HCL Technologies Launches CataLOG™
The one-stop Supply Chain Platform for SME's powered by eBizNET Solutions
Sunnyvale, CA/Noida, India 17th February 2011 – HCL Technologies, a leading global IT services provider today announced the launch of CataLOG™, a one-stop Supply Chain platform, jointly developed with eBizNET Solutions Inc. , a leading provider of software-as-a-service (SaaS) supply chain execution solutions. This innovative solution will cater to the unique business needs of the SME segment across the supply chain ecosystem by offering a basket of pre-configured services on a subscription based model.
CataLOG™ is a web-based platform that can be seamlessly accessed by users across the world. The solution ensures a high degree of visibility and transparency into operations as demanded by customers, by leveraging the benefits of a hosted offering along with flexible billing and pricing models.
“We are delighted to launch CataLOG™ as part of our Supply Chain services portfolio”, says Amit Gupta, Vice President and Global Head, Transportation Vertical at HCL Technologies. “While the logistics industry recovers from a downturn, companies today face the challenge of tight budgets and limited resources for technology investment. Our ‘One Stop Supply Chain Platform’ enables customers to focus on their core business, paying only for services that they need, with minimal capital investment.”
“CataLOG™ enables significant reduction of freight and operational costs by leveraging eBizNET’s expertise in distribution, transportation, reverse logistics & aftermarket services,” said Sitaram Geddam, Founder and CTO, eBizNET Solutions. “Further aided with flexible pricing models, the scalable solution will help customers optimize resource utilization and maximize business.”
CataLOG™ is powered by the in-depth logistics expertise of HCL and a proven, scalable, supply chain execution layer from eBizNET Solutions. Importantly, CataLOGTM provides SME customers with a ready-to-go, on-demand, supply chain solution that is completely flexible, can scale up to varying business complexity and be made operational in less than a month.
About HCL Technologies
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing’, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employee First’ which empowers our 72,267 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 3.1 billion (Rs. 14,101 crores), as on 31st December 2010 (on LTM basis). For more information, please visit www.hcltech.com
HCL is a $5.7 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 79,000 professionals of diverse nationalities, who operate from 31 countries including over 500 points of presence in India. HCL has partnerships with several leading global 1000 firms, including leading IT and technology firms. For more information, please visit www.hcl.com
About eBizNET Solutions
eBizNET Solutions offers an integrated suite of on-demand SaaS Supply Chain Execution (SCE) solutions including warehouse management, transportation management, yard management, port and cargo terminal management, activity based billing and costing, and reverse logistics. Its customers include Fortune 500 companies located worldwide. eBizNET Solutions is a leading provider of SaaS Supply Chain Execution Solutions and has its presence in North America and Asia Pacific. With a proven footprint across Retail, 3PL, Automotives, Pharma, Food & Beverages and High Technology, the company offers an array of unique solutions as part of its robust and integrated eBizNET – Supply Chain Suite in a SaaS or On-Demand environment for supply chain communities, supporting all the trading partners in the ecosystem. eBizNET is a cloud partner of NetSuite and SPS Commerce. For more information, please visit www.ebizscm.com
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.
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