HCL Technologies

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HCL Technologies
HCL Technologies logo.svg
Type Public
Traded as BSE: 532281
NSE: HCLTECH
Industry IT service; IT consulting
Founded 1991
Founder(s) Arjun Malhotra, Shiv Nadar
Headquarters Noida, Uttar Pradesh, India
Area served Worldwide
Key people Anant Gupta (President & CEO)
Vineet nayyar vice chairman
Anil chanana cfo
Shiv Nadar (Chairman)[1]
Services Software, IT Infrastructure and BPO
Operating income Increase US$313 million (Q2, 2014)
Total assets Increase US$4315 million (Q2, 2014)
Total equity Increase US$2741 million (Q2, 2014)
Employees 88,332 (Dec 2013)[1]
Divisions Enterprise Application Services
Custom Application Services
Engineering and R&D Services
Enterprise Transformation Services
IT Infrastructure Management Services
Business Services/BPO
Website www.hcltech.com
HCL Technologies Limited is a global IT services company headquartered in Noida, India. It offers [2]
services including software consulting, enterprise transformation, remote infrastructure
management, engineering and R&D services, and business process outsourcing (BPO).
HCL has offices in 26 countries to provide services across industry verticals, including aerospace &
defense, energy & utilities, independent software vendors, manufacturing, professional services,
servers & storage, automotive, financial services, industrial manufacturing, media & entertainment,
retail & consumer, telecom, consumer electronics, government, life sciences & healthcare, medical
devices, semiconductors, and travel, transportation & logistics.[3]
HCL Technologies is on the Forbes Global 2000 list[4] and is one of Asias Fab 50 Companies [5]
HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 5 billion in 2013
(Calendar Year).[citation needed]
Contents [hide]
1 History
1.1 Acquisitions
2 Operations
2.1 Business Lines
2.2 Partnerships
3 Awards and recognition
4 Corporate social responsibility
4.1 Community Initiatives
4.2 Environment Initiatives
5 Corporate Governance Framework
6 References
7 External links
History[edit]

HCL Technologies is one of two companies under HCL Enterprise - a global technology and IT
company with annual revenues of over US$ 6.3 billion. The second company is HCL Infosystems. HCL
Enterprise developed Indias first indigenous micro-computer at the same time as Apple. The
company has been a leader in technological innovation with many world firsts to its credit, including
the first Relational Database Management System (RDMS) in 1983, client-server architecture in
1984, and fine-grained multiprocessor UNIX installation in 1989.[6] HCL Enterprise's R&D division
was spun off as HCL Technologies in 1991 to mark its advent into the software services arena.
Acquisitions[edit]
Company Acquired Country Date Business
CapitalStream Inc U.S.A. 20-Feb-08 Provides lending automation solutions[7]
Liberta Financial Services United Kingdom 16-Jul-08 BPO[8]
Control Point Solutions, Inc. U.S.A. 25-Aug-08 Telecom solutions company[9]
AXON Group Plc United Kingdom 15-Dec-08 SAP consulting company[10][11]
UCS Groups Enterprise Solutions SAP practice South Africa 16-Jul-09 SAP Unit[12]
Post acquisition, CapitalStream was sold to Line Data in March 2013[13]
Control Point Solutions was rechristened HCL Expense Management Solutions. Later, in January
2011, Tangoe acquired HCLs fixed and mobile Expense Management Solutions practice, processing
centers, and support staff located in Alpharetta, GA and East Rutherford, NJ. HCL continues to
provide offshore service and support operations from India[14]
HCL AXON is now HCLs Enterprise Application Services Division
Operations[edit]

