HCL rated as a “LEADER” and “STAR PERFORMER” In Everest Group PEAK Matrix for Banking ITO Service Providers 2015
HCL has been rated as a STAR PERFORMER for the 4th consecutive year and has been assessed as a LEADER in the Everest Group PEAK Matrix for Banking ITO. HCL has shown significant growth both in terms of Market success and Delivery capability in the Banking space. Everest group selects market Star performers based on the relative YoY movement of each service provider on the PEAK matrix.
The Everest Group report analyzes the capabilities of 30 leading ITO service providers as they relate to the global banking sector, mapping each on its Performance, Experience, Ability and Knowledge (PEAK) Matrix™, a composite index of a range of distinct metrics related to providers’ capabilities and market success across two key dimensions. The report measures market success by the number, scale and growth of large Banking ITO contracts, and ranks delivery capabilities by scale of operations, scope, enabling domain investments and delivery footprint. The Group then classifies providers into Leaders, Major Contenders, and Emerging Players. In addition, the PEAK Matrix designates eligible service providers with Star Performer status, based on relative year-over-year progress within the matrix
The report states that “HCL’s Banking witnessed highest growth in the Banking AO ACV among the players”