SES’s Third and Fourth O3b mPOWER Satellites Successfully Launched

 SES’s second-generation medium earth orbit system is just one launch away from providing global connectivity services backed by industry-best service level agreements

(BUSINESS WIRE) -- Two additional O3b mPOWER satellites were successfully launched by a SpaceX Falcon 9 rocket from Cape Canaveral Space Force Station in Florida, United States, at 6:12 pm local time, SES announced today.

The second pair of O3b mPOWER satellites will join the first two satellites launched in December 2022, which have arrived at their target medium earth orbit (MEO) and are currently undergoing in-orbit check out. The O3b mPOWER system will offer high-performance network services delivering industry-best throughput, predictable low latency, and ultra-reliable service availability.

Comprising an initial constellation of 11 high-throughput satellites built by Boeing, the O3b mPOWER ecosystem is easily scalable and requires just six MEO satellites to provide high performance connectivity services around the globe. Additionally, SES is working closely with some of the best ground system partners in the world to virtualise and standardise a variety of platforms on the O3b mPOWER network to serve mobility, telecom, government, and enterprise customers more efficiently and effectively.

“Today we are closer to delivering our promise of a new era of connectivity. Our team has been working with more than 30 technology partners to prepare the O3b mPOWER space and ground segments to offer the differentiated and high-perfomance services that our customers need to run their operations,” said Steve Collar, CEO of SES. “We have already rolled out and tested O3b mPOWER terminals over the existing O3b constellation, and are delighted to hear positive customer feedback about their increased reliability and performance, as well as the ease of self-installation, activation, and maintenance.”

“It’s been an incredible journey with an exceptional and dedicated team at the Boeing satellite factory, and an invaluable partnership with SES,” said Michelle Parker, vice president of Space Mission Systems at Boeing Defense, Space & Security. “As we near completion on the remaining satellites, we’re excited to showcase on-orbit how our fully flexible 702X payload architecture allows operators to adapt to changing business needs and reallocate resources instantly.”

Customers leveraging SES’s second-generation MEO system are set to transform their operations and benefit from terabit-level scale; the highest, most flexible, guaranteed throughput; roundtrip latency of less than 150 milliseconds, and unmatched service availability.

O3b mPOWER commercial service is expected to begin in the third quarter of 2023. Key customers who have signed up for the next-gen system include Microsoft, Princess Cruises, Marlink, Jio Platforms, Orange, Claro Brasil, Vodafone Cook Islands, the Government of Luxembourg (subject to parliamentary approval) and the newly-announced CNT Ecuador.

For more information on how O3b mPOWER can bring a new level of performance to satellite-enabled communications, visit the newsroom.

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About SES

SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world. As the leader in global content connectivity solutions, SES operates the world’s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially-proven, low-latency Medium Earth Orbit O3b system. By leveraging a vast and intelligent, cloud-enabled network, SES is able to deliver high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries about 8,000 channels and has an unparalleled reach of 369 million households, delivering managed media services for both linear and non-linear content. The company is listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com.

 

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Contacts

For further information please contact:

Suzanne Ong

SES, External Communications

Tel. +352 710 725 500

suzanne.ong@ses.com

GPS Rebrands as “Thredd” to Reflect Its Unique Position as the Go to Payments Partner of Innovators Worldwide

 Thredd sits at the heart of the global payments revolution, processing billions of transactions annually across 44 countries for the world’s leading fintechs, digital banks, and embedded finance providers.

With a new management team, strategic vision and operating plan, Thredd is bringing its unique client-centred focus to new geographies and customer segments as the partner for innovators modernising how consumers and businesses pay for goods, services, and move money worldwide.

Thredd is backed by an exceptional private equity consortium including Advent International, Viking Global Investors, Temasek, and MissionOG; with institutional investors including Mastercard and Visa.

 

(BUSINESS WIRE) -- Global Processing Services, a next generation global payments platform behind the leading fintechs, digital banks, and embedded finance providers across the UK, Europe, Asia, Middle East and North America, has today rebranded as “Thredd,” to reflect the company’s pivotal role in weaving together the different ‘threads’ of the global payments ecosystem to fuel the growth of electronic payments.

With a new leadership team comprising of industry veterans coupled with the backing of future-focused investors, this rebranding signals the next phase of customer partnership and product innovation to bring the aspirations of innovative payments visionaries to life.

