Client and Background: A leading automotive OEM sought a transformative solution to connect marine engines to the cloud, to improve visibility and predictive maintenance, and performance insights for an enhanced boating experience. The client wanted real-time monitoring for boat
owners, boat clubs and dealers via mobile devices & cloud services. Previously, there was no way for dealers to check engine status, monitor battery or DTC codes without their service software. They faced challenges such as isolated data and lack of engine service record visibility. After careful evaluation of the market, L&T Technology Services (LTTS) with its agile track record and innovative approaches was selected as the preferred partner.
The LTTS Edge:
Deep and broad chip to cloud and beyond expertise
Extensive ecosystem partners across the entire value chain
100+ labs and 200+ plug and play solutions/accelerators
What LTTS Enabled: LTTS developed a comprehensive telematics platform that redefines the boating experience with features such as real-time vessel security, multiple and flexible boat monitoring, tracking functions and other convenience features. New revenue streams were unlocked, leveraging diverse business models including subscription services and advertisements.
Tangible Business Value: LTTS’ end-to-end IoT solution provided real-time insights into engine/boat health and performance statistics. These systems enabled seamless connections between customers and service dealers, driving increased revenue through efficient rental scheduling, trip planning, services and parts. By sharing usage data with insurance companies, the customer could unlock a new revenue stream. Enhanced visibility into engine performance also led to better service quality, improved customer retention, and higher resale value. Additionally, more efficient ordering of service parts and streamlined inventory management contributed to overall operational efficiency.