HCL Announces its vision for Transformation with the Launch of Enterprise Transformation Services

HCL Technologies Ltd has announced that meeting the growing demand for strategic, transformational services In the IT sector, The Company on September 06, 2006 has announced its vision for Transformational Strategy and Services with the introduction of ´Enterprise Transformation Services (ETS)´. The launch of ETS further strengthens the Company´s focus on value centric leadership. This is reflected in the landmark deals won by the Company this year, the global recognition of its "Employee First" strategy and its commitment to providing customers with the transformational business value that will reinforce its strategic relevance to end-users.

Business organizations, worldwide, are undergoing significant transformation due to increasing global competition. They are now looking at Indian vendors to provide value beyond cost and improve their business competitiveness. This has created opportunities to provide IT services that will impact core of customers business and help them transform and evolve. The Company has identified the following key services that will help architect transformation for customer’s organization:

- Business and IT Consulting

- Legacy Modernization

- Application Architecture Services

- Business Analytics Services

An industry first, this business-led initiative is aimed at tapping the market potential of key verticals, providing premium domain services that have been structured under one business unit. The structure of ETS and the services being offered are an extension of the vision the Company has demonstrated on its path to becoming a thought leader for its customers. Furthermore, a team of competitive engineering solution specialists were carefully selected to develop cutting edge technology and world class process excellence for ETS that have resulted in these service offerings.

The Company will leverage its existing growth verticals, such as Financial Services, Retail, Life Sciences and Healthcare, Telecom, Hi-Tech and Manufacturing and Media and Entertainment, where the Company has deep expertise and a lengthy track record.

The Company´s world-class capabilities in design, quality systems and manufacturing processes, coupled with the Company’s strong presence in key domains, will fuel its growth in this segment. As part of this initiative, the Company win analyze market and industry trends on an ongoing basis, and develop and market a set of Premium Domain Services.

Speaking on the occasion, Vineet Nayar, President, of the Company said, "currently, there is a void in the high-end services global market, We have recognized this ‘uncontested market space,’ and will leverage HCL’s superior IT and product engineering capabilities and strong presence in key domains, to help create transformational value to our customers. HCL will continue to pioneer new business models such as there to grow our share in emerging opportunities."

Source : Equity Bulls

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