HCL Technologies

HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on 'transformational outsourcing, underlined by innovation and value creation, and offers an integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. 

HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare.

In 1976, HCL started its journey of innovation that still powers the company today. Innovation is not just a buzzword at HCL, it's a part of the company's heritage and DNA. In 1978, HCL developed the first indigenous micro-computer, which was done at the same time as Apple. Ten years later, in 1988, HCL created a fine-grained UNIX multi-processor, three years ahead of Sun and HP.

HCL Technologies was founded on November 12, 1991, in Noida, India, as a separate legal entity when the parent company ventured into the software services business. The company received the certificate of commencement of business in February 1992, and then the name was changed to HCL Consulting Ltd.

In 1996, HCL formed a joint venture, HCL Perot Systems NV, with Perot Systems Corporation to provide access to a high-value client base of Perot Systems. The company started creating wholly-owned subsidiaries to cater to specific geographic regions in 1999. The same year, HCL Technologies was spun off as the information technology and software services arm of the enterprise, after a strong focus on manufacturing for over two decades, with a listing.

In 2000, HCL set up a dedicated offshore development centre in Chennai for KLA-Tencor Corporation, which is a supplier of process control and yield management solutions for the semiconductor and related microelectronics industry. HCL now has a worldwide network of R&D facilities and co-innovation labs, global delivery capabilities, and over 208,000+ 'Ideapreneurs' across 52 countries, delivering holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.

In 2001, HCL entered into a strategic alliance with Nasdaq-listed Vitesse Semiconductor to develop software solutions for global networking markets. HCL Technologies Ltd announced a 100% acquisition of Gulf Computers Inc, USA in 2002. In 2003, BT Group UK's telecom service provider gave a contract worth $160 million for BPO service operations. Also, M.A. Partners brought a wealth of domain expertise and clients, including many of the top Global Investment Banking firms, to the JV. HCL's BPO delivery centre in Chennai was awarded BS7799 certification from the British Standards Institute [BSIs] in 2004.

In 2005, HCL Technologies made a strategic move by acquiring an Irish call centre, which helped the company establish its position as the largest BPO Centre operation in Ireland. The IT market was experiencing a surge in spending in the retail segment and was expected to grow to USD 35 billion worldwide.

Two years later, in 2007, HCL Technologies announced a USD 15 million contract with Alenia Aeronautica to provide engineering services to improve the C-27J Spartan production line. During the year, the company incorporated its wholly-owned subsidiary, HCL Jones Technologies (Bermuda) Limited, while winding up all capital stock of Axon Group Ltd.

In 2009, HCL Technologies expanded its presence globally by setting up branches in Dubai, UAE, Helsinki, Portugal, Finland, and Macau. The following year, the company established a branch office in the USA and amalgamated HCL Technoparks Ltd with the company.

In 2012, HCL Technologies signed an agreement with State Street Bank and Trust Company to provide business process outsourcing services. The following year, the company partnered with Cisco to open the South Africa Centre of Excellence in Johannesburg and signed a long-term IT services agreement with Nokia.

In 2015, HCL Technologies acquired US-based PowerObjects and won an Application Development and Maintenance contract from Deutsche Bank. The company's revenue stood at US$5.92 billion.

The following year, in 2016, HCL Technologies won a five-year Next-Generation Information Technology Outsourcing contract from Husqvarna AB and announced an agreement to acquire all of the business of Geometric Limited, except for the 58% stake that Geometric owns in the joint venture 3 DPLM Software Solutions Ltd. with Dassault Systemes. The company also signed a strategic IT partnership contract with LeasePlan, a global fleet management and driver mobility company. HCL was honoured with the ‘2016 Excellence in Practice Award for Career Development' by the Association for Talent Development.

In 2017, HCL Technologies was chosen as the strategic IT services provider to the Volvo Ocean Race, won a five-year IT infrastructure services contract from Jardine Lloyd Thompson Group and was jointly awarded the ‘Regulatory Testing Project of the Year' at the ‘2017 QA Financial European Software & App Awards' with Deutsche Bank. HCL Foundation was conferred with the ‘Best Innovation in CSR' award for promoting a sustainable and equitable society. HCL was recognized as a ‘leader' in the IAOP Global Outsourcing 100TM rankings for 2017 and was honoured with ‘Partner of the Year' awards at the Dell EMC Global Partner Summit.

In 2018, HCL Technologies was recognized as a leader in the Everest Group report titled "Navigating from Front to Back - Digital Services for Consumer Banking PEAK Matrix Assessment 2018 and Profiles Compendium".

As of March 2019, HCL Technologies had 133 subsidiaries and 8 associate companies. During the fiscal year 2019-20, the company launched a dedicated HCL Microsoft Business Unit focused on Microsoft Technologies.

HCL's mission statement is "to be the employer and partner of choice by focusing on our stated values of Employees First, Trust, Transparency, Flexibility, and Value Centricity." This statement underscores the company's belief that employees are the foundation of its success, and it is committed to creating a supportive work environment that fosters creativity, innovation, and professional growth. 

HCL also strives to build strong partnerships with its clients, based on trust, transparency, and shared values. The company's mission emphasizes the importance of being flexible and responsive to the changing needs of its clients and the industry and being value-centric in everything it does.

The vision statement of HCL Technologies is "to develop globally competitive enterprises that leverage technology for business excellence while nurturing the environment and society." This statement reflects the company's commitment to leveraging technology to drive business excellence and innovation, while also being mindful of its social and environmental responsibilities. 

HCL is dedicated to creating sustainable solutions that reduce the environmental impact of its operations and contribute to the betterment of society.

• Digital Foundation Consulting.
• Hybrid Cloud.
• Digital Workplace.
• Cybersecurity.
• Networks.
• Intelligent Operations.
• Unified Service Management.