In October, L&T Technology Services announced a partnership with NVIDIA to develop software-defined architectures for endoscopy-focused medical devices. The collaboration aims to improve image quality and product scalability in the medical industry.
L&T Technologi Services highlighted the architectural image processing process, which includes functions for noise reduction, edge and contrast enhancement, texture and color enrichment, and speckle correction. The partnership also involves developing an artificial intelligence/machine learning model to detect, identify, and classify polyps, which are abnormal growths often found during colonoscopies. This solution aims to provide low-latency data transmission and superior image processing without performance bottlenecks, improving the overall experience for users.
Shanker Trivedi, senior vice president of business at NVIDIA, emphasized that the collaboration offers a comprehensive solution for customers looking to move to a software-defined business model through real-time AI applications. In September of FY24, L&T Technology Services reported a sequential increase in net profit of 1.4% and revenue growth of 3.7% on a sequential basis. At the time of publication, shares of L&T Technology Services were trading 1.49% higher at INR 4,520 apiece on the BSE.