HCL positioned as an industry Leader in the Everest Group's Semiconductor Engineering Services PEAK Matrix® Assessment 2021

HCL has been positioned as an industry Leader in Everest Group’s Semiconductor Engineering Services PEAK Matrix® Assessment 2021. For this study, Everest Group evaluated 16 leading service providers on two broad parameters – Vision & Capability (measures ability to deliver services successfully) and Market Impact (measures impact created in the market). HCL is positioned as a leader on both parameters.

The report highlights HCL’s

  • Well-diversified portfolio of offerings covering all the service segments and product categories and targeting all the major geographical regions.
  • Balanced mix of client portfolio spread across small, mid-sized, and large enterprises.
  • Strong growth momentum, backed by consistent investments in capability enhancing acquisitions, IP development, co-innovation partnerships, and infrastructure establishments.
  • High flexibility in pricing constructs and willingness toward emerging pricing models such as outcome based, risk reward, and revenue sharing.

According to Akshat Vaid, Vice President, Everest Group, “HCL Technologies has recorded strong growth momentum backed by consistent investments in capability enhancing acquisitions, such as Sankalp Semiconductor, and co-innovation partnerships with ecosystem entities, such as NXP and Intel. Its investments in developing superior lab infrastructure and clean rooms, CoEs around next-generation themes, such as for 5G and IoT, and a portfolio of analog and digital IPs are well received by the market. The company is able to leverage its capabilities to offer a well-diversified portfolio of service offerings across the semiconductor engineering value chain to different customer segments. Besides, its flexibility in pricing to engage on outcome based and revenue sharing models are well acknowledged by customers.”

ERS

To know more, download this report.