HCL Technologies Annual Report 2022-23

Consumer demands, technological advancements and data-driven approaches are revolutionizing business landscapes. HCLTech collaborates with top technology firms to assist organizations in navigating this evolving environment and overcoming intricate operational and business obstacles. Through these partnerships, we deliver exceptional value and drive digital transformation, leveraging our expertise and the innovation of our partners. Together, we create a lasting impact and propel enterprises toward a future of success, combining cutting-edge solutions and extensive industry knowledge.

Strategic Alliances

We act as an ecosystem orchestrator, collaborating with top technology partners and innovators to provide tailored components and define engagement models. Our ecosystem strategy ensures that all stakeholders—clients, partners and HCLTech—can quickly adapt and succeed in evolving business environments. We recognize the significance of staying current with technology trends and industry-specific solutions at HCLTech. By closely collaborating with our ecosystem partners, we develop innovative solutions that enable our clients to maintain a competitive edge.

We place a strong emphasis on cloud and AI/ML technologies and collaborate with top-tier technology companies to develop innovative IPs and solutions. Through our strategic business units, we drive partnerships that accelerate our clients’ digital transformation journeys.

Startup Ecosystem

Redefining partnership paradigms, we have cultivated a unique and innovative ecosystem consisting of startups, venture capitalists and trade missions from across the globe – to create solutions which can be leveraged by our clients. A key differentiator is our own startup accelerator and innovation platform, the eSTiP (Startup Ecosystem Innovation Platform & Program). It enables co-creation through an open innovation model. Undertaken by HCLTech Enterprise Technology Office, this platform industrializes innovation and fosters deep collaboration among various stakeholders through a systematic and scaled approach for idea funnel management, prototyping, deployment and commercialization.

Industry Ecosystem

In line with our belief in the benefits of a collaborative world, we are affiliated with and contribute to numerous large industry forums and foundations. These initiatives are orchestrated via HCLTech Enterprise Technology Office and Cloud Native Labs. These include relationships with the World Economic Forum (WEF), The OpenGroup, Cloud Native Computing Foundation (CNCF) and CloudFoundry Foundation (CFF), among others.

Industry Ecosystem

Cloud Ecosystem

Red Hat
Google Cloud

Digital Platforms

UI Path

Data and Analytics

Ecosystem Operating Model

IT & Business Services

  • Global Systems Integrator
  • Managed Services Provider

Engineering and R&D Services

  • Engineering Services Provider
  • OEM Integrator

Products and Platforms

  • Independent SW Vendor (ISV) GTM
  • Marketplace Channels
Ecosystem Units

Ecosystem Units

Full-stack aligned by each ecosystem

Ecosystem Units

360 Degree (Sell-To)

Services OEM/Products

CloudNative Labs/FinOps/Cloud Consulting

Cloud Native Labs/FinOps/
Cloud Consulting

Enabling cross-ecosystem collaboration

Joint Go-To-Market

Joint Go-To-Market

Geographies and industries

Siki Giunta, Executive Vice President & Head, CloudSMART Consulting and OS, HCLTech, at U.S. Investor Day.

Siki Giunta, Executive Vice President & Head, CloudSMART Consulting and OS, HCLTech, at U.S. Investor Day.

Analyst Perspectives


The Forrester Wave™: Multicloud Managed Services Providers, Q1 2023

HCLTech has achieved MSP competency across the programs of the top three hyperscalers and has a strong vision for the importance of network architecture and security in multicloud strategies. Reference customers speak highly of HCLTech’s ability to be flexible while retaining an opinionated stance but would still like to see more of it.”

Bill Martorelli
Principal Analyst, Forrester


The Forrester Wave™: Cloud Migration And Managed Service Partners In Asia Pacific, Q4 2022

HCLTech leverages its heritage skills to provide hybrid cloud operations. Known for its strong IT outsourcing services, HCLTech is a significant player in cloud migration and modernization services. The company dedicates cloud ecosystem business units to leading hyperscalers and has an established partnership with Google.”

