Vendor Analysis
published on Dec 19, 2022
Report Overview:
This NelsonHall vendor assessment analyzes LTI's offerings and capabilities in Cloud, SaaS, and BPaaS services for the banking and financial services sector
Who is this Report for:
NelsonHall’s ‘Transforming Financial Services with Cloud, SaaS, and BPaaS Services’ profile on LTI is a comprehensive assessment of LTI’s offerings and capabilities for the BFS sector, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Cloud, SaaS, and BPaaS processes and identifying vendor suitability for Cloud, SaaS, and BPaaS services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of LTI’s BFS-focused Cloud, SaaS, and BPaaS service offerings, capabilities, and market and financial strength, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
Larsen & Toubro Infotech (LTI) has delivered consulting and IT services to the BFS industry for two decades. The BFS industry accounts for 33% of LTI revenues. LTI’s cloud practice across all industries has 240 active clients and employs 7.5k cloud practitioners. LTI’s cloud practice focuses on user experience, multi-cloud governance, operations security, and cost optimization.
On November 14, 2022, LTI and Mindtree combined into one entity named LTIMindtree. Refer to the Mindtree profile published Nov. 9, 2022 for information on Mindtree’s business. Each vendor’s profile for this market assessment is based on interviews made before the merger. The vendors have little overlap in BFS offerings and clients. The merger provides an opportunity for the combined entity to cross-sell services to the other vendor's clients.