HCL Technologies accredited as FinOps Certified Service Provider and FinOps Certified Platform by FinOps Foundation
Noida, India – March 1, 2022 - HCL Technologies (HCL), a leading global technology company, has been accredited as FinOps Certified Service Provider (FCSP) and FinOps Certified Platform (FCP) by FinOps Foundation. HCL is one of the few leading global technology companies that is certified as both FCSP and FCP by the FinOps Foundation. With one of the highest numbers of FinOps-certified practitioners across all the vendors of FinOps Foundation, HCL Technologies is a leader among the GSI (global system integrator) community.
The FinOps practice at HCL Technologies is part of the #HCLCloudSmart portfolio of industry-focused, strategic cloud offerings. Designed to enable businesses to pivot from their current cloud state to the models and capabilities of Cloud 3.0, the FCSP certified FinOps practitioners offer guidance on best practices, consultative reviews for cost optimization, instance rightsizing based on consumption trends, reserved instance recommendations and more.
“Propelled by our #HCLCloudSmart portfolio, HCL Technologies nurtures an ecosystem of practitioners who specialize in delivering the best of cloud financial management support to our clients. Our recognition as an FCSP stands testimony to it. With our deep focus on innovation across products and services portfolio, we stand out among ISVs (independent software vendor) with our organically developed, industry recognized, FCP certified FinOps platform, DRYiCETM MyXalytics,” said Kalyan Kumar, Chief Technology Officer and Head, Ecosystems, HCL Technologies.
MyXalytics streamlines cloud cost visibility, optimization and cloud governance with ease. Certified as an FCP, it is a self-learning AI-based platform that facilitates multi-cloud integration, unified reporting and dashboarding to ensure cloud financial management is aligned with FinOps standards.
"Leaders like HCL Technologies are advancing the discipline of cloud financial management, through services and tooling to support practitioners in delivering better products and services, more quickly via sustainable innovation," says J.R. Storment, Executive Director, FinOps Foundation. "We're thrilled to certify HCL Technologies and look forward to advancing this cause together."
MyXalytics FinOps solution has also been recognized as a Rising Star in Multi-cloud FinOps platforms providers by ISG Provider Lens™ Public Cloud – Services & Solutions, 2021. HCL Technologies brings its automation expertise to the three simple and basic principles of FinOps, namely, inform, optimize and govern.
About FinOps Foundation
The FinOps Foundation is a program of the Linux Foundation dedicated to advancing the discipline of cloud financial management through best practices, education, and standards. The FinOps Foundation includes 4400+ individual members, representing more than 1500 companies. It counts dozens of major service and platform providers as part of their vendor certification programs, such as FinOps Certified Platform and FinOps Certified Service Provider programs.
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, customer-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 generational 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 & Services, Telecom & Media, Retail & CPG, Life Sciences & 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 Dec. 31, 2021, HCL had consolidated revenue of US$11.18 billion. Its nearly 198,000 ideapreneurs operate out of 52 countries.
For more information, 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 further details, please contact:
Meenakshi Benjwal, Americas
Elka Ghudial, EMEA
Devneeta Pahuja, India and APAC