India (#APAC, #EmergingMarkets)
Platform Engineering & Technology Transformation
While operating since 2006, Payworld had grew steadily. In 2015, not only the thin margins of the businesses required a significant improvement in operational efficiency through process automation, but also legacy technology platform was hurting the scale of business in the light of increasing competition. Considering the complexity of current and prospective businesses, Payworld decided for a complete technology transformation to a new age agile, scalable and secure platform.
The Technology Transformation journey of Payworld was initiated with the following objectives in mind
The Technology Transformation journey of Payworld was significant mix of new system development and refactoring of existing systems.
While the initial Technology Transformation Journey continued between 24 - 30 months,
and development of new modules continued for 6+ years.
Abhishek and the team helped us reach a major technological transformation from using a legacy platform to a new-age agile and highly scalable platform. The team enhanced our operational efficiencies by automating & centralising management of many business processes which resulted in 15x growth of business in five years.