Tech Data, a TD SYNNEX company, today announced the expansion of its strategic partnership with HCLSoftware, a global leader in software innovation, to cover new markets across Asia Pacific and Japan. Building on an existing agreement in Hong Kong, this expanded collaboration now includes India, Singapore, Malaysia, Indonesia, Vietnam, Australia, New Zealand, Japan, and Thailand.
This development comes as HCLSoftware transitions to a distributor-led model globally. With strong in-region presence, deep channel relationships, and technical capabilities, Tech Data is strategically positioned to accelerate the adoption of HCLSoftware's offerings across a wide range of industries.
"In Asia Pacific, demand for software solutions is projected to grow at 14.11% CAGR and reach USD 571.46 billion by 20301. HCLSoftware's enterprise-grade software solutions will enable our partners to meet rising customer needs in areas such as digital workplace transformation, enterprise security, and AI innovation, backed by Tech Data's local expertise and support infrastructure." said Anand Chakravarthy, Vice President of Advanced Solutions, Tech Data APJ.
As part of the partnership, Tech Data will provide distribution and support for HCLSoftware's leading portfolio, including:
HCL AppScan: Identify and fix vulnerabilities in web and mobile applications, ensuring robust security.
HCL BigFix: Simplify endpoint management, patching, and compliance for enhanced security.
HCL Commerce: Deliver seamless, omnichannel eCommerce experiences that enhance customer engagement.
HCL Domino: A powerful platform for secure, collaborative email, workflow automation, and the development of custom business applications that drive productivity and streamline communication across the organization.
HCL Unica: Drive data-driven, personalized marketing campaigns with advanced automation.
HCL Volt MX: A low-code platform for building enterprise-grade mobile and web applications.
HCL Workload Automation: Automate IT workflows to improve operational efficiency and business agility.
Shares of HCL Technologies Limited was last trading in BSE at Rs. 1482.30 as compared to the previous close of Rs. 1474.30. The total number of shares traded during the day was 21890 in over 1550 trades.
The stock hit an intraday high of Rs. 1485.45 and intraday low of 1471.00. The net turnover during the day was Rs. 32410100.00.