L&T Technology Services, a wholly owned subsidiary of Larsen and Toubro, announced today that it is entering into a strategic collaboration with Cisco to explore potential IoE (Internet of Everything) opportunities for transportation and other industry verticals and joint go-to-market opportunities globally.
Cisco and L&T Technology Services will make joint contributions to a ‘global solution centre’ to showcase innovative and breakthrough connectivity and convergence based solutions.
The solution centre, which will be housed within the L&T Technology Services facility in Bangalore will focus on both technical and business considerations of connected transportation as well as ways to make rails and mass transit more productive, intelligent and safe.
The solution centre will offer a range of products and services addressing both on-board and trackside deployments in a variety of applications.
The collaboration will focus on bringing together the best-in-class, complementary capabilities of Cisco’s end-to-end IoT (Internet of Things) architecture and robust vertical solutions with L&T Technology Services’ deep understanding of the needs of the industrial sector along with global technology services capabilities. India and the Middle East are seeing a robust opportunity in the infrastructure sector.
The current market scenario in India is optimistic; with the Indian government relaxing metro eligibility requirements, new metro projects are expected to be launched every year. Several new freight corridors as well as high-speed lines are also planned. The market opportunity in India for signaling and telecom is expected to be about $1.8 billion over the next 3 years.
The collaboration between Cisco and L&T Technology Services will include networked mobility and innovations for connected stations and connected railway infrastructure; smart video surveillance systems with edge analytics for securing stations and rail cars; and complete railway infrastructure with converged communication systems for emergency response.