Thredd is known for its customer-centred approach to enable payments innovators to launch new card programmes quickly, easily, and cost effectively. Thredd has created a unique niche as a hands-on, modern processor providing reliable digital payment processing capabilities, including real-time, bespoke card management tools, reporting, and world-class fraud prevention technology.

Certified by both Visa and Mastercard, and supporting debit, prepaid and credit programs, Thredd has enabled modern payments issuer processing since 2007 and has earned a reputation as a trusted, reliable and scalable platform.

Today, Thredd’s next-gen platform processes billions of transactions annually and powers over 100 customers across 44 countries and a broad range of use cases. Thredd is the processing partner of choice for an array of verticals, including digital banking, Buy Now Pay Later (BNPL), Travel, and Banking-as-a-Service (BaaS).

One of Thredd’s fastest growing customers today is “financial super app” Curve which allows customers to combine most debit, credit, and loyalty cards into one platform and a linked smart card for payments. Thredd has provided the issuer processing firepower for Curve’s platform since it was founded in 2016, supporting the innovative fintech as it has scaled to over 4 million customers, diversified its products, and expanded into international markets.

“Our rebranding to Thredd marks a new era for our company as we begin the next phase of our growth. We’ve spent the last six months building our management team with industry veterans to expand our platform capabilities and deepen our commitment to serving the needs of the most innovative fintechs and banks in the world, said Kevin Schultz, Chief Executive Officer of Thredd.

“Our new brand reflects our renewed focus on enabling our clients to create a more interconnected, accessible, and seamless payments ecosystem. With our experienced team and owners, we’re confident in our vision to bring our partnership approach to modern payments processing to innovators worldwide.”

Explaining why the name Thredd was chosen, Betsy Samuel, Chief Marketing Officer of Thredd, said: “Our clients, partners and team members have told us that we are the ultimate connector, bringing true partnership to the world of payments. This is our DNA, and we wanted a new name to reflect this special identity as well as our expanding position as a pivotal modern payments processor at the heart of the constantly evolving digital economy. We are proud to relaunch with a name which reflects our unique role and reputation as a critical ‘thread’ of the fabric in the ecosystem.”

Thredd is backed by an experienced private equity consortium with specialist experience in scaling payments-related tech businesses, including Advent International, Viking Global Investors, Temasek, and MissionOG; with institutional investors including Mastercard and Visa.

 

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Contacts

Media:

Louisa Bartoszek

Head of Communications

louisa.bartoszek@thredd.com

Cognito Media

thredd@cognitomedia.com

 

FEELM Organizes Giveaway Events to Support Vapril and Help Smokers Quit

 LONDON - Friday, 28. April 2023

(BUSINESS WIRE) -- As a leader in the vaping industry and flagship tech brand belonging to SMOORE, FEELM has participated in a series of giveaway events in London to support UKVIA's annual Vapril initiative.

FEELM’s events aim to promote vaping as a safer alternative to smoking, encourage smokers to make the switch and find a healthier vaping solution to achieve the harm reduction. This partnership is expected to have a significant impact on raising awareness about the advantages of vaping and helping individuals take control of their health.

The Aim of FEELM Giveaways

Vapril is an annual campaign launched by UKVIA, The UK Vaping Industry Association, to raise awareness about the benefits of switching from smoking to vaping. This year, the month-long campaign focuses on educating the public about the harm reduction potential of vaping, providing resources and support for those looking to quit smoking, and promoting a healthier lifestyle. By attending the Vapril launch event, FEELM showcased its commitment to supporting the cause and helping people quit smoking. The initiative has gained support from various industry leaders, health professionals, and public health organizations, highlighting the need for a healthier alternative to traditional cigarettes.

FEELM's giveaway events align with the UK government's initiative to provide one million free e-cigarettes, which encourages smokers to switch to vaping as a healthier alternative. This policy is a reflection of the growing consensus among health experts that e-cigarettes are significantly less harmful than combustible tobacco products. By participating in this initiative, FEELM is taking a proactive approach in helping smokers quit and transition to a safer alternative, ultimately contributing to the overall improvement of public health.

FEELM Max New Technology

The giveaway features FEELM Max's latest vaping solution, which is equipped with the cutting-edge vaping technology, including the new S1 ceramic coil. This state-of-the-art vaping technology aims to develop a new cleaner and provide consumers with a purer, safer, and more enjoyable vaping experience.

