Friday, March 06, 2020

Engineering goes digital: L&T executing projects with new-age technologies

Source: 
https://www.business-standard.com/article/technology/engineering-goes-digital-l-t-executing-projects-with-new-age-technologies-120030401807_1.html


The group has become a model for the global construction industry on how to transform itself by using cutting-edge technologies.

Four years ago, Larsen & Toubro (L&T) was looking at ways to digitally transform many of its businesses. The engineering and construction giant with a revenue of $21 billion set up a small team of just three people to drive this initiative.
Today, the team, led by its chief digital officer Anantha Sayana, has swelled to over a 100 members and is at the forefront of conceptualising and building solutions, leveraging several of L&T’s new-age technologies. These initiatives have helped the engineering major to improve the utilisation of its machines by at least 10-15 per cent.