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Follow UsThe year 2013-14 has been good for L&T Infotech, a global provider of information technology services and solutions. The company with its strong financial results made its position in the DQ Top20 companies.
The company restructured its organizational structure, and with a view to accelerate profitable growth in the technology space, has appointed Chandrashekar Kakal as its Chief Operating Officer (COO), who will be inducted on the Board of L&T Infotech.
L&T Infotech has partnered with Tricentis, a global leader in enterprise software testing solutions, to become an implementation partner for Tricentis' Tosca Testsuite. By leveraging Tricentis product suite, L&T Infotech will be able to address the complex challenges and deliver innovative solutions to their clients resulting in enhanced value. This partnership will further enable their testing teams to deliver improved time-to-market and greater cost efficiency to their clients.
The company has successfully deployed Oracle Human Capital Management (HCM) Cloud (part of the Oracle Cloud) services at Kalpataru, a major real estate developer in India.
Under this contract, L&T Infotech was involved in understanding business requirements; performing business blue printing and configurations; and managing deployment of the final product apart from providing maintenance and support.
L&T Infotech was also involved in the launch of Bihar State Portal and State Service Delivery Gateway (SSDG) project by the state government.
The state portal, e-Forms, central application, SSDG customization, training on all operations including Portal Content Management System (CMS) and operationalization of the SP-SSDG system are implemented by L&T Infotech.
The project, under the National e-Governance Plan (NeGP) Scheme, Government of India, will streamline work processes at various Bihar public service offices and help departments address citizen applications more effectively.
The state portal offers e-Forms covering about 54 public services and has gone live with three state departments including human resource, labor welfare (employment registration) and Scheduled Caste & Scheduled Tribe (SC & ST) welfare.
During the year, they developed a comprehensive mobile application for L&T Capital Markets (LTCM), which operates in the wealth management space.
The mobile application called WMS (Wealth Management Solutions) is created for the IOS and Android platforms. Customers get convenient access to their portfolios and information on asset allocation; while relationship managers can search for their clients and view details of their asset allocations.
L&T Infotech inaugurated its 11th office in the USA, marking another milestone in L&T Infotech's growth story. By this the company is trying to focus on contributing toward clients' growth by enhancing their partnership and providing value-added services in accordance with changing industry dynamics. Further, they also opened an office in Brussels, the capital city of Belgium. The Brussels office further extends L&T Infotech's presence in the France-Belux region.
It provides a strategic presence for the company in the European Union.
The company has invested significantly over the last 12 months to enhance its presence close to the clients. The management team has been strengthened by additions from across the IT services industry.