With the S1 ceramic coil, FEELM Max's latest vaping solution boasts an array of remarkable advantages. Impurities are reduced by 78%, providing a cleaner vaping experience compared to traditional cigarettes, while the 100% reduction in oral residue eliminates the unpleasant aftertaste often associated with smoking. The decrease in aldehyde and ketones by 92.5% results in a more pleasant experience for both users and those around them. The fineness of particle size is doubled, ensuring a silky, smooth, and satisfying vapor, while a 35% increase in taste consistency guarantees a reliable and enjoyable experience with every use. Additionally, the transparent tank design alleviates e-liquid anxiety by allowing users to monitor the juice level and refill as needed, making for a truly comprehensive and user-friendly vaping solution.

These features make it easier for smokers to transition away from traditional cigarettes, offering an effective tool for harm reduction and smoking cessation. With a strong emphasis on research and development, FEELM is dedicated to refining its technology and providing consumers with the best possible vaping experience.

The Social Responsibility of FEELM

In addition to the giveaway events, FEELM continues to revolutionize the vaping industry and support public health initiatives to help people quit smoking by focusing on research and development.

FEELM's participation in Vapril and their giveaway events demonstrate the brand’s dedication to promoting public health and supporting individuals in their journey to quit smoking. By offering a high-quality, safer alternative to traditional cigarettes, FEELM is leading the way in helping people live healthier lives.

Additionally, FEELM Max has introduced a genuine environmentally-friendly ESG design, achieving maximum carbon reduction and environmental friendliness through its integrated product packaging. FEELM showcases the brand’s unwavering commitment to social responsibility and environmental stewardship.

About FEELM:

As a flagship OEM technology brand belonging to SMOORE, FEELM is the world’s leading closed vape system solution provider. Through its ceramic coil heating technology, used in around one in every two closed pods sold globally, FEELM provides its vaping solutions to b2c companies in fifty countries worldwide, including RELX, HEXA, KIWI, and NJOY, among others.

About SMOORE:

SMOORE is the global leader in offering vaping technology solutions, including manufacturing OEM vaping devices and vaping components for heat-not-burn products, with advanced R&D technology, strong manufacturing capacity, wide-spectrum product portfolio, and a diverse customer base.

 

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Contacts

For more information or journalist queries, please contact Tommy Gilchrist on 0044 7388 110 679 or via tommy@davidroach.co.uk.

 

VigiPay of Nigeria Selects ThetaRay AI Solution for AML Monitoring

 Lagos-based payment fintech upgrades to AI-powered system for advanced detection of money-laundering and sanctions list violations

(BUSINESS WIRE) -- VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial crime risks.

Through the agreement, ThetaRay will provide VigiPay the SONAR AML solution, a cloud-based transaction monitoring and screening platform that can detect the earliest signs of sophisticated money laundering activity. The new system will enable VigiPay to achieve safe growth, regulatory compliance, and consumer transaction transparency with the expansion of transaction volumes and value services for both domestic and cross-border payments.

This new collaboration highlights ThetaRay’s continued growth in the Nigerian financial market.

VigiPay is a payment technology platform for cross-border remittances and online B2B payments in Nigeria and across Africa. It provides automated payment collection services, including POS terminals, for local and international payments and auto reconciliations to corporate and government organizations.

“As we expand into the global market, we are committed to enhancing AML compliance. With the launch of an AI tool for transaction monitoring and screening, we will be able to close transactions with larger corporations all over the world that value automation processes and transaction transparency,” said Oluseyi Oluwabusola, general manager of VigiPay.

“ThetaRay is an excellent partner in achieving this fit. Our efficiency is set to achieve a new all-time high with the addition of automated transaction screening and monitoring, allowing us to better serve our consumers. We are committed to helping clients easily access multiple countries and thereby, grow their business and excel in today's competitive environment.”

The Nigerian government has been driving efforts to move to a cashless society with several initiatives aimed at promoting digital payments including limits on ATM and government accounts.

“We are proud to partner with an innovative Nigerian fintech that prioritizes trust and service to drive financial inclusion in Africa,” said Mark Gazit, CEO of ThetaRay. “ThetaRay AI technology is instilling a new standard of trust into the growing world of online payments, enabling fintechs rapid revenue growth by opening doors to business with new financial partners worldwide.”

