LTM
LTM is an AI-centric global technology services company serving large enterprises across BFSI, manufacturing, healthcare, media, retail, and energy sectors through its BlueVerse agentic AI platform. It delivers digital transformation, managed services, and AI-powered solutions across 40+ countries with a workforce of 87,950.
- Company typePublic
- Founded2022
- HeadquartersMumbai, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What LTM does
LTM (formerly LTIMindtree) is a publicly listed global technology consulting and digital solutions company headquartered in Mumbai, India and part of the Larsen & Toubro Group. Formed in November 2022 through the merger of L&T Infotech and Mindtree and rebranded from LTIMindtree to LTM in February 2026, the company serves large enterprises across 40+ countries with a workforce of 87,950 permanent employees spanning 100+ nationalities. LTM's core offering is the BlueVerse ecosystem, an AI-centric agentic platform comprising CraftStudio (generative AI creative tools), iRun (AI-native managed services), iTransform (AI-led engineering), Digital Employees (1,500+ AI-powered agents), SkillSphere (learning platform), and SkilletWeave (domain skills marketplace), supplemented by specialized services in cybersecurity (Canvas Assure, Cyber Defense Resiliency, Managed SSE), quality engineering, and contact center operations. The company serves clients across 11+ vertical industries including BFSI, manufacturing, healthcare, life sciences, retail, communications/media, energy, and travel/transport/hospitality, with named customers including Paramount Global, SSP Group, The Salvation Army, and various Fortune 500 enterprises.
LTM operates a hybrid revenue model combining traditional professional services (IT consulting, application management, infrastructure support) with managed services and increasingly outcome-based engagements. Pricing is primarily quote-based for enterprise services, with multi-year contract structures (e.g., the $585M six-year Paramount Global contract, €560M five-year Randstad India GCC engagement) and the newly introduced BlueVerse Currency outcome-based pricing model that ties fees to measurable business results rather than effort consumed. Go-to-market is enterprise field sales augmented by hyperscaler co-sell partnerships with Microsoft, AWS, Google Cloud, Oracle, SAP, Salesforce, ServiceNow, Databricks, and NVIDIA. In May 2026, LTM announced its first major acquisition since the 2022 merger — the €160M purchase of Randstad's Technology and Consulting Services business across Europe and Australia, expected to add over $500M in annual revenue. The Lakshya 2031 strategic roadmap targets doubling FY26 revenue of $4.76 billion to nearly $10 billion by FY31, accompanied by 200 basis points of EBIT margin expansion.
LTM firmographics
Firmographics- Name
- LTM
- Legal name
- LTM Limited
- Website
- https://ltm.com
- Company type
- Public
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- LTM is an AI-centric global technology services company serving large enterprises across BFSI, manufacturing, healthcare, media, retail, and energy sectors through its BlueVerse agentic AI platform. It delivers digital transformation, managed services, and AI-powered solutions across 40+ countries with a workforce of 87,950.
- Ownership category
- akta.pro rank
LTM industry classification
Industry- Product category
- Enterprise IT and AI Services
- NAICS
- Computer Systems Design and Related Services (54151), Computer Systems Design and Related Services (5415), Computer Systems Design Services (541512)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization) (BPAEAFAG)
- akta.pro secondary industry
- Remote Monitoring & Management (RMM) Services (BPAEABAA)
Keywords
Where LTM is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
LTM business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- IT Services and Consulting: Traditional IT services including application management, infrastructure support, and consulting engagements. The company reported 6% revenue growth last year while reducing lateral headcount, with Q4 FY26 revenue of Rs 11,291.7 crore ($4.76 billion FY26 revenue)
- AI-Driven Transformation Services: High-value AI services including BlueVerse ecosystem offerings, AI-powered modernization, and agentic AI deployment. Target of doubling revenue to $10 billion by FY31 through large deals and AI-driven high-value services
- Acquisition (Randstad): Pending acquisition of Randstad's technology and consulting services business in Europe and Australia for €160 million, expected to add over $500 million in annual revenue
- Oracle Cloud ERP Services: End-to-end Oracle Cloud ERP transformation including advisory, implementation, migration, integration, and managed services with AI-enabled delivery through OraAIX and TransisTOR solutions
- ServiceNow Ecosystem Services: Enterprise ServiceNow implementations with AI governance frameworks, observability and AIOps integration for autonomous operations
- SAP Ecosystem Services: SAP transformation and business AI capabilities including S/4HANA system transformation, SAP Business AI and BTP services, and SAP Application Managed Services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | BlueVerse Currency - Outcome-based commercial model |
| Subscription | Multi-year contract | Managed Services Contracts |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
LTM product offering
Product offeringCore offering
LTM is a global technology services and consulting firm that delivers enterprise IT transformation, AI-led engineering, cloud, cybersecurity, and managed services anchored by its proprietary BlueVerse agentic AI ecosystem. It combines 87,950+ human associates with 1,500+ AI-powered Digital Employees to provide application management, cognitive infrastructure, AI-led engineering, data and analytics, enterprise applications, and industry-specific solutions to Fortune 500 and large global enterprises across 40+ countries.
