Everest Group Names HCL A ‘Leader’ And ‘Star Performer’ In Cloud Enablement Services Peak Matrix Assessment 2019 | HCLTech
Press Release

Everest Group Names HCL A ‘Leader’ And ‘Star Performer’ In Cloud Enablement Services Peak Matrix Assessment 2019

Published Date
5 min. read
Published Date
5 min. read

Noida, India- March 25th 2019- HCL Technologies (HCL), a leading technology company, has been recognized as a leader in Everest Group’s Cloud Enablement Services PEAK Matrix™ Assessment 2019. Everest Group assessed the global cloud enablement service providers and HCL was named a “Leader” for the second consecutive time, and a “Star Performer” for the first time amongst the 24 companies evaluated at a global level.

HCL’s formidable experience in driving higher value by providing contextual solutions tailored to customized client’s requirements, has led to the company receiving accolades. HCL has been performing well on the assessment metrics ranging from the impact created in the market to the capability to deliver services successfully and in a trusted manner to its customers.

HCL firmly believes that its Center of Excellence (CoE), strategic partner collaboration and intellectual property are some of its distinctive strengths that lead towards success in the arena of cloud computing services. Its CoE is a dedicated business unit which focusses on thought leadership, competencies and domain solutions in the cloud arena.

“HCL Technologies’ Cloud Services (Hybrid Cloud and Cloud Native Services) aims at providing transformational and differentiated services across all industry verticals. We envision ourselves to be the strategic partner of our clients and provide them with the various cloud enablement services such as cloud consulting, assessment, cloud implementation and migration, and cloud management operations cutting across IaaS, PaaS and SaaS. This achievement has highlighted our commitment and dedication towards aligning our teams to design tailored solutions towards complex enterprise requirements,” said Kalyan Kumar, Corporate Vice President & CTO IT Services, HCL Technologies.

“Cloud is now a strategic enabler of enterprise digital transformation initiatives. In addition to building technical capabilities, it has become imperative for service providers to build client-specific adoption roadmaps that help enable digital initiatives in a risk-free manner. HCL Cloud Services has built a strong hybrid cloud enablement portfolio with credible investments in differentiated next-generation stacks and cloud-native capabilities. This, along with HCL’s ability to demonstrate on-the-ground client impact leveraging its experience in this space, has helped it achieve Leader and Star Performer designations in the assessment,” said Jimit Arora, Partner, Everest Group

About HCL Technologies

HCL Technologies (HCL) is a leading global technology company that helps global enterprises re–imagine and transform their businesses through Digital technology transformation. HCL operates out of 44 countries and has consolidated revenues of US$ 8.4 billion, for 12 Months ended 31st December, 2018. HCL focuses on providing an integrated portfolio of services underlined by its Mode 1–2–3 growth strategy. Mode 1 encompasses the core services in the areas of Applications, Infrastructure, BPO and Engineering & R&D services, leveraging DRYiCE Autonomics to transform clients' business and IT landscape, making them 'lean' and 'agile'. Mode 2 focuses on experience–centric and outcome–oriented integrated offerings of Digital & Analytics, IoT WoRKS™, Cloud Native Services and Cybersecurity & GRC services to drive business outcomes and enable enterprise digitalization. Mode 3 strategy is ecosystem–driven, creating innovative IP–partnerships to build products and platforms business. HCL leverages its global network of integrated co-innovation labs and global delivery capabilities to provide holistic multi–service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing, Entertainment, Retail & CPG, Life Sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation & Logistics and Government. With 132,328 professionals from diverse nationalities, HCL focuses on creating real value for customers by taking 'Relationships Beyond the Contract'. For more information, please visit www.hcltech.com

Forward–looking Statements 

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-timeframe 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.

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