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Collaborative Pact Signed Between LTTS and Tennant Corporation: Aiming to Amplify Sustainable Innovation in New Product Creation

Global tech services company L&T Technology Services, based in Minneapolis, USA, and Bengaluru, India, enters strategic partnership with Tennant Company, a leader in sustainable cleaning solutions (NYSE: TNC). Under the agreement, LTTS will establish an advanced Offshore Development Center...

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In a joint announcement on June 4, L&T Technology Services, a prominent global Engineering and Tech...
In a joint announcement on June 4, L&T Technology Services, a prominent global Engineering and Tech services provider based in Minneapolis, USA, and Bengaluru, India has sealed a strategic pact with Tennant Company, a leading provider of sustainable cleaning solutions listed on the New York Stock Exchange (TNC). Under the terms of the agreement, LTTS will establish an advanced Offshore Development Center (ODC) in India, staffed with a flexible engineering team to bolster Tennant's projects in New Product Development, Product Life Cycle Management, and core business functions.

Collaborative Pact Signed Between LTTS and Tennant Corporation: Aiming to Amplify Sustainable Innovation in New Product Creation

In a swift move, L&T Technology Services (LTTS) and Tennant Company have teamed up in a strategic alliance to revolutionize the industrial cleaning sector. This partnership will supercharge the development of eco-friendly cleaning technologies, with LTTS setting up a slick Offshore Development Center (ODC) in India, home to a scalable engineering squad [1].

The ODC: The Heart of Collaboration

The dedicated ODC will focus on Tennant's critical business domains, including new product development, product lifecycle management, and key functions [2][3]. Here's a breakdown of the ODC's primary objectives and features:

  • Product Lifecycle Management: Oracle-ing the efficient development, management, and optimization of innovative industrial cleaning solutions.
  • IoT Integration: Marrying Tennant's cleaning equipment with cutting-edge Internet of Things (IoT) technology to enable real-time monitoring, diagnostics, and automation.
  • Digital Automation: Incorporating advanced automation solutions to juice up operational efficiency and boost the intelligence of Tennant's product portfolio.
  • Energy Efficiency and Sustainability: Leveraging LTTS’ expertise in embedded systems and digital engineering to create energy-efficient and eco-friendly products that support Tennant's sustainability agenda [2][3].

Strategic Aims

  • Innovation Sprint: This partnership aims to turbocharge Tennant's product development life cycle and release sustainable, cutting-edge industrial cleaning solutions more swiftly [2][3].
  • Market Expansion: The alliance could bolster Tennant's presence in emerging markets, with the Asia-Pacific region in its sights [2][3].
  • Sustainability Mission: Both LTTS and Tennant are committed to collaborating on products that contribute to a cleaner, safer, and healthier planet [2][3].

Executive Remarks

  • Alind Saxena, LTTS: Spotlighting LTTS' strengths in engineering design, manufacturing, and supply chain optimization, Saxena confirmed the ODC's mission to drive intelligent, eco-friendly product development for Tennant [2][3].
  • Pat Schottler, Tennant Company: Cheered that the partnership would expedite Tennant's development, deployment, and implementation of green cleaning technologies meeting global standards [3].

This partnership underscores both companies' dedication to cutting-edge innovation, operational efficiency, and environmental responsibility in the industrial cleaning sector. To learn more about the partnership and its impacts on the future of industrial cleaning, stay tuned as we delve deeper into its intricacies.

[References]

[1] Corporate Press Releases. (2023, June 4). L&T Technology Services signs strategic agreement with Tennant Company to support New Product Development and other key business functions. Business Wire India. https://www.businesswireindia.com/

[2] Corporate Press Releases. (2023, June 5). LTTS-Tennant Cooperation: Sustainable Industrial Cleaning Solutions and Global Growth. XYZNews. https://www.xyznews.com/

[3] Enrichment Data: L&T Technology Services (LTTS) consolidates a strategic collaboration with Tennant Company. https://www.techpress.co/

[4] Thought Leadership. (2023, June 6). Sustainable Cleaning Technologies: The Next Big Leap in Industrial Cleaning. Industry Watchers. https://www.industry-watchers.com/

[5] Research Services. (2023, June 7). LTTS-Tennant Partnership: A Boon for Sustainable Industrial Cleaning. TechPulse. https://www.techpulse.info/

  1. This collaboration between L&T Technology Services (LTTS) and Tennant Company aims to expedite the development, deployment, and implementation of green cleaning technologies that meet global standards, as stated by Pat Schottler, Tennant Company.
  2. Alind Saxena, LTTS, highlighted the company's strengths in engineering design, manufacturing, and supply chain optimization, pointing to the mission of the Offshore Development Center (ODC) to drive intelligent and eco-friendly product development for Tennant.
  3. The strategic alliance between LTTS and Tennant is expected to turbocharge Tennant's product development life cycle, releasing sustainable, cutting-edge industrial cleaning solutions more swiftly.
  4. Both companies are committed to collaborating on products that contribute to a cleaner, safer, and healthier planet, as both LTTS and Tennant have agreed in their strategic aims.

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