HCL is one of the leading global Technology and IT enterprises with annual revenues of US$ 3.50 billion. The HCL Enterprise comprises two companies listed in India, HCL Technologies (www.hcltech.com) and HCL Infosystems (www.hclinfosystems.in)

The 30 year old enterprise, founded in 1976, is one of India's original IT garage start ups. Its range of offerings span R&D and Technology Services, Enterprise and Applications Consulting, Remote Infrastructure Management, BPO services, IT Hardware, Systems Integration and Distribution of Technology and Telecom products in India. The HCL team comprises 37,000 professionals of diverse nationalities, operating across 16 countries including 300 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including several IT and Technology majors.

HCL : Till as recent as 4 years back, PLM was still in a nascent stage. The technology and the network bandwidth required were primary hindrances affecting widespread usage. But now PLM technology has reached a mature phase and most global corporations and even smaller enterprises have implemented it and are reaping benefits from it, although successful implementation and maintenance are still problems grappling many corporations. For an engineering service provider like us, PLM technology helps us in seamlessly integrating our development and delivery systems with that of our customer’s.

HCL : Over the past 30 years, HCL has grown not only in size and revenue but also in terms of experience and knowledge it has acquired by working with world renowned technology companies acting as its R & D extension.

HCL has the unique advantage with its long history of being a technology-focused company that originally initiated its operations by hiving its R&D division that serviced customer’s needs in Hardware Engineering embedded Engineering, Mechanical Engineering, and Software Engineering & Support. Our customers have repeatedly stated that no other vendor that they evaluated meet their end to end demands and needs.

The following statistics released by NASSCOM tells the story…

Global spending on Engineering Services
In 2005 – US$ 750Billion
In 2020 – US$ 1Trillion

Off-shored Engineering Services
In 2005 – US$ 15Billion
In 2020 – US$ 225Billion

India’s Share in Off-shored Engineering Services
In 2005 – US$ 1.8Billion (12%)
In 2020 – US$ 40Billion (18%)

Mechanical Engineering Services
In 2005 – US$ 0.5Billion
In 2020 – US$ 10Billion

As one can see from the statistics, India is emerging as the biggest player in this area thanks to the huge availability of quality manpower. Another important development is the emergence of India and China as an important market for many global corporations. And many want to be close to where the action is!!

EDS Technologies has provided us excellent support right from the inception of our mechanical engineering services group. "They have been alert and responsive to all our requirements" says Mr.Vivek of HCL Technologies.

We thank EDS for the opportunity given to us to contribute to your Newsletter.
We value our strong relationship and wish you all the best in all your endeavors.