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4
5 = Overview =
6
7 HCL Technologies (NSE:HCLTECH) is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. The company's technology products, services and engineering are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. With a worldwide network of R&D, innovation labs and delivery centers, and 150,000+ ‘Ideapreneurs’ working in 46 countries, HCL serves leading enterprises across key industries, including 250 of the Fortune 500 and 650 of the Global 2000. HCL generated consolidated revenues of USD 9.94 billion for 12 Months Ended 31st March, 2020.{{footnote}}https://www.hcltech.com/about-us{{/footnote}}
8
9 The company offer an integrated portfolio of products, solutions, services, and IP through its Mode 1-2-3 strategy built around Digital, IoT, Cloud, Automation, Cybersecurity, Analytics, Infrastructure Management and Engineering Services, amongst others, to help enterprises reimagine their businesses for the digital age.
10
11 = Product and Services =
12
13 == IT Infrastructure Management Services ==
14
15 HCL's IT infrastructure management services have some of the most impressive credentials in the IT vendor landscape. HCL Technologies has not only executed complex global IT transformation exercises but also helped run efficient IT infrastructure services for some of the world’s leading companies. HCL Technologies has consistently been recognized by leading independent analysts such as Gartner, Forrester, IDC, Everest, and others as a leader in core IT infrastructure management services. HCL Technologies has also won acclaim for its proven track record of successful, high-complexity delivery, customer satisfaction, and innovative solutions.{{footnote}}https://www.hcltech.com/it-infrastructure-management-services{{/footnote}}
16
17 === Services ===
18
19 * Next Generation Data Center Services
20 * Digital Workplace Services
21 * Next Generation Network Services
22 * Cloud Native Services
23 * Cyber Security & GRC Services
24 * Service Integration & Management
25 * Application Operations
26 * Mainframes and IBM i (AS/400)
27
28 === Products ===
29
30 * WorkBlazeTM
31 * Cloud Inception
32 * VelocITy
33 * Evolve
34 * HCL’s SecIntAl
35 * EdgeLITy
36
37
38 [[image:HCLTECH.jpg]]
39
40
41 == Applications ==
42
43 HCL brings in-depth knowledge and expertise across a broad spectrum of industries. The combination of its services portfolio and its lean industrialized delivery model sets HCL apart and provides exceptional value for its customers.{{footnote}}https://www.hcltech.com/systems-integration{{/footnote}}
44
45 The company's key competencies include –
46
47 * Integrated service offerings for end-to-end global applications lifecycle management
48 * Creative commercial models that allow for business-aligned and outcome-based contracts
49 * Deep enterprise application integration solutions capabilities and skills across key industry verticals
50 * Capabilities of providing knowledge management consulting services to leading global companies
51 * Business application consulting capabilities through deep domain experience and technology expertise
52 * Global labs and innovation centers dedicated to transforming ideas into real-world solutions
53 * World class partnerships across its core capabilities
54
55 === Services ===
56
57 SAP Services
58
59 * Microsoft Services
60 * Oracle Services
61 * Quality Assurance & Testing Services
62
63 == Engineering and R&D Services ==
64
65 **Customers Seek Best-In-Class Product Experiences**
66
67 Today, the most successful organizations across industries have a few things in common. They strive to improve customer experiences, align to tech trends faster, and are extremely efficient in their R&D investments. It is no longer sufficient to simply design products that meet customer needs. It’s now imperative to create an engaging relationship as well. With products having shorter lifespans and customers having more options to choose from, the real lifetime value of a customer can only be realized by companies who are consumed with a determination to provide differentiated and flawless customer experiences.{{footnote}}https://www.hcltech.com/engineering-rd-services{{/footnote}}
68
69 **Enabling Next-generation Enterprises**
70
71 In an environment of increasing product complexity and dynamic markets, the success of a global organization will be defined by its ability to control product costs, leverage productivity gains, and enable seamless intersection of embedded software and hardware. The Next-generation Enterprise must also facilitate the success of smart products and enable efficient calibration of all operations for a smooth transition from asset-led to information-driven processes.
