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LGS: Diversified Portfolio to Keep the Momentum Strong
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Sify.Com
October 06, 2008
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Lanco Global Systems Ltd (LGS) is a global IT services provider focussed on delivering customised business solutions with expertise in consulting, application management & support (AMS), testing and business process outsourcing (BPO).

Lanco Global recommends 10% final

Business: Incorporated in 1999, Hyderabad-based LGS is SEI CMMI-appraised company with offices in US, UK and India. LGS, along with its two subsidiaries in US - Techorbit Inc and Global It Inc - has a workforce of over 1,250 professionals working on various skill sets.

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LGS offers IT services and solutions to diverse enterprise companies operating in healthcare, manufacturing, energy, retail, financial services, life sciences and chemical industries as well as government agencies through its onsite consulting expertise and offshore development experience.

LGS' consulting services include implementation, application development, upgradation and migration of ERP solutions. Its managed services include application management services and infrastructure support. LGS also provides a range of on-shore and offshore testing and QA services such as test programme management, automation and regression testing, performance benchmarking, and web testing.

The company also offers diversified BPO services in administration, finance and accounting, human resources, payment services, supply chain management, sales, marketing and customer care.

LGS' solution portfolio includes IT governance, compliance and security services, ERP solutions and services, customer relationship management solutions, business intelligence & data warehousing, enterprise application integration (EAI) and enterprise knowledge portal solutions.

LGS has strategic alliances and partnerships with firms like Oracle, Cognos, SAP, Clear Blue, Sitara, Virsa Systems and others helping them offer end-to-end multi-function, enterprise-wide solutions globally. LGS derives almost all its revenues from exports with clients across diverse sectors like GE Energy, Comsys, IBM, BASF, Genpact, Johnson & Johnson, Prudential Financial, Roche, Revlon, Ryan Beck & Co, Aban etc. Based on the segments, consulting contributes the maximum to sales revenues (28%) followed by healthcare (18%), ITeS - telecom (16%), manufacturing (13%), chemicals & pharma (9%), BFSI (8%) and government (4%). The impact of recent banking and financial segment failures in US on LGS' revenues would be lower as they have a minimal market in this sector as of now.

In continuance to its strategy of identifying high value segments, LGS is enhancing and strengthening its service portfolio through investment and marketing of intellect product range and service oriented architecture (SOA) based services.

"We plan to launch new software products in enterprise resource planning, SOA and a business to business tool for e-commerce. We want to offer a B2B tool in a software-as-a-service (or pay per use) model and are also working on developing a hospital and clinical data management application. These are a part of the solution factory, which is an incubator for innovative solutions in upcoming technologies," a company source said.

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