TransRe (Transatlantic Reinsurance)

What TransRe (Transatlantic Reinsurance) does

TransR Corporation is a privately-held, founder-led business process transformation consulting firm established in 2011 by Mark J. Silvestri. The firm provides strategic advisory and implementation support to global enterprise clients, with a specialization in digital modernization and Product Lifecycle Management (PLM) deployment. Rather than offering a software product, TransR delivers consulting engagements in which experienced business process architects and change agents help clients define processes, clarify business vision and strategy, and then implement either commercial off-the-shelf (COTS) solutions or custom-developed web and cloud applications where COTS products fall short. The firm's intellectual heritage traces to Life Cycle Solutions, Inc. (LCS), a PLM-focused consultancy founded in 1992, whose assets — including client contracts, logos, trademarks, copyrighted software, methodologies, and courseware — were acquired by TransR effective January 1, 2015.

Name

TransRe (Transatlantic Reinsurance)

Legal name

TransR Corporation

Website

https://transrcorp.com

Company type

Private

Founded year

2011

Operating status

Operating

Short description

TransR Corporation is a privately-held business process transformation and digital modernization consulting firm founded in 2011. It serves global enterprise C-suites with PLM implementation, change management, and custom application development led by founder Mark J. Silvestri.

Ownership category

akta.pro rank

Product category

Management Consulting Services

NAICS

Management Consulting Services (54161), Custom Computer Programming Services (541511)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371)

akta.pro primary industry

Business Process & Digital Transformation Consulting (BPAEAAAD)

akta.pro secondary industries

Digital Strategy & Transformation (BPAHAEAA), ERP, CRM & Enterprise Applications Consulting (BPAHAEAI), Operations & Process Improvement Consulting (BPAHACAB)

Keywords

• Business process transformation
• Digital modernization consulting
• Enterprise change management
• PLM implementation services
• Process transformation advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Strategic Business Transformation Consulting: TransR provides business process architects and change agents who help organizations improve their overall effectiveness and performance. The company engages in strategic enterprise initiatives requiring confidentiality, helping clients achieve targeted transformation through a combination of process improvement and technology implementation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

TransR Corporation provides business process transformation consulting services, specializing in digital modernization for large enterprise clients. The firm supplies senior business process architects and change agents who help organizations clarify business vision, define processes, and then implement both commercial off-the-shelf (COTS) enterprise products and custom web/cloud applications where COTS solutions fall short.

Product overview

TransR Corporation is a business process transformation consulting firm that provides strategic advisory services to help organizations modernize and improve their overall effectiveness and performance. The company specializes in digital modernization, offering consulting services that include business process transformation, enterprise change management, and PLM (Product Lifecycle Management) implementation support. Rather than offering a software product platform, TransR delivers consulting engagements led by experienced business process architects and change agents who help clients define processes, clarify business vision and strategy, and implement both custom and commercial off-the-shelf (COTS) solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Process Transformation Consulting

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Life Cycle Solutions, Inc. (LCS)coreStrategic or Co-development Partner · 1 January 2015TransR Corporation purchased assets of Life Cycle Solutions, Inc. effective January 1, 2015, including client contracts, logos, trademarks and other branding items, copyrighted software, methodologies and courseware. LCS, founded in 1992, was known as an independent PLM solution provider that helped clients succeed through business process transformation, secure collaboration, and development of business plans with solid risk mitigation. LCS engaged in strategic initiatives at some of the world's best-known companies.

Scale indicators1 record

Recent moves3 records

Broad incumbents

• Cognizant Consulting: Major IT services and consulting provider whose digital business and enterprise application services compete for the same digital modernization and transformation mandates TransR pursues.
• Genpact: Large professional services firm focused on digital transformation, process excellence, and enterprise modernization — operates in TransR's same horizontal enterprise transformation market with global delivery capability.
• Accenture: Global professional services giant with a large strategy and consulting practice that delivers business process transformation, digital modernization, and ERP/CRM implementation at enterprise scale — the same core service TransR provides, but at vastly greater scale and breadth.
• Infosys Consulting: Global consulting arm of Infosys delivering enterprise digital transformation, process improvement, and COTS implementation — overlapping with TransR's combined process-and-technology approach.
• McKinsey & Company: Top-tier strategy and transformation advisor that engages with C-suite executives on enterprise-wide change programs — overlapping with TransR's stated C-suite advisory and business process transformation motion, though at the highest end of the market.
• Bain & Company: Global management consultancy with deep transformation and operations practice that competes for the same senior-executive-driven transformation engagements as TransR.
• Deloitte Consulting: Big Four advisory firm whose Human Capital, Operations Transformation, and Technology Transformation practices compete for the same enterprise transformation mandates TransR targets, with significantly larger bench and global delivery.
• IBM Consulting: IBM's consulting arm delivers business process transformation and enterprise modernization, frequently with PLM and ERP implementation at the core — directly comparable service offering to TransR's digital modernization focus.
• Tata Consultancy Services: Global IT services firm with a substantial enterprise transformation and digital modernization practice — directly comparable to TransR's value proposition, but with the scale to deliver multi-year, multi-geography transformation programs.

Emerging players

• Tata Technologies: Engineering and digital services firm with deep PLM and product lifecycle management heritage — the closest niche-comparable peer to TransR given TransR's PLM roots via Life Cycle Solutions, though significantly larger in scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 TransRe (Transatlantic Reinsurance)