Tuesday, Apr 16 2024 | Time 21:50 Hrs(IST)
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Business Economy


Birlasoft emerges as a new Leader in Enterprise Digital

Kolkata, Mar 12 (UNI) Birlasoft, part of the USD 2 billion diversified CK Birla Group,
has completed its previously announced merger with the IT Services division of KPIT
to create a new leader in the Enterprise Digital sector.
The combined entity known as ‘Birlasoft Limited’ is a mid-tier ~USD 500 million
company, listed on the Indian stock exchanges as BSOFT. This strategic coming
together of two respected IT companies, will fuel innovation and provide substantial
benefits to the customers and partners, as it combines Domain, Enterprise and
Digital Technologies to deliver Transformative solutions.
Amita Birla, Chairman, Birlasoft & Co-Chairman, the CK Birla Group, said, “Our
businesses are highly complementary and strategic. By combining the tremendous
strength of KPIT’s IT business, particularly in SAP, Oracle, JDE and other related
areas of manufacturing with Birlasoft’s core strengths in Custom Application
Development and Maintenance in Digital, Sales Force, Data Analytics and Testing,
combined with leading edge Consulting capability, we are now poised to deliver a
much wider suite of capabilities."
"Birlasoft began its most recent transformative journey by adding competence
and capability to its leadership team four years ago, and now as a result of this
merger, we will have significant Enterprise Digital capability in Automotive, Banking
(BFSI), Communications, Consumer Packaged Goods, Energy, Life Sciences &
Manufacturing,” she added.
Commenting on the development, Anjan Lahiri, Managing Director and Chief
Executive Officer, Birlasoft said, “Digital transformation is profoundly changing the
way enterprises are run today as companies look to create business networks of
the future and deliver real time value to their customers. With our sizeable installed
base of customers, Birlasoft is uniquely positioned to help customers unlock their
digital potential.”
He further stated that “Our employees have been the DNA of our success and
we're excited to merge the talent, experience, and capabilities of both teams.”
From a client perspective Birlasoft’s award winning ERP expertise, coupled with
the capability in Product Lifecycle Management, Analytics, RPA (Robotic Process
Automation), Digital Portals, User Experience, IoT, Cloud plus Digital
Transformation & Advisory services will enable them to drive optimal business
outcomes.
Birlasoft was previously named as Partner of the Year in Customer Experience
by SAP for 2019 and named one of the Top 20 Oracle AMS providers by Gartner.
Dharmender Kapoor, Chief Operating Officer, Birlasoft who has been instrumental
in navigating the growth of Birlasoft and also the integration process adds, “If one
looks at the portfolio of clients, capabilities and offerings, there is very little overlap
between both entities. We have created a unique blend and strength of enterprise
solutions and digital capabilities that will enable clients digitalize and transform their
systems through multiple interventions such as customer experience, connected
devices, predictive analytics through automation and machine learning.”
UNI BM
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