Noida, India and Sydney, Australia – Oct 3, 2018 -- HCL Technologies (HCL), a leading global technology company, has signed a five-year managed services deal with TransGrid, a high voltage transmission network service provider for the state of New South Wales, Australia. As part of the five-year deal, HCL will create a transformation roadmap for TransGrid and provide outsourcing support for Service Desk Operations, Data Center Operations, Security, Disaster Recovery, End User Computing and Applications.
“We are delighted to partner with TransGrid on its transformation journey. In an increasingly digitalized world, HCL’s core capabilities in next-gen services such as digital, Internet of Things (IoT) and cybersecurity is best positioned to drive critical technology transformation and realize business success. The deal highlights HCL’s commitment to invest and drive growth in Australia,” said Michael Horton, Senior Vice President, Australia, HCL Technologies.
HCL will use its technical expertise and global experience to deliver operational excellence. HCL will also introduce its flagship employee engagement practices to establish a culture of innovation at TransGrid. In order to ensure delivery excellence, HCL will create a TransGrid Academy for cultural alignment and talent pool incubation.
“TransGrid’s partnership with HCL has exciting potential for a step change in our IT Service Delivery,” said Michael Milne, IT Operations Manager, TransGrid. “We believe this partnership with HCL will allow us to ensure the IT Services delivered to TransGrid are cost effective and fit for purpose.”
The partnership will help TransGrid realize its vision of delivering excellence and support its mission of creating values by providing safe, reliable and efficient transmission services.
About HCL Technologies:
HCL Technologies (HCL) is a leading global technology company that helps global enterprises re–imagine and transform their businesses through Digital technology transformation. HCL operates out of 41 countries and has consolidated revenues of US$ 8.0 billion, for 12 Months ended 30th June, 2018. 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 124,121 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
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 unauthorised 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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