Lorven Technologies, Inc. is a provider of professional technology consultancy in the US. The firm provides
high quality and cost-effective strategic solutions to clients supported by
superior staffing and training services,
according to Bala Shan, President and
CEO of Lorven Technologies.
“We offer a wide range of services
in the areas of analysis, design, devel-
opment and maintenance of various
information systems,” he says. “Lor-
ven excels in providing talented, dedi-
cated, and knowledgeable profession-
als with proven industry experience to
Total customer focus, commitment
to quality, and multi-technology ex-
pertise are the keys to satisfying cus-
tomers, he says. Superior project man-
agement skills, extensive experience
in managing multi-location develop-
ment combined with continuous pro-
cess improvement efforts, are the traits
of our delivery methodology.
“Our key assets are our people. Our
ability to understand client needs, de-
liver solutions in a nimble and agile
fashion has resulted in a high retention
rate of clients,” Shan says. Lorven
Technologies consists of highly suc-
cessful entrepreneurs, professionals
and leaders from cross industry func-
That combination helps land Lorven
Technologies at No. 22 on Consulting’s
ranking of the Fastest Growing Firms.
“Lorven Technologies is a fastest grow-
ing company among many other acco-
lades, providing technology services in
the area of product development and
IT Staff Augmentation services across
diverse business domains like Bank-
ing, Finance, Securities & Insurance,
Telecom & Media, Retail & Manufac-
turing, Pharmaceuticals & Healthcare
and Energy,” Shan says.
The firm’s 143 percent revenue
growth proves Lorven’s model is
working. Shan sat down with
Consulting to discuss the firm’s performance,
growth and future.
Consulting: What were the
main factors that contributed
to your exceptional growth
rate between the years 2011
Shan: The main factors for our success included the acquisition of new
clients; working on a large number
of opportunities with a dedicated
team for each client; meeting the clients’ expectations with quality delivery; and, implementing effective
strategies for customer satisfaction.
Consulting: How is 2015
shaping up for your firm?
Shan: 2015 is progressive.
Consulting: How would you
describe your firm’s outlook
for 2016? Where do you see
the most opportunities?
Shan: The firm will be focused on
the following key areas in 2016: Fo-
cusing more on IT Solutions; acquir-
ing more financial clients; and, ex-
tending our services for our existing/
new clients through RPO model.
Consulting: What do you see
as the biggest challenges for
your firm in 2016?
Shan: I think the biggest challenges
are in employee retention and competitive client bill rates.
Consulting: What does being
named one of Consulting’s
Fastest Growing Firms mean
to your firm, your employees
and your clients?
Shan: Being named a Fastest
Growing Firm shows the strength
of the business platforms we have
already built. It brings the sense of
achievement among team members.
It brings reassurance on our quality
process among our clients, and it
helps in building new business with