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Liberin Pioneering Innovative Solutions for BFSI Segment

With a relentless commitment to innovation and excellence, Liberin Technologies stands at the forefront of the software development services industry. Specializing in Cloud, Mobility, Web Tech, Data Science, AI, IoT, and Enterprise applications, Liberin has garnered a reputation for delivering cutting-edge solutions tailored to meet the diverse needs of global clientele.

From humble beginnings rooted in Digital Transformation and IT services, Liberin Technologies has evolved into a powerhouse of bespoke software application design and development, leveraging the latest advancements in cloud and mobile technologies. Their journey has been characterized by steady growth, both in terms of the comprehensive suite of IT solutions and geographic reach, ensuring that Liberin remains poised to address the evolving demands of customers worldwide.

Liberin takes pride in its ability to transcend geographical boundaries, working seamlessly with clients across the United States of America, Australia, and beyond. Their robust offshore model, supported by a strong focus on software development processes, enables them to provide unparalleled support and value to clients, irrespective of their location.

Their clientele represents a diverse spectrum, ranging from startups to Fortune 100 companies across BFSI, Healthcare, Industrial Manufacturing, Logistics, Hospitality, Telecommunications, and Automotive sectors. Through the codification and standardization of engineering methodologies, implementation of best practices, and measurement procedures, Liberin ensures consistency, reliability, and continuous improvement in deliverables.

Moreover, Liberin Technologies remains at the forefront of technological innovation, with a dedicated focus on frontier areas such as AI, IoT, Machine Learning, and Blockchain. Their robust R&D initiatives, coupled with a talented team of experts, empower them to pioneer groundbreaking solutions that drive tangible value for their esteemed clients.

As Liberin continues to uphold its commitment to quality, innovation, and client satisfaction, it remains steadfast in its mission to deliver unparalleled services through cost-effective, innovative processes, reaffirming its position as the partner of choice for discerning organizations worldwide.

Prateek Ranjan Sengupta, Co-founder & Director (Products & Services) of Liberin Technologies, recently spoke exclusively with The Interview World at the Startup Mahakumbh 2024. He emphasized Liberin’s innovative solutions across diverse industry verticals and shared his long-term vision for technology offerings and revenue targets. Here’s a breakdown of the key insights from his interview.

Q: What specific innovative solutions is Liberin Technologies developing, and how are these advancements facilitating the resolution of challenges across different industry verticals?

A: We specialize in a diverse array of solutions aimed at elevating customer experiences and enhancing communication channels. Our offerings include robust solutions addressing data protection and privacy compliance requirements. Moreover, we excel in pioneering technologies like leveraging conversational AI for advanced data exploration. With our comprehensive suite of services, we ensure businesses stay ahead in an ever-evolving digital landscape.

Q: What industry vertical does your business primarily cater to, and what specific solutions does it provide within that vertical?

A: Our primary focus has been on the banking and financial sector, where we’ve tailored our services to meet the specific needs and demands of these industries. However, our reach extends beyond to encompass the communications platform as a service, where we actively engage with customers as well.

Within this sphere, our offerings are diverse, ranging from facilitating customer communications to providing a highly efficient short URL product. Unlike many existing short URL products, which typically operate on a subscription-based model and share data externally, our solution is distinctly different. It operates within the confines of the enterprise, ensuring that sensitive data remains secure and confidential. This approach, characterized by a one-time license fee followed by ongoing support, resonates particularly well with banks and financial institutions. They place great value on maintaining control over their data, appreciating the inherent security and privacy benefits our solution affords.

Furthermore, our suite of services includes a powerful tool designed specifically for monitoring the critical hardware and IT infrastructure of banks. This comprehensive monitoring tool offers oversight across various IT resources, encompassing server hardware, operating systems, and applications. Additionally, it accomplishes this with minimal code required, streamlining the monitoring process for users.

Central to our monitoring solution is a single-window dashboard, providing users with a unified view of key performance indicators (KPIs) and service level agreements (SLAs). In the event of any breaches, alerts are swiftly generated and seamlessly integrated with incident management systems. This ensures that responsible parties are promptly notified, enabling timely resolution and maintenance of service levels. Such robust monitoring capabilities serve to bolster operational efficiency and enhance overall system reliability within the banking and financial sectors.

Q: What is the total client count distributed across various industry verticals?

A: At present, our global clientele surpasses 45, with a predominant presence in the US, India, and Australia. Concurrently, we’re diligently venturing into the Middle Eastern market, aiming to capitalize on promising opportunities and broaden our reach to cater to a diverse clientele in that region.

Q: What do you envision for Liberin, and how do you plan to work towards those goals?

A: Our journey began with the establishment of our business as a provider of software services, but as we evolved, so did our vision. We’ve since shifted our focus towards offering comprehensive software solutions, honing in on addressing highly specialized and niche problems. Originally tailored for the financial sector, our solutions have demonstrated remarkable adaptability, revealing opportunities for application across a spectrum of industries.

Our strategy pivots on delivering versatile solutions capable of resolving the multifaceted challenges encountered by various sectors, all within the framework of a single, cohesive toolset. This approach not only streamlines processes but also maximizes efficiency and effectiveness.

In particular, our venture into the realm of artificial intelligence has yielded a groundbreaking development: a cutting-edge data protection and privacy compliance tool. This innovative creation stands at the intersection of regulatory technology (RegTech) and AI, embodying the pinnacle of technological advancement. Furthermore, our emphasis on RegTech powered by AI underscores our commitment to pioneering solutions that not only meet the demands of today but also anticipate and cater to the needs of tomorrow.

Q: What is your current revenue, and what are your revenue projections for the next five years?

A: Currently, our revenue hovers around $1.5 million. However, our future outlook is ambitious, with plans to expand significantly over the next five years. We aim to boost our top line by an impressive 70 to 80 times, reflecting our dedication to substantial growth and success.

Liberin Technologies – Committed to Innovation and Excellence
Liberin Technologies – Committed to Innovation and Excellence
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