hat seeks to move beyond detection alone, focusing on delivering effective remediation through AI-powered capabilities embedded within Lightwell.

Chandan Pani, Chief Information Security Officer at LTM, stated that enterprises need a faster and more scalable approach to remediation as AI accelerates software development. He noted that Lightwell represents a significant advancement in securing the open-source software supply chain by bringing AI-driven remediation and trusted software maintenance into the enterprise.

Sandip Patel, Managing Director of IBM India and South Asia, emphasized that addressing software supply chain challenges requires collective defense. He highlighted that bringing LTM's engineering and transformation expertise to Lightwell can help enterprises mitigate risk and build more resilient software supply chains.

Ryan King, Vice President of AI and Infrastructure Partners at Red Hat, noted that AI-driven discovery has increased the demand for speed and patch delivery beyond the means of any single vendor. He stated that partners like LTM bring specialized skills to accelerate the delivery of remediations into customer environments quickly.

Key highlights

• Lightwell is enhanced with AI capabilities to address open-source software vulnerabilities
• The partnership targets the gap between vulnerability detection and effective remediation
• IBM and Red Hat bring enterprise technology expertise to the collaboration
• LTM plans to offer services including DevSecOps integration and large-scale deployment support
• The initiative aims to improve the overall integrity of software supply chains