MUMBAI, (GNI): Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company has acquired Ruletronics, a pure-play Pega® consulting and implementation company with offices in the UK, USA, and India.
Ruletronics enables businesses to transform and evolve digitally by providing innovative BPM and CRM solutions leveraging Pega Platform. Their current industry strength lies across Insurance, Banking, Healthcare and Retail segments. The company offers unique product based offerings for Disability Claims management, KYC Bulk Remediation, and Insurance Sales & Service applications.
The acquisition will strengthen LTI’s rapidly growing digital business with a suite of capabilities in Pega implementation space around establishing BPM Roadmap & Strategy, Customer Services, RPA and Decisioning.
Nachiket Deshpande, COO, LTI said: “Pega is a leader in Intelligent Business Process Management segment with more than 3,000 customers globally. Ruletronics brings significant Pega and BPM expertise along with unique client relationships that will help us grow our digital business further. I welcome Ruletronics’ clients, employees, and partners to LTI family.”
Naveen Anisetty, Managing Director and Founder, Ruletronics said: “At Ruletronics, our mission has been to understand and analyze our client’s business needs and deliver strategic BPM solutions to transform their business processes forever. We are excited about joining forces with LTI to continue this journey, further.”
This is LTI’s third acquisition since the company went public in 2016. It earlier acquired Pune-based AugmentIQ, an analytics start-up and Luxembourg-based Syncordis Consulting, a leading implementation partner of Temenos, in Europe, stated in the press release.
About Larsen & Toubro Infotech (NSE: LTI, BSE: 540005) is a global technology consulting and digital solutions Company helping more than 300 clients succeed in a converging world. With operations in 30 countries, we go the extra mile for our clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivaled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 26,000 LTItes enable our clients to improve the effectiveness of their business and technology operations, and deliver value to their customers, employees and shareholders. Find more at www.Lntinfotech.com or follow us at @LTI_Global
About Ruletronics: Founded in 2012, Ruletronics is a Silver Partner of Pegasystems providing multitude of service in Pega space. The company helps organisations by building cutting-edge software solutions and products on Pega platform which are highly reliable and also become part of organization’s reusable assets. The company offers unique expertise in Pega® strategic applications for Customer Services, Client on-boarding, KYC, Underwriting and Claims Automation. Ends