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The IT solutions company has launched a new data protection and recovery platform called V-Protect. It is powered by Rubrik and is designed to help organizations protect their data from ransomware attacks, human errors, and data policy breaches. V-Protect also includes features to help organizations comply with data regulations.
The platform combines Rubrik's technology with LTIMindtree's implementation support, professional services, governance, analytics, and product penetration. The platform is easy to use and can be deployed quickly.
LTIMindtree is a global technology consulting and digital solutions company that helps businesses across industries reimagine their business models, accelerate innovation, and maximize growth by harnessing digital technologies. LTIMindtree has extensive domain and technology expertise, and is a trusted partner to more than 700 clients worldwide. The company is powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries. LTIMindtree is a Larsen & Toubro Group company, and combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale.
LTIMindtree reported 11.3% growth in net profit to Rs 1,114.1 crore on a 0.8% increase in revenue to Rs 8,691 crore in Q4 FY23 over Q3 FY23. As compared with Q4 FY22, the company's net profit has risen by 0.5% whereas its revenue has increased by 21.9%.
Shares of LTIMindtree fell 0.27% to Rs 5240.70 on 5 July 2023.
LTIMindtree will replace Housing Development Finance Corporation (HDFC) in the 50-share benchmark Nifty 50 index effective 13 July 2023.
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