LTI to Offer Blockchain Solution Powered by Microsoft Azure
12 December 2017 - 9:45PM
Business Wire
Blockchain-based trade finance solution now
available on Microsoft Azure marketplace
Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a
global technology consulting and digital solutions company,
announced today the availability of its blockchain-based trade
finance solution on Microsoft Azure marketplace.
The solution tracks the flow of goods in a value chain,
improving transparency across multiple entities involved. It
enables accelerated adoption of distributed ledger technologies by
bringing together LTI’s deep industry knowledge and blockchain
capabilities together with Microsoft’s expertise in cloud-based
solutions.
Aftab Ullah, Chief Operating Officer, LTI said, "Our
vision is to deliver exponential operational efficiencies to the
world’s leading companies through digital innovation. LTI’s
Blockchain services include end-to-end consulting and
implementation and are designed to help transform our clients’
business operations. The collaboration with Microsoft will
accelerate our ability to deliver these services on Cloud.”
Ausaf Ahmad, global blockchain solutions lead, One
Commercial Partner, Microsoft, comments, “Blockchain has the
potential to significantly transform business by providing
organizations a way to speed transactions, digitally track assets
and streamline complex business processes. By using Microsoft Azure
Blockchain technology, LTI and its clients can focus on
accelerating real-world blockchain-based application
deployment.”
Saurabh Gupta, Chief Strategy Officer, HfS Research,
said, “HfS Research assessed 20+ blockchain solution and service
providers and LTI emerges as a High Performer in Enterprise
Blockchain Services. LTI stands out because of its integrated
approach to emerging technologies, such as IoT and AI, under
Mosaic, the ready-to-deploy blockchain solution accelerators.”
LTI’s Blockchain practice works with global clients across
industries to build solutions in areas of trade finance, payments,
KYC, insurance & supply chain among others. HfS Research has
ranked LTI as High Performer in the HfS Blueprint 2017 Enterprise
Blockchain Services Report.
About LTI:
LTI (NSE: LTI, BSE: 540005) is a global technology consulting
and digital solutions company helping more than 250 clients succeed
in a converging world. With operations in 27 countries, we go the
extra mile for our clients and accelerate their digital
transformation with LTI’s Mosaic
platform enabling their mobile, social, analytics,
IoT and cloud journeys. Founded 20 years ago as a subsidiary of
the Larsen & Toubro group, our unique heritage gives
us unrivaled real-world expertise to solve the most
complex challenges of enterprises across all industries. Each
day, our team of more than 20,000 LTItes enable our clients to
improve the effectiveness of their business and
technology operations, and deliver value to their customers,
employees and shareholders. Find more
at www.Lntinfotech.com or follow us at @LTI_Global.
More Information:
- Trade finance solution on Azure
Marketplace
- LTI Blockchain offerings
Connect with LTI:
- Read our News and Blogs
- Follow us on Twitter
- Like us on Facebook
- Watch our videos on YouTube
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version on businesswire.com: http://www.businesswire.com/news/home/20171212005583/en/
Media Contacts:Neelian HomemPR & Media Relations -
India+91-900-434-5540neelian.homem@lntinfotech.comorKarin BakisPR
& Media Relations -
USA+1-978-998-1578karin.bakis@lntinfotech.comorKatrina DixonPR
& Media Relations -
Europe+44-771-475-3308Katrina.dixon@lntinfotech.com
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