Thales, LTTS partner to introduce new software monetisation models

France-based technology and security services provider Thales has expanded partnership with L&T Technology Services Limited (LTTS), an engineering and R&D company, to bring its software monetisation platform, Thales Sentinel, to LTTS' diverse customer base.  

This collaboration targets key sectors, including hi-tech, sustainability, and mobility. 

By integrating Thales Sentinel into its offerings, LTTS will enhance its ability to support clients in monetising their software solutions. This will be achieved through the introduction of recurring revenue models, including agile subscription services and flexible usage-based pricing. 

Damien Bullot, Vice President, Software Monetisation Solutions at Thales, said, “This partnership builds on Thales’s long-standing relationship with LTTS, helping their customers unlock the true value and potential of their software products through flexible pricing and subscription models, better compliance, and automated delivery and activation. We look forward to our continued collaboration to ensure their industry-leading AI offers are properly protected and monetised for maximum ROI.” 

Under the terms of the new contract, LTTS will take on the role of reselling the Thales Sentinel platform to its global customer base. This includes industries such as transportation, medical, hi-tech, telecom, and financial services. The partnership is expected to bring significant benefits to LTTS’s clients by streamlining software monetization and providing advanced tools to support digital transformation efforts.  

Alind Saxena, Executive Director & President, Mobility & Tech at LTTS, said, “Our partnership with Thales underscores our commitment to drive innovation and superior solutions across mobility, sustainability, and hi-tech, leveraging their Sentinel platform. Our proficiency in creating cutting-edge digital solutions and our deep understanding of AI will form the backbone of a robust digital infrastructure. We anticipate contributing to a cohesive digital thread throughout the value chain, accelerating market entry, reducing cycle time along with product development costs, and aiding our customers in their journey towards sustainability through improved software monetisation potential."