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The Rise of L&T Infotech

Wednesday, September 1st, 2010

According to the National Association of Software and Service Companies (NASSCOM), L&T Infotech is among India’s top software and service exporters. L&T Infotech was also on the 2009 Global Outsourcing 100 service providers’ list by the International Association of Outsourcing Professionals (IAOP). Global Services ranked L&T Infotech fifth among the best IT services providers in 2009. The company was given the Deloitte Technology Fast 500 Asia Pacific Award for the second time. Recently, L&T Infotech received the Distinguished Service Supplier Award from Freescale Semiconductor, one of its clients for eight years. The award was given for the superior service provided by L&T Infotech. Similarly, it received the best outsourced project award from Hitachi, Japan, for three consecutive years from all overseas vendors.

Backed by the corporate heritage of its parent company, Larsen & Toubro, L&T Infotech is fully equipped to offer tangible benefits to clients. L&T Infotech offers software solutions in banking & financial services, insurance, energy & petrochemicals, manufacturing and product engineering.

L&T Infotech has also made recent forays into media & entertainment, as well as life sciences and healthcare.
As a global IT services and solutions provider, the company serves clients, combining advantages like scale, stability and an understanding of client concerns. The company’s solutions are characterized by a strong domain focus that helps clients maximize the value of their IT investment.

L&T Infotech has been doing business in South Korea for more than ten years and has been particularly active since the establishment of its Korea branch three years ago. Currently, L&T Infotech’s focus has been on product engineering portfolio comprising software services to 2G/3G/4Ginfrastructure and device and semiconductor market segments.

L&T Infotech’s success in Korea results, first and foremost, from its ability to build long-term relationships with clients. For this, it em¬ploys patience and conviction. The company’s Korea branch team has been demonstrating this resolve continuously to win the clients’ confidence. Secondly, L&T Infotech has succeeded in providing world-class solutions and possesses the requisite capability to meet the high expecta¬tions of Korean clients. It has backed it up with the required investment and focus. The company also offers a range of specific services to meet the requirements of Korean companies with a clear focus on the export market.

Apart from product engineering services, L&T Infotech CEO Sudip Banerjee sees untapped opportuni¬ty in Korea in the IT space. Having achieved success globally in these sectors, the company now intends to expand its presence in Korea with its domain-specific IT portfolio. With its proven success in IT deployment for manufacturing (semiconductor, industrial machinery), banking, insurance and energy worldwide, coupled with its decade-long presence in Korea, L&T Infotech is well positioned to be a strong player in this market in the coming years.

What makes L&T Infotech a success story? How has it found a place among the top software companies in India? With revenue quadrupling between 2003 and 2007, credit goes to dedicated and highly motivated L&T Infotech employees. To sustain the tempo, L&T Infotech has de¬ployed systems to attract, train and retain the best talent. Also, proactive actions like investing in delivery centers and IT infrastructure assure the business continuity.

Innovation, another magic word in the global environment, is encouraged at L&T Infotech. Its technology office provides think-tank services and enables creation of solutions for clients. Names like Chevron, Freescale, Samsung, Qualcomm, Hitachi, Motorola, Sony Ericsson and Lafarge consider L&T Infotech their partner of choice. The company strives to be a globally benchmarked provider, a high-value creator for clients and an enriching place of work for employees where innovation thrives with teamwork.

Company sources proclaim that quality is a cost-saver and time-saver and helps to deliver high-quality services and solutions. The com¬pany boasts more than 150 clients, of which 25 are Fortune 100 compa¬nies, and has built long-standing re¬lationships with most of its clients. Armed with the ability and flexibil¬ity to scale up or down according to client needs, L&T Infotech takes on its competitors head on.

An engineering, manufactur¬ing and financial services company, Larsen & Toubro, a $9.8-billion conglomerate, the parent company of L&T Infotech, has undoubtedly passed on its rich heritage to L&T In¬fotech. L&T is still going strong with a seven-decade run in India and is expanding globally.