ThetaRay’s award-winning SONAR solution is based on a proprietary form of AI, artificial intelligence intuition, that replaces human bias to find anomalies outside of normal behavior, including completely new typologies. It enables fintechs and banks to implement a risk-based approach to effectively identify truly suspicious activity, including across complex, cross-border transaction paths. This allows the rapid discovery of both known and unknown money laundering threats, and up to 99 percent reduction in false positives compared to rules-based solutions.

Learn more about VigiPay’s journey at a ThetaRay customer event, "AI in Preventing Financial Crime: A New Normality," taking place in Lagos on May 4, with the participation of executives in the banking and fintech industry of Nigeria.

Contact info@thetaray.com for registration and details.

About ThetaRay:

ThetaRay's AI-powered SONAR transaction monitoring solution, based on “artificial intelligence intuition,” allows banks and fintechs to expand their business opportunities and grow revenues through trusted and reliable cross-border payments. The groundbreaking solution also improves customer satisfaction, reduces compliance costs, and increases risk coverage. Financial organizations that rely on highly heterogeneous and complex ecosystems benefit greatly from ThetaRay's unmatchable low false positive and high detection rates.

 

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Nina Gilbert, ThetaRay

Nina.gilbert@thetaray.com

Intersolar Europe: Agrivoltaics – Harvesting Solar Power

 MUNICH & PFORZHEIM, Germany 

(BUSINESS WIRE) -- The world population is growing, as is the demand for food. To tackle the climate crisis, the world needs both agricultural land and surfaces for the deployment of photovoltaics (PV). In line with the zeitgeist, agricultural PV brings together both worlds: agriculture and renewable power generation. Solar modules built over fields can transport us into the new energy world faster, all the while protecting important agricultural yields. This is why Intersolar Europe – The world’s leading exhibition for the solar industry – will be focusing on the topic. Together with the French-German Office for Energy Transition (DFBEW), Intersolar Europe will be presenting new business models and best practices from France and Germany. Agricultural PV is also on the agenda of the Intersolar Europe Conference. Intersolar Europe will be held as part of The smarter E Europe, the continent’s largest platform for the energy industry, from June 14 to 16, 2023 in Munich.

Agrivoltaics is currently trending. Agrivoltaics projects are demonstrating how the generation of solar power and agriculture can go hand in hand and benefit from each other and how the conflict over available surfaces can be cleverly solved.

Renewable electricity for decentralized self-consumption is a great opportunity for agricultural operations adding solar installations to their assets. It allows them to use the renewable power generated on their land and reduce their bills for grid-supplied electricity. If they have excess electricity, they can sell it, which provides an additional source of income. What’s more, agricultural PV installations can boost resilience and increase the yield of agricultural operations because solar modules offer protection against heavy rain, hail or drought for fruit and special crops.

Europe recognizes potential

In many European countries, more and more farmers and political decision-makers are recognizing the potential of agricultural PV. Italy, for instance, recently passed new regulations that determine which agricultural PV installations are eligible for funding from a government incentive program with a scope of 1.1 billion euros, giving a boost to innovative agricultural PV installations. While Germany is testing agricultural PV in combination with the cultivation of apples, for example, in Gelsdorf in Rhineland Palatinate, France has started installing solar modules over rows of vines.

With tractor and tracker – trend towards dual use

Covering crops with raised solar modules – as French winegrowers are doing now – is particularly interesting because it is favorable for winegrowing, as well as for fruit, berries or herbs, and any plants that prefer partial shade. Furthermore, solar roofs can replace conventional hail netting or polytunnels, and they protect the crops from drying out.

Integrating solar installations into agriculture opens up many areas of application. Free-standing solar installations on fields and meadows can also be equipped with trackers that follow the course of the sun, which increases the yield compared with conventional, fixed modules, by around 20 percent. The solar panels can also be moved out of the way of any working agricultural machinery.

