HCL and Fiskars Group announce a strategic partnership for Digital Transformation

PUBLISHED DATE: Jul 02, 2021

HCL to accelerate Fiskars Group’s Digital Journey through Applications and Infrastructure Modernization

Noida, India; Helsinki, Finland – July 2, 2021 HCL Technologies (HCL), a leading global technology company, today announced a multi-year agreement with Fiskars Group, consisting of a family of lifestyle brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford and Wedgwood.

Fiskars Group is partnering with HCL to enable meeting their strategic objectives and to drive their digital transformation initiatives for an immersive omnichannel experience for their end customers and consumers. HCL as a partner will enable Fiskars to standardize and harmonize their IT and business processes, drive operating model transformation and increase overall digital maturity.

“We have our heritage and strong shared values that guide us as we seek sustainable growth in the ever-changing consumer goods business environment. We are excited about the partnership with HCL and believe that with our combined strengths, we can make the everyday extraordinary for our employees and our consumers,” said Peter Holmberg, CDO, Fiskars Group. “We have been undergoing a transformation to be an integrated consumer goods company and meet the changing market needs. In HCL, we have a partner who understands our vision and the direction we are taking and brings to the table experience-centric solutions for our employees and customers along with strong capabilities in driving digital transformation. This will ensure that we are well placed to achieve our ambitious sustainability mission and constantly improve the digital user journey.”

“We are excited to work with Fiskars Group to help them with their digital transformation initiatives and achieve a coherent and digitally native consumer journey. HCL will leverage our experience and expertise in the consumer goods industry to enable a truly seamless experience for Fiskars,” said Pankaj Tagra, Corporate Vice President and Nordic and DACH Head, HCL Technologies. “Our partnership with Fiskars Group to provide end-to-end IT services is a fantastic endorsement of HCL’s digital transformational capabilities, while further strengthening our presence in Finland and the Nordics.”

About HCL Technologies

HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1-2-3 strategy, based on its deep-domain industry expertise, client-centricity and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises.

HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations and next generation digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering. P&P provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized as Financial Services, Manufacturing, Technology and Services, Telecom and Media, Retail and CPG, Life Sciences and Healthcare, and Public Services.

As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability, and education initiatives. For the 12 months ended March 31, 2021, HCL had consolidated revenue of nearly $10.2 billion. Its 168,977 Ideapreneurs operate out of 50 countries.

For more information, visit www.hcltech.com

About Fiskars Group

Fiskars Group’s vision is to create a positive, lasting impact on our quality of life. Our brands Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford, and Wedgwood are present in people’s everyday lives – at home, in the garden, and outdoors. This gives us an opportunity to make the everyday extraordinary today, and for future generations. We have a presence in 30 countries, and our products are available in more than 100 countries. Our shares are listed on the Nasdaq Helsinki (FSKRS). Please visit us at www.fiskarsgroup.com for more information and follow us on Twitter.

Forward–looking Statement

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 further details, please contact:

HCL Technologies

Meenakshi Benjwal

meenakshi.benjwal@hcl.com

Elka Ghudial, Europe

elka.ghudial@hcl.com

Devneeta Pahuja, India and APAC

devneeta.p@hcl.com

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