L&T Technology Services (LTTS), a global leader in engineering and technology services, has announced the launch of PLxAI, a proprietary generative AI framework designed to revolutionize product development cycles across mobility, sustainability, and technology sectors.

Accelerating Innovation Across the Product Lifecycle

PLxAI, developed by LTTS's experienced Product Development Life Cycle (PDLC) subject matter experts, combines generative AI with conventional AI technologies to provide comprehensive solutions across all stages of product development. From concept design to aftermarket services support, the framework aims to enhance and optimize product engineering processes.

Key Features and Capabilities

The PLxAI framework boasts several advanced features:

• Knowledge Capture: Leverages existing organizational and tribal knowledge to deliver context-aware insights.
• Smart Prompting: Enhances product engineering from concept and design to validation and aftermarket support.
• Contextual Intelligence: Improves decision-making throughout the product development process.

Widespread Implementation

LTTS has already made significant strides in implementing PLxAI:

• 36 use cases deployed across various lifecycle stages
• 35 additional use cases in the design phase

These use cases span multiple areas, including:

• Concept Design: Innovation assistant for competitive benchmarking and technology scouting
• Component Design: Design assistant for generating specifications, diagrams, and calculations
• Validation Planning: Automated creation of Design Validation Plans and DFMEA templates
• Failure Mode Analysis: Customizable FMEA generation using organizational templates
• Digital Twin Integration: Supports physical and virtual testing workflows
• Agentic Workflows: Proactive agents that automate multi-step engineering tasks

Industry Impact and Client Response

Alind Saxena, President & Executive Director - Mobility & Tech at LTTS, commented on the launch: "The development of PLxAI by our in-house AI experts is a testimony to LTTS' engineering and technology capabilities. It reaffirms our deep commitment toward driving global client success across Mobility, Sustainability and Tech leveraging the power of AI and Gen-AI based offerings. The enthusiasm from our global clients has been remarkable, with deployments already underway across multiple domains."

About L&T Technology Services

LTTS, a listed subsidiary of Larsen & Toubro (L&T), is at the forefront of engineering and technology services. The company's customer base includes:

• 69 Fortune 500 companies
• 57 top ER&D companies across various industries

LTTS boasts:

Market Response

The announcement has been well-received by the market. LTTS shares were trading at ₹4,270.30 on the National Stock Exchange (NSE), up ₹36.70 or 0.87%, reflecting investor confidence in the company's innovative approach to product development.

With PLxAI, LTTS aims to accelerate innovation rates and optimize costs across product development, potentially transforming how businesses approach product creation and unlocking new avenues for growth and efficiency in the engineering and technology services sector.

L&T Technology Services Limited (LTTS), a global leader in engineering and technology services, has announced a significant milestone in its Tech segment. The company has secured a multi-year software engineering contract worth approximately $60 million from a major US wireless telecommunications provider, building on a decade-long partnership between the two entities.

Contract Details

The agreement outlines several key areas of collaboration:

• Network software development
• Application engineering solutions
• R&D lab integration
• New product development
• Functionality testing for network software automation platforms

To support this engagement, LTTS will establish a dedicated delivery center in the United States, enhancing project delivery capabilities and ensuring closer collaboration with the client.

Expanding Services and Innovation

LTTS plans to leverage its expertise in Smart World Connectivity and next-generation networks to drive cutting-edge innovations for the client. The company is also looking to expand its service offerings by integrating AI-powered test automation platforms, which aim to streamline new product development and enhance operational efficiency.

Strategic Importance

This contract underscores the strength of the long-standing partnership between LTTS and the US telecom provider. The company's proactive investments in advanced labs, custom solutions, and nearshore centers played a crucial role in securing this engagement, reflecting LTTS's commitment to delivering value-driven engineering expertise.

Management Commentary

Amit Chadha, CEO and Managing Director of L&T Technology Services, commented on the development:

"This new agreement in our Tech segment with such a prestigious Telecommunications leader reinforces our longstanding relationship and shared vision in next-generation communications, network automation, and AI. By leveraging our Smart World connectivity solutions along with our extensive expertise in enterprise 5G rollouts and telecom innovations, we are proud to contribute toward achieving the client's strategic goals."

Company Overview

L&T Technology Services (LTTS) is a listed subsidiary of Larsen & Toubro (L&T) and operates across various segments including Mobility, Sustainability, and Tech. The company boasts:

LTTS serves a diverse customer base, including 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries.

This strategic engagement not only strengthens LTTS's position in the telecommunications sector but also demonstrates the company's capabilities in delivering advanced engineering solutions for next-generation communication technologies.