Agri PV: Hot topic at Intersolar Europe

To learn all there is to know about solar power generation in agriculture, join us at Intersolar Europe. The session “Agricultural PV in France and Germany: Potential, Business Models and Best Practice” (Agri-PV in Deutschland und Frankreich: Potenziale, Geschäftsmodelle und Best Practices) on June 15 at 3:20pm CEST at the Intersolar Forum will be presenting an extensive overview of solutions and applications that already work. An even more hands-on experience will be offered by many exhibitors, such as BayWa r.e. AG, Fraunhofer Institute for Solar Energy Systems (ISE), Next2Sun GmbH, Goldbeck Solar GmbH, SunFarming GmbH and many more. The program of the Intersolar Europe Conference will be looking into agricultural PV one day before the start of the exhibition itself. Experts will be discussing the potential of solar power in agriculture.

Intersolar Europe will be held from June 14–16, 2023 as part of The smarter E Europe 2023 at Messe München. Over 85,000 visitors from all corners of the globe are expected to attend. More than 2,200 exhibitors across 17 exhibition halls covering 180,000 square meters will be waiting for them.

 

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Contacts

Peggy Zilay

Spokesperson

The smarter E Europe

+49 7231 58598-240

zilay@solarpromotion.com

Juliane Heermeier

Account Manager

+49 151 41482446

juliane.heermeier@fischerappelt.de

Starr Now Directly Underwrites Technical Risks Property Insurance Through Its Own Insurance Companies

NEW YORK - Friday, 28. April 2023

(BUSINESS WIRE)--Starr Insurance Companies today announced that, as of April 23, the company now directly underwrites its property - technical risks through its own insurance companies, concluding a successful 17-year relationship with Chubb.

This transition of Starr’s complex risks and energy property business to Starr’s own insurance companies should be seamless for our clients. Clients will continue to work directly with Starr’s team of industry experts, who use the same approach to technical risks management and offer the same capacity levels and client servicing. The only change clients will see is that Starr’s insurance companies will be the named entities issuing the policies.

“We’ve been underwriting the complex risks and energy property business for more than 55 years,” said Richard Shaak, President, International Insurance and Starr Tech. “We thank Chubb for its support throughout this relationship.”

About Starr Insurance Companies

Starr Insurance Companies (or Starr) is a marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C.V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on six continents; through its operating insurance companies, Starr provides property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, China, Hong Kong, Malta, Singapore, Switzerland and U.K. each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong).

Visit us at www.starrcompanies.com or follow us LinkedIn and Twitter.

 

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Contacts

Charlie Armstrong

Vice President, Marketing

charlie.armstrong@starrcompanies.com, 646.758.8308

LTIMindtree Reports Strong FY23

  Full year Constant Currency Revenue up 19.9%;

Order Inflow at USD 4.87 Billion

(BUSINESS WIRE) -- LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the fourth quarter and full year ended March 31, 2023, as approved by its Board of Directors.

“We are pleased to report a strong FY23, with a broad-based full year revenue growth of 19.9% in constant currency,” said Debashis Chatterjee, Chief Executive Officer and Managing Director of LTIMindtree. “This industry-leading performance positions us well to deliver continued profitable growth in FY24. As we move to unified systems & processes, we are ready to exploit the synergies. Our Q4 revenue came in at a healthy USD 1.06 billion - up 13.5% year-over-year in constant currency and 11.9% in reported USD terms. Our order inflow for the quarter came in at USD 1.35 billion, helping us close the full-year order inflow at USD 4.87 billion. We added 31 new clients for Q4 and increased our count of USD 50 million plus customers by 2 to 13. Our full-year operating margin was at 16.2% and the basic EPS was at INR 149.1. Client requirements have changed over the last quarter, and we are now meeting the new requirements to deliver cost savings which are being directed to fund in flight transformation programs.”

Key financial highlights:

Year ended March 31, 2023

In USD:

- Revenue at $4,105.7 million (growth of 17.2% Y-o-Y)

- Net profit at $545.7 million (growth of 3.0% Y-o-Y)

In INR:

- Revenue at Rs 331,830 million (growth of 27.1% Y-o-Y)

- Net profit at Rs 44,103 million (growth of 11.7% Y-o-Y)

Quarter ended March 31, 2023

In USD:

- Revenue at $1,057.5 million (growth of 1.0% Q-o-Q / 11.9% Y-o-Y)

- Net profit at $135.6 million (growth of 11.6% Q-o-Q / decline of 7.8% Y-o-Y)

In INR:

- Revenue at Rs 86,910 million (growth of 0.8% Q-o-Q / 21.9% Y-o-Y)

