LTI partners with Abu Dhabi company; expands in Middle East

Indian global IT solutions & services company, Larsen & Toubro Infotech Limited announced its strategic partnership with Injazat, a UAE-based market leader in digital transformation, cloud & cybersecurity.

The new service delivery model implemented in partnership with LTI will provide Injazat’s customers with a hybrid of delivery approaches including onshore, best-shore, and cloud. It will further enhance Injazat’s wider digital delivery ecosystem.

Besides, it will also add considerable depth to Injazat’s digital innovation ecosystem and customer-centric approach.  

Commenting on this partnership, Sanjay Jalona, CEO & MD of LTI said, “Our partnership with Injazat will enhance the performance and competitiveness of enterprises seeking digital and cloud-based transformation. We look forward to bringing industry and technology expertise along with global delivery capabilities to companies in the region.”             

Digital services contributed 42 per cent in Q1FY21 with a YoY growth of 18.1 per cent to LTI. This vertical, being the largest revenue contributor, along with the recent partnership with Temenos & Injazat, will only help expand its customer base.

Despite the news of this partnership, it closed at Rs 3,260, declining by 0.14 per cent from its previous close of Rs 3,264 on BSE.