HCL Technologies: Treading The Global Trail

Like most IT giants, HCL Technologies is moving fast on a globalization spree. And the company wants to leverage on every opportunity to fulfil its aspirations. Its portfolio of technology and software engineering solutions for the emerging network-centric world includes technology development services, software engineering, application engineering and networking services. These services are based on the company’s experience with the development and application of emerging technologies such as internet and

ecommerce, embedded software, networking and telecom protocols. The skills are based on a wide variety of computing platforms–from open systems to enterprise servers based on mainframes, and object-oriented and legacy system architecture methodologies. HCL Technologies delivers these services directly as well as through its alliances with Perot Systems Corp and such companies as Roccade of Netherlands, Logica of UK, NTT Data of Japan and Mannesmann VDO of Germany.

The company has built an extensive infrastructure that extends across nine software development centers, each focused on horizontal technologies.

Besides, the approach has always been to operate through overseas subsidiaries. And this year too, HCL Technologies will be expanding its market in Europe and Japan. In a workforce of over 3,000, about 10% are involved in research and development projects and 15-20% in technology labs. A clear indication of the fact that research and development, and technological advancement are high on the priority list.

HCL Technologies holds a 100% stake in

Intelicent, a US-based methodology consulting-led services Company. The company also has a 100% subsidiary in India–HCL Comnet Systems and Services–which provides

networking services. Moving in tune with worldwide trends, mergers and acquisitions will form a part of HCL Technologies’ strategy. It will target businesses with interests in

ecommerce, web technologies, business

consulting, IT consulting, systems integration, applications development and ERP consulting. The success of the company’s business strategy was reflected when it bagged contracts worth Rs435 crore from CTECH and Rs320 crore from KLA Tencor in 1999. The vision to invest in emerging trends and technologies could be the goal of most companies, but the potential to carry it far certainly rests with

HCL. The company’s recent IPO of Rs823.6 crore was oversubscribed by 27 times and garnered orders of over Rs20,000

crore, the largest single collection by a public issue in the IT industry. Flush with money and a firm strategy in place, this company is a news maker.