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| Home > Resources > Analyst Newsletter > February 2011 |
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| ENGAGEMENTS @ HCL |
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| Lippo and HCL Sign landmark Memorandum of Understanding in presence of the Indonesian President |
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| The Lippo Group, one of Indonesia’s largest conglomerates, through its subsidiary PT Multi-polar Technology, signed a Memorandum of Understanding with HCL Technologies Ltd, in the presence of visiting Indonesian President Susilo Bambang Yudhoyono to offer IT outsourcing in Southeast Asia’s largest country. |
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| Global consulting firm selects HCL for media tracking services |
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| HCL has won an opportunity to provide media monitoring and tracking services across print and electronic media to a leading US-based global consulting firm. This strategic win allows penetration into the niche social media market where HCL is a key player. |
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| HCL will provide the client with key services such as review of data from selected media outlets, and monitoring and indexing of over 100 million blogs. HCL will also provide media tracking reports for competitor news, industry news and relevant general business news on a daily, weekly, monthly and quarterly reporting basis, including traditional and social media analysis. At the back end, HCL Business Services will draw on its domain knowledge, both of in media and analytics, while leveraging the client’s in-house tools to generate timely and quality reports. |
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| HCL wins Basel II reporting and analytics deal from diversified financing solution provider |
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| HCL has won a three-year deal from a diversified financing solution provider for Basel II reporting and analytics. This deal is a unique blend of application support and business services, providing solvency and risk assessment to the client. |
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| Expertise on the FERMAT platform -- an integrated global delivery model, and a robust transition plan which included knowledge transfer from the incumbent -- were the reasons behind HCL’s success in being awarded this knowledge intensive opportunity. Flexibility in operating structure and commercials added to HCL’s strength in this case. |
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| HCL helps Japanese major take its Marquee Intravascular Diagnostic product to the US market |
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| HCL embarked upon an engagement for FDA compliance for the client’s Intravascular Equipment, which is to be launched in the US Market in the near future. |
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| Key winning factors: |
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One-stop shop for Consultancy Services, Solution Implementations, Submissions, Audits and Process Definitions |
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Experience of having worked on regulatory compliance for leading global companies, and ability to address the entire value chain for a medical devices company |
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Strong Japanese language as well as project management skills |
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| SERVICE INNOVATION @ HCL |
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| HCL Technologies Launches CataLOG™ |
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| HCL Technologies announced the launch of CataLOG™, a one-stop supply chain platform, jointly developed with eBizNET Solutions Inc., a leading provider of Software-as-a-Service (SaaS) supply chain execution solutions. This innovative solution will cater to the unique business needs of the SME segment across the supply chain ecosystem by offering a basket of pre-configured services on a subscription-based model. |
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| NEW @ HCL |
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| HCL opens Global Enterprise Mobility Lab in Singapore |
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| HCL Technologies Ltd. unveiled its Global Enterprise Mobility laboratory in Singapore. The Lab will leverage HCL’s product engineering DNA and its micro-vertical domain knowledge for creating unique IPs and solutions around enterprise mobility. |
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| With 329 basis points gain of market share in ESO business - HCL is clearly getting ahead’ |
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| With one of the worst recessions in recent times being a thing of the past globally product companies are again increasing their R&D spend. While the top 8 providers have almost 80% of the market share of the 4 billion USD vendor market (6 billion USD of the 10 is the captives market), it is again the top 4 of them that have the lion’s share. With almost 2 billion USD as the combined ESO revenues of these 4 companies they clearly have an edge over the rest due to sheer scale and existing client base. |
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| However one company among these four stands out due to its stellar performance in the ESO business and that’s HCL. In the last four quarters HCL has not only grown in absolute terms from around quarterly revenue of 117 million USD to almost 160 million USD; it has in the meantime also increased its market share by 329 basis points vis-à-vis its competitors. . It is already the second largest Indian player in ESO and having reduced the quarterly revenue gap from 50 million dollars in OND ’09 to only about 20 million dollars in OND ’10 vis-à-vis the leader; HCL is clearly getting ahead now. |
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| Vineet Nayar, Vice Chairman & CEO HCL Technologies featured in BBC’s ‘The Bottom Line’ Program, the view from the top of the business |
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| The show presented by Stephanie Flanders, the BBC Economics Editor, featured Tim Watkins, Vice President of the western arm of Chinese tele-communications company Huawei; Richard Fenning, Chief Executive of global security consultancy Control Risks; and Vineet Nayar, Vice Chairman & Chief Executive of Indian IT services company HCL Technologies. |
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| Vineet outlined his management philosophy ‘Employees First, Customers Second’. He highlighted that focusing on employees in this economic condition is a strategic way for companies to outgrow their competition. |
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| 'The Bottom Line' is one of the top premier business programs produced by BBC. This is a business conversation show with people at the top providing insight into what matters and cut through confusion, statistics and present a clearer view of the business world, through discussion with people running leading and emerging companies. |
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| HCL Tech set to raise emerging markets revenue share |
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| HCL Technologies, the country’s fourth largest software exporter, expects emerging geographies like Korea, Vietnam and Indonesia to contribute 20% to its total revenues in the next five years. At present, the emerging geographies contribute around 16% to the company’s overall revenues. In emerging markets, the deal sizes that the company is looking at are between $5-10 million, spanning across 3-5 years. |
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| * Financial Express coverage |
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| HCL eyes share in defense pie |
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| HCL has just set up a dedicated unit to cater to the Indian defense aerospace sector. HCL is looking at opportunities to work with the Ministry of Defense and aims to design and develop products for the Indian defense sector. |
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| ...more |
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| * Deccan Chronicle coverage |
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