There are 7 Companies in Lithuania
that provide ERP Consulting Services!

In the past 10 years, Lithuania developed its IT industry and infrastructure. Projects like e-Lithuania, e-residency, and VR Lithuania among others, transformed the country into a fully digitalized hub in the Baltic region. 

The IT sector itself plays an important role in the Lithuanian economy, registering a 739 millions Euros turnover in 2020. Also, ~4.0% of the entire Lithuanian workforce is enrolled in the IT industry, for those 4200+ digital companies that export their services in 130 countries. 

Why working with Lithuanian IT companies

Essential e-solutions in Lithuania that enable the digital society to function smoothly were all built by local Lithuanian companies. This enhances the reliability of Lithuanian IT companies not only locally but also worldwide - about this we will relate a bit later. 

The already built digital system in Lithuania, already tells a lot about Lithuanian IT companies that perform excellently, and are becoming more and more attractive not only for companies but also for skilled professionals that are enjoying preferential conditions. 

So, after all, why you should work with Lithuanian IT companies?! 

• Skilled workers - that provide high-level digital services

• Open market - that facilitate and ease the access to IT resources and companies services

• Low taxes - compared with other European countries, Lithuania helps local IT and tech companies generate sales, by cutting taxes - which can reflect a lower price/project for the end customer

• Healthy business environment  - a well-established communication between businesses is assured 

What you should pay attention to when working with Lithuanian IT companies

However, working with Lithuanian IT companies can be also tricky. Even though the post soviet reminiscences are not visible, you still can hit Russian Lithuanians that are providing the same IT services, but on a relatively lower quality, and in a very specific manner. Roughly, some of the companies are only benefiting from the developed IT environment in Lithuania, but don’t follow the same guidelines as the wide majority of companies do. 

Another challenge is the limited human resources that Lithuanian companies can have. The country’s population is just above 3 million people and 6% of it is simply not enough to cover all market demands, so possibly it would be difficult to find an available IT company based in Lithuania to take a big project or so. 

How developed is Lithuanian IT Infrastructure

Lithuania ranks among the top European countries with the highest IT infrastructure. As mentioned previously, its digital transformation made the country one of the regional leaders in innovation. But even so, the country is still not done yet with developing its IT capabilities. 

How does the Lithuanian IT industry perform compared to the neighboring countries?

In the Baltics, Lithuania is a detached leader in IT. Latvia and Estonia are behind simply because they focused on developing other sectors. But the Lithuanian performance is also motivated by people’s attachment to digital technologies.  The continuously growing number of digital agencies confirms once again that Lithuania ranks better than neighboring countries. 

But speaking about Lithuania as an extension to Europe’s northern region, the country is in tight competition with Latvia and Estonia, which also find themselves somewhere in the first half of the European IT community. 

Compared with those two countries, Lithuanian companies will rather provide lower prices for their IT and digital services and products, but at the same time, Lithuania has way more limited resources than Estonia or Finland. 

All in all, Lithuania is a great country to consider for digital projects, and local companies' rich experience with digital transformation can make a difference in their projects. 

Lithuania's Tech in 2022 - Update

Considering the progress Lithuania made throughout the last 3 years, is no wonder that 2022 will be another good period for the ICT and especially local IT companies. Lithuania is abundant with news and tech-related events meant to  encourage startups and entrepreneurship. As a direct result of continuous efforts invested in ICT, Lithuania got the #10 global position in FinTech and has over 42K ICT specialists employed in the tech sector as of December 2021. With this speed, Lithuania is estimated to become more than just a competitive country in the region. 

ERP Consulting Services are like having a seasoned guide to navigate your business through the complex world of Enterprise Resource Planning (ERP). When it comes to optimizing your business processes, streamlining operations, and enhancing overall efficiency, ERP Consulting is the key that unlocks a world of possibilities.

According to Allied Market Research, the global ERP software market is expected to reach $78.4 billion by 2026

These comprehensive services encompass everything needed to implement, upgrade, or customize an ERP system tailored to your business's specific needs. ERP Consulting professionals offer strategic planning, requirements analysis, system configuration, data migration, integration, training, and ongoing support. It is a journey of transformation, where businesses embrace cutting-edge technology to propel their growth.

To provide ERP Consulting Services, companies utilize a wide array of tools and technologies. They leverage state-of-the-art ERP software solutions designed to handle various aspects of business operations, including finance, human resources, supply chain management, and customer relationship management.

ERP Consultants also use business process mapping tools to analyze existing processes and design efficient workflows within the ERP system. Additionally, data analytics and reporting tools enable businesses to gain valuable insights from their ERP data, facilitating better decision-making and strategizing for the future.

Companies seeking ERP Consulting Services have several options to choose from:

• ERP Implementation Partners: Specialized IT companies that focus solely on ERP implementation and customization.
• Digital Agencies: Some digital agencies offer ERP Consulting as part of their comprehensive technology and business process optimization services.
• ERP Vendors: Many ERP software vendors also provide consulting services to assist businesses in getting the most out of their ERP systems.

Engaging with a specialized IT company or digital agency for ERP Consulting Services brings numerous benefits for businesses:

• Enhanced Efficiency: ERP Consulting optimizes business processes, leading to increased efficiency and productivity across the organization.
• Streamlined Operations: An integrated ERP system brings all departments together under one platform, fostering better collaboration and communication.
• Scalability and Flexibility: ERP Consultants design systems that can adapt and grow with your business, ensuring long-term success.

Selecting the best ERP Consulting provider for a project requires careful consideration:

• Industry Expertise: Look for a provider with experience in your industry, as they will better understand your unique requirements and challenges.
• Track Record: Evaluate the provider's past ERP projects and success stories to gauge their capabilities.
• Customization: Ensure that the ERP Consulting provider can tailor the system to suit your business needs.

TechBehemoths is a valuable resource for finding ERP Consulting Services companies. With over 134 companies listed on the platform providing ERP Consulting services across 33+ countries, businesses can explore a diverse range of options.