L&T Tech builds IoT platform for machines

The company will also install sensors in machines that do not have them to capture more data

L&T Technology Services has taken a leaf out of GE’s book to build a software platform that offers Internet of Things (IoT) services to its customers.

The infotech services arm of Larsen & Toubro has used the assets of its parent to connect over 4,000 machine sensors to analyse data and predict performance.

L&T Technology has four customers for the platform, UbiqWeise, and is planning to offer value-added services using its 200-odd patents.  

“If you do not have this, you will be out of business in three years. Companies need differentiators like these,” Keshab Panda, chief executive officer (CEO) and managing director