HCL Wins Everest Group’s ‘Service Provider of the Year™ 2016' Awards
Awarded for Overall IT Services and BFSI IT
Noida, India, 9th February 2016: HCL Technologies, a leading global IT services provider, has won Everest Group PEAK MatrixTM ‘Service Provider of the Year Award 2016’ in two categories – ‘Overall IT Services’ and ‘Banking, Financial Services and Insurance (BFSI) IT’. In both these categories, HCL has been recognized as ‘Star Performer of the Year’.
Everest Group PEAK Matrix™ evaluations are a valuable source for IT services buyers to evaluate and compare key service providers in the global market. These assessments not only provide guidance to select a service provider, but also offer nuanced insights into the strategies pursued by providers for key business lines, geographies, and technologies. The awards recognize consistent top performers across 26 PEAK MatrixTM IT services evaluations featuring 59 providers, that were published in 2015.
“The global services industry is witnessing significant churn due to disruption in technology and sourcing models. The PEAK MatrixTM Star Performer ratings are indicative of a service provider’s ability to successfully transform client environments, in an age where incumbents are getting increasingly challenged to retain market share. HCL has been awarded for securing the maximum number of ‘Star Performer’ ratings across 26 Everest Group PEAK MatrixTM Assessments” said CJ Sengupta, Vice President, Everest Group.
“Over the years, HCL has invested significantly in building its global leadership in transformational IT services space. As we prepare and position ourselves to meet the demands of 21st Century Enterprise through our differentiated propositions across Next–Gen IT Outsourcing, BEYONDigital and IoT Works, this recognition further underscores our leadership position and the trust that clients are placing in us,” said Rahul Singh, President, Financial Services, HCL Technologies.
HCL has always been at the forefront of changing market dynamics and ended the calendar year 2015 with a robust growth of 13.5% (LTM YoY constant currency). Today, HCL is a partner of choice for leading corporations and known for creating exceptional customer value.
About HCL Technologies
HCL Technologies is a leading global IT services company working with clients in areas that impact and redefine the core of their businesses. Since its emergence on global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 32 countries and has consolidated revenues of US$ 6.1 billion, as on 31st December 2015 (on Calendar Year basis). HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, offering an integrated portfolio of services including Enterprise Digitalization, Internet of Things, Engineering Services Outsourcing and Next Generation IT Outsourcing that focuses on transformation-led infrastructure services, applications services and business services. HCL leverages its extensive global delivery capabilities and integrated innovation labs across the world to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing Entertainment, Retail CPG, Life sciences Healthcare, Oil Gas, Energy Utilities, Travel, Transportation Logistics and Government. With 103,696 professionals from diverse nationalities, HCL Technologies focuses on creating real value for customers by taking 'Relationships Beyond the Contract'. For more information, please visit www.hcltech.com
HCL Forward-looking Statements
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes’,’ strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
Sumit Ranjan Aggarwal