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Merger of LTI and Mindtree: Benefits, Challenges, and Recommendations
Two of the Larsen and Toubro (L&T) Group companies, L&T Infotech (LTI) and Mindtree, recently announced a merger to create what could be the sixth-largest Indian IT services provider in terms of overall sales, with a combined annual revenue of more than USD 3.5 billion as of March 31, 2022. The merged entity will be known as LTIMindtree Limited. In this Research Byte, we examine the nuances of the merger, analyze the benefits and challenges for the merged entity, and offer recommendations to enterprise buyers.
June, 2022
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European IT Spending and Staffing Benchmarks 2021/2022: Chapter 11: IT Services and Solutions
Chapter 11 provides IT spending and staffing statistics for the IT services and solutions sector. The category includes software companies, software-as-a-service (SaaS) providers, systems integrators, IT solution providers, business process outsourcing firms, and other providers of technology services and solutions. There are 19 organizations in the sample, ranging in size from around €50 million to about €10 billion in annual revenue.
September, 2021
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IT Spending and Staffing Benchmarks 2018/2019: Chapter 15: IT Services and Solutions Sector Benchmarks
Chapter 15 provides IT spending and staffing statistics for the IT services and solutions sector. The category includes software companies, software-as-a-service providers, systems integrators, IT solution providers, business process outsourcing firms, and other providers of technology services and solutions. There are 24 organizations in the sample, ranging in size from $42 million to $126 billion in annual revenue. (80 pp., 51 fig.) [Full Study Description]
June, 2018
It Services
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