Mumbai : Leadging global IT services providers L&T Infotech has announced a strategic partnership with IBM in the Business Process Management (BPM) space, using its WebSphere Lombardi Suite of products.
Through this partnership, L&T Infotech and IBM aim to offer BPM solutions, including business process modeling, implementation, integration solutions and services to its clientele. Leveraging Lombardi, a company statement said on Monday.
L&T Infotech is launching customizable BPM solutions in the areas of Banking & Financial Services like corporate loans, know your customer, credit card issuance, accounts payable and insurance (claims processing, underwriter workflow).
The statement quoted Abhay Chitnis, Vice President & Head of Technology, L&T Infotech,as saying, ?With rapid evolution of IT in recent years, enterprise IT landscape has become increasingly complex. All organizations are striving to improve agility and scalability of the intra and inter-enterprise eco-systems.
Our IBM partnership is in line with our constant endeavor to provide added value to our clients.
The leadership position enjoyed by IBM Lombardi in the BPM space coupled with L&T Infotech?s domain knowledge and modeling accelerators, provides a unique value proposition to our clients, especially in Banking & Financial Services sector.?
Pradeep Nair, Director – Software Group – IBM India/South Asia, said, “Business Process Management (BPM) software and services from IBM help organizations optimize business performance by discovering, documenting, automating, and continuously improving business processes to increase efficiency and reduce costs.
We know that the combination of IBM Lombardi?s class-leading BPM technology and L&T Infotech?s depth of industry expertise will deliver superior value and most importantly, near-term return on investment, to our clients.?
Leading analysts have predicted the BPM market size figure of $2.6 billion globally by 2011.
L&T Infotech has a dedicated practice that focuses on Business Process Management, Enterprise Application Integration and Business-to-Business technologies to cover the entire gamut of integration services.
L&T Infotech’s Lombardi Practice has a large pool of trained professionals working on IBM Lombardi BPM technology.
The company provides services for process design & consulting, architecture planning, development, implementation and rollout. The Practice has also developed a set of tools/accelerators which helps reduce the development time.
In addition, the Practice also has developed a set of artifacts/process handbooks for consulting, implementation, migration and maintenance on Lombardi products.
L&T Infotech offers BPM services in several vertical domains such as Banking & Financial Services (BFS), Energy & Petrochemicals, Product Engineering Services (Telecom), Insurance and Manufacturing.
L&T Infotech?s BFS Business Unit focuses on providing business solutions to leading banks & financial institutions across the globe.
Its Domain Competency Cell comprises Subject Matter Experts who are former bankers, chartered accountants, dealers with specialization in areas such as capital markets, wealth management, payments, corporate banking and retail banking.