L&T Technology Services vs Very: full comparison for 2026
Quick verdict
L&T Technology Services (3.9/5) edges ahead of Very (3.8/5) overall. L&T Technology Services is the better choice for global OEMs outsourcing whole embedded programmes. Very is the stronger option for US companies building a first connected product. The right choice depends on your project size, budget, and required tech stack.
L&T Technology Services vs Very: head-to-head summary
| Criterion | L&T Technology Services | Very |
|---|---|---|
| Founded | 2012 | 2011 |
| HQ | Vadodara, India | USA (fully distributed) |
| Team size | 20,000+ | 51–200 |
| Rating | 3.9 / 5 | 3.8 / 5 |
| Primary differentiator | Very large engineering services capacity with embedded, VLSI and testing under one contract | Product-strategy-led IoT development with Nerves and Elixir experience |
| Pricing model | Time & materials, fixed project, offshore development centre | Time & materials, fixed project |
| Min. engagement | Not disclosed | Not disclosed |
| Primary tech stack | C, C++, Embedded Linux | C, Elixir, Nerves |
| Industries served | Automotive, Medical devices, Industrial IoT, Telecom & broadcast | Industrial IoT, Consumer electronics, Energy & EV charging |
L&T Technology Services vs Very: overview
L&T Technology Services
L&T Technology Services (LTTS) is the listed engineering services subsidiary of India's Larsen & Toubro group. It reported more than 23,600 employees at the end of 2025, across 22 global design centres. Embedded systems and VLSI design are among its core business segments, with more than 20 years of embedded work behind them, and its clients include automotive, medical, industrial and telecom OEMs. Like the other large firms on this list, it wins on capacity and process maturity and loses on flexibility for small jobs.
Very
Very is a US IoT engineering firm that grew out of a design and development agency founded in 2011 and now works as a distributed team, with its earlier base in Chattanooga, Tennessee. Directory listings put its size at 51 to 200 people. It builds IoT products across hardware engineering, firmware, mobile apps and data, and it hired a co-author of the Nerves project, which runs Elixir on embedded Linux. Reviews mention hardware, firmware, React Native and AI feature work, so firmware is one part of a broader product offer.
Services and capabilities: L&T Technology Services vs Very
| Capability | L&T Technology Services | Very |
|---|---|---|
| Bare-metal & RTOS firmware | ✓ | ✗ |
| Embedded Linux & BSP | ✓ | ✓ |
| Electronics & PCB design | ✓ | ✓ |
| Wireless & IoT connectivity | ✗ | ✓ |
| Secure boot & OTA | ✗ | ✗ |
| FPGA development | ✓ | ✗ |
| Firmware testing & HIL | ✓ | ✗ |
| Dedicated team model | ✓ | ✗ |
Tech stack comparison: L&T Technology Services vs Very
| Framework / platform | L&T Technology Services | Very |
|---|---|---|
| FreeRTOS | ✓ | N/A |
| Zephyr | N/A | N/A |
| Embedded Linux | ✓ | ✓ |
| Yocto | N/A | N/A |
| AUTOSAR | ✓ | N/A |
| STM32 | N/A | N/A |
| Nordic | N/A | ✓ |
| NXP | N/A | N/A |
| FPGA | ✓ | N/A |
Pricing comparison: L&T Technology Services vs Very
| Criterion | L&T Technology Services | Very |
|---|---|---|
| Minimum engagement | Not disclosed | Not disclosed |
| Engagement models | Dedicated team, Fixed project, Time & materials | Fixed project, Time & materials |
| Rate transparency | Not public | Not public |
| Price tier | Mid-market | Mid-market |
Target audience comparison: L&T Technology Services vs Very
| Dimension | L&T Technology Services | Very |
|---|---|---|
| Best company size | Startup to mid-market | Startup to mid-market |
| Best industries | Automotive, Medical devices, Industrial IoT | Industrial IoT, Consumer electronics, Energy & EV charging |
| Best use cases | Outsourcing firmware and validation for a medical imaging product line, Running a dedicated offshore embedded centre for an industrial OEM | Taking a first IoT product from concept to pilot, Building Nerves-based device software on embedded Linux |
| Typical project type | Dedicated team | Fixed project |
L&T Technology Services vs Very: pros and cons
| L&T Technology Services | |
|---|---|
| + | Capacity to absorb an entire embedded programme, including validation labs |
| + | VLSI and embedded under one contract helps on chip-plus-firmware work |
| + | Listed company with detailed public financial reporting |
| - | Large-firm engagement minimums rule out small products |
| - | Firmware is one practice among many engineering services |
| - | Account teams can change over long engagements |
| Very | |
|---|---|
| + | Combines product strategy, design and engineering for teams new to hardware |
| + | Nerves experience is rare and useful for Elixir-based device software |
| + | Delivers the device, app and data platform together |
| - | Firmware is one part of a product agency offer |
| - | US rates without a lower-cost offshore option |
| - | Office location and headcount details vary between sources |
Who should choose L&T Technology Services?
