Asseco Lithuania

What Asseco Lithuania does

Asseco Lithuania (UAB „Asseco Lietuva\") is a Vilnius-headquartered enterprise software company and a wholly-owned subsidiary of Asseco Poland SA, part of the Asseco Group — a Central/Eastern European IT federation ranked among the top ten European software vendors on the Truffle 100 with over 30,000 employees globally. Founded in 1991 (originally as Sigma Americom, later Sigmanta, then Sintagma before adopting its current name in 2007), the company has accumulated 35 years of software development experience and serves primarily Lithuanian public sector institutions, banks, insurance companies, libraries, and utilities. Its customer base includes the Lithuanian Ministry of National Defence, Ministry of Finance, Migration Department, Employment Service, Lietuvos bankas, SEB Bankas, Luminor, Compensa Vienna Insurance Group, Ergo, If P&C, SEB Life and Pension, and the National Martynas Mažvydas Library.

The company develops and maintains a portfolio of proprietary, domain-specialized platforms organized around six core verticals: document and content management (DVS Avilys DMS used by ~1,000 organizations, Avilys SDP ECM platform), libraries and archives (ProLibis for large libraries, MOBIS and MOBIS Cloud for small libraries, the upcoming ekultūra national culture platform), finance and accounting (Saikas W ERP, Atlyginimai payroll, and a Microsoft Dynamics 365 Business Central-based budget and finance system for the Lithuanian public sector), insurance (GDIS on Oracle and LIB-MS on Dynamics 365 for life/pensions, DIS on Oracle and IS Draudimas for non-life), infrastructure (Metropolis Smart City platform compliant with ISO 37120, SAMO enterprise asset management compliant with ISO 55000), and customer service/billing (AUMS Billing family including Smart, Lite, and full CIS tiers, plus the LIVE omni-channel contact center). Underlying technology spans Java, JavaScript, TypeScript, C/C++, C#, PL/SQL on Oracle, Microsoft SQL Server, PostgreSQL, IBM DB2, and SAP SQL Anywhere, with frameworks including Angular, JSF, Spring Boot, and Android SDK.

Asseco Lithuania monetizes through a combination of enterprise software licensing, custom development and implementation services, managed IT infrastructure services, and recurring subscription/SaaS (notably AUMS Billing Smart). Pricing is quote-based, sold via direct enterprise sales with dedicated contact persons per product line, and contracts are typically multi-year. The company holds ISO 9001:2015, ISO/IEC 27001:2022, and ISO 14001:2015 certifications, and its AUMS Billing & CIS product is included in the Gartner Magic Quadrant for Utilities Customer Information Systems. Headcount stands at 250+ employees, 85% with higher education, with more than 160 software specialists and average tenure exceeding 8 years.

Name

Asseco Lithuania

Legal name

UAB "Asseco Lietuva"

Website

https://lt.asseco.com/

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Asseco Lithuania helps in automating business processes by offering information systems and specialized software solutions.

Ownership category

akta.pro rank

Product category

Enterprise Software

NAICS

Software Publishers (51321), Computer Systems Design and Related Services (5415), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Enterprise Content Management (ECM) Suites (HDAEAGAB)

akta.pro secondary industries

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA), iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG), Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC)

Keywords

• Enterprise software solutions
• Document management systems
• Insurance business software
• Public sector IT
• Library automation systems

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Custom Software Development: The company develops custom information systems, software, and specialized software solutions for business process automation. Revenue comes from designing, developing, implementing, and maintaining information systems and software for clients.
2. Software Licensing and Implementation: The company provides software solutions including document management, insurance, financial management, and library systems with implementation and maintenance services.
3. IT Infrastructure Services: The company provides IT infrastructure services including systems migration, maintenance, hosting, project management, and consulting services covering the entire information system lifecycle.
4. AUMS Billing Solutions: Modern billing system family for utilities (electricity, gas, services) with SaaS deployment option or client infrastructure deployment.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Asseco Lithuania develops specialized enterprise software and information systems for organizations to automate their business processes. Core offerings include document and content management systems (Avilys DMS, Avilys SDP), library automation solutions (ProLibis, MOBIS), accounting and finance management (Saikas W, Budget and Finance System), life and non-life insurance management systems (GDIS, DIS, LIB-MS), smart city infrastructure platforms (Metropolis), enterprise asset management (SAMO), utility billing systems (AUMS Billing), and omni-channel contact center platforms (LIVE).

