Sunnyvale, Calif./Noida, India – January 06, 2010 – HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced that Cisco, the worldwide leader in networking, has named HCL an inaugural member of the Cisco Eos Partner Program, an ecosystem developed to help Media and Entertainment companies enhance entertainment experiences built on the Cisco Eos™ social entertainment platform.
Cisco Eos is a hosted “software as a service” platform that enables Media and Entertainment companies to more economically create, manage and monetize social entertainment experiences built around their portfolios of branded content. By leveraging the Cisco Eos platform, organizations can generate revenue and loyalty by engaging online audiences with interactive, social experiences while eliminating the need to invest in, develop and maintain a proprietary web platform internally.
Through this relationship, Cisco Eos customers can leverage HCL’s deep-rooted expertise in social media and end-to-end platform-driven technology solutions to help them design and deploy Eos-powered websites and optimize platform management and operations. HCL’s flexible global delivery model will enable organizations to achieve superior performance while significantly reducing costs.
“HCL has played a pioneering role in leveraging a platform-driven approach, and remains committed to providing innovative solutions to its media and entertainment clients,” said Karan Puri, senior vice president and global vertical head, retail, media and telecom, HCL. “We are pleased that our expertise and leadership in this arena has positioned us as a Cisco Eos partner. We are committed to creating transformational value for Cisco in this engagement and look forward to a long and mutually rewarding relationship.”
“Cisco Media Solutions Group is pleased that HCL has demonstrated its commitment to the Cisco Eos platform by building a strong portfolio of services practices and software expertise,” said Loretta Brown, vice president, Cisco Media Solutions Group Services and Support. “We are confident that HCL will bring value to our media & entertainment customers.”
HCL’s Media and Entertainment practice offers end-to-end, business-driven technology solutions to the publishing, gaming, music, ISV, business information services, broadcasting and new media sectors worldwide, through in-depth domain knowledge and expertise garnered from long-term customer relationships and strategic partnerships with many of the world’s leading Media and Entertainment companies.
“With more than three decades’ of experience helping large corporations address complex engineering environments, HCL integrates the right capabilities and business models to ensure organizations such as Meggitt establish a competitive advantage,” said Sandeep Kishore, Senior VP and Global Head of Sales & Practice, HCL ERS. “HCL’s alignment to the key business imperatives of Meggitt and synergy with business objectives proved to be the biggest differentiators during the evaluation process and culminated in this strategic win.”
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 54,443 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 2.3 billion (Rs. 11,270 crores), as on 30th September 2009 (on LTM basis). For more information, please visit www.hcltech.com.
About HCL Enterprise
HCL is a $5 billion leading global Technology 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.
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, contact:
BluePoint Venture Marketing for HCL Technologies