HCL has offices in 27 countries across the globe. In APAC and EMEA, HCL has offices in Australia,
China, Hong Kong, India, Indonesia, Israel, Japan, Malaysia, New Zealand, Saudi Arabia, Singapore,
South Africa, UAE and Qatar. In Europe, HCL has offices in Belgium, Czech Republic, Denmark,
Finland, France, Germany, Italy, Netherlands, Norway, Poland, Sweden, Switzerland and the UK. In
the Americas, HCL has offices in Brazil, Mexico, Puerto Rico and the USA.
Business Lines[edit]
Business Services: This group's portfolio includes technical support services, finance and accounting
services, supply chain management, knowledge and legal services, customer relationship
management and human resource outsourcing. Its vertical reach spans banking and capital markets,
insurance, healthcare and pharma, telecom, media, publishing and entertainment, utilities, hi-tech
and manufacturing, retail and consumer packaged goods, and travel, transportation and logistics
industries.
Custom Application Services:This group's portfolio includes application development, application
support & maintenance, application consulting, application integration, application re-engineering &
modernization, and application migration. Its vertical reach spans retail, banking, insurance, media &
publishing, gaming, and life sciences.
Engineering and R&D Services:This group's portfolio includes hardware product engineering,
embedded software and systems development, mechanical engineering, software product
engineering, and engineering out of the box. Its vertical reach spans aerospace and defense,
automotive, consumer electronics, industrial manufacturing, medical devices, networking and
telecom, semiconductor, server and storage, and software products industries.
Enterprise Application Services:This group's portfolio includes global enterprise resource planning,
application maintenance and support, enterprise performance management and business
intelligence, enterprise asset management, and human capital management. HCL offers these
services across SAP, Oracle, and Microsoft technologies. Its vertical reach spans aerospace &
defense, banking services, consumer packaged goods, insurance, government, life sciences &
healthcare, manufacturing & hi-tech, media & entertainment, oil & gas, professional services, retail,
telecommunications, travel, transportation and logistics, utilities industries.To provide full life cycle
suite of enterprise application services, HCL acquired AXON Group Plc, making it the largest
acquisition in tech space by any Indian company.[15] HCL even won the FT ArcelorMittal Boldness in
Business award in 2009 for this strategic acquisition[16]
Enterprise Transformation Services:This groups service portfolio includes business transformation,
technology transformation, data warehousing and business intelligence, middleware and SOA,
enterprise content management and portals, independent verification and validation, IT governance
and process quality consulting.
IT Infrastructure Management Services:The groups portfolio includes cloud computing, end user
computing, data center transformation, network transformation, information security, integrated
operations management, cross functional services, mainframe and AS/400, and system integration.
Its vertical reach spans automotive, chemical, energy (oil & gas) and utilities, financial services, hi-
tech, insurance, manufacturing, retail, travel, tourism & logistics, banking, consumer electronics,
food, beverages & tobacco, independent software vendors, life sciences, healthcare &
pharmaceuticals, telecom, media, publishing & entertainment.
Partnerships[edit]
HCL's ecosystem consists of close to 100 companies in various technology areas with which they
have formed go-to-market alliances, specialist partnerships for niche technologies, and teaming
partnerships for specific customers.
HCL's Top Global Strategic Alliances: Microsoft, Cisco, EMC, SAP
Other Strategic Alliances: Oracle, IBM, TIBCO, HP
Specialist Partnerships: Salesforce, Informatica, SAS, BMC Software, Net App, CA Technologies,
VMware, Pega, MicroStrategy, Teradata, Avataq, Misys, eBaoTech, JDA, Guidewire, Amazon Web
Services, Hybris, Appian
Awards and recognition[edit]

HCL Technologies has appeared on Bloomberg Business Weeks "The Worlds Most influential
Companies";[17] is considered disruptive by IDC;[18]
Ranked in the top 10 outsourcers with the highest accountability, transparency and trust by Wall
Street Journal;[19]
Ranked world's no. 1 infrastructure outsourcing vendor by Brown-Wilson Group for the Black Book
of Outsourcing;[20]
Listed by WorldBlu for the fourth time in a row as one of the Most Democratic Workplaces for 2012
in the world[21]
Featured in case studies published by Harvard,[22] London Business School[23] and Darden Business
School [24][25]
Corporate social responsibility[edit]

Community Initiatives[edit]
HCL promotes quality education (through SSN Institutions) and through other community support
programs such as working with Udayan[26][27] the Concert Series[28][29] and the Public Health
Foundation of India "Financial Information".
Recent Recognition
HCL won the Asia-Pacific Enterprise Leadership Award[30] (APELA) for 2013. This award recognizes
and honors the achievements of companies in the areas of sustainable development, corporate
responsibility, and/or corporate social responsibility (CSR). HCL was also the only Indian Company on
the Honor Roll of the UN Women Women Empowerment Leadership Awards[31] for 2013. This
award recognises business leaders for their support for gender equality and womens
empowerment.
Environment Initiatives[edit]
Go Green: HCL runs a multi-layered corporate program Go Green to drive its sustainability
initiatives. It has green processes across facilities & in the areas of travel, IT and events. The
company commits to compliance with ISO 14001 standards.[32] It runs campaigns to initiate
individual action towards environmental issues.[33] It has designed and developed a comprehensive
GreenEdge sustainability framework that caters to the specific needs of manufacturing
industries.[34]
HCLs Green Credentials
HCL is the first Indian ICT manufacturer to launch RoHS compliant laptops[35]
HCL in alliance with TERI (headed by Dr. R K Pachauri, 2007 Nobel Prize winner) are active members
of India Council for Sustainable Development[36]
HCL, as one of the strategic partners of the World Economic Forum, has been contributing to WEF's
Strategy and Government Affairs meetings on the contribution of the ICT industry to managing
climate change [37]
Winner of the Golden Peacock Eco Innovation Award 2009 [38]
HCL Green Data center awarded the 1st LEED platinum certification in India [39]
Reporting GHG emissions and reducing it year-on-year [40]
HCL is the first company in India to launch a PVC & BFR Free laptop in January 2010 [41]
HCL is the first Company in India to launch an Antimony & Beryllium Free laptop [42]
HCL was the First ICT company in India to Voluntarily Support EPR Extended Producer
Responsibility[43]
HCL extend its take-back service to customers for disposing off their equipment through HCL Green
Bag Campaign, and recycling collected E-waste in an environment-friendly manner[44][45]
Corporate Governance Framework[edit]

Strictly adheres to Security & Exchange Board of India (SEBI) guidelines - Clause 49
Is certified by Statutory Auditors
Complies with Organization of Economic & Corporate Development (OECD) Principles
Adheres to Corporate Governance Guidelines 2000