Mr. Jeet Chakarborty
Achiever's Success Story
Mr. Jeet Chakarborty: Guiding Companies Through the Complexities of the Digital Realm via iLosung
In the dynamic landscape of India’s SAP and ERP technology industry, Mr. Jeet Chakarborty stands out as a visionary leader. As the Founder and Managing Director of iLosung Private Limited and its global subsidiaries—iLosung Middle East, iLosung SA Pty Ltd, iLosung UK Ltd, and iLosung America—he has significantly impacted the technology sector. With over a decade of experience, he has guided companies through the complexities of the ever-evolving digital realm. The inception of iLosung was fueled by his passion and ambition to create a brand centered around understanding organizational pain points and delivering top-notch tech solutions.
Formally conceptualized in 2018, iLosung began its journey in a modest two-bedroom flat. The relentless efforts, hard work, and unwavering determination of this young entrepreneur laid the foundation, marked by securing the first support order on SAP ECC. As SAP projects came in, iLosung positioned itself as an all-encompassing technology solutions provider. The company extends its services across diverse sectors, including oil and gas, manufacturing, retail, automotive, engineering, FMCG, distribution and logistics, and more. iLosung has played a pivotal role in catalyzing significant transformations, contributing to India’s ascendancy as a global hub for software services talent. It stands out as a pioneer of the Global Delivery Model, earning recognition as one of the premier IT companies originating from India.
Leveraging its extensive expertise in overseeing intricate SAP projects, iLosung offers a comprehensive suite of SAP solutions, including SAP GRC, SAP Ariba, SAP Hybris C4C, SAP SuccessFactors, and OpenText Solutions. With a strong foothold in SAP S/4HANA Implementations, Support, Conversion, and Cloud Services, iLosung emerges as a specialized SAP service provider and a distinctive brand in the industry. Operating as a privately held entity, the company maintains its corporate headquarters in Mumbai, Maharashtra, India, and has expanded its operations across EMEA, ANZ, UAE, USA, and APAC regions.
SAP has recently introduced its public cloud solution, S/4HANA Cloud, foreseeing India’s ascent as one of the leading global markets for cloud services with a projected market size of US$9,220 million in 2024. Additionally, industry-specific ERP solutions are anticipated to secure a 25% market share by 2027. According to SMR’s research findings, SAP commands approximately 3.71% of the overall ERP software market. SAP’s ERP product portfolio spans analytics, expense management, human capital management, and customer relationship management, offering a versatile suite that can be tailored to meet diverse enterprise requirements.
Numerous businesses have adopted SAP ERP due to its proficiency in managing financial transactions, facilitating collaborative decision-making, overseeing product life cycles, and orchestrating supply chain activities. However, SAP implementation is commonly perceived as a complex undertaking involving the integration of SAP with other technologies, customization to align with specific customer needs, and incorporation of data into various databases. Regardless of the enterprise’s size, the sheer volume of data processed through the SAP database is extensive and challenging to analyze. Additionally, effective SAP implementation is resource-intensive and prolonged, demanding a highly skilled workforce and substantial financial investment.
“This is where we at iLosung are making all the difference by helping businesses develop and implement industry-specific, personalized, and customized SAP solutions,” concludes Jeet Chakarborty. Under his leadership, iLosung’s innovative solutions continue to leave a lasting impact in a landscape characterized by constant technological advancements. he and his team have established themselves as integral players in India’s technology-driven business landscape in 2024, making a significant mark in the industry.