Apps Run The World

Lycamobile Software Purchases and Digital Transformation Initiatives

Last updated on 2020-08-13 12:28:58

Discover the latest software purchases and digital transformation initiatives being undertaken by Lycamobile and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 5000 Lycamobile employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Lycamobile has purchased the following applications: OpenText Release 16 for Enterprise Content Management in 2017 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Lycamobile is running and its propensity to invest more and deepen its relationship with OpenText 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 Lycamobile revenues, which have grown to $1.50 billions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Lycamobile 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.

About the Customer

 

Lycamobile’s mission is to connect friends and family around the world. As the world’s biggest international mobile virtual network operator (MVNO), Lycamobile provides low-cost, high-quality data and voice services to over 15 million customers across 23 countries. It is now expanding to offer a broad range of financial and travel services, including Lycamoney and Lycafly, that help people stay in touch across borders. Founded in 2006 and with a turnover of €1.5 billion in 2014, Lycamobile continues to grow rapidly and now welcomes a new customer to its family every two seconds.

Scope and Challenges

On 11-28 2017 Lycamobile, the world’s largest mobile virtual network operator (MVNO), has selected OpenText to provide a digital back office for its legal and accounts payable departments. Lycamobile will use multiple products from the OpenText Release 16 platform, including Process Suite, Content Suite, and Contract Center to help cut costs and increase efficiency by digitally transforming its legal and invoice processes.

Outcome and Implications

For the first phase of the project, Lycamobile has deployed OpenText Process Suite to digitize and automate the accounts payable process, and OpenText Contract Center to support its legal teams. Both of these solutions feed into OpenText Content Suite, providing a single, secure source-of-truth for accounts payable and legal documents while reducing the burden of administering physical documents.

Lycamobile teams will generate invoices and contracts digitally, automating key parts of the approval and processing workflows with using Content Suite to store and index documents.

Lycamobile plans to expand its use of Content Suite to support the whole head office, encompassing all invoices and contracts and extending the solution to other departments.

Quotes

"We chose OpenText because of its proven enterprise-grade technology and powerful integrations. We wanted a set of solutions that would integrate with our existing digital systems and support the changes we make in the future. We believe OpenText could deliver just what we needed on that,"  said Prem Sivasamy, deputy chairman at Lyca Group.

"We are looking forward to using OpenText’s digital back office to digitize our infrastructure and processes. With OpenText's platform, including the ability to work across all devices, our processes flow much more smoothly," said Sivasamy.


195 Marsh Wall, Isle of Dogs
London, E14 9SG , x
United Kingdom
44 20 7536 6450
https://www.lycamobile.us/
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Enterprise Software and Cloud Applications being used by Lycamobile


Vendor Old Product New Product Category Market Users VAR/SI When Live
OpenText Legacy Applications OpenText Release 16 Enterprise Content Management Content Management n/a n/a 2017 2018

IT Decision Makers and Key Stakeholders at Lycamobile


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