L&T Technology Services | June 27, 2022
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, today announced that it has been positioned as a ‘Leader’ in all 5 quadrants for the North America market in the 2022 ISG Provider Lens™ Digital Engineering Services report.
ISG recognized LTTS’ leadership competencies across Design and Development (Products Services, Experience), Connected and Intelligent Operations - Discrete Industries, Connected and Intelligent Operations - Process Industries. LTTS has also been rated as a ‘Leader’ in Integrated Customer/User Engagement & Experience and Platforms & Application Services in North America.
LTTS has been recognized for its emerging engineering frameworks, connected operations in discrete industries and transformation journeys across multiple verticals. LTTS’ range of Machine Learning (ML), IoT and digital service offerings is further augmented by an engineering design talent pool with capabilities in digital technologies to deliver world-class products and services, ISG noted.
“Over the years, LTTS has become the preferred ER&D Services partner for major global organizations, supporting such enterprises with best-in-class digital engineering services. LTTS brings with it a perfect alignment of digital competencies, deep engineering expertise, end-to-end view of digital value chains and products and services across all phases of the utility curves and lifecycles. LTTS’ proficiency in engineering services is not only confined to the technical aspects but is also amply demonstrated in its culture of innovation, patent portfolio and expertise in hardware architecture.”
-Mr. Jan Erik Aase, Partner & Global Head – ISG Provider Lens, ISG Research.
“LTTS has successfully helped clients transform the value proposition of their product and services by architecting and executing future-ready digital product and platform roadmaps through user-centered services. We have been investing in digital and leading-edge technologies and providing a wide range of services from chip to cloud as more of our customers are embarking on the journey to digital transformation, both in products as well as the shop floor. This strategy has helped us become the partner of choice to over 300 global customers. This recognition by ISG is an endorsement of our business value and impact.”
-Mr. Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services.
About L&T Technology Services Ltd-
L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,800 employees spread across 17 global design centres, 28 global sales offices and 89 innovation labs as of March 31, 2022.
Gridscape | June 27, 2022
The City of San Diego via Gridscape Solutions awarded Industria Power a construction contract for eight microgrids, saving an estimated $6 million over 25 years in avoided energy costs. Construction is moving out of engineering into mobilization and is set to conclude in December 2022.
Industria Power is the general contractor for this multifaceted microgrid project. As the project developer, Gridscape Solutions was awarded a California Energy Commission (CEC) Advanced Emergency Microgrid grant. Gridscape then brought in their long-time partner, Industria Power to complete the construction of the project. Shell New Energies US will be the asset owner and operator for 25 years.
"Industria Power and Gridscape Solutions continue to work together to develop and construct more than 18 Complex Solar Microgrids at multiple locations throughout California."
-Ralph Ciarlanti III CEO & President of Industria Power.
The City of San Diego prioritized eight building sites, including three recreation centers, two fire stations, and three police stations. The facility microgrids include 930 kW of solar photovoltaic systems, 2175 MWh of battery storage, and multiple electric vehicle (EV) charging stations.
The microgrids help the City to meet the goal of reducing electricity use by 25 percent of 2010 levels. This aligns with the City's 2015 Climate Action Plan to create a more sustainable San Diego by eliminating half of all greenhouse gas emissions (GHGs) in the city by 2035.
The eight microgrids bring resiliency to the city, enabling dynamic shifting of the facility's energy load by optimizing electricity consumption and demand in response to grid signals and energy pricing. Additionally, the standalone power grids allow the facility to island or isolate from the grid and continue to operate during grid outages, relying on power stored onsite.
About Industria Power-
With more than a decade of providing sustainable renewable energy solutions in California, Industria Power is a full-service commercial developer and general contractor in the C&I space. The company offers project development, design, engineering, procurement, and construction of renewable energy solutions including battery-based energy storage systems and microgrids. Successful projects in hospitality, municipalities, commercial and industrial, tribal lands, non-profits, and agriculture are represented in the company portfolio. Industria Power offers all types of financing. For more information, visit www.industriapower.com.
Gridscape is a smart energy solutions company specializing in developing and deploying standards-compliant future-proof products and solutions for renewable energy microgrids and fleet EV charging systems. Gridscape's AI-based, software-driven, and 'Product Centric' approach to microgrids integrated with fleet EV charging solutions allows for lower cost of installation, drastically reduces energy costs, and provides seamless resilience against power outages. The company expects to deploy and operate over 35 microgrids in California over the next 12 months.
FARO | June 24, 2022
FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today formally recognized the #Enterprise agreement by GOLDBECK to deploy FARO's HoloBuilder Construction Progress Management solution enterprise-wide as indicative of the healthy market adoption of HoloBuilder following the company's acquisition by FARO in June of 2021, which enabled the industry's first end-to-end #DigitalReality solution. Utilizing 360° photo capture technology, HoloBuilder enables a quick, easy, and efficient way to manage project progress and capture large amounts of visual information that becomes instantly accessible from anywhere. Integrations with best-in-class 360° cameras and third-party software tools make the #ConstructionTechnology easy to adopt and implement across global construction teams.
GOLDBECK made the decision to roll out HoloBuilder organization-wide (i.e., Enterprise agreement) after utilizing the platform on major construction projects. With HoloBuilder, GOLDBECK's more than 10,000 employees benefit from digital solutions not only in the office but on the jobsite. Site managers use the platform to track and document construction work with precision, linking 360° photos of the site to the digital building plans, sorting them by location and time, and storing them securely in the cloud.
"We are thrilled that GOLDBECK made our enterprise solution available to their entire organization, As we celebrate the anniversary of joining forces with FARO, we've made remarkable progress toward empowering construction professionals with the solutions they need to increase project efficiency. GOLDBECK is a textbook example of a global firm realizing the full potential and competitive advantage of using both high-accuracy 3D laser scanning through FARO as well as real-time 2D 360° photo capture and remote collaboration with HoloBuilder."
-said Brian Kelly, Vice President of HoloBuilder at FARO
"Digitalization utilizing HoloBuilder makes it much easier to document and manage construction progress whereby our site managers and everyone involved in planning can collect, evaluate, and work with the data better."
-Sina Schliestedt, Teamlead BIM at GOLDBECK.
In the year since the FARO acquisition, HoloBuilder has continued to enhance its offerings, releasing significant new features including Premium Analytics, HoloBuilder API, and SnapShots. The extensive functionality of Premium Analytics empowers technology and operations leadership to benchmark projects, users, and usage on an enterprise level. The flexible API allows users to remove data silos by connecting HoloBuilder to internal tools to unleash the full potential of virtual jobsites. Shareable SnapShots allow users to select and share specific photos of a project with select stakeholders. The combination of these powerful new tools continues to drive strong industry demand for HoloBuilder.
FARO serves the AEC (Architecture, Engineering & Construction), O&M (Operations & Maintenance), 3D Metrology, and Public Safety Analytics markets. For over 40 years, FARO has been a pioneer in #RealityCapture, bridging the digital and physical worlds through data-driven reliable accuracy, precision, and immediacy, providing industry-leading technology solutions that enable customers to measure their world and use that data to make smarter decisions faster.