Product overview

Asseco Lithuania offers a portfolio of specialized software products organized around several core domains: document and content management (DVS Avilys, Avilys SDP platform), library management (ProLibis for large libraries, MOBIS/MOBIS debesis for small libraries), finance and accounting (Saikas W ERP with Atlyginimai payroll module, plus a Microsoft Dynamics 365 Business Central-based Budget and Finance solution for the public sector), insurance (GDIS and LIB-MS for life insurance and pensions, DIS and IS Draudimas for non-life insurance), infrastructure management (Metropolis Smart City platform, SAMO enterprise asset management), billing (AUMS Billing family spanning Smart, Lite, and full CIS tiers for utilities), and customer service (LIVE omni-channel contact center with CRM). The Avilys SDP serves as the underlying development platform for the document/content management domain, while the AUMS Billing product line scales from small subscription billing (Smart) through mid-market (Lite) to enterprise utility management (Billing & CIS). The portfolio is primarily sold to Lithuanian and Baltic public sector and enterprise organizations, with solutions for both private and government clients.

Differentiator

Problem solved

Functional benefit

Brands

• Avilys: Document and process management system for efficient information management and process automation
• Saikas W
• MOBIS
• Avilys SDP
• Atlyginimai

Products and services

• DVS Avilys (Document Management System) Document and process management system for efficient information management and process automation for private and public sector organizations. Includes electronic signature support and full document lifecycle management.
• Avilys SDP (System Development Platform) Enterprise Content Management (ECM) platform for capturing, managing, storing, preserving, and delivering information, documents, and data related to organizational processes. Provides tools to configure and build new modules and applications.
• ProLibis (Library Solutions for Large Libraries) Advanced software solution for large national, public, and special libraries, covering all library workflows including cataloguing, acquisition, customer services, and inter-library exchange. Built on PostgreSQL.
• MOBIS (Library Management for Small Libraries) Library management software for small school or organization libraries, enabling full automation of library operations including cataloguing, acquisition, reader services, and online catalogue. Built on open-source platform.
• MOBIS debesis (MOBIS Cloud) Cloud-based version of MOBIS enabling access from any device and any workstation. Full cloud version of the small library management solution.
• Saikas W (Accounting and ERP System) Accounting and ERP system for Lithuanian private and public sector organizations, covering the full accounting process from primary document data entry to financial analysis and balance sheet preparation. Operates on Microsoft Windows.
• Atlyginimai (Payroll Software) Payroll and personnel accounting software for both private and public sector organizations, covering salary computation, sick pay, vacation calculations, tax calculations, and HR administration. Can operate standalone or integrated with Saikas W.
• Budget and Finance Management System (Biudžeto ir finansų valdymo sistema) Budget and finance management solution for the Lithuanian public sector, built on Microsoft Dynamics 365 Business Central. Enables efficient information flow management, fast multi-angle data analysis, and compliance with Lithuanian public sector accounting requirements.
• GDIS (Life Insurance Management System) Flexible life insurance business management system built on Oracle database, covering all major life insurance operations including product design, policy management, claims, reinsurance, and commission tracking.
• LIB-MS (Life Insurance and Pension Fund Management) Complex life insurance and pension fund management solution built on Microsoft Dynamics 365 Business Central. Covers all core life insurance operations, investment insurance, and pension accumulation contract administration with online self-service portals.
• DIS (Non-Life Insurance Information System) Flexible and configurable non-life insurance business management system built on Oracle, covering all major non-life insurance operations including product design, policy management, claims, reinsurance, and commissions.
• IS Draudimas (Non-Life Insurance Management) Desktop-based non-life insurance management system built on SAP SQL Anywhere, covering insurance accounting, claims administration, and contract management with over 200 reports in multiple languages.
• Metropolis (Smart City Platform) Smart City digital platform for city infrastructure management covering public transport, mobility, security, lighting, ecology, and environment. Complies with ISO 37120 standard and integrates IoT sensors with city management systems.
• SAMO (Strategic Asset Management) Strategic Asset Management and Operation platform for managing infrastructure assets (municipal, utility, industrial, transport, telecom) across their full lifecycle. Built on microservices architecture with ISO 55000 compliance support.
• AUMS Billing & CIS Modern billing system family for utilities (electricity, gas) and services, covering automated billing, payment management, debt collection, and customer management. Available as SaaS or on-premise deployment. Includes AUMS Billing Smart (up to 10,000 service contracts) and AUMS Billing Lite (up to 100,000 delivery points) variants.
• LIVE (Omni-Channel Contact Center) Omni-channel customer service management platform with integrated consolidated contact center package. Combines contact center (voice, fax, email, SMS, social, chat, video) with CRM capabilities, enabling 360° customer view across all interaction points.
• ekultūra (National Digital Culture Platform) National digital culture platform providing unified access to Lithuania's digital and digitized cultural heritage content. Developed for the National Martynas Mažvydas Library with 20+ partner institutions, accumulating over 1 million cultural objects.
• eLTSA (Road and Railway Transport Information System) Road and railway transport information system replacing legacy systems for the Lithuanian Transport Safety Administration (LTSA).

