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HCL Technologies Launches a Dedicated Microsoft Business Unit

Posted On: 2020-01-21 20:32:34

HCL Technologies (HCL), a leadiri~ global technology company, today announced the launch of a dedicated HCL Microsoft Business Unit focused on Microsoft technologies. This will extend Microsoft's offerings of Business Applications, Microsoft Dynamics 365, Microsoft Azure, IoT, and Al/Machine Learning, as well as help employees accomplish more in the modern workplace with Microsoft 365 and Windows 10. The HCL Microsoft Business Unit will create intellectual property extending the Microsoft platform for customer-specific scenarios and will also provide additional support to clients in the financial services, healthcare and life sciences, manufacturing, retail, and travel industries. The business unit integrates one of the largest award winning Microsoft Dynamics practices in the world with PowerObjects, an HCL company, and will bring together more than 5500 professionals, reaching more than 2000 customers.

"The HCL Microsoft Business Unit is the next phase to bolster HCL's successful and long-standing relationship with Microsoft. Increasingly, customers are making bold strides, incorporating loT solutions with machine learning for analytics, running this solution in the public cloud and supported by CRM," said Kalyan Kumar, Corporate Vice President and CTO for IT Services of HCL Technologies. "This business unit combines HCL's specialized services and global reach with Microsoft's powerful cloud and business technologies, making a strong and unique offering for clients. These offerings are coming at a critical time when enterprises are aggressively implementing digital technologies for competitive advantage. Spearheading the HCL Microsoft Business Unit is Don Jones, who brings 20+ years of Microsoft experience, having created numerous successful solutions and go-to-market campaigns with Microsoft, and we're confident in his ability to successfully lead this initiative."

Judson Althoff, Executive Vice President at Microsoft said, "By establishing a Microsoft Business Unit, HCL is taking an important step forward in the long-standing partnership between our two companies. As a result, companies will benefit from unique products and services tailored to their digital journey while fostering modern work and collaboration. Together, we will be able to offer our joint customers a rich experience."

HCL was named a leader in IDC MarketScape: Worldwide Microsoft Implementation Services 2019 Vendor Assessment (doc # US45034818, May 2019). And Forrester ranks HCL as a leader in its report, The Forrester Wave™: Microsoft Dynamics 365 Services, Q2 2019. In addition, Microsoft named HCL-PowerObjects as the winner of the "Microsoft 2019 Dynamics 365 for Customer Service Partner of the Year" and "Financial Services Partner of the Year" awards.

Shares of HCL TECHNOLOGIES LTD. was last trading in BSE at Rs.584.3 as compared to the previous close of Rs. 589.2. The total number of shares traded during the day was 82825 in over 3809 trades.

The stock hit an intraday high of Rs. 593.3 and intraday low of 582.15. The net turnover during the day was Rs. 48702774.


Source: Equity Bulls

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