LTIMindtree has teamed up with Vodafone to bring cutting-edge Internet of Things (IoT) solutions to the table. The partnership is learned to be revolutionizing how industries work and also transform them digitally.
LTIMindtree is a popular technology consultancy firm and Vodafone is a leading communications company.
The Insight NXT platform (iNXT) and IoT Managed Connectivity of LTIMindtree and Vodafone respectively are the dynamic duo behind the innovative solutions. They are set to shake things up in Industry X.0. This means industries will become smarter and more efficient by using their technology.
LTIMindtree stated that the two companies will bring in some heavy artillery such as AI, machine learning, predictive maintenance, digital twin, supply chain visibility and sustainability.
Vodafone’s UK Head of IoT, Gemma Barsby, said that the partnership is a game-changer and allows Vodafone to provide real-time IoT managed services to clients. This will help businesses to save money.
The collaboration is learned to help LTIMindtree and Vodafone to get a bigger slice of the pie in the Industrial 4.0 and Digital Transformation game.
LTIMindtree is using IoT, metaverse (which is like a virtual reality world), artificial intelligence and machine learning to create seamless as well as secure ecosystems. Vodafone’s Managed IoT Connectivity Network ensures everything runs smoothly.
Manish Mishra, Chief Business Officer of iNXT at LTIMindtree, stated that innovation is the name of the game in today’s digital world and this is the reason they have partnered with Vodafone. He believes that it is the key to staying ahead in Industry X.0 and Industrial Digital transformation.
With the partnership announcement, the stock of LTIMindtree closed at ₹4710.50 on April 18. Similarly, the stock of Vodafone was valued at ₹13.25.