Noida, India and Coventry, UK – 29th January 2018 – HCL Technologies (HCL), a leading global IT services company, today announced a five-year IT infrastructure services and application management contract with Cadent, the UK’s largest gas distribution network. The ground-breaking ‘cloud first’ multi-service deal will see HCL provide integrated public cloud hosting and SAP and Application Maintenance Services, including the migration of a significant applications portfolio to Amazon Web Services (AWS) public cloud. In addition, HCL will provide IT Service Management, Service Desk and Managed Workplace Services.
HCL will deliver these services to support Cadent’s business operations which distributes gas to 11 million homes and businesses in the North West, Midlands, East and South East of England. HCL will provide MWS support to approximately 4,500 staff; including 3,500 field based-engineers who work across the company’s 65 regional depots. As a regulated business, Cadent is driven to provide better service and value to its customers, therefore was looking for a partner that could rapidly modernise its IT environment to deliver further business efficiencies. After a competitive tender, HCL was chosen due to its ‘cloud first’ approach, focus on end-user experience, and its automation and orchestration expertise.
“IT is mission critical to Cadent as a business, therefore it is essential we have the highest levels of IT support. At the same time, we recognise the need to modernise our IT environment in order to increase our business efficiency and the overall productivity of our mobile workforce,” said Tina Sands, CIO, Cadent. “We believe that in HCL, we have chosen a partner that has extensive transformational experience and is committed to delivering real business value through the adoption of the latest technologies.”
“The win in Cadent is a fantastic endorsement of HCL’s drive to help clients lay the foundation of their IT on new age cloud services. We are delighted to have been chosen as the partner who delivers this prestigious transformation, supporting a mission critical national Infrastructure in the UK along with the needs of 3,500 mobile workers,” said Sandeep Saxena, SVP – UK & Ireland, ITO, HCL Technologies. “The ‘cloud-first’ roadmap we have laid out for Cadent will enable it to become a truly 21st Century enterprise – supported by best-in-class technology and IT services delivery. Furthermore, through leveraging the automation and AI capabilities that are central to our Mode 1-2-3 growth strategy, Cadent will be able to realise improved business efficiencies.”
HCL is a global leader in IT infrastructure services, with the competency to execute large–scale, complex IT infrastructure transformation projects. HCL’s Mode 1-2-3 growth strategy encompasses next–generation IT infrastructure services, leveraging automation, artificial intelligence, analytics and cloud to build service–oriented, future–ready IT infrastructure for clients. With its focus on creating real value for customers, HCL takes 'Relationships Beyond the Contract', building long–term, mutually beneficial associations with its enterprise customers.
Cadent is the UK’s largest gas distribution network with a 200-year legacy. We are in a unique position to build on strong foundations whilst encouraging the curiosity to think differently and the courage to embrace change. Day to day we continue to operate, maintain and innovate the UK’s largest gas network, transporting gas safely and protecting people in an emergency. Our skilled engineers and specialists remain committed to the communities we serve, working day and night to ensure gas reaches 11 million homes from Cumbria to North London and the welsh borders to East Anglia, to keep your energy flowing.
Cadent Gas Ltd is majority owned by a consortium of global investors composed of Macquarie Infrastructure and Real Assets (14.5%), CIC Capital (10.5%), Allianz Capital Partners (10.2%), Hermes Investment Management (8.5%), The Qatar Investment Authority, (8.5%), Amber/INPP (4.4%), Dalmore Capital (4.4%) and National Grid plc (39%).
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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