Product overview
LTM is an AI-centric global technology services company offering a unified platform-plus-modules architecture anchored by the BlueVerse ecosystem. BlueVerse serves as the core AI platform encompassing CraftStudio (generative AI creative tools), iRun (AI-native managed IT operations), and iTransform (AI-led engineering services). The portfolio includes Digital Employees (1,500+ AI-powered agents), proprietary offerings (Voicing AI, Unitrax, SkillSphere learning platform, SkilletWeave marketplace), and specialized services (AI 1000 workforce program, BlueVerse Currency outcome-based pricing model, GCC-as-a-Service). LTM delivers AI-powered managed services across quality engineering (Canvas Assure), contact center operations (CCaaS, Intelligent Invoice Processing, Aspect-IDP), cybersecurity (Cyber Defense Resiliency, Digital Trust, GRC, IoT/OT Security, Cloud Threat Defense), and cloud transformation. The company maintains strategic partnerships with Microsoft, AWS, Google Cloud, Oracle, SAP, Salesforce, ServiceNow, and NVIDIA to deliver integrated enterprise solutions across banking, capital markets, communications, energy, healthcare, insurance, life sciences, manufacturing, retail, and travel sectors.
Differentiator
Problem solved
Functional benefit
Brands
- BlueVerse: AI ecosystem for enterprise transformation including agentic AI capabilities
- BlueVerse CraftStudio
- BlueVerse Studio
- AI1000 / AI 1000
- SkillSphere
- SkilletWeave
- iRun
- Canvas Assure
- Lakshya 2031
Products and services
- BlueVerse
- iRun
- iTransform
- CraftStudio
- Digital Employees
- AI 1000
- BlueVerse Currency
- SkillSphere
- SkilletWeave
- GCC-as-a-Service
- Contact Center as a Service (CCaaS)
- Aspect-IDP
- Intelligent Invoice Processing
- Canvas Assure
- Cyber Defense Resiliency Services
- Digital Trust
- Governance, Risk, and Compliance (GRC)
- IoT/OT Security
- Cloud Threat Defense
- Managed Secure Service Edge (SSE)
- Voicing AI
- Unitrax
- BlueVerse Studio
Quantifiable outcome
- 60-70% automated incident resolution with BlueVerse for iRun
- +14 more outcomes
Companies that use LTM
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles2 records
LTM technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability11 records
Feature13 records
LTM partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and flagship.
- Chainguard (Athena Coalition)coreLTM joined Athena, a Chainguard-led industry coalition focused on protecting open source software from AI-driven vulnerabilities. LTM contributes engineering expertise and large-scale delivery experience to collaborative remediation efforts, helping ensure vulnerabilities identified by member organisations are patched and pushed upstream.
- DatabricksflagshipLTM launched BlueVerse for Databricks combining BlueVerse AI ecosystem with Databricks platform to accelerate AI-driven data monetization. LTM was recognized as Databricks 2026 Global COE Partner of the Year. Solution leverages Databricks Lakebase, Genie, and Agent Bricks technologies.
- Rubrik (Project Hourglass)coreLTM is one of six global systems integrators in Rubrik's Project Hourglass alliance to deliver Rubrik Agent Cloud for Anthropic's Claude Code to enterprise clients. Addresses security and operational risks from autonomous AI agents.
- CiscocoreLTM launched Managed Secure Service Edge (SSE) solution at Cisco Live 2026, built on Cisco Secure Access technology. Combines Cisco's zero-trust security framework with LTM's AI-powered managed services and 4,000+ security professionals.
- SSP GroupcoreStrategic partnership for AI-powered IT infrastructure modernization and application maintenance services. LTM leverages BlueVerse ecosystem to help SSP manage operational risks, simplify infrastructure complexities, and drive cost optimization across 38 countries.
- WSO2coreLTM is a delivery partner in WSO2's Agent Fabric platform expansion for agentic enterprise adoption. Partnership combines WSO2's AI-native capabilities with LTM's global delivery expertise.
- RandstadflagshipLTM issued offer to acquire Randstad's Technology and Consulting Services business in Europe and Australia for €160 million. As part of 360-degree partnership, LTM will serve as technology partner for Randstad's India GCC while Randstad becomes LTM's strategic global talent managed service provider.
- UniphorecoreStrategic partnership to jointly develop industry-specific AI solutions combining small language models, AI agents, and deep domain expertise. Initial focus on BFSI, manufacturing, and media sectors. Uniphore's Business AI Cloud powers LTM's BlueVerse ecosystem.
- MicrosoftflagshipStrategic technology partnership. LTM is a Microsoft solutions partner with deep integration across Azure, Microsoft 365, and Microsoft AI platforms. LTM strengthens Microsoft alliance for AI-powered transformation.
- Amazon Web Services (AWS)flagshipLTM is an AWS Premier Partner winning two 2025 AWS Partner of the Year Awards. Provides cloud transformation services across AWS platform.
- Google CloudflagshipLTM won two Google Cloud Partner of the Year Awards for 2026. Strategic partnership for cloud and AI transformation services.