A typical fit: outsourcing firmware and validation for a medical imaging product line.
Very large engineering services capacity with embedded, VLSI and testing under one contract. Minimum engagement is not publicly disclosed. Works best with clients in Automotive, Medical devices, Industrial IoT, Telecom & broadcast.
Who should choose Very?
A typical fit: taking a first IoT product from concept to pilot.
Product-strategy-led IoT development with Nerves and Elixir experience. Minimum engagement is not publicly disclosed. Works best with clients in Industrial IoT, Consumer electronics, Energy & EV charging.
Decision matrix: L&T Technology Services vs Very
| Your situation | Recommended choice |
|---|---|
| You need full-ownership delivery on a defined project scope | L&T Technology Services |
| You need a large dedicated team for an ongoing programme | L&T Technology Services |
| Your budget is at the lower end | Compare: L&T Technology Services (Not disclosed) vs Very (Not disclosed) |
| You need specialist depth in a specific vertical | L&T Technology Services |
| You need engineers to extend your own firmware team | L&T Technology Services |
| You need consulting before committing to a build | Both may offer discovery engagements |
Use case fit: L&T Technology Services vs Very
| Use case | L&T Technology Services fit | Very fit | Winner |
|---|---|---|---|
| Outsourcing firmware and validation for a medical imaging product line | Strong | Limited | L&T Technology Services |
| Running a dedicated offshore embedded centre for an industrial OEM | Strong | Limited | L&T Technology Services |
| Taking a first IoT product from concept to pilot | Limited | Strong | Very |
| Building Nerves-based device software on embedded Linux | Limited | Strong | Very |
| Fixed-price firmware build | Strong | Strong | Both |
| Extending an in-house firmware team | Strong | Strong | Both |
Verdict: L&T Technology Services vs Very
L&T Technology Services (3.9/5) is the stronger overall choice for most Firmware Development projects. Very large engineering services capacity with embedded, VLSI and testing under one contract.
Very (3.8/5) is worth a look if you need building Nerves-based device software on embedded Linux. If your situation matches that, Very is a competitive option.
Related comparisons
L&T Technology Services vs Very FAQ
Is L&T Technology Services better than Very?
L&T Technology Services (3.9/5) scores higher overall, but "better" depends on your use case. L&T Technology Services's strongest advantage: capacity to absorb an entire embedded programme, including validation labs. Very's strongest advantage: combines product strategy, design and engineering for teams new to hardware.
How do L&T Technology Services and Very differ in pricing?
L&T Technology Services uses time & materials, fixed project, offshore development centre pricing. Very uses time & materials, fixed project pricing. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.
Which is better for enterprise: L&T Technology Services or Very?
Very is the larger team and typically the better enterprise-scale choice. For very large programmes, verify team size and compliance coverage directly with each service provider before shortlisting.
What are the main differences between L&T Technology Services and Very?
L&T Technology Services's primary differentiator is: very large engineering services capacity with embedded, VLSI and testing under one contract. Very's primary differentiator is: product-strategy-led IoT development with Nerves and Elixir experience. They also differ in team size (20,000+ vs 51–200), minimum engagement (Not disclosed vs Not disclosed), and primary industries served (Automotive, Medical devices vs Industrial IoT, Consumer electronics).
Verify all details directly with each service provider before making a decision.