NOIDA, India – June 21, 2022 – HCL Technologies (HCL) today announced the launch of Industry NeXT, a transformational framework designed to help customers digitally reinvent their businesses.
Industry NeXT by HCL Technologies builds on the Industry 4.0 (I4.0) foundation and enables businesses globally to plan, prepare and seamlessly change into a collaborative ecosystem. It allows this by facilitating connected experiences, resilient operations and the delivery of blended physical and digital products and services powered by intelligent digital interventions.
Industry NeXT includes the following core components to enable digital transformation for businesses:
- Product NeXT: Ecosystem-led closed-loop product innovation in a circular economy and data enriched digital twins, enabling insights to help offer products as a service
- Manufacturing NeXT: Cognitive processes and automation to improve efficiency and agility
- Aftermarket NeXT: Predictive models and immersive experiences to maximize customer experiences while reducing downtime and services costs
- Supply Chain NeXT: Resilient operations in an agile business environment
- Facility & Sustainability NeXT: Operational feedback to improve carbon footprint visibility and reduce energy utilization
Leveraging key technologies, including a fully integrated digital thread, XR, AI on Edge, 5G/Wi-Fi 6 and use cases like self-healing supply chains, reimagined workspaces and a digital workforce, net-zero processes, operational digital twins and more, Industry NeXT helps create sustainable businesses powered by the most precious resource of today, the workforce of the future that is digitally empowered and supported by the collaborative synergies of the human-machine relationship.
As organizations navigate through this digital journey, they will shift from traditional business intelligence models that allow a sequential flow of information and resources to a cognitive ecosystem supported by real-time insights and stakeholder collaborations at an unprecedented scale. Keeping the need for rapid digitalization in the purview, HCL Technologies’ Industry NeXT empowers businesses by seamlessly integrating critical elements to deliver sustainable value and resilience.
“Industry NeXT is built on HCL Technologies’ strong engineering and digital infrastructure heritage combined with its leadership in emerging technologies and innovation. Additionally, HCL Technologies’ experience in driving Industry 4.0 and connected business transformation engagements across G2000 organizations played a vital role in its conceptualization,” said Sukamal Banerjee, Corporate Vice President, Industry Software Division and IoT WoRKS™, HCL Technologies. “This transformational framework and its related offerings will accelerate our customers’ journey to transcend digital and operational silos and drive sustainable business transformation.”
About HCL Technologies
HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1- 2-3 strategy, based on its deep-domain industry expertise, customer-centricity and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises. HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations and next generational digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering. P&P provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized as Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services. As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. For the 12 months ended March 31, 2022, HCL had consolidated revenue of US$ 11.48 billion. Its nearly 209,000 ideapreneurs operate out of 52 countries.
For more information, visit www.hcltech.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.
For further details, please contact:
Meenakshi Benjwal, Americas
Elka Ghudial, EMEA
Devneeta Pahuja, India and APAC