Enterprise IT vendor Cisco and L&T Technology Services today announced the launch of their Global Internet of Things (IoT) Solutions Center in the L&T Technology Services campus at Manyata Tech Park, Bangalore.
The IoT facility will demonstrate IoT solutions for different industry verticals and give customers an opportunity to see the value addition that IoT offers. The facility employs Cisco’s IoT infrastructure products like Enterprise and Industrial routers, switches and UCS servers and L&T Technology Services’ technology capabilities.
Image caption: Dinesh Malkani, president, Cisco India and SAARC and Amit Phadnis, president Engineering and India Site, Cisco along with SN Subrahmanyan, deputy MD, L&T group of companies and Keshab Panda, chief executive, L&T Technology Services at the inauguration.
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L&T Chairman (aged 73) Mr Naik-s brainchild, LnT Infotech is stunted juvenile. Founded as LnT-IT in late 80s, renamed to LnT Infotech in 1997 claiming to touch $1 billion in revenues since 2010 – still not there. Cognizant founded in 1997 is more than $10 billion in revenues. Sans DNA destruction of work culture and mockery of corporate governance at LnT, LnT Infotech could be what TCS is for TATAgroup companies, a great saviour for old-economy TATA companies. LnT Infotech a proven laggard, in news for failed attempt to bid for Satyam, Patni, Polaris, Hexaware, rumoured sell off to Fujitsu. Perennial entry/exit of lateral CXOs, listing gimmicks – it’s in shambles. Year 1999, Mr Naik appointed CEO of LnT group, Infosys headcount in March 2000 nearly 5k, now nearly 1.7 lakhs and LnT Infotech is nearly 20k. What policy paralysis, RBI rates etc Mr Naik wants to blame for this most dismal performance in IT space? LnT has failed to cut even 1% of IT business pie of $116 billion in India. LnT Infotech in IT space for more than quarter of a century (25 years) and not even $1 billion in revenues, headcount less than 20k! Please GOOGLE – white collar criminal equivalent of rape and murder- “Class Action Suit Seeks $100 Million for Pregnancy Discrimination, Other Violations”. All and sundry above 60 at L&T Leave Now!!