LTI to Buy Powerupcloud Technologies

ltiLarsen & Toubro Infotech Ltd. (NSE: LTI) (BSE: 540005), a global technology consulting and digital solutions company, is acquiring Powerupcloud Technologies Pvt. Ltd., a cloud consulting company headquartered in Bengaluru, and serving clients across India, Singapore, UAE and USA.

Powerup brings a team of more than 180 cloud consulting, artificial intelligence and data analytics professionals to LTI, along with two AI-based platforms:
– CloudEnsure.io, an autonomous Cloud Governance Platform that continuously monitors an enterprise’s cloud services, detects security and compliance violations in real-time and recommends or executes appropriate fixes, and
– Botzer.io, an Enterprise AI Platform that allows organizations to adopt AI faster across Natural Language Processing, Image Recognition, Deep Learning use-cases and saves time spent in trial-and-error experimentation.

Founded in 2015 by Siva S, CEO, Powerup is a Premier Consulting Partner of AWS with both Data & Analytics Competency and Machine Learning Competency, with competencies across Migration, DevOps, Financial Services, Well-Architected, and Security & Compliance.
With expertise across cloud, big data, artificial intelligence, and product engineering, the firm is also a Gold Partner of Microsoft Azure and a Cloud Consulting Partner of Google Cloud Platform.
Powerup has executed over 150 projects in cloud transformation.

Led by Sanjay Jalona, Chief Executive Officer & Managing Director, LTI is a global technology consulting and digital solutions company with operations in 30 countries. Founded in 1997, the firm has a team of more than 30,000 people.

FinSMEs

17/10/2019

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