L&T Technology Services (NSE: LTTS), a leading global pure-play engineering services company, has been recognised as a ‘leader’ and ranked among the top engineering service providers for medical devices by Everest Group, a consulting and research firm.
Everest Group’s Peak Matrix™ Medical Device Engineering Services Assessment 2019 positioned the top 12 service providers into leaders, major contenders and aspirants based on various parameters such as market adoption, portfolio mix, value delivered, delivery footprint, innovation & investments. According to Everest Group, differentiators such as strong medical device domain expertise, balanced capabilities across value chain elements, service functions and device categories, and client recognition for flexible & consistent output quality propelled LTTS to be positioned as the leader in the study.
Samir Bagga, Chief Marketing Officer at L&T Technology Services said, “Medical device is a crucial domain where technological advancements help facilitate quality patient care. Our customers require best-in-class services to ensure high precision and reliability as well as conform to established international norms and standards. We are committed to helping our customers with their requirements of product modernization and innovation through our superior services. Everest Group’s recognition underscores our commitment to be the preferred partners for our customers in their shift from product-centric to patient-centric solutions.”