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HCL Technologies recognized as a leader in IDC MarketScape: Canadian Cloud Professional Services 2021 Vendor Assessment

Posted On: 2021-03-03 08:56:09 (Time Zone: Arizona, USA)

HCL Technologies (HCL), a leading global technology company, today announced that it has been recognized as a leader in the IDC MarketScape: Canadian Cloud Professional Services 2021 Vendor Assessment (doc #CA46215320, January 2021). HCL was recognized for its strategy for cloud professional services driven by its robust delivery model, functionality, and innovation.

"In the post-pandemic recovery world, organizations like HCL are helping enterprises to accelerate their cloud adoption capabilities in their digital transformation journeys. HCL's cloud professional services strategy, coupled with its innovation and delivery model, were some factors that placed it in the IDC's 'Leaders' category'," said Jason Bremner, Research Vice President, IDC Canada.

HCL was named as a leader based on the organization's delivery execution and cost competitiveness, among other capabilities. The report mentions that HCL has broad infrastructure and application capabilities, which are beneficial to a client's changing requirements as they increase their cloud maturity. HCL's offering portfolio has always benefited clients because of its industry-focused intellectual property and complementary services beyond just the cloud.

"To see HCL Technologies being recognized as a leader in the IDC MarketScape for Canadian Cloud Professional Services is a testament to HCL's ability to meet the changing client needs through its hybrid cloud services," said Joelien Jose, Executive Vice President & Country Head - Canada. "HCL's approach to helping clients build resilient digital enterprises reflects a strategy that provides agility, flexibility and an understanding of what clients need in the digital era. HCL has been operating in Canada for over a decade and this recognition is a true validation of our strategy and growing leadership in the domain, as well as in the region."

This recognition reflects HCL's ongoing growth in the Canadian market, most recently seen with the investment in its New Brunswick facility. The facility focuses on technology areas in application development, support, testing, and servicing global clients, allowing for a three-tier delivery strategy to provide Canadian customers with more flexibility and lower costs.

Shares of HCL TECHNOLOGIES LTD. was last trading in BSE at Rs.964.85 as compared to the previous close of Rs. 953.7. The total number of shares traded during the day was 192608 in over 7071 trades.

The stock hit an intraday high of Rs. 968 and intraday low of 947. The net turnover during the day was Rs. 184741878.

Source: Equity Bulls

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