Lorven Technologies
Rank: 38 Revenue Growth: 142%
Lorven Technologies Inc., is a fastest growing company among many other accolades, providing technology services in the area of Software Development and IT Staff Augmentation services across diverse business domains like Banking, Finance, Securities & Insurance, Telecom & Media, Retail & Manufacturing, Pharmaceuticals & Healthcare and Energy. Bala Shan, President & CEO, says: "We have only scratched the surface of what is possible and cutting edge technologies emerging, which brings in new possibilities about how we can make it better. Our expertise in technology and the ability to understand the market requirements helps our clients to increase their ROI". Shan sat down with Consulting to discuss the firm's revenue growth and overall performance.
Consulting: What were the main factors that contributed to your firm's growth?
Shan: We would like to highlight and contribute our growth through the following factors, Customers—customer satisfaction and retention is the key factor for our growth. Customer demands are delivered with quality services with good turnaround time. Focus—this is the source of our growth. We focus on our strengths and the goals with continuous effort in improving our process, quality and customer satisfaction. Plan—strategic planning with specific goals with required infrastructure and the resources for the execution of the plan has put us on the growth fast track. Execution—execution of the planned strategy is an important factor. We set clear priorities and ensure the strategies have been implemented effectively. Change is the only constant factor, we revise the plans if required. People—people are the key asset of our organization. We hire the best minds, with a drive for achieving their dreams. We strongly imbibe the culture of design thinking to all the associates and thus it kept us challenged and motivated.
Consulting: How is this year shaping up for your firm?
Shan: We are geared up to face the challenges to bring in emerging cutting edge technologies. We will position ourselves with an innovative mindset and become stronger with the latest technology talent pool.
Consulting: Where do you see the most opportunities?
Shan: We are in the process of partnering with clients in various domains providing opportunities for the local talent. Our focus is on proving exceptional quality delivery through effective process. Our continuous effort in creating long-term relationships with our clients will put us on the fast track. One of the promising plans for 2018 would be company expansion in multiple locations.
Consulting: What would you say are your firm's biggest challenges in 2018?
Shan: Competitive client bill rates; change in immigration policies.
Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?
Shan: It strengthens the business platforms, we have already built. It is a great sense of achievement in our organization; it brings reassurance on our quality process among our clients; it is an expansion in business growth in various domains and it provides a better brand image for the organization.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.