DBT Bureau
Bengaluru, 18 November 2024
L&T Technology Services (LTTS) has announced a strategic collaboration with the Colorado Smart Cities Alliance (CSCA). This partnership aims to drive innovation and technology integration in smart city development projects across the state of Colorado in the US, the company said in a release.
The company, however, didn’t disclose the financial details of the deal.
LTTS has extensive experience of working in smart city projects in the USA, India and the Middle East. The company’s IoT offerings enhance city operations, providing security solutions, citywide surveillance, and border security systems.
“Our partnership with LTTS is a testament to our shared vision of creating smarter, more sustainable cities. By harnessing LTTS’ engineering strengths, we are poised to accelerate the deployment of smart city technologies that improve infrastructure, mobility, and energy efficiency, benefiting communities throughout Colorado,” said Tyler Svitak, Executive Director, Colorado Smart Cities Alliance.
“The collaboration with Colorado Smart Cities Alliance marks a significant advancement in our commitment to driving technological innovations that improve urban living,” said Abhishek Sinha, Executive Director & President – Medical, Smart World & Functions, L&T Technology Services.
The strategic alliance will focus on several key areas, including smart transportation, intelligent infrastructure, energy management, and data-driven city services.
Share price of LTTS closed 1.3% down at Rs 5,103 in NSE on Monday.
