Stock Report

HCL Technologies launches Kubernetes Migration Platform to Accelerate Application Modernization

Posted On : 2022-05-17 14:37:33( TIMEZONE : IST )

HCL Technologies launches Kubernetes Migration Platform to Accelerate Application Modernization

HCL Technologies (HCL), a leading global technology company, has launched its Kubernetes Migration Platform (KMP) to help organizations accelerate application modernization. HCL KMP is an automated solution that helps organizations migrate workloads from legacy on-premises and Cloud Foundry environments to modern Kubernetes-based platforms. KMP's repeatable, reliable, and costeffective approach enables organizations to reduce risk and complete migrations up to 120 times faster compared to manual alternatives.

In addition, HCL KMP enables organizations to effortlessly move workloads between hybrid, multi-cloud environments built on different Kubernetes-based platforms, including; Google GKE, Microsoft Azure AKS, Amazon EKS, VMWare TKGI, Rancher, and Red Hat OpenShift. The platform offers organizations more freedom of choice, ensuring they are run on the most cost-effective platforms and helping to avoid vendor lock-in.

"Enterprises have grown increasingly concerned with the operational costs of maintaining legacy Cloud Foundry environments in a cloud-native world," said Kalyan Kumar, CTO and Head of Ecosystems, HCL Technologies. "Limited modernization capabilities in Cloud Foundry have made it difficult to migrate to Kubernetes without an excessive investment of time and resources. KMP creates a bridge to the future, by offering our clients a fast, fully automated, and hassle-free journey to any Kubernetes-based platform."

Shares of HCL Technologies Limited was last trading in BSE at Rs. 1043.85 as compared to the previous close of Rs. 1054.35. The total number of shares traded during the day was 107000 in over 6743 trades.

The stock hit an intraday high of Rs. 1067.00 and intraday low of 1040.00. The net turnover during the day was Rs. 112200832.00.

Source : Equity Bulls


HCLTechnologies INE860A01027 KubernetesMigrationPlatform