With the international engineering and R&D company L&T Technology Services Limited, Thales announced a new deal. Through this cooperation, LTTS’s clientele, particularly those in the high-tech, sustainability, and mobility sectors, will have access to Thales’s software monetization platform, Thales Sentinel.
The cutting-edge AI solutions provided by LTTS for smart networks and next-generation mobility are essential for creating reliable digital infrastructures that improve sustainability, efficiency, and safety.
LTTS will now be able to help its clients monetize its software solutions by utilizing recurring revenue business models, such as agile subscriptions and adaptable usage-based pricing models, with Thales Sentinel software licensing and entitlement platform.
As per the terms of the new agreement, LTTS will resell the Thales Sentinel platform to its global client base and group affiliates in a variety of industries, such as financial services, telecom, medical, high-tech, and transportation.
Damien Bullot, Vice President, Software Monetization Solutions at Thales said: “This partnership builds on Thales’s long standing relationship with LTTS, helping their customers unlock the true value and potential of their software products through flexible pricing and subscription models, better compliance, and automated delivery and activation. We look forward to our continued collaboration to ensure their industry-leading AI offers are properly protected and monetized for maximum ROI.”
Alind Saxena, Executive Director & President, Mobility & Tech at L&T Technology Services said: “Our partnership with Thales underscores our commitment to drive innovation and superior solutions across mobility, sustainability, and hi-tech, leveraging their Sentinel platform. Our proficiency in creating cutting-edge digital solutions and our deep understanding of AI will form the backbone of a robust digital infrastructure. We anticipate contributing to a cohesive digital thread throughout the value chain, accelerating market entry, reducing cycle time along with product development costs, and aiding our customers in their journey towards sustainability through improved software monetization potential.”
With more than 20 years of expertise implementing smart digital solutions, L&T Technology Services is a leader in enterprise operations optimization and the development of cutting-edge AI, mobility, sustainability, and high-tech platforms, affirmed its official release.
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