LARION JSC

What LARION JSC does

LARION JSC is a privately-held Vietnamese IT outsourcing and custom software development company, legally registered as LARION SOFTWARE DEVELOPMENT AND CONSULTATION JOINT STOCK COMPANY and headquartered in Quang Trung Software City, Ho Chi Minh City. Founded in 2003 (formal corporate founding 2004), the company delivers offshore software development services to enterprise clients across 15 countries, with a portfolio of 368+ completed projects and 200+ clients served. LARION operates primarily as a professional services firm with billable developer capacity in the 216–300+ engineer range and offers four engagement models: Offshore Development Center (ODC), Time & Material, Fixed-Price, and Build-Operate-Transfer (BOT).

The company's service portfolio spans the full software development lifecycle, including custom software development, mobile application development (iOS/Android and cross-platform), QA & testing, DevOps and CI/CD, software integration, data management & analytics, and a specialized core banking modernization offering branded SurroundCore Banking Solutions. Technology stack breadth covers Python, Java, Node.js, React.js, Vue.js, PostgreSQL, MongoDB, AWS, Google Cloud, Azure, AI/ML, blockchain, and IoT. LARION holds ISO 9001:2015, ISO 27001:2022, and CMMI Level 3 certifications. Its AI capabilities are delivered as services — generative AI, LLM integration, AI agents, NLP, anomaly detection, predictive analytics, and process automation — primarily targeting financial services, healthcare, education, e-commerce, and real estate verticals.

LARION's commercial model is B2B enterprise outsourcing with direct sales and consultative selling; pricing is quote-based with published reference rates as low as $18/hour for offshore developers. GTM relies on content marketing, thought leadership, case studies, and selective industry event participation. The company has no disclosed institutional investors, parent company, or funding rounds, operating as a bootstrapped, independently-owned joint stock company. Its most significant strategic anchor is the NAB (National Australia Bank) Innovation Centre Vietnam partnership established in 2019, which has scaled to multiple offices and hundreds of staff.

Name

LARION JSC

Legal name

LARION SOFTWARE DEVELOPMENT AND CONSULTATION JOINT STOCK COMPANY

Website

https://larion.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

LARION JSC is a privately-held Vietnamese IT outsourcing and custom software development firm, founded in 2003 and headquartered in Ho Chi Minh City, delivering offshore software, AI, and core banking modernization services to enterprise clients across 15 countries via dedicated-team, fixed-price, and BOT engagement models.

Ownership category

akta.pro rank

Product category

IT Outsourcing & Software Development Services

NAICS

Computer Systems Design and Related Services (5415), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Offshore Development Center (ODC) / Dedicated Team Services (BPAEAMAL)

akta.pro secondary industries

DevOps Consulting & Transformation (BPAEAKAA), Managed DevOps / Platform Operations (Run & Operate) (BPAEAKAO)

Keywords

• Offshore software development
• IT outsourcing services
• Custom software development
• AI development services
• Core banking modernization

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional IT Outsourcing Services: LARION generates revenue primarily through professional IT outsourcing services, charging clients for software development, QA/testing, DevOps, data analytics, and software integration services. They offer multiple engagement models including Project-Based (fixed price), Time & Material (resource-based billing), Dedicated Team (monthly retainer for exclusive team), and BOT (Build-Operate-Transfer). Revenue is generated through billable consulting and development hours, with pricing cited as low as $18 per hour for developer resources.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

LARION JSC is a Vietnam-based IT outsourcing company that delivers offshore software development services to global enterprises and startups. The company provides end-to-end software engineering across the SDLC—including custom software development, mobile application development, AI/ML development, QA and testing, DevOps, software integration, data management and analytics, and core banking modernization—delivered through flexible engagement models such as Dedicated Team (ODC), Time & Material, Fixed-Price, and Build-Operate-Transfer.

