DRIVING GROWTH AND EFFICIENCY THROUGH
MERGER SYNERGY
The strategic merger of LTI and Mindtree has brought opportunities
for
the combined organization. LTIMindtree is leveraging the complementary
strengths of the two companies to drive revenue growth and has already
achieved operational excellence by simplifying and optimizing internal
processes, IT systems, and policies as a part of this merger.
DRIVING GROWTH
THROUGH CROSS-SELLING
The merger has resulted in a combination of strengths
and scale. It has created opportunities for cross-selling our
combined Service Line portfolio. We have seen our Service
Lines, such as Digital Engineering, Data, and ERP — that were
unique to one organization — growing faster than other
Service Lines. One example of this is how we could cross-sell
ERP solutions in the technology vertical. While the Interactive
Service Line had external pressure in terms of reduction in
discretionary spending, we could drive cross-selling of the
same in select accounts. Thanks to these Service Lines, we
are emerging as a full spectrum service provider for all our
large accounts.
TALENT UTILIZATION
A large part of the integration and post-integration efforts
was spent on a standardized taxonomy framework between
the organizations. This has created a unified skill currency
across the entire talent supply chain. Based on this unified
currency, we are now in a position to do more accurate
demand-supply matching and better forecasting.
We also integrated our Work Force Management (WFM)
function across the units, and coupled with common
currency, drove greater fungibility of skills. As a result, we
have been able to operate at a higher utilization of 86%+
than standalone organizations.
ENHANCED
PURCHASING POWER
The merger has improved our combined purchasing power.
It has enabled us to secure better pricing and contract terms
with key vendors across various procurement categories,
leading to cost savings. For example, we have actively
worked to optimize our Talent Supply Chain vendor base and
focused on strategic partnerships with our vendors. This has
allowed us to negotiate better contractual terms and secure
volume discounts ranging from 0.5%-3% with the partners.
GLOBAL REACH
While we focused on optimizing office space and resource
use, we ensured that the savings were reinvested to broaden
our outreach. With the increase in the number of clients
in nearshore countries post the merger, we expanded
our delivery presence in countries like Canada, Mexico,
and China. This positions us as a partner of choice for our
global customers.
OPERATIONAL EXCELLENCE
AND SIMPLIFICATION
A key focus has been on streamlining operations and
simplifying the technology landscape. This includes
decommissioning duplicate platforms, adopting the most
advanced systems and processes, harmonizing processes,
and a persistent commitment to employee well-being.
In some areas, such as Finance and Talent Supply Chain,
we have reinvested part of these savings into creating
future-ready and AI-driven processes. In other areas,
like facility administration, these savings have been
captured directly.