Quantifiable outcome

• 35 years of software development experience
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability3 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• OraclecoreTechnology or Integration · 1 January 1997Oracle PartnerNetwork Member since 1997. Oracle partner status was granted and the majority of large information systems are built on Oracle database management platform.
• MicrosoftcoreTechnology or Integration · 1 January 1997Microsoft Silver Partner since 1997. The company uses Microsoft Business Solutions products for insurance and financial management solutions development.
• IBMcoreTechnology or Integration · 1 January 1992IBM Business Partner since 1992. IBM is a strategic partner in many IT projects. The company uses IBM IT infrastructure automation solutions and hardware equipment.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Visma: Nordic enterprise software vendor with a very comparable product mix: accounting/ERP, payroll, document management, and public sector solutions across Northern Europe. Closest functional analogue to Asseco Lithuania's portfolio across SMB and government segments.
• Tietoevry: Nordic IT and software vendor with strong presence in banking, insurance, and public sector — the same verticals Asseco Lithuania targets with DIS/GDIS and Avilys DMS. Comparable vertical mix and enterprise/government customer base.
• DocuWare: Document management system vendor targeting regulated industries, government, and financial services — a close functional analogue to Avilys DMS, especially for SMB and mid-market accounts.
• Duck Creek Technologies: Core insurance software platform for property & casualty and life insurers. Direct competitor to Asseco Lithuania's DIS and GDIS non-life and life insurance suites in the global insurance modernization market.

Broad incumbents

• OpenText: Global leader in Enterprise Information Management and ECM. Competes directly with Avilys SDP and DVS Avilys in the document/content management category but serves a much broader global portfolio.
• Hyland Software: Major ECM and content services platform widely deployed in regulated industries and government. Competes with Avilys in document management for enterprise and public sector accounts.
• Temenos: Global banking and insurance core software platform. Competes with Asseco Lithuania's insurance systems (DIS/GDIS/LIB-MS) and Budget & Finance solution for large financial institution modernization deals.
• Salesforce: Global CRM and customer service cloud platform. Competes with Asseco Lithuania's LIVE omni-channel contact center solution and increasingly targets public sector customers across Europe.

Emerging players

• M-Files: Intelligent information management platform with metadata-driven document management. Emerging competitor to Avilys SDP, particularly in mid-market and regulated verticals outside the Baltics.

Others

• Asseco Poland: Parent company and group leader of the Asseco federation. Operates a largely overlapping enterprise software portfolio (banking, insurance, public sector, ERP) in Poland; sister company and primary shareholder of Asseco Lithuania.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/asseco-lithuania

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Asseco Lithuania