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HCL wins Prestigious AI Award
HCL wins Prestigious AI Award
PUBLISHED DATE: May 27, 2016
Noida, India and London, United Kingdom, May 27th 2016 – HCL Technologies, a leading global IT services company, has been named the winner of the Best Innovation in Natural Language Processing (NLP) award at the AIconics Awards. The AIconics are the world’s only independently judged awards celebrating the drive, innovation and hard work in the international Artificial Intelligence Community organised by AIBusiness and was hosted during The AI Summit on the 5th May. HCL was also named as a finalist in the Best Intelligent Assistant category, which showcases companies making ground-breaking advancements in virtual assistants and advanced voice/text recognition capabilities.
This year’s awards featured 5 categories, recognising industry leaders across a broad spectrum of AI technologies. In winning the Best Innovation in NLP award, the AIconics Awards judges recognised that HCL is ahead of the curve when it comes to NLP, at a time when many businesses are looking towards productivity and automation of roles and tasks.
The driving force behind HCL’s success at the AIconics Awards is HCL DryICE, the company’s innovative autonomics & orchestration framework. Enabling more than 40 micro services from a single platform, HCL DryICE is benefiting HCL’s customers across Digital and Next-Generation IT and IoT projects. HCL’s holistic NLP offering covers text extraction, grammar understanding, matching of situations to actions, external knowledge patterns and algorithms around emotion & tone analysis, voice processing and other functions.
Kaylan Kumar, Executive Vice President at HCL Technologies, said: “We are delighted to have been recognised for our pioneering work in the AI space. This award gives testimony to the innovation and pragmatic implementation of Natural Language Processing in the 21st Century Enterprise. Our DryICE platform is at the cutting edge of this innovation, with such functionality being embedded in many of the micro services we deliver.”
Daniel Pitchford, Director at AI Business added: “We are dedicated to championing brilliance and innovation in the field of practical AI, focusing specifically on how the technology can be used within an enterprise. HCL Technologies has certainly demonstrated a fantastic innovation when it comes to NLP; we congratulate HCL on its achievements and look forward to seeing more developments on the horizon.”
HCL DryICE enables 21st Century Enterprises to act with the same agility as a start-up, while delivering like a lean enterprise. Taking human-to-human and human-to-machine interaction patterns HCL has applied its core NLP capability across its cognitive service desk, intelligent tech support and robotic process automation domains.
About HCL Technologies
HCL Technologies is a leading global IT services company working with clients in areas that impact and redefine the core of their businesses. Since its emergence on global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 32 countries and has consolidated revenues of US$ 6.2 billion, for 12 Months ended 31st March, 2016. For the 21st Century Enterprise, HCL focuses on business model transformation, underlined by innovation and value creation, offering an integrated portfolio of services including BEYONDigital, IoT WoRKS, Engineering Services Outsourcing and Next–Generation IT & Operations (NGIT&O) that focuses on transformation–led integrated infrastructure services, applications services and business services. HCL leverages DryICE, its 3rd generation automation platform, global network of integrated 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 104,896 professionals from diverse nationalities, HCL Technologies 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-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 details please contact:
Elka Ghudial, HCL Europe Corporate Communications
+44 (0) 7973 567 131
Ajay Davessar, VP and Global Head HCL Corporate Communications