LTI recognized as a Disruptor in Avasant’s Intelligent Automation Services RadarView™ Report 2019 – 2020

Among endless service provider options, novel and disruptive mechanics in innovation brings recognition as a Disruptor for Intelligent Automation Services 2019-2020.

IA Disruptor badge 1 238x300 - Intelligent Automation Services RadarView™ 2019-2020 - LTI
Intelligent Automation Services RV Graphic - Intelligent Automation Services RadarView™ 2019-2020 - LTI

Building capabilities through strategic partnerships and recent acquisitions. Focus on expanding its library of utility bots to drive rapid deployment.

  • Disruptor Intelligent Automation Services RadarView™ Report 2019 - 2020

Avasant Analyst Insights

Practice Maturity

  • LTI has developed competency in information extraction, sentiment analysis, object recognition, and location and behavior analysis and continues to enhance these capabilities.
  • It has established its position in the industry by automating 30,000 subprocesses and deploying 2,000 bots. It offers a range of utility bots such as pdf page extractor, text to speech bot, delegator bot, excel and email meta bot, which are ready to plug-n-play. Some of these bots are also available on the vendor partners’ bot store including Automation Anywhere and UiPath.
  • It offers a connected RPA experience by offering process and tool assessment, CoE setup, managed RPA programs, and bot governance. It has a dedicated RPA CoE with more than 50 associates evaluating various RPA, OCR, and AI technologies.
  • Its key industry focus is on BFSI, manufacturing, utilities, travel and retail, and offers flexible commercial engagement models based on the project, outcome, and complexity.
IA Disruptor badge 1 - Intelligent Automation Services RadarView™ 2019-2020 - LTI

Investments & Innovation

  • LTI established a network of 31 innovation labs across India, US, Canada, Germany, and France to identify new technologies, automation levers, platform enhancements and conduct POCs.
  • It is collaborating with its partners on solutions and establishing joint GTM strategies. For instance, it is supporting its SI partner, Kore.AI, on platform enhancements and product beta tests.
  • It continues to enhance its automation capabilities through acquisitions. In January 2019, it acquired Ruletronics, a pure-play Pega consulting and implementation company, and in June 2019, it acquired Lymbyc, which brings ML, AI, and advanced analytics capabilities.

Industry Development

  • LTI is collaborating with the academia to augment industry development and innovation. It is training data scientists in collaboration with various institutes such as the Indian Statistical Institute (ISI) and discovering NLP algorithms in alliance with IIT Bombay to solve enterprise challenges.
  • It hosts events and discussions such as LTI Cognitive Banking and Finance Summit to provide practical guidance to enterprises on the convergence of automation and cognitive technologies in BFSI.
  • It has published extensive content on the benefits of automation and its application areas. This helps enterprises understand the applicability of automation in their business processes. Key topics include AML automation, reimagining robo-advisory services, and reinforcement learning.
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