72
73 === Services ===
74
75 * Systems & Hardware Engineering
76 * Embedded Engineering
77 * Digital Engineering
78 * Software Engineering
79 * Mechanical Engineering
80 * Experience Design And Engineering (Edge)
81 * VLSI Design Services
82 * Product Lifecycle Management
83 * Product Testing And Verification
84 * Devops
85 * Stride
86 * Cognitive Product Support
87 * Digital Manufacturing
88
89 === Solutions ===
90
91 * Electronic Device Automation Testing (Edat)
92 * Intelligent Sustenance Engineering (Ise)
93 * Intelligent Tech Support (Its)
94 * Platform Acceleration Suite (Pas)
95 * Platform For Acceleration Of Nexgen Engineering Analytics (Pangea)
96 * Protel
97 * Network Service Assurance
98 * Test Automation Framework (Taf)
99 * Hcl Optimus
100
101 == Digital Process Operations ==
102
103 Technology is fast changing the fundamental nature of businesses.Organizations which were once world leaders in their space are now giving way to new age technology-led innovative business models led by next-gen dynamics. Changing business landscape and evolving customer expectations is disrupting the erstwhile traditional cost/labour arbitrage BPO services.{{footnote}}https://www.hcltech.com/digital-process-operations{{/footnote}}
104
105 Legacy processes are getting streamlined through innovative process centric methodologies to make them more standardized, agile, and lean. To remain competitive in the shifting technological paradigm, businesses are leveraging digital technologies like automation, analytics, and IoT. AI & machine learning is augmenting humans to create digital workforces of tomorrow. The objective is to reduce costs, manage risk & compliance, provide sustained profitable growth, and create superior customer experience enabling them to transform to the enterprises of tomorrow.
106
107 To help businesses address the changing industry paradigm, HCL Digital Process Operations (DPO) with its digital services and solutions is reimagining the role of technology from being a driver of marginal efficiency to an enabler of digital innovation and business performance.
108
109 The company's Process-First, Technology-led Digital Operations approach helps organizations better manage their overall goals. The company's approach focuses on helping organizations redefine their traditional inverted operations pyramid to an upright three-stacked digital operations pyramid.
110
111 === Horizontal Services ===
112
113 * Finance & Accounting
114 * Supply Chain Management
115 * Digital And Content
116 * Automated Product Support
117 * Cognitive Automation
118
119 === Vertical Services ===
120
121 * Banking
122 * Capital Markets
123 * Insurance
124 * Life Science
125 * Healthcare
126 * Retail
127 * Utilities
128 * Telecom
129 * Hi Tech & Manufacturing
130 * Consumer Packaged Goods (Cpg)
131
132 == Cloud Native Services ==
133
134 The true potential of the cloud is unleashed through powerful, delightful, and resilient applications. But there is no such thing like a “typical cloud application.” Different choices of cloud computing technologies and platforms exist for a reason; they each address specific use cases and needs. Whether you are building a Cloud-native application from the ground-up or modernizing/migrating existing applications to Cloud-native platforms, HCL integrates Cloud engineering competency across a wide gamut of proven cloud technologies and domains to help you design, develop, integrate, and launch effective applications.{{footnote}}https://www.hcltech.com/cloud#cloud_native_applications{{/footnote}}
135
136 === SaaS SERVICES ===
137
138 Since Salesforce.com became a household name, the Software as a Service (SaaS) industry is growing at a phenomenal rate – with enterprises opting for software to be delivered to them as a service, rather than expensive multi-year licenses. Today, SaaS solutions are not only available for the most common horizontal business needs, but also for an expanding array of vertical-specific applications. While it is easier than ever to replace your existing on-prem application with a third-party SaaS option – thus reducing cost and improving quality of service - it has also become more confusing than ever for businesses.
139
140 HCL SaaS services can help to “Walk you to the Cloud” right from consulting, assessment, evaluation and selection, implementation, integration, and cloud strategy migration to user training, UATs, and handover. The company's services are supported by an extensive network of strategic SaaS industry partners, which is constantly expanding to include cutting-edge and innovative SaaS vendors.
