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Highlights:
1) L&T Infotech (Larsen & Toubro Infotech), a subsidiary of L&T (Larsen & Toubro is a global IT services and solutions provider company based in Mumbai, India. 2) L&T Infotech is ranked #8 in India IT companies in 2011-2012. The company has 39 registered offices in 22 countries. 3) It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified Level 5 organization. 4) Originally founded as L&T Information Technology Ltd (Read as L&T-IT), a wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company changed its name to L&T Infotech on 1 April 1997. 5) L&T Infotech acquired GDA Technologies (a privately held electronic design firm based in California, USA) and all of its design centers in USA and IndiaLocation of Offices.
Vital Facts:
Founded
1997
Headquarters
Key people
V K Magapu Director
IT services
Services
Revenue
Corporate Profile:
Employees 16,000
Infotech), a subsidiary of L&T (Larsen & Toubro is a global IT services and solutions provider lntinfotech.com Website company based in Mumbai, India. L&T Infotech is ranked #8 in India IT companies in 2011-2012. The company has 39 registered offices in 22 countries. It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified Level 5 organization.
Parent Larsen & Toubro
Originally founded as L&T Information Technology Ltd (Read as L&T IT), a wholly owned subsidiary of Larsen & Toubro Ltd (L&T), The company changed its name to L&T Infotech on 1 April 1997. In December 2006, L&T Infotech acquired GDA Technologies (a privately held electronic design firm based in California , USA ) and all of its design centers in USA and India Location of Offices. L&T Infotech has its presence across the following region.
India : Mumbai (Powai), Navi Mumbai (Vashi, Airoli, Mahape), Pune (Shivaji nagar, Hinjewadi), Bangalore/Bengaluru (Whitefield), Mysore (Hebbal), Chennai (Manapakkam), Hyderabad(Hitech City) USA. Canada. Europe : United Kingdom, Germany, Denmark, France, Sweden, Norway, Finland. Asia Pacific : Japan, Singapore, Korea South Africa. Middle East : Kuwait, United Arab Emirates, Saudi Arabia, Qatar, Oman. Australia & New Zealand.
Milestones:
GDA Technologies Inc.: L&T InfoTech acquired GDA Technologies Inc., a leading Electronic Design Services (EDS) and silicon intellectual property (SIP) solution provider for the Embedded, Networking, and Consumer Electronics Market, in December 2006. Captive technology center of Citigroup Fund Services Canada Inc.: In January 2011, L&T InfoTech acquired the captive technology center of Citigroup Fund Services Canada Inc.
and banking sectors. Dataquest, on the other hand, has reported that domestic IT spending actually fell, by 17% in 2002-3, but predicts a return to growth in 2003-4. Segmentation of Software Products: The various software products can be segmented into the following categories: Banking & Financial Software Enterprise Resource Planning (ERP) Customer Relationship Management (CRM) Supply Chain Management (SCM) Embedded Software Telecom Software Consumer Software Segment
Market Drivers
The need for improved customer service and high global adoption shall drive the Indian CRM market. This will depend on the quality of their customer interactions to retain existing customers and win new ones. The high cost of implementation and low awareness of the accruing benefits is going to prove a major deterrent. Indian Software Industry 1995-2000
Future outlook
The government and the banking finance services and insurance (BFSI) sector drove growth in 2002-03. The year ahead is likely to see the emergence of niche players with domain expertise. As in the year gone by, increasing demand for products from verticals such as BFSI will be a major driver for the development of software products.
L&T InfoTechs strategic move signifies leadership through service and to become India's most respected IT Services Company. L&T InfoTech is committed to providing products and solutions that are of International quality standards, backed by full life cycle support to achieve greater efficiency and cost savings to its customers. It has Long-standing relationships with world leaders in technology for IT Infrastructure and Software Solutions.
Human Resources:
Our deeply committed people are our most important asset. Our teams combine diverse capabilities and profile that range from domain experts to technologists and solution architects. They are united by an unwavering integrity and a strong sense of commitment to our clients. Our people have earned spontaneous appreciation time and again for going that extra mile. We are committed to maintaining a professional, value-driven, work environment where every employee feels fulfilled and respected. We have adopted a multipronged approach to competency development and retention that allows us to attract, retain and build the best talent.
L&T Heritage:
Our parent company is Larsen & Toubro Limited. (L&T), a technology, engineering, manufacturing and construction conglomerate, with global operations. This rich corporate heritage has given us many inherent advantages that we translate into tangible benefits for our clients.
QUICK FACTS:
L&T Infotech Ltd. | [Pick the date]
Over US$ 14 billion revenue 7 decade history in India as premier engineering company and major infrastructure builder Plant and equipment marketed to industries in over 30 countries Manufacturing facilities in India, China, the Gulf Supply chain extends across 5 continents Over 50,000 people, based in plant and offices worldwide
DESIGNATION
L&T: Chairman & Managing Director L&T Infotech: Chairman : Chairman & Managing Director, L&T Infotech: Director
Y M Deosthalee
V. K. Magapu
Whole-time Director & President (IT, Engineering Services and Corporate Initiatives), L&T Infotech: Director
Keshab Panda
L&T Technology Services: Chief Executive, L&T Infotech: Member of the Board
M. M. Chitale
L&T Alliances:
Our alliances allow us to offer best-in-breed solutions to our clients.
Global Services Partner Powered-By-NetWeaver Partner AMS Partner Value Added Reseller for EC&O vertical Partner for 'Safe Passage' SAP Certified Integration Partner Enlisted for participation in International Offshore Partner Program
L&T Infotech Ltd. | [Pick the date]
Worldwide Oracle Platinum Partner: Oracle JD Edwards EnterpriseOne & JD Edwards WorldSoft Oracle E-Business Suite
Referral Partner for two products ScrumWorks Pro Collabnet Team Forge Service Offerings: Training
Oracle PeopleSoft Enterprise Oracle Siebel CRM Oracle Performance Management Applications Business Intelligence Applications Oracle Accelerate Program Partner
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Consulting Partner
Alliance Partner
System Integrator
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Key Challenges
Support large and diverse global workforce Improve access to information Standardize HR processes across locations Replace manual paperbased processes Improve HR efficiency and cycle times
L&T Infotech Ltd. | [Pick the date]
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FINANCIALS:
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(Source: www.lntinfotech.com)
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(Source: www.lntinfotech.com)
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