Product overview

LARION is an IT outsourcing company offering a comprehensive portfolio of software development and consulting services. Their service offerings include AI Development Services for custom machine learning and AI agent solutions, Custom Software Development with Agile/Scrum methodologies, Mobile Application Development for iOS/Android, QA & Testing Services, DevOps Services & Solutions, Software Integration Services, Data Management & Analytics, and Core Banking Modernization. These services are delivered through flexible engagement models (offshore development centers, time & material, fixed-price, build-operate-transfer) to clients across banking, fintech, healthcare, education, e-commerce, and real estate industries in 15 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Development Services
• Custom Software Development Comprehensive end-to-end software development covering the entire SDLC using Agile and Scrum methodologies, flexible team scaling, and 24/7 support aligned with global quality standards, targeting enterprises and startups needing bespoke software solutions.
• Mobile Application Development Native and cross-platform mobile application development for iOS and Android, delivering responsive, scalable, and functional applications with focus on performance and user experience for enterprise and startup clients.
• QA & Testing Services Comprehensive quality assurance and testing services spanning manual, automated, functional, and security testing to ensure software reliability and minimize risks for client software products.
• DevOps Services & Solutions DevOps services applying AI/ML, CI/CD pipelines, automation, and cloud infrastructure management to ensure faster releases and improved reliability for client software delivery operations.
• Software Integration Services Services to connect diverse systems and technologies, bridging legacy and modern platforms, APIs, cloud services, and enterprise applications for smoother workflows and data-driven decisions.
• Data Management & Analytics Comprehensive data management and AI-powered analytics solutions covering data collection, storage, visualization, and predictive insights to enable data-driven business decisions for enterprise clients.
• Core Banking Modernization Solutions for modernizing core banking systems, addressing synchronization issues, loan approval processing, and operational efficiency for financial services institutions including banks and fintechs.

Quantifiable outcome

• 95% Client Satisfaction Rate
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature3 records

Partnerships

One partnership is on record.

• NAB (National Australia Bank)coreStrategic or Co-development Partner · 1 January 2019NAB established the NAB Innovation Centre Vietnam (NICV) in 2019 as a dedicated offshore development center. NICV has grown significantly with three offices across Ho Chi Minh City and Hanoi, employing hundreds of skilled software developers, data scientists, data analysts, and digital designers. NICV collaborates with NAB's Australian team on digital transformation initiatives including the development of AUDN, a stablecoin for blockchain-based Australian dollar transactions.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• TMA Solutions: Vietnam-based IT outsourcing company with a long track record in custom software, embedded, and banking/fintech solutions. Directly comparable to LARION in service mix, delivery model, and targeted verticals.
• FPT Software: Largest Vietnam-headquartered IT outsourcing and software services firm, offering custom software, AI, cloud, and dedicated team delivery to global enterprises. Closest geographic and service-line competitor to LARION at significantly larger scale.
• KMS Technology: Vietnam-focused software development services firm with strong US and APAC enterprise client base in finance, healthcare, and education. Comparable to LARION in offshore delivery model and customer mix.
• Rikkeisoft: Vietnam-based offshore software development company delivering custom applications, mobile, AI, and DevOps services to Japanese, Korean, and Western enterprises. Comparable in service breadth and ODC-style engagement model.
• NashTech: Vietnam-headquartered IT services and digital engineering provider with notable banking, financial services, and insurance exposure. Closely comparable to LARION in target verticals and dedicated-team delivery.
• Saigon Technology: Vietnam-headquartered IT outsourcing company offering custom software, AI, DevOps, and QA services to US, European, and APAC clients. Comparable scale, service portfolio, and offshore engagement model to LARION.
• Savvycom: Vietnam-based software outsourcing firm specializing in custom development, mobile, cloud, and AI for global enterprises and startups. Direct peer in offshore delivery model and target customer segments.
• Axon Active: Vietnam/Switzerland-based software outsourcing firm with delivery centers in Vietnam serving European and US clients in finance, medtech, and edtech. Comparable in offshore delivery model, regulated-industry focus, and dedicated team engagement.

Broad incumbents

• EPAM Systems: Global digital engineering and offshore software development services provider with significant Eastern European delivery footprint. Comparable in offshore delivery and digital transformation services, but at substantially larger scale and broader portfolio than LARION.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LARIONJSC
• YouTubeyoutube.com/@LARIONCoLtd
• Facebookfacebook.com/LARIONSolutions
• LinkedInlinkedin.com/company/larion-computing-ltd-

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LARION JSC