141
142 === Cloud Platform ===
143
144 The Rapid Growth Of Cloud-Based Infrastructure Services And The Underlying Technology Has Been Fueled By Real Enterprise Needs Such As:
145
146 * Rapid Scale
147 * Flexibility And Choice
148 * Ease Of Integration
149 * Cost Reduction And Pay Per Use
150 * Low-Cost And Automated Platform Operations
151
152 === Services ===
153
154 * Cloud Platform Set-Up
155 * Infrastructure Automation
156 * Near-Zero Touch Operations
157 * Service Management
158 * Service Orchestration
159
160 == Cybersecurity ==
161
162 The company's “Dynamic Cybersecurity Framework” helps its customers move from a “Static” to a “Dynamic” posture to deal with an ever-escalating threat landscape, offering full spectrum of services.{{footnote}}https://www.hcltech.com/cyber-security-grc-services#ourservices{{/footnote}}
163
164 === Services ===
165
166 * Strategy, Architecture & Consulting Services
167 * Transformation & Integration Services
168 * Managed Services
169
170 === Solutions ===
171
172 * SAFE
173 * SecIntAl
174 * Brics
175 * Digi-I-Fort
176 * Idaas
177 * iBCM-iDRM
178
179 == Digital & Analytics ==
180
181 After building powerful, immersive, as well as experiential platforms and infrastructure for more than 50 global customers, the company understand that digital is a journey into fundamental business transformation that begins with reimagining existing business processes and user experiences. The company's team of design-thinkers & industry-process experts help its customers break down barriers by combining deep knowledge of business processes with user-centered design principles – to truly visualize the potential of digital technology. HCL’s Digital & Analytics services brings its entire gamut of expertise – from consulting to implementation – to ensure that digital journeys can enable an end-to-end IT its transformation.{{footnote}}https://www.hcltech.com/digital-analytics-services{{/footnote}}
182
183 === FENIX 2.0 ===
184
185 FENIX 2.0 is an industry aligned execution framework that helps organizations rewire their core DNA to realize digital transformation objectives.
186
187 === Services ===
188
189 * Digital Consulting
190 * Digital Applications & Platforms
191 * Data & Analytics
192
193 === Solutions ===
194
195 * Consumer Brand Interaction Platform
196 * Enterprise Content Management Platform
197 * Digital Marketing Solutions
198 * Data Movement Framework
199
200 == DRYiCE ==
201
202 DRYiCE is a dedicated and rapidly growing software division of HCL that delivers best-in-class implementations of AI for enterprises. The company's exclusive products and platforms enable enterprises to operate in a leaner, faster, and cost-efficient manner, while ensuring superior business outcomes.{{footnote}}https://www.dryice.ai/about-dryice#value{{/footnote}}
203
204 == IoT WoRKS™ ==
205
206 The company's Approach is structured around the emergence of an IoT ecosystem which has given rise to an asset
207
208 value chain comprising of connections of things, data, process and people.{{footnote}}https://www.hcltech.com/Internet-of-Things-IoT{{/footnote}}
209
210 === Offering ===
211
212 The company's Define, Build & Run offering and IoT solutions cater to organizations at different IoT adoption levels.{{footnote}}https://www.hcltech.com/Internet-of-Things-IoT#our_offering{{/footnote}}
213
214 === Soltions ===
215
216 * IoT WoRKSTM FORCE
217 * IoT WoRKSTM ASSET
218 * IoT WoRKSTM SITE
219 * IoT WoRKSTM TRANSFORM
220
221 == HCL Software ==
222
223 HCL Software is a division of HCL Technologies (HCL) that operates its primary software business. It develops, markets, sells, and supports over 20 product families in the areas of DevSecOps, Automation, Digital Solutions, Data Management, Marketing and Commerce, and Mainframes. HCL Software has offices and labs around the world to serve thousands of customers. Its mission is to drive ultimate customer success with their IT investments through relentless innovation of its products.{{footnote}}https://www.hcltechsw.com/wps/portal/about{{/footnote}}
224
225 === Products ===
226
227 * Automation
228 * Commerce & Marketing
229 * Data Management
230 * Secure DevOps
231 * Digital Solutions
232 * Mainframes
233 * Innovations
234
235 == SIAM/XaaS Products & Advanced Services ==
236
237 Increasing complexity drives IT service management outsourcing buyers to re-evaluate their service integration and management strategy. HCL facilitates the assessment of the right SIAM service integration and management model. The company's two-fold approach toward IT service integration helps enterprises overcome the challenges associated with integrating and aggregating the supplier ecosystem. The HCL SIAM model ensures conducive conditions for collaboration by aligning the ecosystem with customer demands. The SIAM solution drives strategic innovation and collaboration in the ecosystem, while maintaining competitive tension.Additionally, the HCL SIAM gold blueprint provides an aggregation solution, a service management platform, and an industrialized “service bus”. Together, they enable a strong process framework for integration of disparate IT providers, driving greater visibility into operational performance for improved decision-making. This, in turn, ensures better accountability, trust, transparency, and effective performance management in the ecosystem while establishing a collaborative ethos.{{footnote}}https://www.hcltech.com/services/service-integration-and-management-siam{{/footnote}}
238
239 With the shift towards Gen 3.0, the adoption of HCL’s Service Integration and Management framework will deliver efficiency, hybrid cloud model adaptation, and a greater supplier management synergy.
