LTI recognized as an Innovator in Avasant’s Applied Intelligence and Advanced Analytics Services RadarView™ Report
Among endless service provider options, novel and disruptive mechanics in innovation brings recognition as an Innovator for Applied Intelligence and Advanced Analytics Services 2019.
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“IP-driven and flexible pricing approach. Co-creation with clients. Significant AI investments planned.”
AVASANT ANALYST INSIGHTS
Practice Maturity
- LTI is one of the early adopters in the AI & Analytics space, offering its services through a dedicated Cognitive & Analytics (C&A) practice that features cross-industry solutions.
- The company has taken an IP-driven approach and has made strategic investments in developing reusable assets. Its MOSAIC framework, which includes MOSAIC Decisions, MOSAIC.ai, and MOSAIC automation, has been widely accepted across its client base.
- Developed a sizeable practice (~3,500) with technical expertise in data science, NLP, deep learning, R, Python, etc., and works with engineering teams to create best-of-breed solutions.
- It has adopted a flexible pricing approach for the MOSAIC-led platform engagements, combining time & material (T&M), managed services/fixed pricing, and platform-based commercial models.
Partnership Ecosystem
- LTI has developed a robust partnership network with platform and tool providers such as IBM (technology partner) and Microsoft (gold partner) as well as universities/academia MIT (research and development).
- It is co-creating smart solutions with customers, including cognitive claims with a large insurance company and asset optimization with a large construction company.
Investments and Innovation
- LTI has been leveraging inorganic growth measures to accelerate and enhance capabilities. In 2016, it acquired AugmentIQ, a big data and analytics start-up with its own big data platform.
- It established a Mosaic Experience Center in Mumbai, India to provide innovative user experience and plans to set up such centers at several locations in the US. Additionally, LTI will be setting up a Mosaic Academy to cross-train its employees in emerging technologies.
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