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  1. LTIMindtree and Vodafone Enter Partnership to Deliver Smart IoT Solutions

LTIMindtree and Vodafone Enter Partnership to Deliver Smart IoT Solutions

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2 min read • Updated: April 18, 2024, 7:05 PM

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Summary

LTIMindtree’s stock price closed at ₹4710.50, while Vodafone’s was valued at ₹13.25.

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LTIMindtree and Vodafone Enter Partnership to Deliver Smart IoT Solutions

Global technology consultancy company LTIMindtree has announced a collaboration with communications company Vodafone to offer connected and smart IoT (Internet of Things) solutions. The solutions are powered by LITMindtree Insight NXT platform (iNXT) and Vodafone’s IoT Managed Connectivity and will enable Industry X.0 and digital transformations across multiple vertical sectors.

In a statement issued on April 18, LTIMindtree said the company in tandem with Vodafone will deliver advanced capabilities in AI, machine learning, predictive maintenance, digital twin, supply chain visibility, sustainability, and more.

“Our partnership with LTIMindtree means Vodafone can support the real-time delivery of IoT managed services to their clients and empower them in driving cost efficiencies and greater productivity. As a global IoT provider we look forward to collaborating with LTIMindtree to mutually grow our market share in the Industrial 4.0 and Digital Transformation domain,” said Gemma Barsby, Vodafone’s UK Head of IoT in a statement.

This collaboration enables LTIMindtree to develop highly scalable, end-to-end solutions that utilise the power of iOT, metaverse, artificial intelligence, and machine learning. These solutions intend to create secure, connected ecosystems, and outcomes through Vodafone’s “Managed IoT Connectivity” Network.

Manish Mishra, Chief Business Officer, iNXT, LTMindtree said, “In today’s highly distributed yet interdependent economy, continuous innovation and access to connected ecosystems to deliver immersive experiences, is vital for growth and differentiation.” He added that this partnership will enhance their “proposition on Industry X.0 and Industrial Digital transformation.”

As of 3.30 pm today, LTIMindtree’s stock price closed at ₹4710.50, while Vodafone’s was valued at ₹13.25.