HCL Technologies Expands Partnership with Husqvarna Group to Drive Digital Transformation

HCL Technologies (HCL), a leading global technology company, has expanded its partnership with Husqvarna Group with a new multi-year IT services contract. The engagement will advance Husqvarna's digital transformation journey by leveraging automation and facilitating an agile and customer-focused workforce.

The Husqvarna Group is a leading global producer of outdoor power products, watering products, cutting equipment and power tools. The expanded partnership builds upon HCL's existing infrastructure and application development agreement to deliver leading-edge hybrid cloud management, digital workplace and security services. These services will establish a world-class IT foundation, enabling Husqvarna to enhance service delivery and user experience for its more than 10,000 employees worldwide. In addition, HCL will join forces with Husqvarna on its innovation journey to create products and services for global clients.

The engagement represents HCL and Husqvarna's commitment to achieving transformation through joint business outcomes. The contract follows University of Tennessee's award-winning Vested® business model. Together organizations create highly collaborative win-win relationships where both partners are equally committed to each other's success.

"We are excited to take our relationship with HCL Technologies to the next level," said Pavel Hajman, Senior Vice President of Global Information Services and CIO, Husqvarna. "Both organizations are focused on creating business value and this is a fantastic foundation for us to continue to transform our IT operations and business. The partnership will enable us to deliver an outstanding service to our end clients and further drive our transformational programs."

"The trust between the two organizations gives us a ringside view of Husqvarna's operations," said Pankaj Tagra, Corporate Vice President and Nordic and DACH Head, HCL Technologies. "As our collaboration grows stronger, we are committed to supporting Husqvarna's digitalization to meet its business goals. The Vested principles mark a significant chapter in our Nordics success story. HCL has worked closely with Husqvarna and University of Tennessee to create a contract that has trust and transparency at its heart."

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1099.35 as compared to the previous close of Rs. 1080.50. The total number of shares traded during the day was 212887 in over 18503 trades.

The stock hit an intraday high of Rs. 1114.00 and intraday low of 1089.35. The net turnover during the day was Rs. 234675979.00.

Source : Equity Bulls

Keywords

HCLTechnologies INE860A01027 HusqvarnaGroup ITServicesContract