HCL Technologies and Duck Creek Technologies Announce Technology Services Partnership | HCL Technologies

HCL Technologies and Duck Creek Technologies Announce Technology Services Partnership

HCL Technologies and Duck Creek Technologies Announce Technology Services Partnership

PUBLISHED DATE: May 18, 2017

HCL Joins the Duck Creek Global Alliance Program to bring first-class system integration support and software services to customers worldwide

Noida, India and Sunnyvale, CA – 18th May, 2017HCL Technologies (HCL), a leading global IT services company, has joined the Duck Creek Global Alliance Program. As a Delivery Partner, HCL will provide customers with industry-leading application maintenance and technical support solutions to reduce time, risk, and costs during implementation and throughout the lifecycle of the deployed software.

“HCL is proud to partner with Duck Creek to deliver functional expertise and engineering capabilities to industry-leading platforms to help insurers modernize their legacy core applications,” said Parag Samarth, Corporate Vice President, Financial Services, HCL Technologies. “HCL's emphasis on customer-centric and digital solutions creates an insurtech experience that differentiates this partnership. I’m excited and looking forward to the future of our partnership with Duck Creek.”

Duck Creek’s Global Alliance Program is comprised of delivery, solution, and technology members who play a crucial role in providing complementary software services and solutions to insurers of all sizes. As a Delivery Partner, HCL offers a broad range of capabilities to support initial implementation projects as well as longer-term application maintenance and technology solutions.

“Our agreement with HCL highlights our commitment to partnering with the best service providers in the market to ensure the highest quality projects for all of our customers, no matter which Duck Creek solutions they use," said Eddie Jones, Vice President – Strategy And Alliances, Duck Creek Technologies. “HCL’s focus on rapid deployment and efficiency mirror our own. We’re looking forward to a great future together.”

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$ 7.0 billion, for 12 Months ended 31st March, 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 115,973 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

About Duck Creek Technologies

Duck Creek Technologies is a leading provider of comprehensive P&C insurance software and services for insurers of all sizes worldwide. Employing progressive technology, Duck Creek solutions enable insurers to optimize outcomes and enhance engagement through advanced digital and data capabilities and integrated functionality that can be delivered via the cloud or on premises. For more information, visit www.duckcreek.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.

For details contact

HCL Technologies

Meenakshi Benjwal

Meenakshi.Benjwal@hcl.com

Anne Coyle

Anne.Coyle@hcl.com

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