Noida, Oct, 22, 2009 - HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced that it has been conferred with the prestigious ‘Golden Peacock Innovation’ Award for its MTaaS™ (a Business Service Management centric service delivery platform) offering in the IT Sector category.

HCL’s MTaaS™ offering was chosen amongst more than 188 corporate entries through a stringent selection process. The applications were assessed based on an exhaustive set of parameters and the applicant scoring the highest amongst each of the respective industrial categories were recommended to a three tiered jury chaired by Justice PN Bhagwati, former Chief Justice of India.

MTaaS™ is a first of its kind private Cloud based industrialized delivery platform. It redefines a whole new way of delivering Infrastructure Management Services by driving platform centric delivery which enables process automation & compliance. This unique offering enables the customer to control the huge capital expenditure on multiple silos by standardizing on a Business Service Management enabled integrated platform available on a utility basis.

C Vijay Kumar, Sr. Vice President & Worldwide Head of Delivery for Infrastructure Management & Transformation Services at HCL Technologies ISD said,” winning this prestigious citation is a matter of great pride for us. Our MTaaS™ offering provides many benefits to customers like service delivery standardization, process automation and improved Quality of Experience. It is very flexible, with faster on-boarding and pre-defined integration between best of breed tools and platforms. We are committed to creating more such innovative propositions which have a quick impact cycle and definitive cost savings for our customers”.

Golden Peacock Awards have been instituted by the Institute of Directors (IoD) in 1991 and are bestowed annually. Considered the holy grail of corporate excellence, the awards are one of the most prestigious citations in the Indian industry.

“The Golden Peacock Innovation Award is one of the most prestigious awards conferred by IoD and is bestowed only to the highest example of innovation and thought leadership. We congratulate HCL on winning this year’s Innovation award in the IT category and complement its MTaaS™ Service for its world pioneering credentials and the many benefits this innovation provides to enterprises. The fact that MTaaS™ has proven its merit with an execution folio of some of the largest companies in the world makes it a very worthy recipient of this award,” stated Manoj K Raut, Director, Institute of Directors.

HCLT ISD’s MTaaS™ offering currently boasts of 30+ Global 1000 customers across US, Europe, Middle East and ANZ.

The award was presented to HCLT ISD at a special function during the International Conference on Corporate Governance held at London. The forum was attended by many eminent personalities from across the globe including Ola Ullsten, Former Prime Minister of Sweden, Justice P N Bhagwati, former Chief Justice of India and Member, U N Human Rights Committee, Salman Khursheed, Minister of Corporate Affairs, Govt of India, Lord Myners, Financial Services Secretary (City Minister), Boris Johnson, Mayor of London, Stephen Green, Group Chairman, HSBC Holding Plc etc.

HCL was recently ranked as World’s No.1 IT Infrastructure Services Provider by Blackbook of Outsourcing Survey 2009.