240
241 === Solutions ===
242
243 * HCL SIAM ServiceNow Gold BluePrint
244 * HCL ServiceXchange
245 * HCL XSM
246 * HCL Service Integration Bus
247
248 === Services ===
249
250 * SIAM Operations
251 * SIAM Assessment
252 * SIAM Consulting and Implementation
253
254 == Enterprise Studio ==
255
256 Digital transformation isn’t easy. It requires you to move quickly from idea to outcome as you build, integrate and adopt resilient enterprise solutions. By addressing these IT challenges while enabling digital and cultural transformation, your IT and business teams will achieve better outcomes with longer-lasting benefits.{{footnote}}https://www.hcltech.com/enterprise-studio{{/footnote}}
257
258 Hence its reason for being. The company's team’s deep technical knowledge across domains has earned it the status of Broadcom Preferred Services Partner. No matter your industry or the stage of IT maturity your organization has reached, its technologists, coaches and educators will help you reach your goals.
259
260 === Services ===
261
262 * Digital Advisory and Consulting Services
263 * Adoption Services
264 * Application Management Services
265 * Packaged Solutions
266
267 = Financial highlight =
268
269 On May 7 HCL Technologies reported a 22.8 per cent year-on-year (YoY) rise in consolidated net profit at Rs 3,154 crore compared with Rs 2,568 crore in the same quarter last year. On a sequential basis, profit was up 3.8 per cent over Rs 3,037 crore profit the company reported in December quarter.{{footnote}}https://economictimes.indiatimes.com/markets/stocks/earnings/hcl-tech-q4-results-profit-jumps-23-yoy-to-rs-3154-crore-beats-street-estimates/articleshow/75591668.cms{{/footnote}}
270
271 Revenue for the quarter rose 16.3 per cent YoY to Rs 18,590 crore from Rs 15,990 crore reported in the year-ago quarter. Sales were up 2.5 per cent on a sequential basis over Rs 18,135 crore in the third quarter.
272
273 In dollar terms, revenue rose 11.7 per cent YoY to $2,543.40 million from $2,277.80 million. On a sequential basis, dollar sales were flat. Sales growth in constant currency terms rose 13.5 per cent YoY to $2,584.60 million.
274
275 The company did not give any revenue or margin guidance.
276
277 Ebit margin for the quarter expanded 180 basis points to 20.90 per cent from 19.1 per cent YoY. Sequentially, the margin expanded 70 basis points over 16.8 per cent in December quarter.
278
279 HCL Technologies said it signed 14 transformational deals in the fourth quarter. These deals were mainly secured in verticals such as telecom, hi-tech, retail & CPG, manufacturing and financial services.
280
281 The company, however, did not disclose the deal amount.
282
283 The IT firm said it activated its coronavirus business continuity plan at the end of January and now has 96 per cent of its employees working from home and another 2.5 per cent of its employees working from HCL or client locations.
284
285 Looking ahead, HCL Technologies is confident that its capabilities, its balanced portfolio, strong client relationships and financial strength will help it navigate this crisis and emerge stronger," said President and CEO C Vijayakumar.
286
287 HCL said, during the quarter, it had a strong renewal booking momentum. It added 1250 employees during the quarter, taking its total employee headcount to 1,50,423.
288
289 == Key achievement ==
290
291 HCL signed 14 transformational deals in Q4 FY’20, led by key industry verticals Telecom, Hi-Tech, Retail & CPG, Manufacturing and Financial Services. In FY’20, HCL signed 53 transformational deals led by industries such as Manufacturing, Retail and CPG, Life Sciences and Healthcare and Hi-Tech among others.{{footnote}}https://www.hcltech.com/sites/default/files/hcl_tech_q4_2020_investor_release.pdf{{/footnote}}
292
293 During the quarter, HCL had very strong renewal booking momentum, made possible due to its flawless execution and customer satisfaction. This includes some of the largest clients of HCL across the globe across industry verticals.
