LTIMindtree Secures Historic $450 Million Agribusiness IT Contract
LTIMindtree, an Indian IT company, announced a $450 million contract with a global leader in the agribusiness sector. Spanning seven years, it is the largest deal in the company's history. The partnership will involve implementing AI-powered models to enhance application management, infrastructure, and cybersecurity services for the client.
- Country:
- India
In a significant milestone, Indian IT giant LTIMindtree has secured a contract worth $450 million over seven years with a prominent global agribusiness firm. This agreement, marking the largest in LTIMindtree's history, is set to transform the company's service delivery model through cutting-edge AI technology.
As part of this historic deal, LTIMindtree will deploy an AI-powered operating model to boost application management, infrastructure support, and cybersecurity for its client. The initiative aims to enhance operational efficiency and scalability, paving the way for global growth and innovation in IT services.
Venu Lambu, CEO (Designate) and Whole-Time Director, expressed pride in becoming a trusted partner to a top-tier agribusiness leader. Nachiket Deshpande, President of Global AI Services, emphasized the importance of the deal in highlighting the company's prowess in delivering innovative solutions with excellence.
(With inputs from agencies.)
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