L&T Technology Services expands collaboration with Microsoft

L&T Technology Services expands collaboration with Microsoft

Rishikesh Gaikwad
/ Categories: Trending

On Tuesday, L&T Technology Services Limited announced that it has expanded its collaboration with Microsoft Corporation and launched the latest & enhanced version of the state-of-the-art i-BEMS™ solution on Microsoft Azure in order to transform buildings into future-ready smart campuses.

With the growing digital transformation, there has been a clear impetus on the need for the organisations to revamp their office premises and make it eco-friendly, taking into consideration the sustainability aspects, including greenhouse gas and carbon emissions. Another important aspect for the office and facility administrators today is to find a balance in their buildings, which ensures the health, safety, and well-being of their workforce.

LTTS’ Intelligent Building Experience Management System (i-BEMS™) is a system-of-systems solution that focusses on creating digital experiences and intelligent space management. The cloud-based solution helps monitor and manage building operations and optimise business metrics leveraging advanced IoT-based edge analytics and machine learning algorithms.

i-BEMS™ uses advanced energy analytics and fault diagnostics for energy savings and net-zero energy compliance. It has enterprise-grade security features and can create a digital twin to test changes in a virtual build of the building.

The stock closed at 1518.50, down by 1.01 per cent or Rs 15.55 per share. The intraday high is Rs 1568.35 and the intraday low is Rs 1511.10.

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