Mumbai, 400021,
India
Life Insurance Corporation of India Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Life Insurance Corporation of India and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 114000 Life Insurance Corporation of India employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Life Insurance Corporation of India has purchased the following applications: Technix BusinessBook Plus for ERP Financial in 2020, SunSmart nTireLegal for Legal Practice Management in 2015, Kentico Xperience CMS for Web Content Management in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Life Insurance Corporation of India is running and its propensity to invest more and deepen its relationship with Technix India , SunSmart Global , Kentico Software or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Life Insurance Corporation of India revenues, which have grown to $98.34 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Life Insurance Corporation of India intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Technix India | Legacy | Technix BusinessBook Plus | ERP Financial | ERP Financial Management | n/a | 2020 | 2020 |
In 2020, Technix India implemented Technix BusinessBook Plus at Life Insurance Corporation of India as an ERP Financial application to automate core accounting, invoicing and inventory reporting. Deployment covered Life Insurance Corporation of India operations across India and focused on centralizing transactional posting and standardized statutory reporting to support GST compliance and tighter financial control.
The implementation concentrated on accounting and inventory functionality within Technix BusinessBook Plus, including general ledger, accounts payable and receivable workflows, invoicing and sales billing, stock valuation and periodic stock reporting. Configuration work included chart of accounts alignment, voucher and invoice templates, inventory masters and batch level stock reporting to improve auditability and support statutory filings. Automation of routine posting and invoice generation was configured to support reconciliation and GST filing workflows.
Operational scope encompassed finance, accounts and inventory teams across Life Insurance Corporation of India sites in India, aligning transactional workflows and reporting cadence to a centralized financial control model. Governance measures implemented in the application included structured accounting procedures, access controls for finance and inventory users, and standardized GST reporting processes within Technix BusinessBook Plus. The stated objective of the deployment was improved financial control and enhanced GST compliance across Life Insurance Corporation of India operations.
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SunSmart Global | Legacy | SunSmart nTireLegal | Legal Practice Management | ERP Services and Operations | n/a | 2015 | 2015 |
In 2015, Life Insurance Corporation of India implemented SunSmart nTireLegal as part of a national rollout to centralize legal case and document management. SunSmart's website lists Life Insurance Corporation of India among its enterprise clients and includes a testimonial from a Legal Head identified as from the Largest Life Insurance Company describing a nationwide deployment of the solution.
The SunSmart nTireLegal implementation aligns with the Legal Practice Management category, and the deployment emphasized central matter management, case tracking, document management, legal workflow automation, and reporting capabilities for the corporate legal function. Operational scope was national across India, focused on the corporate legal department, and governance workstreams targeted centralization of intake, standardized case lifecycle procedures, and document control with the SunSmart nTireLegal application positioned to serve as the centralized platform for case and document management.
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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| Kentico Software | Legacy | Kentico Xperience CMS | Web Content Management | Content Management | n/a | 2016 | 2016 |
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Web Content Management | Content Management |
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2023 | 2023 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Data Platform | CRM |
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2022 | 2022 |
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Customer Experience | CRM |
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2022 | 2022 |
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Data Management Platform | CRM |
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2022 | 2022 |
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Data Management Platform | CRM |
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2022 | 2022 |
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Data Management Platform | CRM |
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2022 | 2022 |
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Data Management Platform | CRM |
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2022 | 2022 |
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Data Management Platform | CRM |
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2022 | 2022 |
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Digital Advertising Platform | CRM |
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2022 | 2022 |
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Digital Advertising Platform | CRM |
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2023 | 2023 |
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IT Asset Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Hardware Asset Management (HAM), Software Asset Management (SAM) | IT Asset Management |
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2018 | 2019 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Identity and Access Management (IAM) | CyberSecurity |
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2025 | 2025 |
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