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HCL rated a leader in Forrester's inaugural Global IoT Services Wave for Connected Business Operations

Posted On: 2019-06-12 18:08:57

HCL Technologies (HCL), a leading global technology company, has been rated a 'Leader by Forrester in their inaugural "Global IoT Services Wave for Connected Business Operations, Q4 2018". In this first report by Forrester on assessment of the state of global IoT Services for connected business operations, HCL is cited as one of the five leaders from among 14 of the largest players evaluated.

With this ranking, HCL has now been rated a leader in all the IoT assessments done by leading analyst firms globally like Forrester, DC, Everest, Zinnov, SC and HFS.

"Our recognition as a leader by Forrester in their debut report on IoT Services for Connected Business Operations is a testimony of how we are delivering measurable outcomes for our customers through creation of more efficient processes, new revenue streams and IoT enabled business models.

HCL's well rounded IoT-led transformation strategy, industry specific customer centric problem solving approach in our IoT COLLAB™ at Seattle and Noida have been instrumental in helping our customers maximize the ROI, effectiveness and efficiency of their Internet of Things (IoT) enabled transformational initiatives", said Sukamal Banerjee, Corporate Vice President - ERS Sales (Hi Tech & Comm) & Head - IoT W0RKS™, HCL Technologies.

According to Forrester, "HCL is a strong fit for IoT opportunities that require strong platform engineering capabilities. If a customer is seeking a supplier capable of an ongoing operational relationship, HCL is an appropriate choice".

HCL Technologies market focus on supporting customers' product development, R&D, and engineering efforts has been the wellspring of the company's approach to IoT opportunities; it is now expanding to encompass additional opportunities in connected processes. Its business unit IoT WorKs™ offers a family of enabling software products, although the company also supports a broad array of IoT platform alternatives.

Shares of HCL TECHNOLOGIES LTD. was last trading in BSE at Rs.1106.55 as compared to the previous close of Rs. 1107.45. The total number of shares traded during the day was 17932 in over 699 trades.

The stock hit an intraday high of Rs. 1110 and intraday low of 1091.6. The net turnover during the day was Rs. 19743334.


Source: Equity Bulls

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