- Net profit at Rs 11,141 million (growth of 11.3% Q-o-Q / 0.5% Y-o-Y)

Other FY23 highlights:

Clients:

- 728 active clients as of March 31, 2023

- $1 million+ clients increased by 56, total 383 (increased by 9 in Q4)

- $10 million+ clients increased by 5, total 81 (no change in Q4)

- $50 million+ clients increased by 3, total 13 (increased by 2 in Q4)

People:

- 84,546 professionals as of March 31, 2023

- Trailing 12 months attrition was 20.2%

Deal Wins

Selected as the key digital transformation partner by Currys, a UK based retailer of technology products and services. This multi-million-dollar collaboration will enable Currys in strengthening its market position. LTIMindtree aims to enhance Currys' omnichannel revenue stream and drive cost transformation.

onsemi, a global leader in intelligent power and image sensing technologies, has chosen LTIMindtree as a strategic service provider for developing its next-generation enterprise IT support platform. This multi-year deal will involve LTIMindtree collaborating with onsemi's IT team to drive innovation and increase efficiency. The IT transformation is part of onsemi's broader strategy to streamline operations and invest in growth areas, such as electric vehicles, ADAS, alternative energy, and industrial automation.

LTIMindtree has been selected by Hellenic Bank, a leading financial institution in Europe, as their exclusive Strategic Sourcing partner for their digital transformation program improving the customer experience through digitalisation, streamlining processes, and offering competitive products.

A North American manufacturer of high-performance building solutions chose LTIMindtree for its digital transformation journey. LTIMindtree would be the sole partner helping the client with its hybrid cloud infrastructure and 100+ enterprise applications landscape.

Awarded multi-year, multi-million-dollar deal by a financial insurance company to provide them application and data services.

Independent testing deal signed with one of the largest property and casualty insurance company in the United States.

An American insurance company which is the largest provider of supplemental insurance in the US has partnered with LTIMindtree for a multi-year AMS deal.

Chosen by a global leader of engineered products and services for agricultural equipment to provide consulting and testing services.

One of the major airlines in the United States has selected LTIMindtree as a partner of choice in an application maintenance deal.

Recognitions

Recognized in The Forrester Customer Analytics Services Providers Landscape, Q1 2023.

Named as a 'Leader' in ISG Provider Lens™ Google Cloud Partner Ecosystem 2022.

LTIMindtree named as a ‘Major Contender’ in Everest Group's Digital Transformation Consulting PEAK Matrix® Assessment 2023.

Recognized in 2022 Gartner® Magic Quadrant™ for Oracle Cloud Application Services, worldwide.

Recognized in 2022 Gartner® Magic Quadrant™ for SAP S/4HANA Application Services, worldwide.

LTIMindtree named as a ‘Leader’ and ‘Star Performer’ in Everest Group's Application and Digital Services in P&C Insurance PEAK Matrix Assessment 2023.

Named winner in the 2023 Artificial Intelligence Excellence Awards for LTIMindtree’s Canvas.

Earned the 2022 Innovation Awards for OnDemand Enablement Tooling from Duck Creek Technologies in the CBO (Custom Business Object) Remediation and DB Reference Data Remediation categories.

Recognized as One of the Best Organizations for Women, 2023, by The Economic Times.

Recognized at the DivHERsity Awards 2023 among the Top 5 Most Innovative Practices in the ‘Women L&D Programs’ and the Top 20 Most Innovative Practices in the ‘Women Returnee Programs’ categories.

*GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Announcements

The Board of Directors have recommended a final dividend of Rs 40 per equity share of par value Rs 1 each for the financial year ended March 31, 2023.

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit https://www.ltimindtree.com/.

Earnings Conference Call

Thursday, April 27, 2023 (18:45 IST)

 

To join the Earnings conference call

Click here: https://LTIMindtree.zoom.us/j/84021137095

 

Or Dial-in: (For higher quality, dial a number based on your location):

US: +1 386 347 5053 or +1 408 638 0968

India: +91 80 71 279 440 or +91 116 480 2722

 

Webinar ID: 840 2113 7095

 

Zoom Dial-in numbers: https://LTIMindtree.zoom.us/u/kf0wVD3qg

 

Transcript and recording will be available on: https://www.ltimindtree.com/

 

 

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Media Relations: media@ltimindtree.com