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Everest Group Product Lifecycle Management Services PEAK Matrix® Assessment 2026

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LTTS

As products become increasingly complex, connected, software-defined, and sustainability-driven, enterprises are reimagining how engineering, manufacturing, and lifecycle operations work together. The shift toward integrated Product Lifecycle Management (PLM) platforms is enabling organizations to create connected digital threads across product design, manufacturing, service, and end-of-life processes, driving faster innovation, better collaboration, and improved business outcomes.

L&T Technology Services (LTTS) has been recognized as a Leader in the Product Lifecycle Management Services PEAK Matrix Assessment 2026 by Everest Group. This prestigious recognition reinforces our position as a trusted partner enabling global enterprises unlock Engineering Intelligence through digital engineering, PLM modernization, AI-led transformation, digital twins, and lifecycle innovation.

Key Strengths Underpinning Our Leadership

  • Engineering Intelligence Powered by End-to-End PLM Expertise
    LTTS combines deep engineering heritage with extensive PLM capabilities spanning advisory, implementation, migration, integration, managed services, cloud PLM, digital thread, digital twin, MBSE, and AI-enabled transformation.
  • Accelerating Connected Product Ecosystems
    With a broad portfolio of accelerators covering migration, analytics, automation, digital twins, lifecycle services, and engineering transformation, LTTS helps enterprises establish seamless connectivity across the product lifecycle and drive data-led decision-making.
  • AI-led Engineering Intelligence
    LTTS enables organizations to modernize PLM environments while leveraging AI, automation, analytics, and engineering knowledge to improve productivity, optimize workflows, enhance product quality, and accelerate innovation.
  • Innovation Through Strategic Investments
    LTTS's investments across Centers of Excellence, labs, and skill development initiatives spanning digital manufacturing, simulation, sustainability, embedded PLM, digital twins, AI, and mobility reinforces the commitment to engineering transformation at scale.

“L&T Technology Services demonstrates strong PLM delivery capabilities for engineering-intensive transformation, supported by its large talent base and multi-region delivery coverage. Its broad accelerator portfolio spans migration, analytics, automation, digital twin enablement, lifecycle support, and engineering transformation, complemented by investments in CoEs, labs, and talent upskilling,” says Nishant Udupa, Vice President at Everest Group. “Clients appreciate L&T Technology Services for its flexibility and its process-analysis and solution-consulting capabilities. Its strong delivery proof points across implementation, migration, integration, managed services, cloud PLM, digital thread, and MBSE, together with wider capabilities across advisory, digital twin, and AI-enabled PLM, have contributed to L&T Technology Services emerging as a Leader in Everest Group’s Product Lifecycle Management Services PEAK Matrix® Assessment 2026.”

As enterprises move from PLM implementation projects to broader lifecycle transformation initiatives, success increasingly depends on connecting engineering data, processes, people, and technologies across the entire product value chain. Everest Group recognizes LTTS as a leader capable of helping organizations navigate this transformation through cloud-enabled PLM, digital thread strategies, AI-led innovation, and Engineering Intelligence-driven modernization.


What This Means for You

Discover how LTTS is helping organizations harness Engineering Intelligence to modernize PLM ecosystems, streamline lifecycle operations, improve engineering productivity, and accelerate innovation across the product journey.

Download the full report to explore now.
 

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