LTI Expands Strategic Partnership with OKQ8 Scandinavia

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Engagement to accelerate digital transformation at Sweden’s largest fuel company

India, February 6, 2020 – Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company has expanded its engagement with OKQ8 AB Scandinavia. Over the next five years, this engagement will transform applications and infrastructure landscape with services that include Infrastructure-as-a-Service (IaaS), Security Services, Application Operations, Maintenance and Development, resulting in improved stability, availability, and predictability of IT operations.

Headquartered in Stockholm, OKQ8 is one of Scandinavia’s largest fuel companies with a turnover of over SEK 39 Bn and nearly 1,000 stations across Sweden and Denmark. LTI has been a partner of OKQ8 since 2017, and this expanded partnership is an outcome of impact delivered over these years. As a strategic partner, LTI will leverage its rich analytics, automation, and AI capabilities to deliver these services to OKQ8.

Mikael Pålsson, CIO, OKQ8, said, “To serve our customers better, it is imperative for OKQ8 to integrate our ecosystem comprising fuel stations, convenience stores, car wash, car rentals, financial, and insurance services. As our strategic partner, LTI brings the right experience, technology expertise, and cultural alignment to ensure the complete success of this program.”

Arun Sankaranarayanan, Chief Business Officer, LTI Nordics, said, “Since its inception in 1999, OKQ8 has consistently set high standards for technology adoption and excellence in customer service. We are excited to expand our partnership with OKQ8 to design next-generation architecture and fulfill the company’s digital transformation vision. LTI would leverage its capabilities in exponential technologies and customer-centric approach to help OKQ8 accomplish its strategic goals.”

LTI has a strong presence across the Nordic region and partners with leading companies to help them compete effectively in a changing world.

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