L&T Technology Services announced a partnership with NVIDIA to develop software-defined architectures for medical devices focused on endoscopy. The collaboration aims to enhance the image quality and scalability of medical products.
The platform, created by L&T Technology Services, supports multiple applications and serves as a real-time decision-making tool for the medical industry. It addresses challenges related to availability, cost, and dependency on custom and proprietary hardware components.
Shanker Trivedi, Senior Vice President of Enterprise Business at NVIDIA, expressed that the collaboration offers a complete solution for clients seeking to transition to a software-defined business model with real-time AI applications.
In October, Amit Chadha, the Managing Director and CEO of L&T Technology Services, mentioned plans to hire 2,000 freshers this year. The company reported a 1.4% sequential increase in net profit and a 3.7% sequential growth in revenue for the September quarter of FY24. At 10:33 AM, shares of L&T Technology Services were trading 1.49% higher at ₹4,520 apiece on BSE.