Sam Higgins, Principal Analyst, Guannan Lu, Analyst


Everest Group’s System Integration (SI) Capabilities on Amazon Web Services (AWS) PEAK Matrix® Assessment 2022

Through its AWS Ecosystem Business Unit (EBU), HCLTech has built an integrated storyline of cloud offerings to effectively address enterprise needs on AWS. It is delivering contextualized offerings and expertise to certain targeted industries including healthcare, aerospace, retail, manufacturing and BFSI by investing in nurturing talent and building AWS-specific industry cloud capabilities. Enterprise clients have appreciated the domain knowledge and project management skills exhibited by HCLTech.”

Mukesh Ranjan
Vice President, Everest Group


Everest Group’s System Integration (SI) Capabilities on Microsoft Azure PEAK Matrix® Assessment 2022

Through its Microsoft Ecosystem Unit (MEU), HCLTech has a well-established, comprehensive, and extensive cosell, co-build and co-deliver partnership with Microsoft. It includes multiple co-innovations in themes such as vertical-oriented solutions, sovereignty and sustainability, launch partnerships for various Microsoft industry clouds, and niche specializations. Enterprises have appreciated technical and domain expertise that HCLTech brings to the Azure engagements.”

Mukesh Ranjan
Vice President, Everest Group


Everest Group’s System Integration (SI) Capabilities on Google Cloud Platform (GCP) PEAK Matrix® Assessment 2022

HCLTech presents an integrated approach to enterprises to accelerate their journey on Google Cloud through its CloudSMART offering. Its Google Cloud Ecosystem Unit (GEU) has jointly developed solutions around nextgeneration technologies such as AI/ML and IoT by leveraging in-house innovation labs. Enterprise clients have appreciated its commercial and operational flexibility and focus on building strong relationships”

Mukesh Ranjan
Vice President, Everest Group

Mukesh Ranjan

Partner Perspectives


The synergy of HCLTech’s CloudSMART program with the RISE with SAP offering will help customers maximize business value while leveraging innovations in cloud on their journey to an intelligent enterprise. We look forward to the continued strategic partnership with HCLTech.”

Harald Martin
Senior Vice President, Services Partner Business Development, Cloud Success Services, SAP SE


Our relationship with HCLTech spans over 30 years, and with thousands of Microsoft- certified professionals, we’ve seen the capabilities and collaboration accelerate as HCLTech invests in the Microsoft Business Unit and delivers breakthrough, industry-focused innovation on Microsoft Cloud. We are especially excited about HCLTech’s focus on the healthcare vertical and investments in 5G and Cloud Native Labs, allowing our mutual enterprise customers to realize tangible benefits as they continue their digital transformation journey.”

Marianne Roling
General Manager, Global Systems Integrators, Microsoft Corporation


With their CloudSMART approach, VMware sees that HCLTech has the right vision for today’s enterprises seeking to increase their capabilities with the power of multicloud solutions. We’re delighted to partner with HCLTech for its CloudSMART framework powered by VMware and hyperscalers. Whether we’re providing the technology that helps HCLTech deliver innovative consumer experiences or enabling resilient and agile workforces, we look forward to helping HCLTech ensure our customers’ utmost success.”

Sumit Dhawan
President, VMware


Our technology and solutions combined with the depth and breadth of HCLTech’s services provide unique value to our customers. Add to that our combined industry expertise, we’re well-positioned to ensure our customers have the IT strategy and solutions to address their needs today and in the future.”

Denise Millard
Senior Vice President, Global Alliances, Dell Technologies


HCLTech provides an end-to-end roadmap for adopting AWS, starting from cloud consulting, in order to best serve our mutual customers.”

Chris Niederman
General Manager, Global Account Sales and Strategic Alliances, AWS

Chris Niederman