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hcl technologies ltd (HCLTECH) Details

HCL Technologies Limited provides software development, business process outsourcing (BPO), and information technology (IT) infrastructure services worldwide. The company offers application development, support and maintenance, modernization, and mainframe and midrange services; application management services; and business analytics services, such as big data, enterprise information management, business intelligence, advanced analytics, and corporate performance management. It also provides managed quality, enterprise application testing, and specialized testing services; and business continuity and disaster recovery services, such as consulting, assessment, implementation, audit, IT and data continuity, and hosted and managed DR solutions. In addition, the company offers BPO solutions, including finance and accounting, supply chain management, knowledge process outsourcing/analytics, customer relationship management, human resource outsourcing, and product support; cloud computing services; e-commerce and omni-channel solutions; and embedded and software product engineering services. Further, it provides engineering and R&D services; digitalization solutions and services; workplace, data center, cross functional, information security, network, integrated operations management, system integration, and service integration and management; mechanical engineering and design services; and mobility solutions. Additionally, the company offers business process management, business operating platform transformation, and SOA and API services; Oracle and SAP services; security services; and supply chain management services. It serves financial services, telecom, retail and consumer products, media, publishing and entertainment, public services, energy and utility, healthcare, travel, transport, and logistics, as well as automotive, aerospace, hi-tech, and semiconductors manufacturing industries. The company was founded in 1976 and is based in Noida, India.

Founded in 1976

hcl technologies ltd (HCLTECH) Top Compensated Officers

Chairman, Chief Strategy Officer, Member of N...
Total Annual Compensation: 18.0M
Compensation as of Fiscal Year 2014.

hcl technologies ltd (HCLTECH) Key Developments

HCL Technologies Appoints Jaco Van Eeden as Global Head of its Beyond Digital Business Unit

HCL Technologies Ltd. announced the appointment of Jaco Van Eeden as Executive Vice President to lead HCL's Beyond Digital Business Unit. As the Head of this Business, Jaco will lead the Unit's Sales, Delivery and Product teams to further strengthen HCL's Go-To-Market propositions in the Enterprise Digital Transformation and Innovation space. In his previous role Jaco led the building and delivering of Enterprise Digital solutions focusing on Enterprise Usability, Mobile, User Experience (UX) and eCommerce with Predictive Cloud and Mobile solutions to simplify the day-in-the-life work experience for users and customers. His industry experience spans Consumer Product, Retail, Wholesale Distribution, Industrial Products, Hi-Tech, Manufacturing, Oil and Gas and Public Sector industries.

HCL Technologies Wins Five-year IT Managed Services Contract with SAI Global

HCL Technologies announced that it has been appointed as the strategic IT partner to SAI Global. Under the terms of the five-year partner agreement, HCL Technologies will provide SAI Global with IT Managed Application Services and Projects. HCL Technologies was awarded the contract following a competitive tender evaluation to assist the company in delivering its newly integrated Global Sales and Marketing capability and the organisation's Strategic Future Projects. The contract is expected to save SAI Global around $27 million. In providing the organisation with a single point of accountability for the nominated IT applications, HCL Technologies will support SAI Global with multi-country Managed Service, which will help reduce support costs and shorten new implementation times across the organisation's geographically dispersed operations. At the same time, HCL Technologies will also support the organisation's drive for service quality improvements through the deployment of Standardised Processes across SAI Global's business units and provide ongoing support for the organisation's global Epicor ERP platform.

HCL Technologies Ltd. Provides Effective Tax Rate Guidance for the Year 2016

HCL Technologies Ltd. provided effective tax rate guidance for the year 2016. For the year, the company expects effective tax rate to be 21% to 22%, for the year, thereafter, within 22% to 23%.

 

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HCLTECH Competitors

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Industry Analysis

HCLTECH

Industry Average

Valuation HCLTECH Industry Range
Price/Earnings 17.5x
Price/Sales 3.4x
Price/Book 5.2x
Price/Cash Flow 16.4x
TEV/Sales 3.1x
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