The parking guidance system solution is developed in collaboration with Intel
BENGALURU, India â L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global engineering services company, announced today that it worked with Intel Corporation to develop an outdoor smart parking solution. The solution is powered by the Intel distribution of the OpenVINO Toolkit to run AI inferencing models on Intel Xeon scalable processors and Intel Movidius VPUs. With edge AI capabilities, the solution aims to redefine the outdoor smart parking experience in public areas across the globe.
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L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global engineering services company, announced today that it worked with Intel Corporation to develop an outdoor smart parking solution. The solution is powered by the Intel distribution of the OpenVINO Toolkit to run AI inferencing models on Intel Xeon scalable processors and Intel Movidius VPUs. With edge AI capabilities, the solution aims to redefine the outdoor smart parking experience in public areas across the globe.
Designed for a cloud-enabled world, the solution has four key components: an operator portal that hosts user information; a mobile application for end-user interface; a digital signage module to ensure safe and secured access; and a digital camera – all connected by the AWS cloud platform. This architecture helps end users easily locate available parking spaces in outdoor parking lots.
L&T Technology Services Limited: Everest Group Recognizes L&T Technology Services as Leader for Its Industry 4.0 Offerings
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210202006249/en/
Everest Group: LTTS has a strong ability to drive a high level of innovation around Industry 4.0 that customers recognize
In its report, PEAK Matrix for Industry 4.0 Service Provider 2020, Everest Group has identified LTTS among the six leading companies in the market based on various parameters such as market adoption, portfolio mix, value delivered, innovation investments, delivery footprint, and vision and strategy.
According to Everest Group, LTTS has a strong ability to drive a high level of innovation around Industry 4.0 that customers recognize, buoyed by robust investments in establishing dedicated infrastructure, developing a strong partner ecosystem and enhancing IP assets for Industry 4.0 services.
LTTS recognized in the "Product" Category for its innovative healthcare and smart campus solutions Chest rAI i-BEMS L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play
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