From product conceptualization to sustenance, L&T Infotech has the right solutions in the field of wireless telecom. The end-to-end software services range from small handheld devices to high availability carrier-grade servers. Catering to the entire mobile communications value chain, the company’s flexible business models offer long-term value to clients. The company’s domain expertise encompasses mobile devices, 4Gtechnologies, next generation networks and home networking. GDA Technologies, an electronics design company which came under the wings of L&T Infotech, enables it to offer complete solutions for the embedded, networking and consumer electronics market.

Energy & petrochemicals companies leverage the value proposition offered by L&T Infotech in the form of information management and IT systems. The company pro¬vides design, engineering, project management, procurement, construction and commissioning services to the hydrocarbon industry. The solutions offered to the energy and petrochemicals sector include information management, IT for physical layer connectivity and major capital projects, besides niche solutions based on emerging technologies.

L&T Infotech’s experience ranges from providing cost-effective application development and maintenance services for all the business processes in the manufacturing industry (covering industrial machin¬ery, auto manufacturers and retail/ CPGcompanies) to being a partner in devising strategic solutions in price management, supply chain improvements, IT re-architecting and process improvements, among others.

Specifically for the high-tech industry, the company serves several Fortune 500 players, including semiconductor manufacturers, electronic component and product distribution, component manufacturing, electronic retail and other industries. The Company’s solutions and services are focused on helping its clients enhance their competitive edge through innovation, flexibility and agility. Its solution accelerators for the high-tech industry help clients crunch time-to-market.

Financial services clients benefit greatly from L&T Infotech’s offerings covering transformational legacy modernization, analytics and testing capabilities. Serving seven of the top 15 global banks in the U.S., U.K., Europe and Asia Pacific, the company enhances the understanding of business processes, business issues and technology issues that strengthen the banking & financial services arena.

L&T’s expertise in treasury-related business operations, asset-backed financing, investment banking, infrastructure and project finance and its recent entry into mutual fund and general insurance have equipped L&T Infotech professionals with extensive experience across capital markets, corporate and consumer banking, asset management and investment banking. Also, technology experts in L&T Infotech assist clients in developing, re-engineering and implementing IT for business solutions.

A thorough know-how of emerging technologies like service-oriented architecture, grid computing and business process management has helped the company service clients optimally. The company strives to improve by application re-engineering and application integration of cross-platform systems to provide seamless interoperability between front and back office personnel and systems. The company’s development methodologies and robust architecture further enhance operational efficiencies aided by the automated high-coverage testing and proactive support for regulatory compliance.

Client organizations depend on L&T Infotech for their commercial grade software development solutions, porting, simulator development, testing solutions and consulting services. L&T Infotech takes care of product conceptualization to complete deployment, besides testing, product enhancement and maintenance.

L&T Infotech’s Business-to-IT Connect differentiator has provided a unique edge to the business success of Fortune 500 companies to derive maximum returns from IT and engineering investments. These clients of L&T Infotech have also benefited from solutions provided by L&T Infotech when it comes to pre-tested domain-specific solutions and customized business intelligence capabilities.

Over and above quality assurance, the company’s application maintenance and support services ensure availability of systems; reduce maintenance and support efforts; and increase productivity. The suite of application maintenance and support services also includes application enhancement request management, upgrade of application platforms and application database migration. The suite also reduces total cost of ownership gradually, passes year-on-year productivity gains, improves application stability and performance; and includes an engagement model.

Fortune 500 companies consider L&T Infotech as a “thought partner” in the consulting realm where L&T Infotech helps accentuate capabilities in global implementation, up¬grade, rollout, application maintenance and support solutions. L&T Infotech also offers consulting services and business transformation services.

SAP-based services are delivered by using a process-based approach rather than a modular approach, enabling the company to put a service-oriented delivery model in place to generate more value. The SAP center of excellence is an innovation engine that promotes use of emerging technologies to find solutions for clients. A preview of the technology allows clients to study its efficacy before actual implementation. L&T Infotech accelerators and frameworks help reduce time-to-market.

L&T Infotech is a world-wide Oracle Platinum Partner. The company’s endeavor to serve the entire value chain has enabled the company to provide and maintain services across Oracle technologies like Oracle E-Business Suite, JDEdwards, PeopleSoft, Fusion Technology, Siebel and EPM/BI among others.

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