“Market Cap $16.6 B As of May 2014
At a Glance
- Industry: Software & Programming
- Founded: 1991
- Country: India
- CEO: Anant Gupta
- Website: www.hcltech.com
- Employees: 85,505
- Sales: $4.66 B
- Headquarters: Noida
#1153 Global 2000
- #1801 in Sales
- #819 in Profit
- #677 in Market value
Asia’s Fab 50 Companies
HCL Technologies Ltd. is a global information technology services company, which provides software, business process outsourcing and infrastructure services. It engages in the following business activities: Business Services, Custom Application Services, Engineering and R&D Services, Enterprise Application Services, Enterprise Transformation Services and IT Infrastructure Management Services. The Business Services activities include Technical Support Services, Finance and Accounting Services, Supply Chain Management, Knowledge and Legal Services, Customer Relationship Management and Human Resource Outsourcing. The Custom Application Services activities include Application Development and Maintenance, Application Management and Operations, Application Consulting, Application Integration, Application Re-engineering and Modernization, Mainframe and Midrange Services and Application Migration. The Engineering and R&D Services activities include Hardware Product Engineering, Embedded Engineering and Mechanical Engineering. The Enterprise Application Services activities include Applications Management and Business Transformation, Customer Relationship Management, Enterprise Performance Management, Human Capital Management, Product Lifecycle Management, Supply Chain Management Business Benefits and Shared Services. The Enterprise Transformation Services activities include CRM Transformation Services, Supply Chain Transformation Services, Finance Consulting and Transformation, Technology Transformation Services and Application Portfolio Optimization. The IT Infrastructure Management Services activities include End User Computing, Data Center Transformation, Cross Functional Services and Information Security Services. HCL Technologies was founded on November 12, 1991 and is headquartered in Noida, India.“
At a time when India had a total of just 250 computers, Shiv Nadar, the founder of HCL, led a young team of eight people who passionately believed in the growth of the IT industry. That vision in 1976, born out of a Delhi “barsaati”, (akin to a garage start-up), resulted three and a half decades later into a global transformational technology enterprise.
Over the years, HCL witnessed many firsts which legitimized its status as a pioneer in modern computing. The most significant of these was the development of the first indigenous micro-computer in 1978 – at the same time as Apple and three years before IBM’s PC. This micro-computer virtually gave birth to the Indian computer industry. The 80’s saw HCL developing several know-hows in multiple areas of technology. HCL’s in-depth knowledge of UNIX led to the development of a fine grained multi-processor UNIX in 1988 – three years ahead of Sun and HP.
HCL’s journey of 35 years has been truly transformational with the enterprise creating valuable Joint Ventures and alliances with marquee partners such as Hewlett Packard, Cisco, Perot Systems, Deutsche Bank and NEC Corporation, amongst others, to drive strategic growth.
- Founded in 1976 — a pioneer of modern computing that gave birth to the Indian computer industry
- Developed the first indigenous micro-computer in 1978, at the same time as Apple
- Developed a fine grained UNIX multi-processor in 1988 — three years ahead of Sun and HP
- Comprises two companies listed in India: HCL Technologies and HCL Infosystems
- Offerings include product engineering, custom & package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of industries
After a strong focus on manufacturing for over two decades, HCL Technologies was spun off as the information technology and software services arm of the enterprise, with listing in 1999.
Presently, HCL Enterprise comprises two companies listed in India, HCL Technologies (www.hcltech.com) and HCL Infosystems (www.hclinfosystems.in). Over a period of time, both HCL Infosystems and HCL Technologies have emerged as institutions in their own right with HCL Technologies emerging as a leading player in the IT services sector.
Today, HCL is a $6.2 billion leading global technology and IT enterprise comprising two companies listed in India – HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of India’s original IT garage start-ups. A pioneer of modern computing, HCL is a global transformational enterprise today. Its range of offerings includes product engineering, custom & package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of focused industry verticals. The HCL team consists of over 90,000 professionals of diverse nationalities, who operate from 26 countries including over 500 points of presence in India.”
*Information from Forbes.com and Hcltech.com
**Video published on YouTube by “HCLTechtube“