'Lab 21' will conceptualize, create, and deploy high-impact solutions using Azure
Noida, India and Redmond, Washington – March 14 2018 – HCL Technologies (HCL), a leading global IT services company, today announced the opening of its dedicated state-of-the-art technology development center, ‘Lab 21,’ showcasing the deep collaboration, investments, and advocacy on Microsoft AI platform /Cortana Analytics in the Azure Cloud. Lab 21 will allow HCL to develop and deploy high-impact business solutions based on the Microsoft AI Platform that will help accelerate adoption and increase value creation for enterprise customers in such areas as Business Intelligence, Big Data, and Advanced Analytics. The Lab is based in Redmond, Washington
“Our investments in Lab 21 toward developing deep competencies on Microsoft’s Cortana Intelligence stack reinforces our commitment to bringing the power of superior Cloud and AI offerings to our customers around the world through DRYiCE™, our award-winning suite of AI solutions,” said Kalyan Kumar, CVP & CTO – IT Services, HCL Technologies. “Microsoft’s AI capabilities suite is a seamless and complementary fit to HCL’s leading edge autonomics and orchestration solutions.”
“Over the past few years, we have significantly increased our focus to help our mutual customers through their digital transformation journey. Our work with HCL has been centered around building solutions that will drive significant value and help our customers transition to the cloud. I am excited about HCL’s strong commitment to our cloud alliance as their Lab 21 will provide a platform for building and showcasing industry vertical and horizontal solutions with the Microsoft AI Platform and Microsoft Azure,” said Michael Angiulo, CVP – Microsoft Corp.
The 5,000-square-foot lab houses a team of data scientists, architects, and big data experts who focus entirely on vertical and domain solution offerings using the Microsoft AI Platform. Broadly classified into Operational Intelligence, Customer Insights, and Product Engineering categories, the analytics-based solutions are built out in immediate and scalable formats by HCL. These enterprise solutions, having been built initially as proofs-of-concept to address pressing business challenges, are now fully scalable, deployable frameworks that bring in immense value in terms of optimization, forecasting accuracy, and provisioning, as well as predictive dashboards.
About HCL Technologies
HCL Technologies (HCL) is a leading global IT services company that helps global enterprises re–imagine and transform their businesses through digital technology transformation. HCL operates out of 32 countries and has consolidated revenues of US$ 7.6 billion, for 12 Months ended 31st December, 2017. 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 DRYiCETM 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 119,291 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
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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