294
295 HCL Software continued its operational momentum in Q4, FY’20 as it completed over 5,500 sales transactions for the quarter and onboarded more than 2,000 partners for the fiscal year. HCL Software’s investment in its products resulted in over a dozen major and minor product releases this quarter. Most notable were the product launches for AppScan V10, Unica V12, and BigFix V10. AppScan and BigFix lead HCL Software’s offering in the secure DevOps and the security & automation spaces.
296
297 At the World Economic Forum’s Annual Meeting in Davos this year, HCL Technologies facilitated discussions on the convergence of technology innovation, human ingenuity, and critical thinking through a series of thought leadership discussions. HCL led business leaders across sectors in discussing the future of digital innovations related to the demographic, societal and technological trends shaping today’s interdependent complex world.
298
299 HCL was named a Top Employer across Europe for providing the best working environment for employees through its progressive ‘people-first’ HR practices. HCL received this recognition for the 14th consecutive year in the United Kingdom and for the first time in Sweden, Germany, the Netherlands, Poland, France and South Africa.
300
301 HCL announced the launch of a Global Delivery Center (GDC) in Hartford, Connecticut, USA to offer digital transformation services to clients in the smart manufacturing, insurance, aerospace, and defense industries. The GDC will help in bringing advanced digital and transformative capabilities to enhance the customers’ agility and ability to respond to emerging business needs.
302
303 In FY’20, a total of 29 patents were filed, of which 3 were filed in Q4 in the areas of assigning dynamic operation of devices in a communication network, determining a location of an explosive device and an innovative approach to execute manual test cases on a targeted platform without generating code. During FY20, a total of 16 patents were granted, of which 10 patents were granted this quarter, filed in the areas of code reusability, sharing of source code, remotely assessing a user device, reconfigurable convolution accelerator, automated bug fixing, employee management, multi-level amplitude modulation and demodulation, optimizing storage and retrieval of a stock keeping unit, circuit design methodology, and debugging network environment.
304
305 Value Portal, a unique grassroots innovation platform that enables employees to contribute their unique ideas and create value to customers and HCL generated 2,383 ideas in Q4 while 1109 were implemented.
306
307 HCL announced its entry in Sri Lanka with the establishment of its GDC in Colombo. Marking its presence within the region, HCL aims at boosting employment, providing resources and skilling the local talent to serve its global clients. A key part of HCL’s business and development strategy in Sri Lanka will be to generate local employment and provide the right skilling programs that will augment the growth of the knowledge services industry in the island country. Collaborating with the Board of Investment of Sri Lanka, HCL’s local entity – HCL Technologies Lanka (Private) Limited will implement its Work Integrated Education Program to foster growth by actively cooperating with local ICT and engineering institutions to develop and train the island’s talent pool.
308
309 **COVID-19 Response**
310
311 Of the total number of HCL’s global employees, presently 96% are working from home and another 2.5% are working from offices.
312
313
314 **HCL Tech Consolidated December 2020 Net Sales at Rs 19,302.00 crore, up 6.44% Y-o-Y **{{footnote}}https://www.moneycontrol.com/news/business/earnings/hcl-tech-consolidated-december-2020-net-sales-at-rs-19302-00-crore-up-6-44-y-o-y-6353771.html{{/footnote}}
315
316 **January 15, 2021**; Reported Consolidated quarterly numbers for HCL Technologies are:
317
318 * Net Sales at Rs 19,302.00 crore in December 2020 up 6.44% from Rs. 18,135.00 crore in December 2019.
319 * Quarterly Net Profit at Rs. 3,969.00 crore in December 2020 up 34.82% from Rs. 2,944.00 crore in December 2019.
320 * EBITDA stands at Rs. 5,813.00 crore in December 2020 up 21.46% from Rs. 4,786.00 crore in December 2019.
321 * HCL Tech EPS has increased to Rs. 14.63 in December 2020 from Rs. 10.85 in December 2019.
322
323
324 = References =
325
326 {{putFootnotes/}}
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