In this report, ISG has assessed 38 companies based on comprehensive product and service offering, strong market presence and established competitive position and has acknowledged HCLTech as a Leader in ISG Provider Lens™ Procurement services - Strategic Sourcing and Category Management Services – Global, 2025.

“HCLTech’s leadership recognition is attributed to its focus on innovating, robust end-to-end procurement services, a growing team of procurement professionals and strong partnerships with leading procurement software providers for customized solutions.” - Tarun Nathooram Vaid, Lead Analyst, ISG Provider Lens™.

Key Strengths of HCLTech:

• Tool-agnostic approach: HCLTech provides tools such as AI-led category/market intelligence for insights, benchmarking, supplier monitoring and cost modeling. Its Procurement Command Console offers dashboards for spend analysis and KPI monitoring. Sourcing automation digitalizes supplier recommendations and bidding processes. These tools enable competitive performance measurement, real-time spend visibility and automated sourcing/ bidding processes.
• Customer-centric approach: HCLTech leverages its expertise and references to enhance category performance, spend savings, visibility, supplier performance, diversity and sustainability. It holds client workshops to understand their needs, propose trends, AI use cases and best practices, conduct spend analysis for savings opportunities, and execute savings projects based on discussions and commitments.
• Expertise in delivering cost optimization projects: HCLTech has various use cases for improved cost savings and process efficiency. Recently, the company assisted a leading printing solutions company in optimizing its costs by securing 7 % annual savings on contract renewals and rationalizing payment terms to enhance working capital. It also consolidated suppliers, reducing the tail spend by nearly 5 % and generating $47 million in revenue.