Sunnyvale/Noida, February 2, 2010 – HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced a partnership with software company nMetric to provide intelligent shop floor solutions to automotive manufacturers.
nMetric will leverage HCL’s comprehensive automotive solution, Intelligent Shop Floor Solution (ISFS), to help manufacturers improve operations by automating and monitoring complex automotive factory processes. Through this partnership, manufacturers can achieve a new level of flexibility, better leverage their global supply chains and respond to customers in record time, while improving cash flow and profitability.
“With this new partnership, HCL expands its ability to provide innovative IT solutions to the global automotive industry,” said Suneel Sekhri, Director VSG-Auto, HCL Technologies. “nMetric has developed groundbreaking software technology that will enable manufacturers in the complex automotive environment to optimize factory processes, improve production flexibility and successfully achieve true just-in-time production. This partnership represents our strategic direction of delivering cost-effective, high value-add industry solutions to the automotive industry.”
“nMetric is proud to partner with HCL Technologies,” said nMetric CEO and President Lucy Hoger. “We have a joint dedication to helping automotive manufacturers improve factory operations through intelligent shop floor management. With our patented Smart Job™ technology, nMetric software brings true business process automation to the factory floor and delivers unprecedented real-time and forward visibility. Partnering with HCL is an ideal way for us to bring our solution and its benefits to the automotive industry.”
Along with industry solutions, HCL Technologies delivers full life-cycle product engineering services and IT services to the automotive industry. The company’s automotive practice offers services in automotive electronics, engineering and design, and enterprise to automotive OEMs and Tier 1 suppliers across geographies. It also helps organizations achieve faster time to market, ensure collaboration and visibility across the supply chain and maximize their investments in manufacturing resources.
About HCL Enterprise
HCL is a $5 billion leading global Engineering and IT Enterprise that comprises two companies listed in India - HCL Technologies & HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups, a pioneer of modern computing, and a global transformational enterprise today. Its range of offerings spans Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products across a wide range of focused industry verticals. The HCL team comprises over 60,000 professionals of diverse nationalities, who operate from 26 countries including over 500 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information, please visit www.hcl.com.
About HCL Technologies
HCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on ‘transformational outsourcing,’ underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of ‘Employee First’ which empowers our 55,688 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.5 billion (Rs. 11,833 crores), as on 31st December 2009 (on LTM basis). For more information, please visit www.hcltech.com
Headquartered in Costa Mesa, California, nMetric® is the creator of modular nMetric Product Suites for production and physical logistics. Driven by the company’s patented scheduling engine and Smart Job™ technology, nMetric brings a new level of process automation to logistics environments. Smart Jobs™ intelligently seek out appropriate resources in real time to dynamically address changes in the environment and ensure their own on-time completion. Using real-time, closed-loop status reporting from Smart Jobs, the nMetric system provides full current and forward visibility into workload, orders and constraints and allows fine-grain control over each job at each operation. nMetric allows organizations to lower costs through reduced inventory, reduced cycle time, greater worker productivity and more consistent on-time delivery of orders. For more information, please visit www.nmetric.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.
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