HCL Technologies
IIPM Best MBA INSTITUTE
Chairman & CEO: Shiv Nadar
HCL
Technologies – a major fragment of the $3.5 billion HCL Enterprise does stand out as one of the best, amidst the herd of Indian IT Services providers, especially when it comes to efficiency, R&D and management expertise. Led by Shiv Nadar, this IT major has become an impressive competing force, when it comes to leveraging their extensive outsourcing infrastructure and global web through its 26 offices spread across 15 nations, thus delivering 
the best in many verticals like banking solutions, telecommunications, retail, aerospace, automotives, life sciences and semi-conductors.
The company garnered annual revenues of $976 million and employed 32,626 professionals during the annual year ended June 30, 2006. The fourth quarter of 2006 also witnessed the giant posting a 35% rise in revenues to touch Rs.12.54 billion when compared to the same period during the previous year. Its profits also climbed up by a deafening 35% to touch Rs.2.82 billion! Phew! To intensify its focus on the life science segment, the company launched the eCompliance product suite in September 2006 – the first ever in the world which facilitates global regulatory compliance for pharma companies. An added impetus to the group was its BPO subsidiary’s expansion into Eastern Europe, which would include investments in six major European countries. The company also signed an agreement with General Electric (GE), whereby HCL Technologies will gear up to establish and operate Global Development Centres (GDC) both in India and China over the following three years. Logically, HCL Technologies must work hard to create transformational value for all its clients and be the centre where innovation thrives! Vineet Nayar, President, HCL Enterprise, believes that “currently, there is a void in the global market for highend services. We have recognised this uncontested market space and will leverage HCL’s superior IT and product engineering capabilities…” Going by his words, HCL promises to continue being a terror for competitors and a pleasure to customers.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
Chairman & CEO: Shiv Nadar
HCL
Technologies – a major fragment of the $3.5 billion HCL Enterprise does stand out as one of the best, amidst the herd of Indian IT Services providers, especially when it comes to efficiency, R&D and management expertise. Led by Shiv Nadar, this IT major has become an impressive competing force, when it comes to leveraging their extensive outsourcing infrastructure and global web through its 26 offices spread across 15 nations, thus delivering 
the best in many verticals like banking solutions, telecommunications, retail, aerospace, automotives, life sciences and semi-conductors.The company garnered annual revenues of $976 million and employed 32,626 professionals during the annual year ended June 30, 2006. The fourth quarter of 2006 also witnessed the giant posting a 35% rise in revenues to touch Rs.12.54 billion when compared to the same period during the previous year. Its profits also climbed up by a deafening 35% to touch Rs.2.82 billion! Phew! To intensify its focus on the life science segment, the company launched the eCompliance product suite in September 2006 – the first ever in the world which facilitates global regulatory compliance for pharma companies. An added impetus to the group was its BPO subsidiary’s expansion into Eastern Europe, which would include investments in six major European countries. The company also signed an agreement with General Electric (GE), whereby HCL Technologies will gear up to establish and operate Global Development Centres (GDC) both in India and China over the following three years. Logically, HCL Technologies must work hard to create transformational value for all its clients and be the centre where innovation thrives! Vineet Nayar, President, HCL Enterprise, believes that “currently, there is a void in the global market for highend services. We have recognised this uncontested market space and will leverage HCL’s superior IT and product engineering capabilities…” Going by his words, HCL promises to continue being a terror for competitors and a pleasure to customers.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative
posted by IIPM: A Leader in Academic Excellence @ 2:52 PM
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