Larsen & Toubro Infotech
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Larsen & Toubro Infotech Ltd | |
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Type | Private |
Founded | Mr Henning Holck-Larsen and Mr Soren Kristian Toubro |
Headquarters | Mumbai, Maharashtra, India |
Key people | Vijay Kumar Magapu, Chief Executive |
Industry | Software services |
Employees | 10,000 |
Website | lntinfotech.com |
Larsen & Toubro Infotech Ltd (L&T Infotech) is a leading Indian company providing Information Technology consulting and Software Services & solutions. It is a 100% subsidiary of the one of Asia's largest organizations, Larsen & Toubro Limited.[1]
L&T Infotech is among the first few software companies in India to be awarded the ISO 9001:2000 certification. It employs standards of the Software Engineering Institute's (SEI) Capability Maturity Model (CMM) and is a certified Level 5 organization. It has been assessed at PCMM Level 5, ver-2.0 across all its centers. The Customer Competence Center (CCC), set up and managed by the SAP Practice of L&T Infotech, has received the CCC certification from SAP.
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[edit] History
Originally founded as L&T Information Technology Ltd (LTITL), a wholly-owned subsidiary of Larsen & Toubro Ltd (L&T), the company changed its name to L&T Infotech on 1st April, 1997[2]. In 2004, it tied up with Fidelity Information Services, a division of Fidelity National Financial to provide banking solutions for the Indian banking industry[3]. In 2005, L&T Infotech was rated amongst the top 5 preferred employers for the class of 2005 by AC Nielsen.
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, for an undisclosed consideration.[4][5]
In April 2007, The Economic Times reported that L&T Infotech Ltd. is looking to buy three to four firms with revenues of $50 million or less in the banking and financial services segment.[6]
In February 2008, L&T Infotech stated that it will acquire a US firm in the manufacturing vertical for about $300 million within a year.[7]
[edit] Key industries
The company offers software solutions and consulting services in areas like:
- Domain Specific: Financial services, Telecom, Utilities, Manufacturing.
- Technical Solutions: Enterprise Resource Planning (ERP), Enterprise System Integration,Enterprise Application Integration(EAI),Business to Business(B2B), E-Commerce Strategy Consulting and Implementation, Supply Chain Management (SCM), Mobile business Applications, Customer Relationship Management (CRM), Mainframe Services.
- Other Areas: Retail and Remote-maintenance of legacy systems, Logistics and Transitioning, Health Care and Hospitality.
L&T Infotech has alliances with IBM, Microsoft, Oracle Corporation, Computer Associates, Siebel, SAP, JD Edwards, Sun Microsystems, Hewlett Packard,webMethods and other companies.
[edit] Offices
The company's headquarters are located in Mumbai. It has 14 international offices, spread over USA, UK, Asia Pacific, Middle East and South Africa. In India, it has six software development centers at Mumbai, Navi Mumbai, Pune, Bangalore, Chennai and Mysore. The company also has a Proximity Development Center in the USA. A new development centre is being built at Kochi, India.
[edit] References
- ^ Company profile. Larsen & Toubro Infotech. Retrieved on 2007-07-30.
- ^ Renamed L&T Infotech
- ^ L&T, Fidelity in pact to offer banking soln
- ^ L&T Infotech acquires GDA Technologies (2006-12-13). Retrieved on 2006-12-13.
- ^ L&T Infotech acquires GDA Technologies
- ^ L&T Infotech looks to acquire 3-4 firms - paper
- ^ "L&T Infotech eyes US firm in manufacturing domain", Economic Times, The Times Group, 14 February 2008. Retrieved on 2008-04-17.