HCLTech has been recognized as a Leader in the Everest Group Product Lifecycle Management (PLM) Services PEAK Matrix® Assessment 2026, which evaluated 22 global engineering service providers for their vision, capabilities and market impact across the rapidly evolving PLM services landscape.

The recognition underscores our strong capabilities in delivering end-to-end PLM transformation, modernization and managed services. Everest Group highlighted our differentiated approach to lifecycle transformation, driven by deep industry expertise, strategic platform partnerships, reusable IPs, proprietary accelerators and AI-enabled solutions. The assessment also recognized our strong client relationships, delivery excellence and growing momentum across emerging PLM domains, including digital thread, digital twin, Model-Based Systems Engineering (MBSE), cloud PLM, supply chain traceability and AI-enabled lifecycle services. Together, these capabilities help enterprises accelerate product innovation and optimize the product lifecycle.

Key Highlights from the report:

Our comprehensive PLM ecosystem strategy, combined with its engineering heritage and industry-specific expertise, positions us as a trusted partner for organizations seeking to accelerate product innovation and lifecycle digitalization.

• Recognized for strong PLM IP monetization, leveraging reusable assets and accelerators that enable AI-led lifecycle transformation, testing automation and platform modernization initiatives
• Acknowledged for deep PLM expertise and delivery excellence, with clients highlighting strong communication practices and execution rigor, particularly in complex transformation programs and large-scale managed services engagements
• Demonstrating strong momentum across emerging PLM themes, including digital thread, digital twin, MBSE, cloud PLM, supply chain traceability and AI-enabled lifecycle services
• Supporting customers with PLM transformation, modernization, cloud migration and platform-led business initiatives

Disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis.  All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking.  To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.