HCL Technologies Limited provides development of the software, outsourcing of the business process and infrastructural services of information technology, across the globe. The organization also offers the development and maintenance of different computer applications.
Transformation of the SAP landscape is also provided by the organization. HCL Technologies Limited is also into business consulting regarding the oracle. System conversion and management services of Microsoft customer relationship have also been available for the customers of the organization. The company also deals with cloud computing and cloud storage. The company provides cloud analytics, along with the services regarding the innovation of the workplace of different companies.
HCL Technologies Limited provides management services of the supply chain of the inventories and supplies of different companies. The company also provides engineering services of hardware, and it also assists in the management of the product life cycle. HCL Technologies Limited was incorporated in 1976, and it is mainly based in Noida.
About Company Information:
During 1991-1994, HCL Technologies Limited started its business operations, and this was the initiation stage of their business activities. In 1992 the organization got the license and certificate to begin their business. In 1994 the organization was renamed as HCL Consulting Ltd. from its former name HCL Technologies Limited.
In 2006, HCL Technologies Limited entered into a joint venture with Perot Systems Corporation, resulting as the incorporation of HCL Perot Systems NV. This company was formed for accessing a client base, which possesses a high value of the partner organization, namely Perot Systemsation.
In 1999, HCL Technologies Limited concentrated on transformational outsourcing. The company started to work with different clients in different areas which could impact their core business operations. This activity had been aimed for expanding its business functions in the global IT market. In the same year, the organization again renamed to HCL Technologies Limited. The organization began to create many subsidiary companies to work in a specific geographic region and spread their quality of services worldwide. The services got a critical mass appreciation for this move of the organization.
In 2000, HCL Technologies Limited founded a development centre at Chennai, which was set up for the offshore works. The main purpose of the move was to provide management services of the yield and process control of the suppliers of different companies, which is related to the microelectronics industry. The company made a new entirely owned subsidiary organization named HCL Comment, which had entered into a joint venture with Globeset Inc. This joint venture was made for providing security management of the services that might be received from the internet. In the same year, the organization inaugurated professional centre of Nokia in New Delhi. It was the company’s second centre in all over the nation.
In 2001, a contract of the strategic alliance was signed between the HCL Technologies Limited and the Nasdaq-listed Vitesse Semiconductor for developing a solution for the software in the global markets of networks. A strategically planned alliance was also signed between the Toshiba Information systems, which was a well-known Japanese company. This company was set up to develop software which was embedded for Toshiba. Another entirely owned subsidiary company, namely HCL Comnet Systems & Services Ltd started to manufacture web-enabling applications which could make the demand-chain management much easier.
In 2016, HCL Technologies Limited declared their partnership with a container orchestration and datacenter infrastructural company named Mesosphere. The collaboration made the HCL‘s Next-Gen IT and operational capabilities with the Mesosphere’s operating system, which was mainly used in the data centre for providing a unique experience and accomplish the utilization of the efficient resources for the clients of the company. In the same year, the organization declared that the organization would be collaborating with Australia’s Synergy to provide management services of the applications.
In 2017, HCL Technologies Limited collaborated with Red Hat, which was going to be much more beneficial for the organization. This collaboration provides PaaS services to different enterprises globally. In the same year, the organization collaborated with Siemens for providing development of applications, connectivity solutions, and so on.
How HCL Technologies Ltd, is categorized as Information Technology Sector and IT Consulting & Software Industry:
The technology sector is the section of stocks relating to the research, development and/or delivery of technologically based goods and services. The aforementioned sector includes businesses spinning around the manufacturing of electronics, computers, creation of software or products and services relating to information technology.
HCL Technologies Ltd is categorized as Information Technology Sector and IT Consulting & Software Industry. Information technology consulting and software firms extend various services to clients. Based on their speciality, IT consultants plan and design combined hardware, software, and communication infrastructure as per the client requirements. IT consulting industry includes products such as computer application design and development, computer systems design, development, and integration; IT technical support services; IT technology consulting services and IT network and infrastructure design.
HCL Technologies Ltd, Competitors and Sector Peers:
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Nexus Commodities and Technologies Ltd. NEXUCO
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Tata Consultancy Services Ltd. TATA6
Tech Mahindra Ltd. TECMAL
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