Report says the company is aligned to Global Development of Japanese Companies*

Japan/ Noida, India – 13th May, 2013. An IDC 2012 Japan CIO Survey report* states that the Japan sales of HCL Technologies Ltd. (HCL), a leading global IT services provider, have led the company into its top position among offshore vendors in Japan.

According to the report, typically, Indian offshore vendors' Japan IT services businesses are developed for foreign Japan subsidiaries with which the vendor already has a global relation with the parent company; however, HCL has many Japan company clients. This presents a major opportunity for HCL to expand its business together with the global development of Japan companies both of IT and Engineering Services.

Speaking about the findings, Akiko Takei Market Analyst, IT Services, IDC Japan said, “HCL's Japan sales have led the company into its top position among offshore vendors in Japan. Moreover HCL’s large base of Japanese clients presents a major opportunity for HCL to expand its business together with the global development of these Japan companies. ”

The report also mentions that compared with embedded software, sales of IT services though small has witnessed steady growth especially with new customers. By industry, the majority of sales are from the manufacturing industry. Hi-tech, Industrial, Automotive and pharmaceutical companies have become a large customer base for HCL. HCL expects to grow its services to this segment to expand its businesses in the Japan market. HCL is focused on driving innovation at the edge through mobility, social and analytics offerings to the Japanese enterprises and also providing IT operational excellence through integrated application and operations delivered by its global delivery model.

Commenting on this report, Sandeep Kishore, Corporate Vice President, ERS & Japan, HCL Technologies Ltd., said, “We are very proud to be recognized by International Data Corporation (IDC) as the leader amongst offshore vendors in Japan. Our leadership position comes from our ability to dovetail our Global Best Practices with our understanding of the uniqueness of Japanese business procedures and practices.

“With over 90% of our clients being Japanese companies and proven success in the Manufacturing and Financial Services we lead with a combination of very experienced bilingual local team and a focused strategic Japan business unit .” He added.

Japan is one of the strategic development markets for HCL. Right from the beginning HCL had a clear focus that it should create relationships with Japan originated companies. HCL is committed to supporting and servicing Japanese companies which are the true foundation for the Japanese economy. Operating in Japan for nearly 20 years, HCL deeply understands Japanese business procedures and practices, and especially over the decade HCL Japan has built an image of a reliable and a trust-worthy company with its customers.

*- IDC Report: The Business Situation of Major India Vendors in the Japan IT Service Market 2012 , Doc # JP2578611U, Dec 2012