- OracleflagshipLTM is recognized as Leader in Avasant's Oracle Cloud ERP Services 2026 RadarView. Provides Oracle Cloud ERP transformation with AI-enabled delivery through OraAIX and TransisTOR.
- SAPflagshipLTM is Leader in ISG Provider Lens SAP Ecosystem 2026 across S/4HANA transformation, SAP Business AI/BTP services, and Application Managed Services.
- SalesforcecoreLTM provides Salesforce transformation services including omnichannel commerce implementations. Case study shows 30-40% conversion growth for UK retailer.
- NVIDIAcoreTechnology partnership for AI and GPU-accelerated computing solutions.
Scale indicators16 records
Recent moves7 records
Expansion highlights7 records
LTM competitors and assessment
Company assessmentDirect peers
- Tata Consultancy Services (TCS): India-headquartered global IT services giant and direct competitor across enterprise application services, managed services, and digital transformation. TCS's deep Indian delivery scale, BFSI vertical focus, and AI/agentic services investments make it the most direct comparable for LTM.
- Infosys: Closest Indian IT services peer with comparable revenue scale, similar global enterprise customer base, and parallel AI-first repositioning (Topaz). Both compete head-to-head on SAP, Oracle, and cloud transformation deals across BFSI and manufacturing verticals.
- Cognizant: Direct peer in enterprise IT services, digital engineering, and application modernization — Cognizant even shares board DNA with LTM (Chandrasekaran Ramakrishnan, former Executive Vice Chairman of Cognizant India, is an LTM Independent Director). Comparable in BFSI, healthcare, and manufacturing verticals.
- Wipro: Indian-headquartered IT services peer of similar scale competing across cloud, AI, cybersecurity, and enterprise application services. Wipro's full-stack IT services portfolio and Fortune 500 client base directly overlap with LTM's target market.
- HCL Technologies: Indian IT services competitor with comparable scale, strong managed services and infrastructure practice, and a similar push into AI-led engineering and digital transformation for global enterprises.
- Tech Mahindra: Indian IT services peer with overlapping focus on telecom, media, manufacturing, and BFSI verticals. Tech Mahindra's digital transformation and AI engineering services compete directly with LTM's BlueVerse offerings.
Broad incumbents
- Accenture: Larger global systems integrator and consulting incumbent dominating enterprise AI/Cloud/digital transformation spend. Accenture's $65B+ revenue scale and heavy investment in generative AI/agentic services make it the principal large-deal competitor LTM faces in transformation bids.
- Capgemini: European-headquartered global IT services and consulting incumbent with comparable SAP, Oracle, cloud, and AI transformation practices. Capgemini competes with LTM particularly in European enterprise deals — directly relevant given LTM's European expansion via Randstad.
- IBM Consulting: Global consulting arm of IBM with overlapping capabilities in hybrid cloud (OpenShift), AI (watsonx), and enterprise application modernization. IBM's broader portfolio and consulting scale make it a competing incumbent for large transformation deals.
Emerging players
- Persistent Systems: Mid-tier Indian IT services firm with growing enterprise digital and AI engineering capabilities. While smaller in scale, Persistent competes in similar BFSI, healthcare, and technology verticals and serves as a comparable for LTM's growth trajectory.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
LTM social profiles
Digital presenceLTM compliance and trust
Trust signalCompliance5 records
LTM financial estimates
Financial estimateRevenue estimate
Valuation estimate
LTM leadership team
Management profileNumber of profiles
Profiles10 records
LTM subsidiaries and ownership
Company hierarchySubsidiaries3 records
LTM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LTM M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LTM
What does LTM do?
LTM is a global technology services and consulting firm that delivers enterprise IT transformation, AI-led engineering, cloud, cybersecurity, and managed services anchored by its proprietary BlueVerse agentic AI ecosystem. It combines 87,950+ human associates with 1,500+ AI-powered Digital Employees to provide application management, cognitive infrastructure, AI-led engineering, data and analytics, enterprise applications, and industry-specific solutions to Fortune 500 and large global enterprises across 40+ countries.
Is LTM a public or private company?
LTM is a public company. It is classified as public and is currently operating.
When was LTM founded?
LTM was founded in 2022. It employs 5,001 to 10,000 people.
Where is LTM based?
LTM is headquartered in Mumbai, India, in the Asia region.
How does LTM make money?
Six revenue lines are on record. IT Services and Consulting is the primary driver. The others are AI-Driven Transformation Services, acquisition (Randstad), oracle Cloud ERP Services, serviceNow Ecosystem Services and SAP Ecosystem Services.
Who are LTM's main competitors?
Direct peers on record are Tata Consultancy Services (TCS), Infosys, Cognizant, Wipro, HCL Technologies and Tech Mahindra. Broad incumbents are Accenture, Capgemini and IBM Consulting. Persistent Systems is listed as an emerging player.
Does LTM have an API?
No public API is recorded for LTM.
What industry is LTM in?
LTM's product category is Enterprise IT and AI Services. Its primary akta.pro industry code is BPAEAFAG, Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization), with a secondary code of BPAEABAA, Remote Monitoring & Management (RMM) Services. Its NAICS code is 54151 and its SIC code is 7373.